DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Top 10 Mobility Technologies Market by Technology & Geography - Global Forecast to 2022" report to their offering.
This report covers the major mobility technologies such as cellular IoT, wireless gigabit, mobile augmented reality, wireless charging for consumer electronics, Bluetooth, automotive vehicle-to-everything, mobile biometric, land mobile radio, automated guided vehicle, and wearable technology, along with their market trends between 2016 and 2022.
Increasing demand for smart devices and technological advancements in wireless connectivity expected to drive the growth of the mobility technologies market during the forecast period
Rising consumer preferences for sophisticated gadgets and growing demand for connected living fueling the growth of the wearable technology market
The emergence of wearable technology has transformed the outlook of computing on-the-go. The application areas for the wearable technology range from consumer durables and healthcare to enterprise, industrial, and so on. With the development in the technology, it is expected to have application in new verticals and increased applications in the existing verticals such as medical surgery.
The key factors contributing to the growth of the wearable technology market include consumer preference for sophisticated gadgets, increasing growth prospects for next-generation displays in wearable devices, growing popularity of the Internet of Things (IoT) and connected devices, increase in demand for wearable fitness and medical devices, and development of key enabling technologies.
Market Dynamics
Drivers
- Decline in Prices of Hardware Components
- Growing Interest of Large Tech Companies in Augmented Reality
Restraints
- Development of Ar Technology Dependent on Advancements in Computing and Digital Networks
Opportunities
- Increasing Adoption of 3D Cameras for the Generation of 3D Models of Real Objects
Challenges
- Low Adoption Rate Due to Privacy Issues and Complexities Associated With the Design
Companies Mentioned
- Apple, Inc.
- Atmel Corporation
- Autotalks Ltd
- Daifuku Co., Ltd.
- Dematic GmbH & Co. Kg
- Harris Corporation
- Intel Corporation
- Motorola Solutions, Inc.
- Nuance Communication, Inc.
- Qualcomm, Inc.
- Samsung Electronics Co., Ltd.
- Sierra Wireless
- Stmicroelectronics N.V.
- Texas Instruments
For more information about this report visit http://www.researchandmarkets.com/research/mxqrr3/top_10_mobility