Global Wrist Wearable Market - Analysis, Technologies & Forecasts to 2020 - Research and Markets

DUBLIN--()--The "Global Wrist Wearable Market 2017-2021" report has been added to Research and Markets' offering.

The global wrist wearable market is forecast to grow at a CAGR of 12.61% during the period 2016-2020.

The report, Global Wrist Wearable Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. 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.

The latest trend gaining momentum in the market is the growing niche market for wrist wearables. The popularity of wrist wearables has been growing to a large extent in the global smart wearables market. Apart from smartwatches and fitness bands, the vendors in the market are focusing on the development and manufacture of various other wrist wearables, including bracelets and tags.

According to the report, one of the major drivers for this market is compatibility with other electronic devices. One of the most significant features of a smartwatch is its ability to connect with several devices such as TVs, media players, headsets, smartphones, laptops, point-of-sale devices, and several other devices that have Bluetooth and NFC connectivity capabilities. Currently, smartwatches can be connected with headsets and smartphones. This is expected to change soon as smartwatches will be used to make payments and control lighting in the future. Also, several third-generation smartwatches are integrated with Wi-Fi connectivity, which enables them to be connected to several devices efficiently.

Key vendors

  • Apple
  • Fitbit
  • Garmin
  • Lenovo
  • Samsung Electronics
  • Xiaomi

Other prominent vendors

  • Adidas
  • Amiigo
  • AsusTek Computer
  • Atlas Wearables
  • Baidu
  • BBK Electronics
  • Fitbug
  • FlyFit
  • Fossil
  • GOQii
  • Healbe
  • iFit
  • Jaybird
  • LG Electronics
  • Martian
  • Misfit
  • Movable
  • Mushroom Labs
  • Nautilus
  • Nike
  • Pivotal
  • Polar
  • Razer
  • Runtastic
  • Skechers
  • Sony
  • Striiv
  • Tag Heuer
  • Titan
  • YU Televentures

Market drivers

  • Compatibility with other electronic devices
  • For a full, detailed list, view the full report

Market challenges

  • Growing fitness app market
  • For a full, detailed list, view the full report

Market trends

  • Growing niche market for wrist wearables
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

You can request one free hour of the analyst's time when you purchase this market report. Details are provided within the report.

Executive Summary:

New Report Released: - Global Wrist Wearable Market 2017-2021

The author of the report recognizes the following companies as the key players in the global wrist wearable market: Apple, Fitbit, Garmin, Lenovo, Samsung Electronics, and Xiaomi.

Other Prominent Vendors in the market are: Adidas, Amiigo, AsusTek Computer, Atlas Wearables, Baidu, BBK Electronics, Fitbug, FlyFit, Fossil, GOQii, Healbe, iFit, Jaybird, LG Electronics, Martian, Misfit, Movable, Mushroom Labs, Nautilus, Nike, Pivotal, Polar, Razer, Runtastic, Skechers, Sony, Striiv, Tag Heuer, Titan, and YU Televentures.

Commenting on the report, an analyst from the research team said: The latest trend gaining momentum in the market is Growing niche market for wrist wearables. The popularity of wrist wearables has been growing to a large extent in the global smart wearables market. Apart from smartwatches and fitness bands, the vendors in the market are focusing on the development and manufacture of various other wrist wearables, including bracelets and tags.

According to the report, one of the major drivers for this market is Compatibility with other electronic devices. One of the most significant features of a smartwatch is its ability to connect with several devices such as TVs, media players, headsets, smartphones, laptops, point-of-sale devices, and several other devices that have Bluetooth and NFC connectivity capabilities. Currently, smartwatches can be connected with headsets and smartphones. This is expected to change soon as smartwatches will be used to make payments and control lighting in the future. Also, several third-generation smartwatches are integrated with Wi-Fi connectivity, which enables them to be connected to several devices efficiently.

Further, the report states that one of the major factors hindering the growth of this market is Data privacy and security issues. There is a large amount of sensitive information (related to the users) that is transferred by the wrist wearables to other electronic devices. The data transferred and collected varies from the information related to the health condition of the user to his/her location that is tracked by the GPS installed in the wearable device. Most of the GPS are controlled by their respective network operators, which creates privacy concerns. Furthermore, the misplacement or theft of these devices makes them more prone to be hacked.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Product Type

Part 07: Geographical Segmentation

Part 08: Key Leading Countries

Part 09: Buying Criteria

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/mhkm32/global_wrist

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wearable Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Wearable Technology