Global Wearable Technology Market Analysis & Trends - Industry Forecast to 2025

The Global Wearable Technology Market is poised to grow strong during the forecast period 2017 to 2025. Some of the prominent trends that the market is witnessing include increasing adoption of new technologies, recent advancements in wearable technologies, and growing youth population in Asia Pacific region.

Based on product, the market is categorized into bodywear, head-worn devices, eyewear, neckwear, footwear, wristwear, and other wearable products. Furthermore, Bodywear segment is divided into inner wear, fashion & apparel, and armwear & legwear. Head-Worn devices are classified into fit guards, head bands, smart caps, and smart headsets. Eyewear is divided into smart glasses and goggles, and contact lenses and other. Neckwear is segmented into ties and collars, and fashion and jewellery. Footwear is segregated into special-purpose footwear, and casual footwear. Wristwear is classified into wristbands, and smartwatches. Other wearable products are includes ring scanners, internables/implantables, and bodyworn cameras.

By technology, the market is segmented by computing technology, display technology, energy harvesting technologies, networking technology, lowed powered wireless soc technologies, ergonomics & materials science technologies, speech recognition technologies, sensor technology, and positioning technology.

Depending on the wearable smart textile, the market is classified into smart textile type, and smart textile function. Further, smart textile type is segmented into ultra-smart textiles, passive smart textiles, and active smart textiles. smart textile function is categorized into energy harvesting, luminescence & aesthetics, sensing, thermoelectricity, and other functions. 

On basis of component the market is segmented by power supply components, positioning and networking components, sensing components, control components, display and optoelectronic components, memory components, interface components, and other components.

Based on software and services the market is categorized into services, and software. Further, services segment is divided into cloud & data analytics, and other services. Software segment is classified into applications, operating system (OS), and security solutions. 

By Application the market is segmented by enterprise & industrial application, healthcare, consumer electronics, and other applications. Further, enterprise & industrial application is divided into logistics, packaging, & warehouse, and other industrial applications. Healthcare segment is segregated into clinical applications, and nonclinical applications. Consumer Electronics is segmented into fitness & sports, garments & fashion, infotainment & multimedia, and multifunction.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis. 

Regional Analysis:

North America

- US

- Canada

- Mexico

Europe

- France

- Germany

- Italy

- Spain

- UK

- Rest of Europe

Asia Pacific

- China

- Japan

- India

- Australia

- New Zealand

- Rest of Asia Pacific

Middle East

- Saudi Arabia  

- UAE   

- Rest of Middle East 

Latin America

- Argentina  

- Brazil   

- Rest of Latin America 

Rest of the World

- South Africa

- Others

- The report provides a detailed analysis on current and future market trends to identify the investment opportunities

- Market forecasts till 2025, using estimated market values as the base numbers

- Key market trends across the business segments, Regions and Countries

- Key developments and strategies observed in the market

- Market Dynamics such as Drivers, Restraints, Opportunities and other trends 

- In-depth company profiles of key players and upcoming prominent players

- Growth prospects among the emerging nations through 2025

- Market opportunities and recommendations for new investments