Description:
While wearable technology has been utilized in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community. Key enabling technologies including low cost sensors, wireless connectivity, active materials and energy have converged to make wearable technology mainstream.
With the continued miniaturization of enabling technologies, wearable devices have hit the mass market in a diverse variety of form factors – ranging from smartwatches and fitness trackers to smart glasses to hearables.
Driven by the ability to interconnect with key modern trends of healthcare, fitness, messaging and socialization, the wearable technology ecosystem is attracting significant levels of interest. Companies as varied as smartphone OEMs, mobile operators, health insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a stake.
Researcher estimates that wearable device shipments will grow at a CAGR of approximately 22% between 2018 and 2021. By the end of 2021, wearable devices will represent a market worth $45 Billion with over 250 Million annual unit shipments.
The “Wearable Technology Ecosystem: 2018 – 2030 – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts” report presents an in-depth assessment of the wearable technology ecosystem including market drivers, challenges, enabling technologies, consumer and enterprise applications, key trends, case studies, opportunities, future roadmap, value chain, ecosystem player profiles, vendor market share and strategies. The report also presents forecasts for wearable device shipments and revenue from 2018 through to 2030. The forecasts cover 9 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries.
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The report comes with an associated Excel datasheet suite covering quantitative data from all numeric forecasts presented in the report.
Topics Covered
The report covers the following topics:
– Wearable technology ecosystem
– Market drivers and barriers
– Key enabling technologies and concepts including low cost sensors, wireless connectivity, voice recognition and augmented reality
– Analysis of vertical markets and applications – for consumer, healthcare, professional sports, retail & hospitality, military, public safety and 8 other sectors
– Case studies of 10 wearable technology deployments – reviewing solutions, vendors, applications and feedback from end users
– Wearable device vendor market share
– Prospects of smartphone OEMs and cellular chipset suppliers in the wearable technology ecosystem
– Impact of 5G NR (New Radio), cellular IoT and ProSe (Proximity Services) on wearable technology
– Industry roadmap and value chain
– Profiles and strategies of more than 360 leading ecosystem players including wearable technology suppliers and vertical domain specialists
– Strategic recommendations for enabling technology providers, wearable device OEMs, application developers and mobile operators
– Market analysis and forecasts from 2018 till 2030
Forecast Segmentation
Market forecasts on are provided for each of the following submarkets and their subcategories:
Form Factor Submarkets
– Smart Bands
– Smartwatches
○ OS-Powered Smartwatches
○ Basic Smartwatches
– Smart Glasses
– Smart Clothing
– Smart Earwear
– Smart Jewelry
– Heads-up Displays
– Others
Vertical Submarkets
– Consumer
– Healthcare
– Professional Sports
– Retail & Hospitality
– Military
– Public Safety
– Others
Regional Markets
– Asia Pacific
– Eastern Europe
– Latin & Central America
– Middle East & Africa
– North America
– Western Europe
Country Markets
– 73 Country level markets: Algeria, Argentina, Australia, Austria, Bangladesh, Belarus, Belgium, Bolivia, Bosnia & Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Luxembourg, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, South Africa, South Korea, Spain, Sudan, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia, Turkey, UAE, UK, Ukraine, Uruguay, USA, Uzbekistan, Venezuela and Vietnam
Key Questions Answered
The report provides answers to the following key questions:
– How big is the wearable technology ecosystem?
– What trends, challenges and barriers are influencing its growth?
– How is the ecosystem evolving by segment and region?
– What will the market size be in 2021 and at what rate will it grow?
– Which vertical markets will see the highest percentage of growth?
– How do standardization and regulation impact the adoption of wearable technology for the healthcare industry and other sectors?
– What opportunities exist for cellular chipset suppliers in the wearable technology ecosystem?
– How can mobile operators capitalize on the growing popularity of smartwatches, fitness bands, smart glasses and other wearable devices?
– What are the future prospects of hearables and other emerging form factors?
– Who are the key ecosystem players and what are their strategies?
– What strategies should wearable technology suppliers and vertical domain specialists adopt to remain competitive?
Key Findings
The report has the following key findings:
– SNS Telecom & IT estimates that wearable device shipments will grow at a CAGR of approximately 22% between 2018 and 2021. By the end of 2021, wearable devices will represent a market worth $45 Billion with over 250 Million annual unit shipments.
– In terms of annual wearable device unit shipments, the top 5 vendors – Apple, Xiaomi, Fitbit, Samsung and Garmin – collectively account for more than 55% of the market.
Report Details @ https://www.wiseguyreports.com/reports/3144689-the-wearable-technology-ecosystem-2018-2030-opportunities-challenges
Table Of Contents – Major Key Points
Chapter 1: Introduction
Executive Summary
Topics Covered
Forecast Segmentation
Key Questions Answered
Key Findings
Methodology
Target Audience
Companies & Organizations Mentioned
Chapter 2: An Overview of Wearable Technology
What is Wearable Technology?
Device Classification
Head-Worn Devices
Wrist-Worn Devices
Leg and Ankle-Worn Devices
Arm, Chest and Neck-Worn Devices
Smart Clothing & Jewelry
In-Body Wearables
Enabling Technologies
MEMS & Sensors
BT-LE (Bluetooth Low Energy) & Wi-Fi
Voice Recognition
Lowed Powered Wireless SoCs
RFID & NFC
GPS & Navigation Technology
Energy Harvesting
Ergonomics & Materials Science
Augmented Reality
Market Growth Drivers
Proliferation of Smartphones
Continue…..
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