Wearable Technology Market (Wristwear, Eyewear, Footwear, Neckwear, Bodywear) to Grow at 17.8% CAGR to 2020

Press Release   •   Dec 18, 2015 14:53 EST

“Consumer preference for sophisticated gadgets is driving the wearable technology market”

The report segments the wearable technology market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities. This report will help them to better understand the competitor and gain more insights to better their position in the business. Complete report on wearable technology market spread across 201 pages, profiling 13 companies and supported with 73 tables and 69 figures is now available at http://www.rnrmarketresearch.com/wearable-electronics-market-and-technology-analysis-2013-2018-by-components-sensors-battery-display-networking-applications-consumer-healthcare-enterprise-products-smart-text-market-report.html .

“Market for the Enterprise and industrial application is expected to grow at the highest rate during the forecast period”

Enterprise and industrial wearable devices include compact, mobile, and wireless computing systems that can be worn on a body and also various image scanners that find applications in enterprise and industrial processes. The wearable computer, in the form of wrist wear and finger wear, is an enabling device in the logistics, packaging, and warehouse applications where it is employed to increase workers’ productivity. Wearable devices are either worn as a ring or around the wrist to give a hands-free functionality for improving operational efficiency in warehouses, logistics, packaging, and distribution centers or retail stores. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

Breakup of profile of primary participants is given below:

By Company Type: Tier 1 – 35%, Tier 2 – 40% and Tier 3 – 25%

By Designation: C-level – 35%, Director level – 25%, Others – 40%

By Region: Americas – 43%, Europe – 19%, APAC – 29%, RoW – 9%

The major players in wearable technology market include Adidas AG (Germany), Apple, Inc. (U.S.), Fitbit, Inc. (U.S.), Garmin, Ltd. (Switzerland), Google, Inc. (U.S.), Jawbone, Inc. (U.S.), LG Electronics Inc. (South Korea), Nike, Inc. (U.S.), Pebble Technology Corp. (U.S.), Qualcomm, Inc. (U.S.), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan) and Xiaomi Technology Co., Ltd. (China). Priced at $4650 for a single user PDF, Inquire Before Buying on “Wearable Technology Market by Product (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, and Others), Application (Consumer Electronics, Healthcare, Enterprise & Industrial, and Others), Type (Smart Textile, Non-Textile), & Geography - Global Forecast to 2020” research report can be requested at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=94789 .

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