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Global Smart Necklace Market 2019-2023

  • Published: Jan 2019
  • Pages: 108
  • SKU: IRTNTR30706
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The smart necklace market size will grow by USD 128.05 thousand during 2019-2023. This report offers an analysis of the market based on technology (Bluetooth and NFC). The smart necklace market research report further presents in-depth insights into the growth prospects of the market across North America, Europe, APAC, South America, and MEA. The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Bellabeat, Huami, Misfit, Ninestar, and Totwoo.

Below are some of the key findings from this smart necklace market analysis report

Smart Necklace Market

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Global smart necklace market overview

The growth of the geriatric population that increases the demand for advanced healthcare devices is one of the critical factors that will drive global smart necklace market growth. The growing prevalence of health disorders such as Alzheimer’s disease and dementia is inducing the geriatric population to prefer the adoption of smart healthcare wearables. This has increased the demand for smart wearables including smart necklaces as it serves as a GPS tracking device. Furthermore, smart necklaces can also be used to trigger alarms and send signals to pre-identified phone numbers in case of emergencies. With the high prevalence of geriatric population, the demand for smart necklaces will subsequently increase.

Moreover, technological advancements that enable the integration of several new features in smart wearables will also drive the adoption of smart necklaces in the coming years. In addition to the standard features such as fitness tracker and message notifications, these smart devices can also include features including hydration reminders, message storage, and smart cameras. Such technological advancements coupled with the rising demand from the geriatric population will accelerate global smart necklace market growth at a CAGR of almost 2% during the forecast period.

Top smart necklace companies covered in this market research report

The smart necklace market is highly concentrated with the companies focusing on technological advancements in smart wearables. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this smart necklace industry analysis report will help smart necklace manufacturers assess the market’s growth potential and design innovative strategies to strengthen their position in this market.

The report offers a complete analysis of several smart necklace manufacturers including:

  • Bellabeat 
  • Huami 
  • Misfit 
  • Ninestar
  • Totwoo 

Smart necklace market segmentation based on geographic regions

  • APAC
  • Europe
  • MEA
  • North America
  • South America

North America will account for the largest smart necklace market share during the forecast period. The region has the largest retail and e-commerce market where several smart necklaces manufacturers offer their products. This is a major factor driving the global smart necklace market growth in this region.

Smart necklace market segmentation based on technology

  • Bluetooth
  • NFC

The Bluetooth segment will account for the largest share of the smart necklace market during the forecast period. Advantages such as an extended signal connection range for data transfers and the development of Bluetooth low energy technology that consumes less power than NFC will drive the adoption of Bluetooth-based smart necklaces in the coming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the smart necklace market size.

Key highlights of the global smart necklace market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the smart necklace market during the next five years
  • Precise estimation of the global smart necklace market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart necklace industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of smart necklace companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • Bluetooth - Market size and forecast 2018-2023
  • NFC - Market size and forecast 2018-2023
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: MARKET TRENDS

  • Increasing product launches
  • Increasing crime rates increases the demand for women safety devices
  • Technical advances

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bellabeat 
  • Huami 
  • Misfit 
  • Ninestar
  • Totwoo 

PART 13: APPENDIX

  • Research methodology
  • List of abbreviations


 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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