DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Wearable Computing Market - Forecasts from 2016 to 2021" report to their offering.
Wearable Computing Market is projected to witness a compound annual growth rate of 31.82% to reach a total market size of US$95.711 billion by 2021, from US$18.246 billion in 2015.
Increasing investments in this field and growing number of applications are the major factors driving the growth of this market. Large scale adoption of activity trackers, smartwatches, and new product launches are also contributing to the market growth. The major areas that are expected to exhibit high demand include manufacturing, travel, leisure, and military and defense.
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players are Garmin, Boston Scientific Corporation, Adidas, Apple, Fitbit, Jawbone along with others.
Segmentation
By Technology
- Display Technologies
- Computing Technologies
- Networking Technologies
- Other Technologies
By End User Industry
- Healthcare
- Entertainment and Media
- Manufacturing
- Others
Companies Mentioned
- Zephyr Technology Corporation
- Samsung Electronics
- Nike
- LG Electronics
- Garmin
- Boston Scientific Corporation
- Adidas
- Apple
- Fitbit
- Jawbone
For more information about this report visit http://www.researchandmarkets.com/research/s73hx7/wearable