Global Wearable Technology Market (2017-2023): Key Players are Apple, Sony Corporation, Fitbit, Xiaomi & Garmin - Research and Markets

DUBLIN--()--The "Global Wearable Technology Market Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023" report has been added to Research and Markets' offering.

The global wearable technology market is expected to rise at a CAGR of 22% during the forecasted period 2016-2023.

According to Forbes, the global wearable technology market revenue is estimated to reach market revenue share of worth $34 billion by 2020 and become double by the end of forecast period 2023. It has several advantages provided by this advanced technology such as fast response time, fashionable, facilitates continuous monitoring and flexible to use. The key factor driving the growth of the global wearable technology market is the increased adoption of wearable devices by the people for health monitoring.

North America is the largest market region for global wearable technology market and had accounted for largest market revenue share in 2016. This is due to the increased adoption of wearable devices in the U.S due to the increasing demand for fitness and healthcare monitoring and tracking devices. The presence of key market players such as Fitbit , Apple etc. in North America, the rising demand for smart electronics devices such as smart glasses , smart watches, gaming consoles etc. have led to the increased adoption of wearable devices and technology. Moreover, wearable devices are being widely adopted in various end-user industries such as healthcare entertainment etc. which is contributing significantly to the North American wearable technology market. .

Companies Mentioned

  • Adidas Ag. (Germany)
  • Albhabet Inc. (U.S.)
  • Apple Inc. (U.S.)
  • Fitbit Inc. (U.S)
  • Garmin Ltd. (Switzerland)
  • Guandong Electronics Ltd. (China)
  • Huawei (China)
  • Jawbone Inc. ( U.S.)
  • LG Electronics (South Korea)
  • Motorola Solutions (U.S.)
  • Nike Inc. (U.S.)
  • Qualcomm Ltd. (U.S.)
  • Samsung Electronics (South Korea )
  • Sony Corporation (Japan)
  • Xiaomi Technology (China)

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/fvrnt8/global_wearable

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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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