Press Release
Global Wearable Technology Market is Estimated to Reach $58.3 Billion by 2024, Says Variant Market Research
 Published Date:  Oct 2017  Publish By: Variant Market Research

Global Wearable Technology Market Report, published by Variant Market Research, forecast that the global market is expected to reach $58.3 Billion by 2024 from $18 Billion in 2016, growing at a CAGR of 15.8% from 2016 to 2024. By geography, North America and Europe are expected to grow at a CAGR of 16.2% and 15.7%, respectively, during the forecast period.

"Wearable Technology Market (By Applications: Healthcare and Medical, Infotainment, Industrial and Military, And Fitness and Wellness; By Geography: North America, Europe, Asia-Pacific and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 – 2024"

To browse the complete report, visit at https://www.variantmarketresearch.com/report-categories/consumer-electronics/wearable-technology-market

Some of the drivers of global wearable technology market are increasing demand for connected devices, launch of advanced devices by major manufacturers, rising per capita income, rising health awareness, and others. Though, high costs of these devices may hinder the market growth. Besides, growing applications and rising demand for multi-featured application of smartphones could offer market opportunities in years to come.

Application and geography are the major bifurcations of the global wearable technology market. Application segment includes healthcare and medical (monitors, wearable patches, drug delivery, continuous glucose monitor, and others), infotainment (smart glasses, smart watches, augmented reality headsets, and others), industrial and military (hand worn terminals, augmented reality headsets, and others), and fitness and wellness (activity monitors, smart clothing and smart sports glasses, sleep sensors, and others). Healthcare and medical shall dominate the segment with largest market share, followed by infotainment.

By geography, the wearable technology market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America dominates the global market with largest market share of 42%, and is expected to continue its dominance with fastest growth rate during the forecast period, driven by increasing innovations and technologies, and increasing demand and awareness towards fitness. Europe accounted the second largest share in the market with 29.2% in 2016.

Major players competing in this market include Huawei Technologies Co., Ltd., Adidas AG, Fitbit, Inc., Apple Inc., Sony Corporation, Alphabet, Inc., Garmin Ltd., Qualcomm Technologies, Inc., Xiaomi Technology Co. Ltd., and LifeSense Group B.V., among others.

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Chapter 1 Prefix
    1.1 Market Scope
    1.2 Report Description
    1.3 Research Methodology
          1.3.1 Primary Research
          1.3.2 Secondary Research
          1.3.3 In-house Data Modeling
Chapter 2 Executive Summary
Chapter 3 Market Outline
    3.1 Market Inclination, Trend, Outlook and Viewpoint
    3.2 Market Share Analysis: Company’s Competitive Scenario
    3.3 Market Dynamics
          3.3.1 Drivers
                   3.3.1.1 Impact Analysis
          3.3.2 Restraints
                   3.3.2.1 Impact Analysis
          3.3.3 Opportunities
Chapter 4 Global Wearable Technology Market by Application: Market Size and Forecast, 2015 – 2024
    4.1 Overview
    4.2 Healthcare and Medical
          4.2.1 Current Trend and Analysis
          4.2.2 Market Size and Forecast
          4.2.3 Monitors
                   4.2.3.1 Market Size and Forecast
          4.2.4 Wearable Patches
                   4.2.4.1 Market Size and Forecast
          4.2.5 Drug Delivery
                   4.2.5.1 Market Size and Forecast
          4.2.6 Continuous Glucose Monitor
                   4.2.6.1 Market Size and Forecast
          4.2.7 Other Healthcare and Medical Applications
                   4.2.7.1 Market Size and Forecast
    4.3 Infotainment
          4.3.1 Current Trend and Analysis
          4.3.2 Market Size and Forecast
          4.3.3 Smart Glasses
                   4.3.3.1 Market Size and Forecast
          4.3.4 Smart Watches
                   4.3.4.1 Market Size and Forecast
          4.3.5 Augmented Reality Headsets
                   4.3.5.1 Market Size and Forecast
          4.3.6 Other Infotainment Applications
                   4.3.6.1 Market Size and Forecast
    4.4 Industrial and Military
          4.4.1 Current Trend and Analysis
          4.4.2 Market Size and Forecast
          4.4.3 Hand Worn Terminals
                   4.4.3.1 Market Size and Forecast
          4.4.4 Augmented Reality Headsets
                   4.4.4.1 Market Size and Forecast
          4.4.5 Other Industrial and Military Applications
                   4.4.5.1 Market Size and Forecast
          4.4.6 Hand Worn Terminals
                   4.4.6.1 Market Size and Forecast
    4.5 Fitness and Wellness
          4.5.1 Current Trend and Analysis
          4.5.2 Market Size and Forecast
          4.5.3 Activity Monitors
                   4.5.3.1 Market Size and Forecast
          4.5.4 Smart Clothing and Smart Sports Glasses
                   4.5.4.1 Market Size and Forecast
          4.5.5 Sleep Sensors
                   4.5.5.1 Market Size and Forecast
          4.5.6 Other Fitness and Wellness Applications
                   4.5.6.1 Market Size and Forecast
Chapter 5 Global Wearable Technology Market by Geography: Market Size and Forecast, 2015 – 2024
    5.1 Overview
    5.2 North America
          5.2.1 Current Trend and Analysis
          5.2.2 Market Size and Forecast
          5.2.3 US
                   5.2.3.1 Market Size and Forecast
          5.2.4 Canada
                   5.2.4.1 Market Size and Forecast
          5.2.5 Mexico
                   5.2.5.1 Market Size and Forecast
    5.3 Europe
          5.3.1 Current Trend and Analysis
          5.3.2 Market Size and Forecast
          5.3.3 Germany
                   5.3.3.1 Market Size and Forecast
          5.3.4 France
                   5.3.4.1 Market Size and Forecast
          5.3.5 UK
                   5.3.5.1 Market Size and Forecast
          5.3.6 Italy
                   5.3.6.1 Market Size and Forecast
          5.3.7 Others
                   5.3.7.1 Market Size and Forecast
    5.4 Asia-Pacific
          5.4.1 Current Trend and Analysis
          5.4.2 Market Size and Forecast
          5.4.3 China
                   5.4.3.1 Market Size and Forecast
          5.4.4 India
                   5.4.4.1 Market Size and Forecast
          5.4.5 Japan
                   5.4.5.1 Market Size and Forecast
          5.4.6 South Korea
                   5.4.6.1 Market Size and Forecast
          5.4.7 Others
                   5.4.7.1 Market Size and Forecast
    5.5 RoW
          5.5.1 Current Trend and Analysis
          5.5.2 Market Size and Forecast
          5.5.3 Middle East
                   5.5.3.1 Market Size and Forecast
          5.5.4 South America
                   5.5.4.1 Market Size and Forecast
          5.5.5 Africa
                   5.5.5.1 Market Size and Forecast
Chapter 6 Company Profiles
    6.1 Huawei Technologies Co., Ltd.
    6.2 Adidas AG
    6.3 Fitbit, Inc.
    6.4 Apple Inc.
    6.5 Sony Corporation
    6.6 Alphabet, Inc.
    6.7 Garmin Ltd.
    6.8 Qualcomm Technologies, Inc.
    6.9 Xiaomi Technology Co. Ltd.
    6.10 LifeSense Group B.V.

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