DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/44w3rl/global_connected) has announced the addition of the "Global Connected Wearable Devices Market 2014-2018" report to their offering.
The Global Connected Wearable Device market to grow at a CAGR of 54.11 percent over the period 2013-2018.
Some of the smart wearable devices available in the market are Google Glass, Samsung Gear, Moto 360, and Nike wristbands. These devices find their application in various sectors such as Fitness, Healthcare, Lifestyle, and Entertainment.
One major trend upcoming in this market is the decline in the cost of wearable technology because most of the wearable device manufacturers are trying to enhance the sales of such devices by making them affordable for a larger target consumer segment.
According to the report, one of the major drivers in this market is the enhancements in technology in combination with better aesthetics to match personal style as well as the convergence of technologies. In recent years, disruptive technical innovations have enabled the convergence of telecom, media, infotainment, IT, and internet-based applications into a single device. This convergence of technology has become an essential part of the day-to-day life of individual users. In addition, the availability of converged user-friendly services on a mobile platform is enhancing the adoption of converged technology.
Further, the report states that one of the major challenges in this market is the design constraints of wearable devices. Currently, most wearable device manufacturers are focused on technology rather than design.
Key Vendors
- Adidas
- Motorola Solutions
- Nike
- Pebble Technology
- Samsung Electronics
- Sony
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Application
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Upcoming Vendors
For more information visit http://www.researchandmarkets.com/research/44w3rl/global_connected