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(Wireless-NewsWire.Com, July 05, 2016 ) In the last few years’ global wearable technology devices have experienced a significant growth in its acceptance across different verticals like health and fitness, medical, media and entertainment, fashion and lifestyle and others to name a few. Wearable technology has also evolved tremendously in the last few years and companies are aggressively launching innovative products and solutions like smart clothing, smart glasses attracting mass adoption among individuals and enterprises.
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Fitness bands and smart watches have emerged as one the prime revenue sources and has experienced a high adoption rate, highly growing demographics across the regions and increasing awareness among end users about the potential benefits of wearable technology is expected to accelerate the wearable technology market in the coming years
High acceptance across various application areas such as industrial and medical and increasing spur in venture capital funding for various wearable ecosystems players along with high growth of IoT and increasing end-user’s preference towards handy gadgets is further boosting the growth of wearable technology market.
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The global market has been segmented on the basis of applications into healthcare & medical, infotainment, military & industrial, fitness & wellness, safety & security, and fashion & lifestyle. The global wearable technology market has been further bifurcated by products into sleep sensors, smart clothing & smart glasses, activity monitors ,smart watches, HRMs, continuous glucose monitor , wearable patches, AR headsets, hand worn terminals, and jewelries (such as bracelets, ring, neck pieces earrings, pendants, and clutches among others).
Presently, North America dominates the global wearable technology market, due to a high number of wearable technology products manufacturers, high acceptance and actively involved in launching a number of key products. In addition, Europe wearable technology market is anticipated to be grow at a good rate owing to growing demand of wearable products from industrial & military, healthcare & medical industries. Asia Pacific (APAC) is one of the fastest growing region for the wearable technology market due to a large base of users demanding wearable devices. Thus, with a large number of potential users, specifically in India and China, APAC is expected to be the leading geography in near future and a strong battle ground for various wearable technology providers round the globe. A medium growth is expected to be experienced in South America due to lack of awareness and slow technical adoption about wearable technology and wearable products.
As of now, most of the key players of this domain are established organizations such as Google Inc., Apple Inc., Microsoft Cooperation, Nike Ltd., Xiaomi Inc., Adidas Group, Sony Cooperation, Suunto Oy, Medtronic, Garmin International Inc., Fitbit Inc., Jawbone, Koninklijke Philips N.V., LG Electronics Inc., Pebble Technology Corporation, Qualcomm, Inc., Samsung Electronics Co., Ltd, and Sony Corporation among others.
Few Key Points from Table of Content
7 Global Wearable Technology Market Analysis
7.1 Global Sales Revenue and Forecasts to 2025
7.2 Global Wearable Technology Market, Competitive Landscape
8 Global Wearable Technology Market Revenue and Forecasts to 2025 – Applications
8.1 Overview
8.1.1 Segment Share (%), 2014 & 2025
8.2 Infotainment
8.3 Fitness & Wellness
8.4 Healthcare & Medical
8.5 Industrial & Military
8.6 Safety & Security
8.7 Fashion & Lifestyle
9 Global Wearable Technology Market Revenue and Forecasts to 2025 – Products
9.1 Overview
9.1.1 Segment Share (%), 2014 & 2025
9.2 Smart Clothing & Smart Glasses
9.3 Sleep Sensors
9.4 Smart Watches
9.5 Activity Monitors
9.6 Augmented Reality Headsets
9.7 Continuous Glucose Monitor
9.8 Heart Rate Monitors (HRMs)
9.9 Drug Delivery Devices
9.10 Hand Worn Terminals
9.11 Wearable Patches
9.12 Jewelries (Ring, Bracelets, Neck Pieces, Pendants, Earrings, Clutches, etc.)
11 Global Wearable Technology Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments
11.1 Google Inc.
11.2 Nichia
11.3 Apple Inc.
11.4 Nike Ltd.
11.5 Microsoft Cooperation
11.6 Xiaomi Inc.
11.7 Adidas Group
11.8 Sony Cooperation
11.9 Zephyr Technology
11.10 Suunto Oy
11.11 Medtronic
11.12 Garmin International Inc.
11.13 Eurotech S.p.A.
11.14 Fitbit Inc.
11.15 Cerora Inc.
11.16 CuteCircuit Ltd.
11.17 Mio Global
11.18 Epson America Inc.
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