Global wearable computing market is expected to rise to an estimated value of USD 103.80 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. Wearable computing is the integration of advanced technologies in smart wearable devices having the capability of small computers. This technology is adopted in a number of different small-scale devices ranging from smart watches, smart phones, smart wearables such as clothing, footwear, eye wear among others.
Major Market Competitors/Players
Few of the major competitors currently working in the global wearable computing market are Apple Inc.; Fitbit, Inc.; Garmin Ltd.; LG Electronics; Motorola Mobility LLC; Nike, Inc.; SAMSUNG; Sony Corporation; Medtronic; Contour, LLC; GoPro, Inc.; Himax Technologies, Inc.; TDK Corporation; Silicon Micro Display, Inc.; AiQ Smart Clothing; CASIO COMPUTER CO., LTD.; Siemens Healthcare GmbH; Koninklijke Philips N.V.; Microsoft; LifeSense Group; Google; Xiaomi; among others.
Download exclusive PDF sample report@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-wearable-computing-market
Segmentation: Global Wearable Computing Market
- By OS (Android, Wear OS by Google, Glass OS by Google, RTOS, Windows, Apple’s Watch OS, Others)
- By Technical Functions (External Speaker, GPS, Heart Rate Sensor, Megapixels, Microphone, Skin & Body Temperature Sensor, Touchscreen, UV Sensor, Waterproofing)
- By Operating (Tethered, Standalone, Both)
- By Application (Fitness & Wellness Application, Medical & Healthcare, Enterprise & Industrial, Infotainment, Defense & Security, Home Automation, Others)
- By Technology (Computing Technologies, Display Technologies, Networking Technologies, Others)
- By End-Users (Consumer, Non-Consumer)
Competitive Analysis: Global Wearable Computing Market
Global wearable computing market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wearable computing market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
- Rapid rise of smart wearable devices from the consumers is expected to propel the growth of the market
- Increasing proliferation and prevalence of IoT technology is another factor boosting the market growth
- High adoption rate for wearable products and technologies from the healthcare industry also acts as a market driver in the forecast period
- Integration of advanced technologies and features with wearable devices; this factor is expected to positively impact the market growth
Market Restraints:
- High costs associated with the wearable devices is expected to restrict the growth of the market
- High levels of consumption of power with lack of battery backup for long-term operations this will also hinder the market growth
Inquiry Before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-wearable-computing-market
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
US: +1 888 387 2818
Related Reports:
Wearable Computing Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Wearable Computing industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Wearable Computing manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Wearable Computing market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014-2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Wearable Computing industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019-2024 market development trends of Wearable Computing industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Wearable Computing Industry before evaluating its feasibility.Key Benefits for Wearable ComputingMarket:This study includes the global Wearable Computingmarket analysis, trends, and future estimations to determine the imminent investment pockets.The report presents information related to key drivers, restraints, and global Wearable Computingmarket opportunity.The global Wearable Computingmarket size is quantitatively analyzed from 2014 to 2024 to highlight the financial competency of the Wearable Computingindustry.Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-wearable-computing-2019-2024-192There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Wearable Computing as well as some small players.
At least 8 companies are included: Apple Inc. (U.S.) Motorola Holdings LLC (U.S.) Google Inc. (U.S.) LG Corporation (South Korea)To know more competitorThe information for each competitor includes: Company Profile Main Business Information SWOT Analysis Sales, Revenue, Price and Gross Margin Market ShareFor product type segment, this report listed main product type of Wearable Computing market in gloabal and china.
Computing Display NetworkingFor end use/application segment, this report focuses on the status and outlook for key applications.
Global Wearable Computing Market Research Report, by technology (Display Technologies, Network Technologies and Others) by Product (Activity Monitoring Device, Smart Clothing & Textile, and Wearable Camera) and by End User (Infotainment, Gaming, and Others) - Forecast till 2023Wearable Computing MarketWearable computing is a shared relationship between man and machine.
This creates a unique differentiation between wearable computers and portable machines such as hand held devices and laptop computers which intensify the bond between human and computer to evolve the wearable computing as a concept of human intelligence.
The human intelligence is a framework which is an outcome of a communication bond between human and computational process.
For instance, a wearable device can be transformed into electric eyeglass where the user can interact and analyze the device without any interruption.The wearable computing technique are extensively used in different technologies such as augmented reality, diminished reality and mediated reality.
With the constant evolving technologies, the computing techniques can be implemented into smart watches and wristbands.The rising need and increase in adoption of techniques in wearable health and medical devices are expected to drive the wearable computing market over the forecast period.
Additionally, diffusion of smart clothing in the European region in large investment is presumed to be gaining prospect over the next few years.On the other hand, high initial price range of wearable devices and lack of technical know-how are presumed to hinder the growth of wearable computing market over the review period.The wearable computing has been categorized into technology, product, and end user.Based on the technology, the wearable computing is sub divided into display technologies, networking technologies, and other technologies.
Market Highlights:Wearable computing is a shared relationship between man and machine.
This creates a unique differentiation between wearable computers and portable machines such as hand held devices and laptop computers which intensify the bond between human and computer to evolve the wearable computing as a concept of human intelligence.
The human intelligence is a framework which is an outcome of a communication bond between human and computational process.
For instance, a wearable device can be transformed into electric eyeglass where the user can interact and analyze the device without any interruption.The wearable computing technique are extensively used in different technologies such as augmented reality, diminished reality and mediated reality.
With the constant evolving technologies, the computing techniques can be implemented into smart watches and wristbands.The rising need and increase in adoption of techniques in wearable health and medical devices are expected to drive the Wearable Computing Market over the forecast period.
Additionally, diffusion of smart clothing in the European region in large investment is presumed to be gaining prospect over the next few years.On the other hand, high initial price range of wearable devices and lack of technical know-how are presumed to hinder the growth of wearable computing market over the review period.Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5375Segmentation:The wearable computing has been categorized into technology, product, and end user.Based on the technology, the wearable computing is sub divided into display technologies, networking technologies, and other technologies.
The growth sectors of the Wearable Computing Market Share are identified with precision for a better growth perspective.The global wearable computing market was analyzed by Market Research Future (MRFR) and it was projected that a striking CAGR of 15% will be attained by the market over the forecast period of 2017 to 2023.
The valuation of the wearable computing market was further stated to surpass its previous figure to reach an estimated valuation of USD 35 Billion by 2023.The global market is experiencing a surging growth due to the increasing adoption of wristbands and smart watches among consumers.
Add to this, there is a burgeoning interest for networking, communication and recognition technologies for wearable products, thereby driving the global wearable computing market.
However, the high consumption rate of power and limited use of battery life can pose to be a challenge to the potential growth of the market over the forecast period.Market SegmentationThe global wearable computing market has been segmented in terms of product, end-user, and technology.By technology, the market segments into networking technologies, display technologies, and other technologies.
The networking technologies is narrowed down into Wi-Fi and Bluetooth, while the display technologies is broken down into augmented reality and virtual realityBy product, the market comprises activity monitoring device, smart clothing and textiles, wearable camera and virtual reality eyewear.By end-user, the market includes fitness & wellness, defense & security, medical & healthcare, infotainment, gaming, automation, home enterprise & industrial, and other applications.Healthcare & medical and fitness & wellness are expected to have a significant growth over the next few years.
The region currently leads the global market and is expected to remain the same in the coming years.
