ReportsWeb- The Wearable Technology Ecosystem by Opportunities

The Wearable Technology Ecosystem by Opportunities, Challenges,
Strategies, Industry Verticals and Forecasts to 2030
ReportsWeb.com published “The Wearable Technology Ecosystem” from its database. The
report covers the market landscape and its growth prospects over the coming years. The report
also includes a discussion of the key vendors operating in this market.
While wearable technology has been utilized in vertical sectors such as the military and
healthcare industries 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, mobile operators, health insurers and
retailers are circling the ecosystem alongside tiny startups, all vying for a stake.
Publisher estimates that wearable device shipments will grow at a CAGR of 29% between 2016
and 2020. By 2020, wearable devices will represent a market worth $40 Billion with over 240
Million annual unit shipments.
For more information about this report: http://www.reportsweb.com/the-wearable-
technology-ecosystem-2016-2030
The “Wearable Technology Ecosystem: 2016 - 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 2016 through to 2030. The forecasts are further segmented for 7 device form
factor submarkets, 7 vertical markets, 6 regions and 73 countries.
The report comes with an associated Excel datasheet suite covering quantitative data from all
numeric forecasts presented in the report.