The market for wearable electronics is expected to grow at a significant rate during the period 2013-2020. The market for wearable electronics was largely dominated by North America, followed by the European Union and Asia Pacific.
Overall, the market is poised to grow at a CAGR of 26% during the forecast period. Growth of this industry is majorly driven by factors such as high adoption rate of digital devices, convergence of technologies, and penetration of wireless connectivity.
Major challenges include lack of design features, higher power consumption of wearable devices, high initial cost and users’ concerns regarding data privacy.
Wearable electronics refers to an integrated computing device or product, which helps the person or the user wearing it to enhance day to day activities. The technological advancement in wearable electronics, help the user to avail advanced features and characteristics.
The first form of electronic wearable electronic device was a calculator watch. Wearable devices such as wrist bands, and watches, which can record audio, video and process data on the go, were seen as something very futuristic; however, advancements made in the past decade has made it possible for users to realize the potential of these devices in the current age.
‘Wearable technology’ forayed in as a technological advancement only a decade ago, and the interest in this sector still continues to grow. The interest is mostly led by wearable fitness trackers, smart watches, and bands. Lately, such is the impact of these wearable devices that, now mobile operators are moving towards offering smart watches along with fitness trackers, or smart phones with smart watches as a part of a bundled deal to woo customers.
Presently, wearable electronics are only deemed to be an important advancement in terms of luxury; however, the way this innovation is catching up the imagination of current users, the global conglomerates and businesses see this as a major opportunity to expand and increase their market.
KEY BENEFITS
The report looks at the various wearable electronic devices that are currently prevalent in the market and also sheds light on various factors which are driving its growth
Wearable electronics market analysis includes market size estimate from 2013 through 2020, including market size by products, applications, components, and geography by both value in $billion and volume in million units. The volume figures are calculated based on average selling price of products and components, which were computed based on the market size of the particular year.
Identify key areas of investment for wearable device manufacturers
Identify key issues and challenges, restraints and barriers that are prevalent in the market, gauging these restraints would aid in tackling the nuances
Porter’s analysis to identify new entry barriers and impact of alternative technology on market growth
Identification of the top investment pockets in product and application segments.
Analyze the market by geography such as North America, Europe, Asia Pacific and LAMEA.
Estimation of 2013 -2020 by considering current market trends and future opportunities.
Report includes profiles of key players who are primarily responsible for driving the growth and will further direct the course of wearable electronics market
MARKET SEGMENTATION
Wearable devices find their usage in a variety of applications. In this report, the segments are broadly classified into two segments which are:
Consumer
Commercial
MARKET BY PRODUCT SEGMENT (BY VALUE AND VOLUME)
Wrist-Wear
Eye-Wear
Foot-Wear
Neck-Wear
Body-Wear
Other-Wear
MARKET BY APPLICATIONS (BY VALUE AND VOLUME)
Consumer
Life style
Fitness and sports
Healthcare
Entertainment
Commercial
Industrial
Government
MARKET BY COMPONENTS (BY VALUE AND VOLUME)
PCBs
Memory
Battery
Sensor
Connectivity
Audio
Display
Camera
Others
MARKET BY GEOGRAPHY (BY VALUE AND VOLUME)
North America
Europe
Asia-Pacific
Latin America, Middle East, Africa (LAMEA)
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
1.1 Objectives and scope
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
1.5 Report Structure
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Overview of the Global Wearable Electronics Market
2.2 Key Players
2.3 Product/Segment Analysis
2.4 Growth Potential and Opportunities
2.4.1 Small device many features
2.4.2 Ruggedness of these devices
2.4.3 Product bundling
2.5 MARKET SCENARIO 2020
2.5.1 Bull case scenario
2.5.2 Base case scenario
2.5.3 Bear case scenario
2.6 Analyst view-point
CHAPTER 3 MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 Demand for wearable electronics
