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Wearable Sensors Market by Type, Application, Vertical, and Geography - Global Forecast to 2022

Wearable Sensors Market: Global Forecast until 2022

  • January 2017
  • 210 pages
  • ID: 4604335
In this report:
The wearable sensors market, segmented on type, was ##.## million units in 2015 and is expected to rise to ##,##.## million units at a CAGR of ##.##% between 2016 and 2022.
The wearable sensors market was valued at USD ##.## million in 2015 and is expected to grow to ##,##.## USD million at a CAGR of ##.##% between 2016 and 2022.

Summary

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"The wearable sensors market intended to grow at a CAGR (Compound annual growth rate) of ~30.1 percent between 2016 and 2022"

The global wearable sensors market was estimated at $189.40M in 2015 and is forecasted to reach $1654.00M by 2022, increasing at a compound annual growth rate (CAGR) of ~30.1 percent between 2016 and 2022. The increase of this market is influenced by the growing advancement toward smaller, smarter, and cheaper sensors, miniaturization trend in sensors, and mounting benefits of wearable devices in the healthcare market.

"Wristwear application forecasted to hold the biggest size of the market during the estimate period"

Some of the main devices that are considered under the wristwear application are wristwear bands and bracelets. For wristwear application, healthcare vertical is one of the main markets as a result of applications including fitness monitoring and GPS tracking among others. In the consumer goods vertical, smartphones and tablets are among the main devices that support the smooth functioning of wristwear devices for navigation and position detection applications. Also, wristwear devices are widely used by sports, healthcare, and fitness enthusiasts. Therefore, the sector for wristwear is anticipated to witness rise between 2016 and 2022.

"Wearable sensors market in North America (NA) forecasted to grow at the maximal rate during the outlook period"

North America continent is anticipated to be the quickest developing market. The North America (NA) sector is broken down into the U.S., Canada (CA), and Mexico (MX). North America (NA) is a main market for several sectors including consumer electronics, automobiles, and healthcare. This area has become a overall focal point for big investments and business expansion opportunities. Furthermore, consumer electronics is among the main sectors contributing toward the increase of the North American area.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with top industry experts. The breakup of the profiles of primary members taking part is presented below:

• By Company category: Tier 1-45.0 percent, Tier 2-31.0 percent, and Tier 3-24.0 percent

• By Description: C-Level Executives-34%, Directors-26%, and Others-40%

• By Area: North America-41%, Europe-31%, APAC-18%, and RoW-10%

• Analog Devices, Incorporated

• InvenSense, Incorporated

• mCube, Incorporated

• ams AG

• ARM Holdings Plc..

Segment Research

• In terms of market by category, sensors including magnetometers, accelerometers, gyroscopes, inertial sensors, motion sensors, pressure and force sensors, temperature and humidity sensors, microphones and microspeakers, medical-based sensors, image sensors, touch sensors, and others are covered.

• In terms of market by application, wristwear, eyewear, footwear, neckwear, bodywear, and others are covered.

• In terms of market by vertical, consumer goods, healthcare, industrial, and others are covered.

• The geographic review is done with regard to four main regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe (South America region and Middle East (ME) and African continent).

Reasons to Buy This Report:

From an insight prospect, this market research has emphasized several levels of analysis - industry, market ranking review of top actors, value chain study; company descriptions which discuss the basic overviews on the competitive landscape, coming out and high-growth segments of the wearable sensors market, high-growth areas, and market dynamics including drivers, market restraints, opportunities, and alternatives.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on wearable sensors provided by the top actors in the global wearable sensors market.

• Product development/innovative products: Detailed insights regarding R&D activities, emerging technologies, and recent product launches in the wearable sensors market.

• Market development: Highlighted information about lucrative emerging markets-the report examines the industries for wearable sensors across localities.

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the global wearable sensors market.

• opposing assessment: In-depth assessment of market ranking review, strategies, products, and manufacturing competences of the key players in the wearable sensors market.

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