Wearable Electronics Market Share to Witness Steady Rise in the Coming Decade-Persistence Market Research

Wearable Electronics are minute electronics devices worn by the consumer which enable wireless networking and mobile computing. The word “wearable technology” refers to any electronic device or product which can be worn by a person to add computing in his action or work and utilize technology to benefit advanced features and characteristics. Wearable electronics may consist of glasses, jewelry, headgear, belts, arm wear, wrist wear, leg wear, footwear, skin patches, and e-textiles.

In recent years, there has been lots of research and development going in the field of wearable electronics attributed to their popularity and wide acceptance in global market.

For detailed insights on enhancing your product footprint, request for a sample here@https://www.persistencemarketresearch.com/samples/3035

The major application market of wearable electronics include,

  • Healthcare and Medical- blood pressure monitors, hearing Aids, continuous glucose monitoring, smart glasses and others
  • Fitness and Wellness- activity monitors, emotional measurement, foot pods and pedometer, head up display, sleep sensors, smart clothing, smart watches, sleep sensors and others
  • Infotainment- head-up display, hand-worm terminals, head-up display, smart clothing, smart glasses and others
  • Military- head-up display, smart clothing, smart glasses and others

North America is the largest market for wearable electronics followed by Europe and Asia Pacific. In the last few years, North America has been witnessing the fastest growth rate; however Asia Pacific region is expected to take over as the fastest growing market in upcoming years.

Some of the major drivers of the industry include increasing demand of consumers towards communication, networking, positioning and recognition technologies in compact and portable forms, developments in material science, augmented reality and chip evolution and low power inter device connectivity (Bluetooth 4.0, infra red and NFC). Some of the key challenges for the industry are thermal consideration, negative effect of radiation on human health, and device protection.

With the growth of sensors, particularly in the health and medical space, the potential uses of wearable computing technologies are quite extensive. Wearable electronics are expected to increase their adoption levels in different sectors such as health and fitness, gaming, fashion, mobile money, education and transportation.

For entire list of market players, request for Table Of Content here@https://www.persistencemarketresearch.com/toc/3035

Rising average life expectancy, baby boomers population and larger proportion of patients requiring long term treatment are some of the key drivers in healthcare and medicine segment whereas demands from professional athletes, recreational fitness consumers, and corporate wellness programs are propelling the market of wearable technology in fitness and wellness sector. The ongoing military up gradation programs around the globe such as, the U.S.’s ‘Future Force Warrior (FFW)’, Australia’s ‘Project Wundurra’, Israel’s ‘Integrated Advanced Soldier (IAS)’, and the U.K.’s ‘Future Infantry Soldier Technology’ are expected to increase the overall market share of wearable electronics market in military and defense.

Some of the key players in the wearable electronics market include Adidas AG, Recon Instruments, Inc., Fibretronic Ltd., Jawbone, Inc., Fitbit, Inc., Nike, Inc. (U.S.), Olympus Corporation, and Weartech s.l, Vuzix Corporation , Google, Inc., Apple, Inc.,By-Wire.Net, Imprint Energy, Inc, Jawbone, Inc., O’neill Wetsuits LIC, Plastic Logic Ltd., Texas Instruments, Inc., Zoog Technologies, Inc., Weartech S.L, Shimmer Research, Inc., Vancive Medical Technologies, Infineon Technologies Ag, Glassup SRL, Eurotech S.P.A, and AT&T, Inc.

Pre-Book Right Now for Exclusive Analyst Support @https://www.persistencemarketresearch.com/checkout/3035

About us:

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

“Strategic assets” form the repository of Persistence Market Research’s industry-specific solutions. This is evident from the range of clients – right from fast-growing startups to Fortune 500 companies looking upon Persistence Market Research as their trusted solution-partner.

Contact us:

Persistence Market Research

305 Broadway, 7th Floor
New York City, NY 10007
United States

Ph.no. +1-646-568-7751

E-mail id- sales@persistencemarketresearch.com

Back to top button