3.3 Future prospects for wearable electronics
3.4 Key Findings
3.5 Top Investment Pockets
3.5.1 Wearable Electronics Market – By Products
3.5.2 Wearable Electronics Market – By Applications
3.5.3 Wearable Electronics Market – By Geography
3.6 Porter’s Five Force Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of Substitutes
3.6.4 Threat of Rivalry
3.6.5 Threat of new entrants
3.7 Value Chain Analysis
3.8 Market Dynamics
3.8.1 Lower device cost due to the emergence of a large number of manufacturers
3.8.2 Rising awareness among customers for health related activities
3.8.3 Increase in usage amongst customers of varied age profiles for patient tracking systems
3.8.4 Drivers
3.8.4.1 Convergence (Technologies)
3.8.4.2 Increase in number of customers adopting digital devices
3.8.4.3 Presence of internet mobility
3.8.5 Restraints
3.8.5.1 Lack of design features
3.8.5.2 Higher power usage of wearable electronics
3.8.5.3 Users concerns regarding data privacy
3.8.6 Opportunities
3.8.6.1 Small device many features
3.8.6.2 Ruggedness of these devices
3.8.6.3 Product bundling
CHAPTER 4 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION
4.1 Consumer Segment
4.2 Life-style applications
4.3 Sports/fitnessapplications
4.4 Healthcare applications
4.5 Entertainment applications
4.6 Industrial and Commercial
4.7 Defense
4.8 Others
CHAPTER 5 GLOBAL WEARABLE ELECTRONICS MARKET, BY PRODUCTS
5.1 Wrist-Wear
5.2 Eye-Wear
5.3 Foot-Wear
5.4 Neck-Wear
5.5 Body-Wear
5.6 Other-Wear (Finger, Head-Wear)
CHAPTER 6 GLOBAL WEARABLE ELECTRONICS MARKET, BY COMPONENTS
6.1 PCBs
6.2 Memory
6.3 Battery
6.4 Sensor
6.5 Connectivity
6.6 Audio
6.7 Display
6.8 Camera
6.9 Others
CHAPTER 7 GLOBAL WEARABLE ELECTRONICS MARKET, BY GEOGRAPHY
7.1 North America
7.2 European Union
7.3 Asia Pacific
7.4 LAMEA
CHAPTER 8 COMPANY PROFILES
8.1 Adidas Ag
8.1.1 Oveview
8.1.2 Financial performance
8.1.3 Strategic moves and developments
8.1.4 SWOT Analysis
8.2 Apple Inc.
8.2.1 Oveview
8.2.2 Financial performance
8.2.3 Strategic moves and developments
8.2.4 SWOT Analysis
8.3 FitbIt
8.3.1 Overview
8.3.2 Financial performance
8.3.3 Strategic moves and developments
8.3.4 SWOT Analysis
8.4 Google Inc.
8.4.1 Overview
8.4.2 Financial performance
8.4.3 Strategic moves and developments
8.4.4 SWOT Analysis
8.5 Jawbone
8.5.1 Overview
8.5.2 Financial performance
8.5.3 Strategic moves and developments
8.5.4 SWOT Analysis
8.6 Nike, Inc.
8.6.1 Oveview
8.6.2 Financial performance
8.6.3 Strategic moves and developments
8.6.4 SWOT Analysis
8.7 Sony Corp
8.7.1 Overview
8.7.2 Financial performance
8.7.3 Strategic moves and developments
8.7.4 SWOT Analysis
8.8 Samsung Electronics Co. Ltd.
8.8.1 Overview
8.8.2 Financial performance
8.8.3 Strategic moves and developments
8.8.4 SWOT Analysis
LIST OF TABLES
TABLE 1 WEARABLE ELECTRONICS PRODUCT SEGMENT ANALYSIS
TABLE 2 OVERALL WEARABLE ELECTRONICS MARKET SIZE FOR CONSUMER APPLICATIONS
TABLE 3 NORTH AMERICA – BREAKUP BY CONSUMER AND COMMERCIAL APPLICATIONS ($BILLION)
TABLE 4 EU – BREAKUP BY CONSUMER AND COMMERCIAL APPLICATIONS ($BILLION)
TABLE 5 APAC – BREAKUP BY CONSUMER AND COMMERCIAL APPLICATIONS ($BILLION)
TABLE 6 ROW – BREAKUP BY CONSUMER AND COMMERCIAL APPLICATIONS ($BILLION)
TABLE 7 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS 2013-2020 ($BILLION)
