Welcome!

@ThingsExpo Authors: Shelly Palmer, Elizabeth White, John Basso, Liz McMillan, AppDynamics Blog

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
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.