Welcome!

@ThingsExpo Authors: Yeshim Deniz, Roger Strukhoff, Elizabeth White, Daniel Keeney, Bill Mann

News Feed Item

Wearable Electronics Market to Hit US$8 Billion Value by 2018

DALLAS, August 18, 2014 /PRNewswire/ --

The global wearable electronics market is expected to cross $8 billion in 2018, growing at a healthy CAGR of 17.7% from 2013 to 2018. The total unit shipment is expected to cross 130 million units globally. In terms of products, wrist-wear accounted for the largest market revenue in 2012, with total revenue of the most established wearable electronic products - wrist-watches and wrist-bands combined, crossing $850 million. The potential of the industry can be gauged by the fact that both - the big and established players and small start-ups have up their ante in wearable electronics market.

Wearable Electronics Market  and Technology Analysis (2013 - 2018): By Components (Sensors, Battery, Display, Networking); Applications (Consumer, Healthcare, Enterprise); Products (Smart -Textiles, Glasses, Watches);e-Materials & Geography research report says among application sectors, consumer applications accounted for the largest market share, with revenue crossing $2 billion, as of 2012. However, that of enterprise and industrial application is expected to grow at the highest CAGR (more than 21%), during the forecast period of 2013 to 2018. North America, with U.S. accounting for more than 80% of the market is the single largest revenue base for this global market, and is expected to maintain its dominance during the forecast period as well. However, the market in Asia-Pacific, with China leading the way, is likely to grow at the highest CAGR during the next five years.

The global wearable technology ecosystem's value was estimated to be more than $4 billion as of 2012, and is expected to reach cross $14 billion by 2018, growing at a CAGR more than 18% from 2013 to 2018. The total addressable market (TAM) for wearable technology is estimated to be more than $14 billion, as of 2012, and the current level of penetration for wearable technology was estimated to be roughly 18%. This market penetration rate of wearable technology is expected to accelerate (increasing rate of penetration every year) over the next five years, reaching roughly 46% penetration level in the TAM, by 2018.

The global wearable electronic textiles market is expected to grow faster than that of the overall wearable electronics market, with increasing demand and growing consumer adoption for wearable electronic smart-textiles, along with expected commercialization of more advanced - wearable electronic e-textiles by 2016.

The market of electrical and electronic components for wearable electronic products is also expanding rapidly, as the market value of components amounts to roughly 66% of that of products. With dynamically changing landscape for components in wearable electronics, the global wearable electronic components market is expected to cross $6 billion by 2018, offering huge revenue potential for key electronic component manufacturers focusing on this field.

23 companies profiled in this wearable electronics and technology market research report include Adidas AG, Apple, Inc., AT&T, Inc., By-Wire.Net, Enocean GMBH, Eurotech S.P.A, Epson Corporation, Glassup SRL, Google, Inc., Imprint Energy, Inc., Infineon Technologies AG, Jawbone, Inc., Nike, Inc., Olympus Corporation, O'Neill Wetsuits LIC, Plastic Logic Ltd., Shimmer Research, Inc., Texas Instruments, Inc., TNO Science And Industry Ltd., Vancive Medical Technologies (Avery Dennison Corporation), Vuzix Corporation, Weartech S.L and Zoog Technologies, Inc. For US$4650 (single user PDF), this research can be ordered at http://www.rnrmarketresearch.com/contacts/purchase?rname=94789 . If this US$4650 is not within your budget, request a discount for this report at http://www.rnrmarketresearch.com/contacts/discount?rname=94789 .

The report presents a detailed insight on the current wearable electronic industry, and identifies key trends of various segments of the market with in-depth quantitative and qualitative information. The report segments the global wearable electronics market on the basis of types of components and products, technologies, form-factor, application, and geography. Further, it contains revenue forecasts, and trend analysis with respect to the market's time-line. Following is the detailed explanation of each segment:

Market by Technology - The wearable electronics market by technology discusses products and components technologies that go into a wearable end-product. The technologies discussed include computing technologies, display & touch technologies, networking technologies, positioning technologies, sensing & control technologies, and (voice, speech & image) recognition technologies. Each of the technology segments is analyzed with respect to their applications into wearable electronics, such as Heads-up display (HUD), head mounted display (HMD), and augmented reality are discussed under display technologies and networking technologies discussed comprise of variations of Bluetooth, NFC, ANT+, Wi-Fi, and so on. Similarly, trends in each technology segment are discussed and analyzed for its feasibility in wearable electronics along with impact of these technologies on the market.

The market is further analyzed by material technology for the upcoming product segment - Smart & e-Textiles, in wearable electronics. Smart & e-textile markets based on various types of materials are further segmented by material types, material properties, and embedded functions in materials.

