FMI study offers a 5-year
forecast for the global wearable computing devices market between
2015 and 2020. The market is expected to register a strong CAGR of
36.8% during the projected period. The study demonstrates the market
dynamics and trends in all seven regions which influence the current
nature and future status of wearable computing devices and
accessories over the forecast period.
This Future Market Insights
report examines the ‘Wearable Computing Devices market for the
period 2015–2020. The primary objective of the report is to offer
updates on the advancements in ICT and embedded systems that have
given rise to a futuristic technology: the wearable computing, which
is significantly transforming consumer and B2B verticals.
Wearable smart fitness devices
are user-friendly and autonomous in nature. They can be connected to
the internet wirelessly via a third party tool and in most of the
cases particularly IP data bearers such as cellular packed data, WiFi
or Bluetooth is used to connect with internet and other connected
devices. Wearable computing devices classified into smart
accessories, smart textiles and smart fitness devices. Smart
accessories include smart watches and wrist bands offered by Samsung
Electronics Co. Ltd. and Sony Corporatization. Smart textile takes in
smart apparels and clothing & innerwear and it represents next
generation of e-textiles that can be used in various fashion,
technical and furnishing textile applications. While, smart fitness
accessories consist of chest straps, activity trackers and hear
monitors, which facilitate end-users to improve their health by
monitoring and measuring workout intensity.
In the next section, FMI
covers the Wearable Computing Devices market performance in terms of
Global Wearable Computing Devices shipment and revenue split, since
this is detrimental to growth of the Wearable Computing Devices
market. This section additionally includes FMI’s analyses of the
key trends, drivers and restraints from the supply, demand and
economy side, which are influencing the Wearable Computing Devices
market. Impact analysis of key growth drivers and restraints, based
on the weighted average model is included in the Wearable Computing
Devices report to better equip and arm clients with crystal clear
decision-making insights.
The primary focus of the
following sectionis to analyse the Wearable Computing Devices market
by adoption among verticals; the primary verticals covered under the
scope of the report are Wearable Computing Devices uptake among
consumer verticals and Wearable Computing Devices uptake among
Business to Business verticals. A detailed analysis has been provided
for every vertical in terms of market size.
As highlighted earlier,
Wearable Computing Devices is an aggregation of smart accessories
(includes smart watches and smart bands), smart textiles (includes
clothing and innerwear) and smart fitness accessories (activity
trackers & monitors and chest straps). All these sub-segments are
included in this section to make the study more comprehensive.
The next section of the report
highlights Wearable Computing Devices adoption by regions. It
provides a market outlook for 2015–2020 and sets the forecast
within the context of the Wearable Computing Devices ecosystem,
including product category and verticals to build a complete picture
at regional levels. This study discusses the key regional trends
contributing to growth of the Wearable Computing Devices market on a
worldwide basis, as well as analyses the degree at which global
drivers are influencing this market in each region. Key regions
assessed in this report include North America, Latin America, Western
Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan as
a separate region, Middle East and Africa.
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All the above sections, by
product, by vertical or by regions, evaluate the present scenario and
the growth prospects of the Wearable Computing Devices market for the
period 2014 –2020. We have considered 2014 as the base year and
provide data for the trailing 12 months.
About
Us
Future Market Insights is the
premier provider of market intelligence and consulting services,
serving clients in over 150 countries. FMI is headquartered in
London, the global financial capital, and has delivery centres in the
U.S. and India.FMI’s research and consulting services help
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evolving marketplace with confidence and clarity. Our customised and
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drive sustainable growth. We continuously track emerging trends and
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