1. Market Research
  2. > Wireless Technology Market Trends
  3. > Connected Wearables – 2nd Edition

Connected Wearables – 2nd Edition

  • December 2015
  • -
  • Berg Insight AB
  • -
  • 160 pages

Connected Wearables is the second consecutive report from Berg Insight analysing the latest developments on the connected wearables market worldwide This strategic research report from Berg Insight provides you with 160 pages of unique business intelligence including 5-year industry forecasts and expert commentary on which to base your business decisions

This report will allow you to:

Understand the key enablers for growth in the connected wearables market Identify key players in the connected wearables ecosystem
Benefit from detailed forecasts for eight different device categories lasting until 2020 Learn about the markets for activity trackers, smartwatches, smart glasses and medical devices
Evaluate the business opportunities in new innovative device categories Predict future market and technology developments

Annual shipments of connected wearables will reach 228 million in 2020

The wearable form factor enables hands-free operation and allows the user to multitask and get immediate access to information It also enables continuous recording of useful data such as body metrics, location and environmental data Berg Insight’s definition of a connected wearable is a device meant to be worn by the user and which incorporates data logging and some sort of wireless connectivity Connected wearables have for long been widely used in professional markets The high smartphone adoption, cloud services, miniaturised hardware, sensor technology and low power wireless connectivity have enabled connected wearables to emerge as a new promising consumer segment as well The number of applications for wearable technology is vast and includes imaging, augmented reality, media playback, navigation, data displaying, authentication, gesture control, monitoring and communication A plethora of device categories such as smartwatches, fitness & activity trackers, smart glasses, people monitoring devices, medical devices and wearable computers target various market segments including infotainment & lifestyle, fitness & wellness, people monitoring & safety, medical & healthcare, enterprise & industrial and government & military

The market for connected wearables has entered a strong growth phase that will last for many years to come Berg Insight estimates that shipments of connected wearables reached 725 million units in 2015 The market is expected to grow at a CAGR of 258 percent to reach shipments of 2283 million by 2020 Fitness & activity trackers is the largest product category and accounts for a majority of today’s shipments Decreasing prices and new form factors will enable fitness & activity trackers to reach shipments of 710 million units in 2020 The smartwatch category has also started to reach significant volumes and is predicted to become the largest device category reaching shipments of 1100 million devices in 2020, up from 195 million units in 2015 Limited availability, high prices and privacy concerns have so far resulted in that sales of smart glasses have been modest Promising use cases in professional markets as well as in niche consumer segments will enable smart glasses to reach shipments of 110 million devices in 2020, up from only 01 million units in 2015 Connected wearables such as cardiac rhythm management devices, ECG monitors and mobile Personal Emergency Response Systems (mPERS) are already common in the medical & healthcare and people monitoring & safety segments Annual shipments of medical devices and people monitoring & safety devices are forecasted to grow to 110 million and 53 million respectively by the end of the forecast period

This report answers the following questions:
Which are the main device categories within connected wearables?
What are the main drivers on this market?
What are the general technology trends for connected wearables?
When will cellular connectivity be a common option in connected wearables?
Which connected wearables offer the best potential for embedded cellular connectivity?
Which are the leading wearables vendors? How will the markets for smart watches and fitness trackers converge?
What new innovative wearables could become successes?