Market by Components and Products - The wearable electronics component market is analyzed as a whole, and is also segmented into market for power supply components, positioning and networking components, sensing components, control components, display components, memory, and interface components among others - for wearable electronics. Wearable electronics market by products discusses products under six segments - wrist-wear, eye-wear, foot-wear, neck-wear, body-wear, and others (finger, hand, arm & leg-wear) such as ring scanners, smart headsets, and so on.

Market by Application & Form Factor - The wearable electronics market is segmented into four major application verticals, namely - consumer applications, healthcare applications, enterprise and industrial applications, and other applications comprising of logistics, warehouse, military and aviation applications. Market by form-factor discusses wearable electronics market by segmenting the market in two broad categories - textile wearable electronics and non-textile wearable electronics, and the textile based wearable electronics market is further segmented into smart-textiles and e-textiles.

Market by Geography - The report discusses the wearable electronics market in four major geographical regions; namely - North America, Europe, Asia-Pacific, and Rest of the World (ROW). Geographical analysis in the report contains the in-depth classification into U.S. and others for North America, U.K., Germany, France, and others for Europe, and China, Japan, South Korea, India, and others for Asia-Pacific, and Latin America, Middle East, and others in ROW.

The Wearable Electronics Market and Technology Analysis (2013 - 2018): By Components (Sensors, Battery, Display, Networking); Applications (Consumer, Healthcare, Enterprise); Products (Smart -Textiles, Glasses, Watches);e-Materials & Geography report also identifies the drivers, restraints, opportunities, current market trends, winning imperatives, and burning issues of the global wearable electronics market. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each product type along with qualitative analysis such as Porter's five force analysis, market time-line analysis, market investment analysis, industry breakdown analysis and value chain analysis.

Head Mounted Display (HMD) Market by Products (Helmet Mounted, Wearable Glass), Components (Micro display, Camera, control unit, Tracker, Accessories), Applications (Defence, industrial, Video Gaming) & Geography - Global Analysis and Forecast to 2020 research report is of 300 pages and published in May 2014. Companies profiled in this research include BAE Systems, Emagin Corporation, Epson Corporation, Google, Inc., Kopin Corporation, Oculus VR Inc., Optis SaS, Recon Instruments, Inc., Rockwell Collins, Sony Corporation, System Technologies Incorporated and Thales SA. Read more on this report at http://www.rnrmarketresearch.com/head-mounted-display-hmd-market-global-forecast-analysis-2012-2017-by-products-helmet-mounted-display-head-mounted-displaycomputing-components-microdisplay-tracker-computing-battery-market-report.html .

Internet of Things Technology and Application Market by Communication Technology (ZigBee, Z-Wave, Bluetooth, Wi-Fi, NFC, RFID), Application Vertical (Building Automation, Consumer, Wearable Electronics, Industrial, Automotive & Transportation, Agriculture) & Geography - Global Trends & Forecasts to 2014 - 2020 is a May 2014 research report of 452 pages. Major chunk of Internet of Things market revenue is expected to come from the consumer segment which currently accounts for more than 80% of the total revenue products such as smartphones, laptops, and tablets which are driving the growth of this market. Besides detailed analysis, drivers, restraints, and opportunities of the market are presented along with key, current application trends and technology trends of the Internet of Things. This report also includes a predictive analysis of mainstream adoption of a few technological trends and IoT-relevant markets over a given period of time. This technology adoption timeline includes: wearable technology, IPV6, connected car, cloud computing, gesture recognition, augmented reality, big data, smart HVAC, smart lighting, and precision farming. Companies like ARM Ltd., Axeda Corporation, Cisco Systems, Inc., Dassault Systems, Ecobee Inc., Enocean GMBH, Fujitsu, Ltd., Gainspan Corporation, Intel Corporation, Nest Labs, Inc., Rockwell Automation, Inc. and Texas Instruments Incorporated are profiled in this report available at http://www.rnrmarketresearch.com/internet-of-things-technology-and-application-market-by-communication-technology-zigbee-z-wave-bluetooth-wi-fi-nfc-rfid-application-vertical-building-automation-consumer-wearable-electronic-market-report.html .

Explore more reports on the electronics market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics .

About Us 

RnR Market Research is an online database of syndicated market research reports covering over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.

Contact: 

Priyank Tiwari

TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252

Tel: +1-888-391-5441
[email protected]

http://www.rnrmarketresearch.com/report-index 

Connect With Us on: 

Facebook: http://www.facebook.com/pages/RnR-Market-Research/413488545356345

Twitter: https://twitter.com/#!/RnRMR

G+ / Google Plus: https://plus.google.com/u/0/104156468549256253075/ 

RSS Feed: http://www.rnrmarketresearch.com/feed  


SOURCE RnRMarketResearch.com

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's platform-as-a-service. The new platform enables developers to build ap...

