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Wearable Technology/ Devices Market Expected to Reach $40 Billion by 2020

Press Release   •   Nov 07, 2016 06:34 EST

The Research on Wearable Technology market estimates that wearable device shipments will grow at a CAGR of 29% between 2016 and 2020. By 2020, wearable devices will represent a market worth $40 Billion with over 240 Million annual unit shipments.

Browse Wearable Technology Forecasts: 2016 – 2030 Report

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 glasses to even jewelry.

The “Wearable Technology Forecasts: 2016 – 2030” datasheet presents comprehensive forecasts for wearable device shipments and revenue from 2016 till 2030, covering 7 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries. Historical figures are also presented for 2015.

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Table of Contents

Forecast Segmentation

Market forecasts on are provided for each of the following submarkets and their subcategories:

Vertical Submarkets
- Consumer
- Healthcare
- Professional Sports
- Retail & Hospitality
- Military
- Public Safety
- Others

Form Factor Submarkets
- Smart Bands
- Smart Watches
- Smart Glasses
- Smart Clothing
- Smart Jewelry
- Heads-up Displays
- Others


Regional Markets
- Asia Pacific
- Eastern Europe
- Latin & Central America
- Middle East & Africa
- North America
- Western Europe

Country 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
- Paraguay
- Peru
And More.

Click To Get Copy of Wearable Technology Forecasts: 2016 – 2030

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