Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Wearable Technology Market worth $56.8 billion by 2025 with a growing CAGR of 11.28%

 



(IT-NEWSWIRE.COM, July 06, 2019 ) The report "Wearable Technology Market by Product (Wristwear, Headwear/Eyewear, Footwear, Neckwear, Bodywear), Type (Smart Textile, Non-Textile), Application (Consumer Electronics, Healthcare, Enterprise & Industrial), and Geography - Global Forecast to 2025", is expected to reach USD 56.8 billion by 2025, at a CAGR of 11.28% between 2016 to 2025. The driving factors for the growth of this market include consumer preference for sophisticated gadgets, increasing popularity of smartwatches and wristbands in consumer market, increasing growth prospects of next generation displays and integrated consumer wearables, increasing popularity of wearable fitness and medical devices and growing popularity of internet of things and connected devices.



Don’t miss out on business opportunities in Wearable Technology Market. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=983



In 2016 consumer electronics was the biggest segment in terms of market size:



The growth of wearable technology in consumer electronics sector is mainly attributed to the rising consumer demands coupled with the proliferation and suitability of the enhanced communication protocol and miniaturization of sensor technology. Sensors and wearable devices can be integrated into various accessories such as garments, hats, wristbands, socks, shoes, eyeglasses, and other devices such as wristwatches, headphones, and smartphones because of their compact size and advanced integration technologies. Additionally, wearable electronic devices find compelling applications in fitness and sports. From smart wrist watches that record heart rates to intelligent bands that track physical activities, wearable technology in the form of fitness monitoring devices attract increasing attention from health-conscious consumers.



Wrist wear market segment is expected to dominate wearable market during the forecast period :



Wrist wearable products are likely to explode in popularity in the coming years. The market is abuzz with the talk of smart watches expected to be launched by leading players. Many leading companies have already launched smart watches and wristbands. It is expected that with major companies foraying into the market such as Apple and Samsung, the look and feel for wearables would increase immensely. These devices won’t be just a computing device but a style statement. And it is no surprise that sports apparel and fitness brands such as Nike and Adidas are also launching smart wrist wear that not only monitors health parameters but also magnifies the aesthetics sense of users.



Browse and in-depth TOC on "Wearable Technology Market"



70 - Tables

77 - Figures

199 - Pages



View more detailed TOC @

https://www.marketsandmarkets.com/Market-Reports/wearable-electronics-market-983.html



Americas market is expected to grow at a highest CAGR during forecast period



The Americas comprises the largest market share in wearable technology due to several factors. One of the most important factors is technological innovations and advancements, which led to the introduction of new products. The increasing demands from consumers and medical application have also led to the growth of wearable technology in the Americas. Other factors promoting the growth of the market are increasing incidences of chronic diseases, diabetes patients, and ease of use.



Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=983



Major players in the wearable technoloyg market are Fitbit (U.S.), Apple, Inc. (U.S.), Xiaomi Technology Co., Ltd. (China), Garmin, Ltd. (U.S.), Samsung Electronics Co. Ltd. (South Korea), Alphabet (U.S.), LG Electronics (South Korea), Qualcomm Technologies (U.S.), Sony Corporation (Japan), Adidas Group (Germany), Jawbone, Inc. (U.S.), Misfit, Inc. (U.S.), Guangdong BBK Electronics Co., Ltd (China) and Lifesense Group B.V. (Netherlands).



Browse Adjacent Markets @ Semiconductor and Electronics Market Research Reports & Consulting



About MarketsandMarkets™



MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Website: http://www.marketsandmarkets.com/

MarketsandMarkets™

Mr. Shelly Singh

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks


Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.
    WebSiteBuilder.GroupWeb.Com

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on GroupWeb.com.

    Emailwire.com/contact.php

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    GroupWeb.com - a Technology News and Resource of GroupWeb Media LLC