Focused on this fast-growing market’s needs, Vitesse Semiconductor Corporation (Nasdaq: VTSS), a leading provider of IC solutions to advance "Ethernet Everywhere" in Carrier, Enterprise and Internet of Things (IoT) networks, introduced its IStaX™ software (VSC6815SDK), a robust protocol stack to simplify deployment and management of Industrial-IoT network applications such as Industrial Ethernet switching, surveillance, video distribution, LCD signage, intelligent sensors, and metering equipment. Leveraging technologies proven in the Carrier and Enterprise markets, IStaX is designed to work ac...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
C-Labs LLC, a leading provider of remote and mobile access for the Internet of Things (IoT), announced the appointment of John Traynor to the position of chief operating officer. Previously a strategic advisor to the firm, Mr. Traynor will now oversee sales, marketing, finance, and operations. Mr. Traynor is based out of the C-Labs office in Redmond, Washington. He reports to Chris Muench, Chief Executive Officer. Mr. Traynor brings valuable business leadership and technology industry expertise to C-Labs. With over 30 years' experience in the high-tech sector, John Traynor has held numerous...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades.
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover how hardware commoditization, the ubiquitous nature of connectivity, and the emergence of Big Data a...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that IDenticard will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. IDenticard™ is the security division of Brady Corp (NYSE: BRC), a $1.5 billion manufacturer of identification products. We have small-company values with the strength and stability of a major corporation. IDenticard offers local sales, support and service to our customers across the United States and Canada. Our partner network encompasses some 300 of the world's leading systems integrators and security s...
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas.
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Smart devices that use wireless technology to exchange information with each other and with their human owners: this is the Internet of Things (IoT). This incredible level of connectivity is already transforming how we exercise, treat diseases, park our cars and access business documents. Research firm IDC projects that the IoT world of connected devices will grow to 200 billion objects by 2020. As more businesses, entrepreneurs and government entities embrace the IoT, more data will be generated daily than the already mind-boggling 2.5 quintillion bytes of data per day. However, even curren...
The Industrial Revolution in the 18th to 19th centuries was a period during which predominantly rural societies in Europe and America became industrial and urban. Advances in steam technology, transportation, mass production and the telegraph collectively transformed industry and society. Today, the Internet of Things (IoT) has the potential to once again transform industry and society just as the Industrial Revolution did. Analyst firm IDC forecasts that the IoT market will grow to $8.9 trillion by 2020 with anywhere between 30 to 50 billion connected autonomous things, making the potential g...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world. The next @ThingsExpo will take place November 4-6, 2014, at the Santa Clara Convention Center, in Santa Clara, California. Since its launch in 2008, Cloud Expo TV commercials have been aired and CNBC, Fox News Network, and Bloomberg TV. Please enjoy our 2014 commercial.
From a software development perspective IoT is about programming "things," about connecting them with each other or integrating them with existing applications. In his session at @ThingsExpo, Yakov Fain, co-founder of Farata Systems and SuranceBay, will show you how small IoT-enabled devices from multiple manufacturers can be integrated into the workflow of an enterprise application. This is a practical demo of building a framework and components in HTML/Java/Mobile technologies to serve as a platform that can integrate new devices as they become available on the market.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Located in booth #314, the Bsquare team will present DataV demos and discuss how DataV will help customers put their data to work to improve business outcomes. DataV is unlocking new initiatives across a wide landscape of customers in industries such as industrial manufacturing, transportation, retail and mobile. The solution is designed to complement a new project start or help to enrich an existing machine investment.
The Physical Web incorporates beacons that can be put in any small retail store, for example, so that every store now has "an app" for its customers. In this Birds-of-a-Feather session at Internet of @ThingsExpo, Scott Jenson, Product Designer at Google, will discuss the Physical Web and how it is an open standard so any device can broadcast a URL wirelessly, so any phone/tablet/watch nearby can see, and rank those devices. When the user taps on one, they just go to that web page. It's really that simple. It's about thinking small, enabling micro-information (what is in my prescription bottle...
BSQUARE is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our products, services and solutions to achieve innovation and success. For more information, visit www.bsquare.com.
Whether you're a startup or a 100 year old enterprise, the Internet of Things offers a variety of new capabilities for your business. IoT style solutions can help you get closer your customers, launch new product lines and take over an industry. Some companies are dipping their toes in, but many have already taken the plunge, all while dramatic new capabilities continue to emerge. In his session at Internet of @ThingsExpo, Reid Carlberg, Senior Director, Developer Evangelism at salesforce.com, to discuss real-world use cases, patterns and opportunities you can harness today.