Wearable Sensor Market by Type (Motion, Pressure, Temperature, Medical & Others) Global Forecast to 2020
The global
wearable sensor market revenue is expected to grow at a CAGR of 48.40%, and
cross $654.16 Million by the end of 2020.
Apart from
the novel concept of smart and e-textiles, the field of wearable sensor also
includes several other products such as smart glasses/goggles, ring/finger worn
scanners, footwear such as athletic, fitness & sports shoes, wrist wear
such as advanced electronic watches and wrist-bands and others (such as
head-bands and neck-wear).
Browse 116 market data
tables and 81 figures spread through 197 pages and in-depth TOC on
"Wearable Sensor Market - Global Forecast to 2020"
The
term ‘Wearable Electronics’ refers to any electronic device or product which
can be worn by a person, to integrate computing in his daily activity or work
and use technology to avail advanced features and characteristics. In simple
terms, wearable sensor is used to make routine things easier to perform, and
also make life sophisticated by offering several computing features in various
day-to-day applications, mainly due to integration of computing &
communication devices. Today, several types of wearable sensor exist, with
development of various types of technologies and advancements in wearable
computing.
The
amount of focus and efforts all across the value chain of the ecosystem suggest
that the players are going full throttle to cash in the big opportunities that
the market is currently offering and is yet to offer in the coming years. The
market already has several successful wearable sensor products, which include:
Nike’s Fuel+ wrist-band, Jawbone UP and so on. The market is likely to witness
loads of changes with much awaited products such as Google’s Smart glass,
Sony’s wrist watch, and others slated to launch soon (the Apple Watch). It is
most likely that the market would see some big mergers and acquisitions along
with many new players and start-ups, making it big in the industry
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Some
of the major players in wearable sensor market include Analog Devices, Inc.
(U.S.), Freescale Semiconductor Inc. (U.S.), Infineon Technologies AG
(Germany),Panasonic Corporation (Japan), and among others.
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