TABLE 8 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS, BY GEOGRAPHY
TABLE 9 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – EYE WEAR, BY GEOGRAPHY
TABLE 10 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – FOOT WEAR, BY GEOGRAPHY
TABLE 11 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – NECK WEAR, BY GEOGRAPHY
TABLE 12 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – BODY WEAR, BY GEOGRAPHY
TABLE 13 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – OTHER WEAR, BY GEOGRAPHY
TABLE 14 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS 2013-2020 ($BILLION)
TABLE 15 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY-2013-2020 ($BILLION)
TABLE 16 ADIDAS AG BUSINESS SNAPSHOT
TABLE 17 APPLE INC. BUSINESS SNAPSHOT
TABLE 18 FITBIT COMPANY SNAPSHOT
TABLE 19 SNAPSHOT OF GOOGLE INC.
TABLE 20 SNAPSHOT OF JAWBONE
TABLE 21 SNAPSHOT OF NIKE, INC.
TABLE 22 SNAPSHOT OF SONY CORP
TABLE 23 SNAPSHOT OF SAMSUNG ELECTRONICS CO. LTD.
LIST OF FIGURES
FIG.1 OVERALL WEARABLE ELECTRONICS MARKET SHARE BY APPLICATIONS
FIG.2 GLOBAL WEARABLE ELECTRONICS MARKET SIZE AND FORECAST, 2013 - 2020 ($BILLION)
FIG.3 OVERALL WEARABLE ELECTRONICS MARKET SIZE ($BILLION) – BULL CASE SCENARIO
FIG.4 OVERALL WEARABLE ELECTRONICS MARKET SIZE ($BILLION) – BASE CASE SCENARIO
FIG.5 OVERALL WEARABLE ELECTRONICS MARKET SIZE ($BILLION) – BEAR CASE SCENARIO
FIG.6 TOP INVESTMENTS POCKETS – BY DEVICES
FIG.7 TOP INVESTMENTS POCKETS – BY APPLICATIONS – CONSUMER
FIG.8 TOP INVESTMENTS POCKETS – BY APPLICATIONS - COMMERCIAL
FIG.9 TOP INVESTMENTS POCKETS – BY GEOGRAPHY
FIG.10 PORTERS FIVE FORCES MODEL FOR WEARABLE ELECTRONICS
FIG.11 KEY DRIVERS AND RESTRAINTS FOR WEARABLE ELECTRONICS
FIG.12 WERABLE ELECTRONIC MARKET SEGMENTS BY APPLICATION SEGMENTS
FIG.13 WEARABLE ELECTRONIC MARKET SEGMENTS BY APPLICATION SEGMENTS
FIG.14 OVERALL WEARABLE ELECTRONICS MARKET SIZE ($BILLION) FOR CONSUMER APPLICATIONS
FIG.15 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – LIFE-STYLE 2013-2020 ($BILLION)
FIG.16 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – LIFE-STYLE 2013-2020 (MN UNITS)
FIG.17 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – SPORTS/FITNESS 2013-2020 ($BILLION)
FIG.18 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – SPORTS/FITNESS 2013-2020 (MN UNITS)
FIG.19 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – HEALTHCARE 2013-2020 ($BILLION)
FIG.20 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – HEALTHCARE 2013-2020(MN UNITS)
FIG.21 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – ENTERTAINMENT 2013-2020 ($BILLION)
FIG.22 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – ENTERTAINMENT 2013-2020 (MN UNITS)
FIG.23 GLOBAL WEARABLE ELECTRONICS MARKET – ENTERPRISE & INDUSTRIAL –2013-2020 ($BILLION)
FIG.24 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION - ENTERPRISE & INDUSTRIAL 2013-2020
FIG.25 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – DEFENSE 2013-2020 ($BILLION)
FIG.26 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – DEFENSE 2013-2020 (MN UNITS)
FIG.27 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – OTHERS 2014-2020 ($BILLION)
FIG.28 GLOBAL WEARABLE ELECTRONICS MARKET BY APPLICATION – OTHERS 2014-2020 (MN UNITS)
FIG.29 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS 2013-2020 ($BILLION)