Table Of Contents

Connected Wearables - 2nd Edition
Index
Table of Contents
Table of Contents i
List of Figures vi
Executive summary 1
1 Introduction to wearable technology 3
11 Introduction 3
111 Background 3
112 Definitions 4
12 Market segments 4
121 Infotainment and lifestyle 5
122 Fitness and wellness 6
123 People monitoring and safety 6
124 Medical and healthcare 7
125 Enterprise and industrial 7
126 Government and military 8
13 Technologies and platforms 9
131 Mobile operating systems and platforms 9
132 Battery and processor technologies 10
133 Wireless technologies 12
134 Sensors 15
135 Display technologies and user interface 16
2 Value chain and vendor landscape 19
21 Enabling technologies 19
211 Hardware component vendors 20
212 Mobile operating system vendors 21
22 Devices 22
221 Smartphone and consumer electronics manufacturers 22
222 Apparel and accessories companies 26
223 Specialist vendors 29
23 Connectivity services and IoT platforms 31
231 Wireless operators and managed service providers 31
232 IoT platform providers 33
24 Apps and content 37
241 Software application developers and content providers 37
3 Smartwatches 39
31 The smartwatch market 40
311 Market size and major vendors 40
312 Established smartphone vendors and watch brands enter the market 42
32 Smartwatches and wireless connectivity 45
321 Bluetooth is the most common connectivity option today 45
322 Major players pave the way for cellular connectivity in smartwatches 45
33 Company profiles and strategies 47
331 Samsung: Multi-platform and multi-device strategy 48
332 Pebble: From crowdfunding to mass market success 50
333 Sony: Smartwatch veteran gets new life from Android Wear 51
334 Apple: Enough scale to bet on its own platform 52
335 Shanghai Nutshell Electronic: Focus on China 53
336 LG Electronics: First to release a cellular Android Wear watch 54
4 Smart glasses 55
41 The smart glasses market 56
411 Limited availability and experiments with features and use cases 56
412 Imaging glasses, 3D viewing glasses and wearable VR/AR solutions 59
413 Growth opportunities in the professional market segments 61
42 Smart glasses and wireless connectivity 62
43 Company profiles and strategies 62
431 Recon Instruments: Focus on sports and an active lifestyle 62
432 Vuzix: Wearable display specialist turns to the enterprise segment 63
433 Epson: Aims at both professional and consumer segments 64
434 Google: Glass Explorer Program showcased a plethora of use cases 66
435 Kopin: Provides technology solutions to the smart glasses market 68
5 Connected fitness and activity trackers 69
51 The connected fitness and activity tracking market 69
511 Market size and major vendors 70
512 Fitness and activity tracking bands 71
513 Bluetooth connected sports watches 73
514 Other form factors 74
52 Fitness and activity trackers and wireless connectivity 79
53 Company profiles and strategies 80
531 Jawbone: Wearable pioneer now offers a family of activity trackers 80
532 Fitbit: Activity tracker market leader completes IPO 81
533 Microsoft: Ventures in AR glasses, activity band and cross platform service 82
534 Garmin: GPS sports watch giant grows with connected features 84
535 OMsignal: Clothing with embedded sensors 85
6 People monitoring and safety devices 87
61 Family locator and consumer oriented locator devices 87
611 Child locator devices 88
612 Wearable locator devices for adults 91
62 Lone worker protection and offender monitoring devices 92
621 Lone worker protection devices 92
622 Offender monitoring devices 94
63 Next-generation telecare and mPERS 95
631 Mobile telecare and mPERS devices 96
632 Telecare activity monitoring solutions 99
64 Company profiles and strategies 100
641 Filip Technologies: Developer of the Filip child locator wristwatch 100
642 hereO: Start-up offers the hereO family locator watch and app 101
643 Everon: Developer of GPS wristwatches for telecare and lone workers 101
644 Numerex: Enters people monitoring markets through acquisition of Omnilink 102
645 Limmex: Swiss telecare watch vendor ramping up sales globally 103
646 LOSTnFOUND: Swiss asset tracking vendor entering the telecare market 104
7 Medical devices and miscellaneous 107
71 Medical devices 107
711 The mHealth and home monitoring market 109
712 Regulatory environment 110
713 Wearable medical devices and implants 111
72 Additional connected wearable devices 121
721 Wearable industrial computers 121
722 Military devices 123
723 Authentication and gesture control devices 124
724 Other wearable devices 127
73 Company profiles and strategies 132
731 Medtronic: Connected wearables for ECG monitoring and CRM patients 132
732 Dexcom: Connected continuous glucose monitoring 134
733 Proteus Digital Health: Innovative wireless ingestible sensors and wearables 136
734 Zephyr Performance Systems: Betting on connected wearables 136
735 Withings: Connected health specialist targets consumers and companies 137
736 Zebra Technologies: Wearable computers for the enterprise market 139
8 Market forecasts and trends 141
81 Global market outlook 141
811 Market segments 142
812 Regional market data 143
813 Cellular connections 144
82 Market forecasts - smartwatches 145
821 On the verge to reach mass market adoption 146
822 Connectivity strategies 147
83 Market forecasts - smart glasses 147
831 Opportunities in the professional and niche consumer segments 147
832 Connectivity strategies 148
84 Market forecasts - fitness and activity trackers 149
841 Wrist worn activity trackers will face fierce competition from smartwatches 150
842 High growth in other form factors 151
85 Market forecasts - people monitoring and safety devices 151
851 Wearables will be the most common form factor in family locators 151
852 Great potential in next-generation telecare and mPERS 152
853 Modest growth in offender monitoring and lone worker devices 154
86 Market forecasts - medical devices 155
861 Cardiac Rhythm Management is the largest connected device category 156
862 Connectivity strategies 156
87 Market forecasts - other connected wearables 157
88 Market trends and drivers 158
881 Wearables are at the intersection of fashion and technology 158
882 The myriad of use cases is wearables' killer app 159
883 Long-term engagement: bringing it all together 159
884 Connected wearables are part of the IoT revolution 160
885 Wearables raise privacy and security concerns 160
886 New MandA activities anticipated to take place in the wearables industry 161
Glossary 165
Index

