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The future of the wearable technology market looks promising with opportunities in the consumer electronics, healthcare, industrial application, aviation, marine, and military & defense markets. The global wearable technology market is expected to grow with a CAGR of 15% to 17% from 2021 to 2026. The major drivers for this market are ease of use and growing popularity of internet of things (IoT) and connected devices.
 
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of wearable technology market report download the report brochure.

 
 
 

The study includes trends and forecasts for the global wearable technology market by type, product, technology, component, software & services, application and region as follows:

By Type [$M shipment analysis for 2015 – 2026]:
  • Wearable Smart Textiles
  • Wearable Products and Devices (Non-Textiles)

By Product [$M shipment analysis for 2015 – 2026]:
  • Wristwear
  • Headwear and Eyewear
  • Footwear
  • Neckwear
  • Bodywear
  • Others 

By Technology [$M shipment analysis for 2015 – 2026]:
  • Computing Technology
  • Display Technology
  • Networking Technology
  • Positioning Technology
  • Sensor Technology

By Component [$M shipment analysis for 2015 – 2026]:
  • Power Supply Components
  • Positioning and Networking Components
  • Sensing Components
  • Control Components
  • Display and Optoelectronic Components
  • Memory Components
  • Interface Components

By Software and Services [$M shipment analysis for 2015 – 2026]:
  • Software
    • Apps (Applications)
  • Services

By Application [$M shipment analysis for 2015 – 2026]:
  • Consumer Electronics
  • Healthcare
  • Industrial Applications
  • Aviation
  • Marine
  • Military & Defense
  • Others

By Region [$M shipment analysis for 2015 – 2026]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World

Headwear and eyewear will remain the largest product segment due to growth in the entertainment, video gaming, and augmented reality & virtual reality markets. 
Consumer electronics will remain the largest application segment during the forecast period due to growth in MEMS sensors and increasing demand for wearable scanners and computing devices in warehouses and logistic operations.

North America will remain the largest region during the forecast period due to high demand for wearable technology products and strong presence of key players in the region.

Some of the wearable technology companies profiled in this report include Fitbit, Apple, Xiaomi Technology, Garmin, Samsung Electronics, Alphabet, LG Electronics,  Qualcomm Technologies, Sony Corporation, Adidas Group, Jawbone, Misfit, Guangdong BBK Electronics and Lifesense Group.


 
Features of Wearable Technology Market
 
  • Market Size Estimates: Wearable technology market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments and regions.
  • Segmentation Analysis: Market size by type, product, technology, component, software & services, and application
  • Regional Analysis: Wearable technology market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different application, type, product, technology, component, software & services, and regions for wearable technology market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the wearable technology market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.



 
This report answers following 11 key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global wearable technology market by type (wearable smart textiles and wearable products and devices (non-textiles)), product (wristwear, headwear & eyewear, footwear, neckwear, bodywear, and other), technology (computing technology, display technology, networking technology, positioning technology, and sensor technology), component  (power supply, positioning & networking, sensing, control, display and optoelectronic, memory, and interface), software and services (software(apps (applications)) and services), application (consumer electronics, healthcare, industrial applications, aviation, marine, military & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the wearable technology market?
Q.5 What are the business risks and threats to the wearable technology market?
Q.6 What are the emerging trends in the wearable technology market and the reasons behind them?
Q.7 What are some changing demands of customers in the wearable technology market?
Q.8 What are the new developments in the wearable technology market? Which companies are leading these developments?
Q.9 Who are the major players in the wearable technology market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the wearable technology market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the wearable technology market?

 

Table of Contents

 
  1. Executive Summary
  2. Market Background and Classifications
    • Introduction, Background, and Classifications
    • Supply Chain
    • Industry Drivers and Challenges
  3. Market Trends and Forecast Analysis from 2015 to 2026
    • Macroeconomic Trends (2015-2020) and Forecast (2021-2026)
    • Global Wearable Technology Market Trends (2015-2020) and Forecast (2021-2026)
    • Global Wearable Technology Market by Application
      • Consumer Electronics
      • Healthcare
      • Industrial Applications
      • Aviation
      • Marine
      • Military & Defense
      • Others
    • Global Wearable Technology Market by Type
      • Wearable Smart Textiles
      • Wearable Products and Devices (Non-Textiles)
    • Global Wearable Technology Market by Product
      • Wristwear
      • Headwear and Eyewear
      • Footwear
      • Neckwear
      • Bodywear
      • Other
    • Global Wearable Technology Market by Technology
      • Computing technology
      • Display Technology
      • Networking technology
      • Positioning Technology
      • Sensor Technology
    • Global Wearable Technology Market by Component
      • Power Supply Components
      • Positioning And Networking Components
      • Sensing Components
      • Control Components
      • Display and Optoelectronic Components
      • Memory Components
      • Interface Components
    • Global Wearable Technology Market by Software and Services
      • Software
        1. Apps (Applications)
      • Services
 
  1. Market Trends and Forecast Analysis by Region from 2015 to 2026
    • Global Wearable Technology Market by Region
    • North American Wearable Technology Market
      • Market by Application
      • Market by Product
      • The US Wearable Technology Market
      • The Canadian Wearable Technology Market
      • The Mexican Wearable Technology Market
    • European Wearable Technology Market
      • Market by Application
      • Market by Product
      • German Wearable Technology Market
      • United Kingdom Wearable Technology Market
      • French Wearable Technology Market
      • Italian Wearable Technology Market
    • APAC Wearable Technology Market
      • Market by Application
      • Market by Product
      • Chinese Wearable Technology Market
      • Japanese Wearable Technology Market
      • Indian Wearable Technology Market
      • South Korean Wearable Technology Market
    • ROW Wearable Technology Market
      • Market by Application
      • Market by Product
  2. Competitor Analysis
    • Product Portfolio Analysis
    • Geographical Reach
    • Porter’s Five Forces Analysis
  3. Growth Opportunities and Strategic Analysis
    • Growth Opportunity Analysis
      • Growth Opportunities for the Global Wearable Technology Market by Application
      • Growth Opportunities for the Global Wearable Technology Market by Type
      • Growth Opportunities for the Global Wearable Technology Market by Product
      • Growth Opportunities for the Global Wearable Technology Market by Technology
      • Growth Opportunities for the Global Wearable Technology Market by Component
      • Growth Opportunities for the Global Wearable Technology Market by Software & Services
      • Growth Opportunities for the Global Wearable Technology Market by Region
    • Emerging Trends in the Global Wearable Technology Market
    • Strategic Analysis
      • New Product Development
      • Capacity Expansion of the Global Wearable Technology Market
      • Technology Development
      • Mergers and Acquisitions in the Global Wearable Technology Industry
  4. Company Profiles of Leading Players
    • Fitbit
    • Apple
    • Xiaomi Technology
    • Garmin
    • Samsung Electronics
    • Alphabet
    • LG Electronics
    • Qualcomm Technologies
    • Sony Corporation
  • Adidas Group
  • Jawbone
  • Misfit
  • Guangdong BBK Electronics
  • Lifesense Group

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150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Below is a brief summary of the primary interviews that were conducted by job function for this report.