Global Wearable Computing Market Research 2018: Penetration Of Smart Clothing & Rising Adoption Of Wearables In Multiple Application Areas

DUBLIN, March 20, 2018 /PRNewswire/ --

The "Global Wearable Computing Market Research Report,Insights, Opportunity, Analysis, Market Shares And Forecast 2017 - 2023" report has been added to ResearchAndMarkets.com's offering

The global wearable computing market is anticipated to grow with a CAGR of 21% in the forecasted period 2016-2023

The adoption of wristbands and smart watches in consumer market, increasing focus towards networking, communication and recognition technologies, increasing adoptability of internet of things and increasing adoptability of wearable medical and health devices are some of the key drivers for the growth of the market.

Moreover, high price range of eye and body wear and data privacy concern are some of the major challenges which hinders the growth of global wearable computing market. On the basis of geography, global wearable computing market is diversified into North America, Europe, Asia Pacific and rest of the world.

North America wearable computing market holds the largest market share in 2016. The United State and Canada are the major countries of the North America which helps to drive the wearable computing market. North America region is expanding due to rising adoption of wearable computing technology. Further, Asia Pacific wearable computing market is anticipated to grow with highest CAGR in the forecast period 2016-2023. China, India, Japan are some of the major countries which drive the Asia Pacific wearable computing market.

Further, global wearable computing market is segmented into technology and application. On the basis of technology, the global wearable computing market is diversified into computing technology, display technology, networking technology and many more. On the basis of application, the global wearable computing market is diversified into healthcare and medical, fitness and wellness, infotainment, enterprise & industrial and other applications.

Adidas AG (Germany), Apple Inc. (U.S.), Boston Scientific Corporation (U.S.), Fitbit Inc (U.S.)., Garmin, Ltd. (U.S.), Jawbone (U.S.), LG Electronics, Inc. (South Korea), Intel Corporation (U.S.), are some of the major companies of the global wearable computing market.

Market Dynamics

Market Drivers

• Rising Adoption Of Smartwatches And Wristbands
• Growing Focus Towards Networking, Communication And Recognition Technologies For Wearables
• Growing Popularity Of Wearable Health And Medical Devices
• Rising Adoption Of Internet Of Things

Market Restraints

• High Initial Price Range Of Body And Eye Wear
• High Power Consumption And Limited Battery Life

Market Opportunities

• Penetration Of Smart Clothing
• Rising Adoption Of Wearables In Multiple Application Areas

Market Challenges

• Technical Issues
• Device Protection And Thermal Consideration

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographic Analysis

7. Company Profiles

• Adidas Ag (Germany)
• Apple Inc (Us)
• Boston Scientific Corporation (U.S)
• Fitbit Inc (U.S)
• Garmin, Ltd (Switzerland)
• Huawei Technologies Co, Ltd (China)
• Intel Corporation (U.S)
• Jawbone (U.S)
• Lg Electronics, Inc (South Korea)
• Motorola Mobility Holdings Inc (U.S)
• Nike, Inc (U.S)
• Pebble Technology Corporation (U.S)
• Samsung Electronics Co, Ltd (South Korea)
• Sony Corporation (Japan)
• Zephyr Technology Corporation (U.S)

For more information about this report visit https://www.researchandmarkets.com/research/vmb6jb/global_wearable?w=5

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SOURCE Research and Markets