Title: By 2030, Wearable Technology Ecosystem will reach 140 Million, according to market research
1The Wearable Technology Ecosystem 2015 2030-
Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
Published on - 05 May, 2015 Number of pages
567 Single User Price 2500
- The Wearable Technology Ecosystem Network include
all Wireless Network Coverage based services
hosted on the Networks, as follows - Forecast Segmentation
- Vertical Submarkets
- Form Factor Submarkets
- Regional Markets
2Summary of the Report While wearable technology
has been utilized in vertical sectors such as the
military and healthcare for many years, ongoing
advances have triggered a major resurgence of the
concept, particularly among the consumer
community. Key enabling technologies including
low cost sensors, wireless connectivity, active
materials and energy have converged to make
wearable technology mainstream. With the
continued miniaturization of enabling
technologies, wearable devices have hit the mass
market in a diverse variety of form factors,
ranging from glasses to even jewelry. Driven by
the ability to interconnect with key modern
trends of healthcare, fitness, messaging and
socialization, the wearable technology ecosystem
is attracting significant levels of interest.
Companies as varied as smartphone OEMs, wireless
carriers, health insurers and retailers are
circling the ecosystem alongside tiny startups,
all vying for a stake.
3MIR Research estimates that by 2016, wearable
device shipments will surpass 140 Million and
will account for nearly 30 Billion in revenue.
The market is further expected to grow at a CAGR
of 30 over the next five years. The Wearable
Technology Ecosystem 2015 2030
Opportunities, Challenges, Strategies, Industry
Verticals Forecasts report presents an
in-depth assessment of the wearable technology
ecosystem including key market drivers,
challenges, investment potential, consumer
vertical market opportunities, use cases, future
roadmap, value chain, case studies, vendor market
share and strategies. The report also presents
forecasts for wearable device shipments and
revenue from 2015 through to 2030. The forecasts
are further segmented for 7 device form factor
submarkets, 7 vertical markets, 6 regions and 73
countries. Topics Covered in this report The
report comes with an associated Excel datasheet
suite covering quantitative data from all numeric
forecasts presented in the report.
4- The report covers the following topics
- Wearable technology ecosystem
- Market drivers and barriers
- Enabling technologies for wearable devices
- Prospects of standardization and regulation for
wearable technology - Wearable technology industry roadmap and value
chain - Assessment of vertical market opportunities and
use cases for consumer, healthcare, professional
sports, retail hospitality, military, public
safety and 8 other verticals - Case studies of wearable technology deployments
- Company profiles and strategies of over 360
wearable technology ecosystem players - Wearable device vendor market share
- Wearable device operating systems
- Prospects of smartphone OEMs and wireless chipset
suppliers in the wearable technology ecosystem - LTE Direct and its impact on wearable technology
- Strategic recommendations for enabling technology
providers, wearable device OEMs, vertical market
players, application developers and wireless
carriers
5Forecast Segmentation Market forecasts are
provided for each of the following submarkets and
their categories Wearable device shipments and
revenue Wearable application ecosystem
revenue Wearable driven wireless carrier service
revenue Vertical Submarkets Consumer Healthcare
Professional Sports Retail Hospitality Military
Public Safety Others
Form Factor Submarkets Smart Bands Smart
Watches Smart Glasses Smart Clothing Smart
Jewelry Heads-up Displays Others
6Regional Markets Asia Pacific Eastern
Europe Latin Central America Middle East
Africa North America Western Europe Country
Markets 73 Country level markets Algeria,
Argentina, Australia, Austria, Bangladesh,
Belarus, Belgium, Bolivia, Bosnia Herzegovina,
Brazil, Bulgaria, Canada, Chile, China, Colombia,
Croatia, Czech Republic, Denmark, Ecuador, Egypt,
Finland, France, Germany, Greece, Hong Kong,
Hungary, India, Indonesia, Ireland, Israel,
Italy, Japan, Kenya, Luxembourg, Malaysia,
Mexico, Morocco, Netherlands, New Zealand,
Nigeria, Norway, Pakistan, Paraguay, Peru,
Philippines, Poland, Portugal, Qatar, Romania,
Russia, Saudi Arabia, Serbia, Singapore,
Slovakia, South Africa, South Korea, Spain,
Sudan, Sweden, Tunisia, Turkey, UAE, UK, Ukraine,
Uruguay, USA, Uzbekistan, Venezuela and Vietnam
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7- Key Questions Answered in this report
- The report provides answers to the following key
questions - How big is the wearable technology ecosystem?
- How is the ecosystem evolving by segment and
region? - What will the market size be in 2020
and at what rate will it grow? - What trends, challenges and barriers are
influencing its growth? - Who are the key wearable device vendors and what
are their strategies? - How much are vertical enterprises investing in
wearable devices? - What opportunities exist for wireless chipset
suppliers in the wearable technology ecosystem? - How can wireless carriers capitalize on the
growing popularity of smart watches, fitness
bands, smart glasses and other wearable devices? - Which countries, regions and verticals will see
the highest percentage of wearable device
shipments? - Which sports category will see the highest level
of wearable technology integration? - How big is the wearable applications ecosystem?
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8- Key Findings
- The report has the following key findings
- By 2016, wearable device OEMs will pocket nearly
30 Billion from device shipment revenues - MIR Research estimates that fitness and sports
centric wearable device shipments are expected to
grow at a CAGR of 28 over the next 5 years,
eventually accounting for 80 Million device
shipments by the end of 2020 - Wearable devices will help wireless carriers
drive over 71 Billion in additional service
revenue by the end of 2020, following a CAGR of
nearly 80 between 2015 and 2020 - Driven by ongoing innovation and crowd funding
campaigns, SNS Research estimates that investors
will pour over 1 Billion into wearable
technology startups in 2015 - The market is ripe for acquisitions of pure-play
wearable technology startups, as competition
heats up between consumer and vertical centric
OEMs - Nearly 50 of all wearable devices shipped in
2020 will support embedded cellular connectivity.
This represents a 1.1 Billion opportunity for
wireless chipset suppliers
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9The Wearable Technology Ecosystem 2015 2030-
Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Wearable Technology Ecosystem Market and
future opportunities are provided in the report.
Contact 1-302-684-6088 sales_at_marketintelreports.c
om www.marketintelreports.com
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Ecosystem Market Report