Wrist wear segment held a significant share of the global wearable sensors market in 2016 owing to rising demand for smart watches along with technological advancements leading to development of advanced wrist wear devices . The segment is expected to experience lucrative growth during the forecast period due to increasing adoption of smart watches and fitness bands by consumers as a result of increased awareness related to fitness tracking and monitoring .
Consumer vertical of the wearable sensors market is expected to exhibit fastest growth during the forecast period owing to increasing applications of wearable sensors in sectors such as sports , multimedia , fitness and infotainment . Rising demand for sensor based devices for smart gadgets and interactive gaming devices is expected to fuel the growth of consumer vertical during the forecast period .
U . S . held a major share of the North American wearable sensors market due to large scale adoption of technologically enhanced wearable devices enabled by high disposable income of the population . Emerging economies such as China and India are expected to witness favorable growth owing to increasing penetration of smart devices such as tablets and smart phones .
Product development and innovation is the key strategy followed by the major players operating in the wireless sensors market in order to outperform their competitors and offer innovative wearable devices to the consumers . Some of the key players in the wearable sensors market are , TE Connectivity Ltd ., Broadcom Limited , STMicroelectronics N . V ., Analog Devices , Inc ., Infineon Technologies AG , Knowles Electronics , LLC ., InvenSense ( Acquired by TDK Corporation ), Panasonic Corporation , Texas Instruments Incorporated and NXP Semiconductors N . V .
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Key Findings of the Research Study :
� Motion sensors segment held a significant share of the wearable sensors market in 2016 owing to their large scale adoption in applications such as automotive , defense , healthcare and consumer electronics .
� Image sensors segment is expected to grow with the highest CAGR during the forecast period owing to their increasing applications in industries such as defense and infotainment .
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Wrist wear segment held a significant share of the wearable sensors market in 2016 owing to consistent technological advancements in sensor based wrist wear devices and increasing adoption of smart watches by consumers . Consumer vertical dominated the overall market in 2016 due to increasing consumer applications of wearable sensors such in infotainment , sports , fitness and multimedia .