Global Wearable Electronics Market 2018-2022

Below are some of the key findings from this wearable electronics market analysis report

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Global wearable electronics industry overview

The growing awareness of wearable devices is driving the global wearable electronics market. The awareness of wearable devices is increasing rapidly because of the proliferation of low-cost smart bands, declining ASP, increasing disposable income and rising internet penetration. Moreover, consumers use wearable electronics to monitor daily fitness and health activities, listen to music, play virtual games, and access social networking websites, which increases its adaptability and drives its market.

Also, the integration of haptic technology in smartwatches is positively impacting the global wearable electronics market. The integration of haptic technology in wearable electronics helps in providing a more engaging and intuitive experience. The demand for wearable electronics integrated with haptic technology is rising rapidly and owing to its advantages is encouraging several end-users to invest in the R&D of it, hence driving the market. The growing awareness of wearable devices coupled with the integration of haptic technology in smartwatches is driving the wearable electronics market growth at a CAGR of more than 23% during the forecast period.

Top wearable electronics companies covered in this market research report

The global wearable electronics market is highly fragmented. The market is in the initial growth phase and the competition is expected to intensify by the end of the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by companies, this wearable electronics industry analysis report will help clients identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading wearable electronics companies, including:

• Apple
• Samsung
• Fitbit
• Xiaomi
• ODG

Wearable electronics market segmentation based on product

• Smart watches
• Smart bands
• HMDs
• Smart clothing
• Smart glasses
• Smart rings

Smartwatches market segment dominated the global wearable electronics market in 2017. The segment’s wearable electronics market share will increase in the coming years and the segment will continue to dominate the market in the coming years.

Wearable electronics market segmentation based on region

• Americas
• APAC
• EMEA

In 2017, the Americas accounted for the largest wearable electronics market share in 2017. The region will offer maximum growth opportunities to wearable electronics manufacturers and continue to contribute to the maximum growth of the wearable electronics market size throughout the forecast period.

Key highlights of the global wearable electronics market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the wearable electronics market during the next five years
• Precise estimation of the global wearable electronics market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the wearable electronics industry across the Americas, APAC, and EMEA
• 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 wearable electronics companies

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