1. Home
  2. > Electronics
  3. > Consumer Electronics Market Trends
Human Augmentation Market with COVID-19 Impact Analysis by Product Type, Functionality, Application, & Geography - Global Forecast to 2026

Human Augmentation Market with COVID-19 Impact Analysis by Product Type, Functionality, Application, & Geography - Global Forecast to 2026

  • January 2022
  • 311 pages
  • ID: 2682253
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The human augmentation market is estimated to be worth USD 131.7 billion in 2021 and is projected to reach USD 341.2 billion by 2026, at a CAGR of 21.0%. Growing demand for wearable human augmentation devices in healthcare sector, the recent advent of AI-powered wearable devices and rapid technological advancements such as availability of fast processing chipsets, miniaturization of sensors, use of brain-computer interfaces and evolution of nanotechnology are some of the major factors driving the market growth. However, high cost of human augmentation devices and health concerns related to AR and VR technologies are likely to hinder the market growth.

The market for wearable devices to account for the largest share during the forecast period
Wearable devices are expected to account for the largest share of the human augmentation market during the forecast period.The growing use of wearable devices to monitor health and fitness parameters is a major factor contributing to the market growth.

Moreover, the development of miniaturized multifunctional ICs and advanced sensor technologies has facilitated the development of cost-effective wearable devices for various consumers applications. Different types of compact sensors can be integrated into wearable devices such as garments, hats, wristbands, socks, shoes, glasses, and wristwatches for continuous health monitoring.

The market for non-body-worn human augmentation products is estimated to register the highest CAGR between 2021 and 2026 in human augmentation market
Non-body-worn human augmentation products consist of intelligent virtual assistants, VR projectors and display walls, and AR and VR software.These products are expected to register the highest growth during the forecast period.

The growing demand for immersive content for AR and VR devices for gaming and entertainment applications is expected to drive the market growth for AR and VR software, thereby driving the market growth for non-body-worn products.
In recent years, there has been an increased adoption of intelligent virtual assistants such as chatbots to enhance customer support services that lead to customer loyalty, customer retention, increased conversion rate, and reduced shopping cart abandonment.Chatbots provide accurate and personalized information, offer self-service options, provide outbound email notifications, and collect customer insights.

The adoption of chatbots not only improves sales but also reduces operational costs with automated customer support.

Human Augmentation market in the Asia Pacific region is expected to witness a robust growth during 2021-2026

Human augmentation market in Asia Pacific is expected to witness a higher growth compared to the other regions.The presence of technologically advanced manufacturing industries in countries such as Japan and China presents ample growth opportunities for human augmentation products manufacturers.

A massive mobile user base and a huge population in this region are the major factors driving the market growth. The surging demand for smart devices, increasing disposable income, along with easy availability of inexpensive labor, are some of the major factors contributing to the accelerated growth of the human augmentation market in many developing countries in this region, such as India.

The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier 1 – 50 %, Tier 2 – 30%, and Tier 3 –20%
• By Designation: C-level Executives – 35%, Directors– 30% and Others – 35%
• By Region: North America– 40%, Europe – 25%, Asia Pacific – 20%, and Rest of the World – 15%
The major players in the human augmentation market are Samsung Electronics Co., Ltd. (South Korea), Google LLC (US), Ekso Bionics (US), Vuzix Corporation (US), Garmin Ltd. (US), Fossil Group, Inc. (US), B-Temia Inc. (Canada), Casio (Japan), Magic Leap (US), ReWalk Robotics (US), and CYBERDYNE INC. (Japan).

Research Coverage
The report segments the human augmentation market and forecasts its size, by value, based on region, product type, functionality, and application.The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the market growth.

The report also covers qualitative aspects in addition to the quantitative aspects of the market.

Key Benefits of Buying This Report
• This report includes the market statistics pertaining to product type, functionality, application and region
• An in-depth value chain analysis has been done to provide deep insight into the human augmentation market.
• Major market drivers, restraints, opportunities, and challenges have been detailed in this report.
• The report includes an in-depth analysis and ranking of key players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Wearable Technology Market Trends in China

  • $ 3000
  • November 2021
  • 129 pages

This study focuses on China’s Wearable Technology market trends. In the two past decades, the market has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising ...

  • China
  • Wearables
  • Industry analysis
  • Industrial Production
  • Labour Force

ref:plp2022

Reportlinker.com © Copyright 2023. All rights reserved.

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

Make sure you don’t miss any news and follow us on