Global Wearable Sensors Market Trends and 2021 Forecast


Posted March 23, 2017 by rahulpise

Wearable Sensors Market, by Type (Image Sensors, Motion Sensors), by Application (Smart Wrist wear, Smart Glasses), by End Users (Consumer Applications, Healthcare Applications) - Global Forecast 2016 to 2021
 
Study Objectives of Wearable Sensors
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Wearable Sensors market
- To provide insights about factors affecting the market growth
- To Analyze the Wearable Sensors market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by Type, Applications, End Users and its sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Wearable Sensors market

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Market Synopsis of Wearable Sensors
Market Scenario
Wearable sensors market is expected to witness rapid development and mainstream acceptance in smart textiles. Smart textiles have sensors embedded in fabric, and sports industry is the earliest adopter of e-textiles. With increasing population and awareness towards health, people have started adopting wearable sensors for physiological monitoring, remote patient monitoring and personal healthcare facilities.
The market for global wearable sensors is expected to reach up to $XX million by the end of the forecasted period and is expected to grow at a CAGR of ~40-42%.
The major factors contributing to the market growth are; Rise in Wearable Sensors for Infants, Rise in Home and Remote Patient Monitoring, Rapid Innovations in Sensor Technology, Impact Analysis of Drivers on Market Forecast
Key Findings
- Global wearable sensors market is driven by the rise in home and remote patient monitoring, and technical advancement such as integration of sensors and sensors innovations towards miniaturization.
- Wearable sensors market is expected to witness significant growth in smart glasses application during the forecast period, influenced largely by the launch of Apple Smart Watch in 2015.
- Asia-Pacific is expected to dominate wearable sensors market surpassing the revenues of North America during the forecast period.
Segments
The market for Global Wearable Sensors is segmented in mainly three parts i.e. by type, by application, by end users and its various sub-segments; Segmentation by type include Motion Sensors, Medical Based Sensors, Image Sensors, Position Sensors, Pressure Sensors, Inertial Sensors and Other Sensors. Whereas by application include Smart Wristwear, Smart Glasses, Smart Bodywears, Smart Footwear and Other Wearable Devices. Furthermore by end user include Consumer Applications, Healthcare Applications and Enterprise and Industrial Applications.
Regional Analysis of Wearable Sensors
North America dominated the Global Wearable Sensors market with the largest market share, accounting for $XX million and is expected to grow over $XX billion by 2027. Asia-Pacific is expected to surpass North America in 2015 to become the largest market for Wearable Sensors and expected to grow at CAGR of XX% from $ XX million in 2016 to $XX million by 2027. The European market for Wearable Sensors is expected to grow at XX% GAGR (2016-2027).
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The report for Wearable Sensors of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Issued By RAHUL PISE
Country India
Categories Business , Research , Technology
Tags wearable sensors market , wearable sensors market analysis , wearable sensors market growth
Last Updated March 23, 2017