List of Figures

Figure 11: Market segments, applications and devices 5
Figure 12: Wireless technologies characteristics 13
Figure 21: The connected wearables value chain 19
Figure 22: Smartphone shipments by OS (World 2014 and Q3-2015) 21
Figure 23: Leading consumer electronics companies by revenue (2014) 23
Figure 24: Smartphone shipments by vendor (World 2014 and Q3-2015) 25
Figure 25: Major apparel and accessories companies (World 2014) 27
Figure 26: Examples of specialist device vendors by segment 30
Figure 27: Top global mobile network operators by subscriber base (Q4-2013) 32
Figure 28: Examples of IoT platform providers 34
Figure 31: Apple Watch, LG Urbane 2 and Samsung Gear S2 40
Figure 32: Smartwatch shipments by vendor (World 2014 and Q3-2015) 41
Figure 33: Examples of introduced smartwatches 44
Figure 34: Examples of smartwatches featuring cellular connectivity (Q3-2015) 46
Figure 35: Connected wearables from Samsung (2013-2015) 49
Figure 36: Connected watches from Sony 52
Figure 41: Smart glasses form factors 57
Figure 42: Examples of announced smart glasses (November 2015) 58
Figure 43: Examples of VR and AR solutions 60
Figure 44: Examples of smart glasses from Epson 65
Figure 51: Wearable fitness device form factors 70
Figure 52: Connected fitness and activity tracker shipments by vendor (Q3-2015) 71
Figure 53: Examples of Bluetooth connected activity wristbands 72
Figure 54: Examples of Bluetooth connected sports watches 74
Figure 55: Wireless connected activity trackers with alternative form factors (A-O) 76
Figure 56: Wireless connected activity trackers with alternative form factors (P-Z) 77
Figure 57: Jawbone fitness and activity trackers 81
Figure 58: Selected connected fitness and activity trackers from Garmin 84
Figure 61: Examples of wearable child locator devices 88
Figure 62: Wearable child locator devices 90
Figure 63: Everfind Safelet, PFO Shield and Cuff bracelet 91
Figure 64: Lone worker protection devices 93
Figure 65: Offender monitoring devices featuring cellular and GPS connectivity 94
Figure 66: Mobile telecare and mPERS devices 97
Figure 67: Connected wearables from LOSTnFOUND and Limmex 98
Figure 68: Connected wearable telecare devices 99
Figure 71: Examples of wearable medical applications 108
Figure 72: Examples of medical devices 112
Figure 73: Cardiac rhythm and ECG monitoring devices 114
Figure 74: Connected glucose and blood pressure monitors 116
Figure 75: MC10 Biostamp and Orpyx SurroSense RX 119
Figure 76: Examples of wearable industrial computers 122
Figure 77: Wearable industrial computers from Zebra Technologies and Kopin 123
Figure 78: Examples of wearable gesture and authentication devices 125
Figure 79: Examples of various wearable devices 128
Figure 710: Various connected wearables 130
Figure 711: Dexcom G5 app and transmitter 135
Figure 712: Connected wearables from Withings 138
Figure 81: Connected wearables shipments by device category (World 2014-2020) 142
Figure 82: Connected wearables shipments by market segment (World 2014-2020) 143
Figure 83: Connected wearables shipments by region (World 2014-2020) 144
Figure 84: Cellular connections by device category (World 2014-2020) 145
Figure 85: Smartwatch shipments by region (World 2014-2020) 146
Figure 86: Smart glasses shipments by region (World 2014-2020) 148
Figure 87: Fitness and activity tracker shipments by region (World 2014-2020) 149
Figure 88: People monitoring and safety device shipments (World 2014-2020) 152
Figure 89: Wearable medical device shipments (World 2014-2020) 155
Figure 810: Other connected wearables shipments (World 2014-2020) 157
Figure 811: Connected wearables - mergers and acquisitions (2014-2015) 162

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers
Wearables Integration in Cars—Use Cases, Impact, OEM Activities, and Future Possibilities

Wearables Integration in Cars—Use Cases, Impact, OEM Activities, and Future Possibilities

  • $ 4950
  • Industry report
  • August 2016
  • by Frost & Sullivan

Opportunity for the Automotive Industry to Find New Ways to Support and Learn from its Customers As wearables technology becomes more ubiquitous, it allows for new avenues of consumer interaction and data ...

IDC FutureScape: Worldwide Wearables and  Augmented Reality/Virtual Reality 2017 Predictions

IDC FutureScape: Worldwide Wearables and Augmented Reality/Virtual Reality 2017 Predictions

  • $ 4500
  • Industry report
  • November 2016
  • by IDC

This IDC study discusses the worldwide wearables and augmented reality/virtual reality 2017 predictions."Wearables and augmented/virtual reality stand to positively affect productivity," said Ramon T. ...

Worldwide Wearables Forecast Update, 2016-2020: CY 4Q16

Worldwide Wearables Forecast Update, 2016-2020: CY 4Q16

  • $ 4500
  • Industry report
  • October 2016
  • by IDC

This IDC study presents an updated five-year forecast for the worldwide wearables market."The worldwide wearables market continues to lay down a strong foundation to build upon while branching out in new ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.