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Global Wearable Devices Market Trend, Industry Analysis and Forecast 2024

The Global Wearable Device Market USD 15.1 Billion in 2015 and is expected to reach USD 46.7 billion by 2022, growing at a CAGR of 17.6%
kunal raut | 28.08.2018
© kunal raut
Market Analysis:
The Global Wearable Device Market USD 15.1 Billion in 2015 and is expected to reach USD 46.7 billion by 2022, growing at a CAGR of 17.6% in the forecasted period 2016 to 2022.

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Global Wearable Devices Market,
By Product Type
• Wrist wear,
• Eyewear,
• Footwear,
• Neckwear,
• Body wear,
• By Industry
• Consumer Products,
• Healthcare,
• Industrial,

By Type
• Smart Textile
• Passive,
• Active,
• Ultra Smart
• Sensing,
• Energy Harvesting,
• Luminescence,
• Thermo Electricity
• Non-Textile

By Geography
• North America,
• Europe,
• Asia-Pacific,
• South America,
• Rest of the World

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Wearable Devices Market – Market Segmentation:
The global wearable devices market is segmented based on industry into consumer products, healthcare, industrial, and others. The growth of wearable devices market in the consumer products industry is owing to the increasing demands for wrist wear and body wear products growing in this market. Based on product type the wearable devices market is segmented into wrist wear, eyewear, footwear, neckwear, body wear, and others. Wrist wearable products are likely to grow in popularity in the coming years. The market is growing with increasing sales of smart watches expected to be launched by leading players. It is expected that with major companies foraying into the market such as Apple and Samsung, the look and feel for wearable’s would increase immensely.

Wearable Devices Market – Competitive Landscape:
In-depth profiling of key players has been conducted along with recent developments (new product launches & partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the global wearable devices market. Some of the major players in the

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The Major Players in the wearable devices market are
• Adidas AG,
• Apple, Inc.,
• Fitbit, Inc.,
• Garmin, Ltd.,
• Google, Inc.,
• Jawbone, Inc.,
• LG Electronics Inc.,
• Nike, Inc.,
• Pebble Technology Corp.,
• Qualcomm, Inc.,
• Samsung Electronics Co., Ltd.,
• Sony Corporation, and
• Xiaomi Technology Co., Ltd.

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