Global
Wearable Devices Market, By Product Type (Wristwear, Eyewear, Footwear,
Neckwear, Bodywear, Others), By Industry (Consumer Products, Healthcare,
Industrial, and Others), By Type (Smart Textile (Passive, Active, Ultra Smart)
(Sensing, Energy Harvesting, Luminiscence, Thermo Electricity), Non-Textile),
By Technology, By Component, By Geography (North America, Europe, Asia-Pacific,
South America, Rest of the World) – Trends and Forecast to 2024
The global
wearable devices market USD 17.8 Billion in 2016, and are expected to reach USD
64.6 billion by 2024, growing at a CAGR of 17.6% in the forecast period 2017 to
2024. The new market report contains data for historic years 2015, the base
year of calculation is 2016 and the forecast period is 2017 to 2024.
Request for Sample Report Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-wearable-devices-market
The global wearable devices
market is segmented based on industry into consumer products, healthcare,
industrial, and others.
The growth of wearable devices
market in the consumer products industry is owing to the increasing demands for
wristwear and bodywear products growing in this market.
Based on product type the
wearable devices market is segmented into wristwear, eyewear, footwear,
neckwear, bodywear, and others. Wrist wearable products are likely to grow in
popularity in the coming years. The market is growing with increasing sales of
smartwatches expected to be launched by leading players. It is expected that
with major companies foraying into the market such as Apple and Samsung, the
look and feel for wearables would increase immensely. These devices are
targeting the fashion sense and the health necessity hence doubling the growth
of the market. Initially these products were for the priviledged but with
Chinese players launching their products in developing nations, the market in
South Asian and South American countries are expected to drive the growth of
the market.
Based on geography the global
wearable devices market is segmented into 5 geographical regions, North
America, Europe, Asia-Pacific, South America and rest of the world. The
geographical regions are further segmented into 24 major countries such as U.S.
Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey,
Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
North America is expected to dominate the market due to strong awareness of
pedometers and smart watches in this region. The rising pool of chronic
diseases like obesity and diabetes is also the major factors in development of
this market.
Inquiry
before Buying Visit @ http://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-wearable-devices-market
Some
of the major Companies operating in this market are:
·
Adidas AG
·
Apple, Inc.
·
Fitbit, Inc.
·
Garmin, Ltd.
·
Google, Inc.
·
Jawbone, Inc.
·
LG Electronics Inc.
·
Nike, Inc.
·
Pebble Technology Corp.
·
Qualcomm, Inc.
·
Samsung Electronics Co., Ltd.
·
Sony Corporation
·
Xiaomi Technology Co., Ltd.
Browse
Full Report Visit @ http://databridgemarketresearch.com/reports/healthcare-it/global-wearable-devices-market/
Related
Report
Germany
Fitness Equipment Market – Trends and Forecast to 2024
Germany Fitness
Equipment Market, By Type (namely body composition analyzers, fitness
monitoring equipment, cardiovascular training equipment and strength training
equipment) By Product Type(Bioimpedance analyzers, skinfold caliper, dual
emission x-ray absorptiometry (DEXA), hydrostatic weighing and, air
displacement plethysmography), By End User (health clubs/ gyms, home settings,
corporate settings, hotels, apartments, hospitals, clinics), By Geography
(Germany) – Trends and Forecast to 2024
Report Access: http://databridgemarketresearch.com/reports/healthcare-it/germany-fitness-equipment-market-trends-forecast-2024/
About Data Bridge Market
Research:
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 endeavors to provide appropriate solutions to the
complex business challenges and initiates an effortless decision-making
process.
Contact:
Ankit
Singh
Data
Bridge Market Research
Tel:
+1-888-387-2818