Wearable Technology Market Expected to Grow $40 Billion by 2020 Oct-2016
Wearable Technology Market report 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.
Complete report on Wearable Technology Market is Available at
http://www.rnrmarketresearch.com/wearable-technology-forecasts-2016-2030-market-report.html
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.
The “Wearable Technology Forecasts: 2016 – 2030” datasheet presents comprehensive forecasts for
wearable device shipments and revenue from 2016 till 2030, covering 7 device form factor submarkets,
7 vertical markets, 6 regions and 73 countries. Historical figures are also presented for 2015.
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Table of Content:
Forecast Segmentation
Market forecasts on are provided for each of the following submarkets and their subcategories:
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