FIG.30 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS 2013-2020 ($BILLION)
FIG.31 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS 2013-2020 (MN UNITS)
FIG.32 GLOBAL WEARABLE ELECTRONIC MARKET BY PRODUCTS – WRIST WEAR 2014-2020 ($BILLION)
FIG.33 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – WRIST WEAR 2014-2020 (MN UNITS)
FIG.34 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – EYE WEAR 2013-2020 ($BILLION)
FIG.35 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – EYE WEAR 2013-2020 (MN UNITS)
FIG.36 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – FOOT WEAR 2013-2020 ($BILLION)
FIG.37 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – FOOT WEAR 2013-2020 (MN UNITS)
FIG.38 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – NECK WEAR 2013-2020 ($BILLION)
FIG.39 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – NECK WEAR 2013-2020 (MN UNITS)
FIG.40 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – BODY WEAR 2013-2020 ($BILLION)
FIG.41 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCT – BODY WEAR2013-2020 (MN UNITS)
FIG.42 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – OTHER WEAR 2013-2020 ($BILLION)
FIG.43 GLOBAL WEARABLE ELECTRONICS MARKET BY PRODUCTS – OTHER WEAR 2013-2020 (MN UNITS)
FIG.44 OVERALL WEARABLE ELECTRONICS MARKET SHARE BY TYPE OF COMPONENTS ($BILLION) (2013)
FIG.45 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS 2013-2020 ($BILLION)
FIG.46 GLOBAL WEARABLE ELECTRONICS MARKET BY CONTROL COMPONENTS 2014-2020 ($BILLION)
FIG.47 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – MEMORY UNITS 2013-2020 ($BILLION)
FIG.48 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – BATTERY 2013-2020 ($BILLION)
FIG.49 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – SENSOR 2013-2020 ($BILLION)
FIG.50 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – CONNECTIVITY 2013-2020 ($BILLION)
FIG.51 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS - AUDIO 2013-2020 ($BILLION)
FIG.52 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – DISPLAY 2013-2020 ($BILLION)
FIG.53 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – CAMERA 2013-2020 ($BILLION)
FIG.54 GLOBAL WEARABLE ELECTRONICS MARKET BY COMPONENTS – OTHERS 2013-2020 ($BILLION)
FIG.55 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – NORTH AMERICA 2013-2020 ($BILLION)
FIG.56 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – NORTH AMERICA 2013-2020 (MN UNITS)
FIG.57 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – EUROPEAN UNION 2013-2020 ($BILLION)
FIG.58 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – EU 2013-2020 (MN UNITS)
FIG.59 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – APAC 2013-2020 ($BILLION)
FIG.60 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – APAC 2013-2020 (MN UNITS)
FIG.61 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – ROW 2013-2020 ($BILLION)
FIG.62 GLOBAL WEARABLE ELECTRONICS MARKET BY GEOGRAPHY – ROW 2013-2020 (MN UNITS)
FIG.63 SWOT ANALYSIS OF ADIDAS AG
FIG.64 SWOT ANALYSIS OF APPLE INC.
FIG.65 SWOT ANALYSIS OF FITBIT
FIG.66 SWOT ANALYSIS OF GOOGLE INC.
FIG.67 SWOT ANALYSIS OF JAWBONE
FIG.68 SWOT ANALYSIS OF NIKE, INC.
FIG.69 SWOT ANALYSIS OF SONY CORP
FIG.70 SWOT ANALYSIS OF SAMSUNG ELECTRONICS CO. LTD.
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