About wearable electronics
Wearable electronics refers to electronics embedded in wearables, such as accessories and clothing. Wearable electronics are equipped with miniaturized devices such as microchips and sensors, which provide them the capability to compute like cell phones and laptops. The electronic devices embedded in wearables collet data and track activities, allowing wearers access to information in real time. Wearable devices such as Google glasses, smart bands, smart watches, and smart clothing monitor real-time fitness, heart rate, sleep statistics, calories, and provide valuable insights on health. One of the important aspects of wearable technology is the ability to provide its users hands-free access to electronics and computers. Some wearable devices, such as smartwatches, have the capability to call, send and receive text messages, and receive notifications.
Technavio's analysts forecast the global wearable electronics market to grow at a CAGR of 79.99% in terms of unit shipment over the period 2014-2019.
Covered in this report
The report covers the current scenario and growth prospects of the global wearable electronics market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of various wearable electronic devices, including:
• Helmet mounted displays
• Smart bands
• Smart clothing
• Smart glasses
• Smart watches
Technavio's report, Global Wearable Electronics Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the global wearable electronics market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Key regions
• Americas
• APAC
• EMEA
Key vendors
• Adidas (Numetrex)
• Apple
• BAE Systems
• Carré Technologies
• Fitbit
• Garmin
• Google
• Jawbone
• Kopin
• LG Electronics
• Nike
• Ohmatex
• OMSignal
• Recon Instruments
• Rockwell Collins
• Samsung Electronics
• Seiko Epson
• Sony
• Vuzix
Market driver
• Compatibility with various devices
• For a full, detailed list, view our report
Market challenge
• Unattractive design
• For a full, detailed list, view our report
Market trend
• Strategic alliance between telecom operators and providers of smart wearables
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Global Wearable Electronics Market 2015-2019
Table of Contents not available.
Research Methodology
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.
INFORMATION 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
DATA 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
REPORT 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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The market is expected to grow at a CAGR of %.
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The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.