About Wristband
The smartwatches are multifunctional, and will hence gain popularity among consumers during the forecast period. Fitbit, a provider of fitness products, is one of the leading vendors in the global fitness band market. As a result of the growing popularity of smartwatches, wristband manufacturers across the globe are focusing on increasing the application areas so as to compete with other smartwatches and gain market share. For instance, some of the applications of wristbands, apart from fitness tracking, include mobile payments, secure access, safety, health, and wellness.
Technavio’s analysts forecast the global wrist wearable market to grow at a CAGR of 10.94% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global wrist wearable market for 2016-2020. To calculate the market size, the report considers the unit shipment of smartwatches and fitness bands.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Wrist Wearable Market 2016-2020, 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.
Key vendors
• Apple
• Fitbit
• Garmin
• Jawbone
• Lenovo
• Samsung Electronics
• Xiaomi
Other prominent vendors
• Adidas
• Amiigo
• Asus
• Atlas Wearables
• Baidu
• BBK
• Fitbug
• Flyfit
• Fossil
• Goqii
• Healbe
• iFit
• Jaybird
• LG
• Martian
• Misfit
• Mota
• Movable
• Mushroom Labs
• Nautilus
• Nike
• Pivotal
• Polar
• Razer
• Runtastic
• Skechers
• Sony
• Striiv
• TAG Heuer
• Titan
• YU Televentures
Market driver
• Increased awareness of healthy lifestyle
• For a full, detailed list, view our report
Market challenge
• Integration of sensors into consumer-end devices and accessories
• For a full, detailed list, view our report
Market trend
• Decline in cost of wearable technology
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Base year
• Vendor segmentation
• Summation errors
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by type
• Global wrist wearable market share by type
• Global smartwatch market
• Global fitness band market
PART 07: Geographical segmentation
• Global wrist wearable market share by geography
• Wrist wearable market in Americas
• Wrist wearable market in APAC
• Wrist wearable market in EMEA
PART 08: Key leading countries
PART 09: Buying criteria
PART 10: Market drivers
• Increase in incidence of lifestyle-related diseases
• Increased awareness of healthy lifestyle
• High cost of healthcare systems
• Easy connectivity
PART 11: Impact of drivers
PART 12: Market challenges
• Design constraints
• Integration of sensors into consumer-end devices and accessories
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Adoption of crowdfunding
• Decline in cost of wearable technology
• Shift in business model
• Reduction in size of sensors
• Introduction of cross-over products
• Increase in smartwatches for children
PART 15: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 16: Appendix
• List of abbreviation
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global wrist wearable market
Exhibit 03: Global wrist wearable market size and forecast by unit shipment 2015-2020 (millions of units)
Exhibit 04: Global wrist wearable market size and forecast by revenue 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global wrist wearable market share by type 2015 and 2020
Exhibit 07: Revenue comparison of global wrist wearable market by type 2015-2020
Exhibit 08: Global smartwatch market size and forecast by unit shipment 2015-2020 (millions of units)
Exhibit 09: Global smartwatch market size and forecast by revenue 2015-2020 ($ billions)
Exhibit 10: Major smartwatch operating system (OS) market shares by shipment 2015 (millions of units)
Exhibit 11: Global fitness band market size and forecast by unit shipment 2015-2020 (millions of units)
Exhibit 12: Global fitness band market size and forecast by revenue 2015-2020 ($ billions)
Exhibit 13: Global wrist wearable market comparison by geography 2015
Exhibit 14: Wrist wearable market size and forecast in Americas 2015-2020 ($ billions)
Exhibit 15: Wrist wearable market size and forecast in APAC 2015-2020 ($ billions)
Exhibit 16: Wrist wearable market size and forecast in EMEA 2015-2020 ($ billions)
Exhibit 17: China: Economic overview 2015
Exhibit 18: US: Economic overview 2015
Exhibit 19: Buying criteria for global wrist wearable market
Exhibit 20: Impact of drivers
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Examples of successfully funded wrist wearable projects (2014-2016)
Exhibit 23: Wrist wearables shipment by leading vendors in 2015 (millions of units)
Exhibit 24: Apple: Operating segments 2015 (% of net sales)
Exhibit 25: Apple: Product segments 2015 (% of net sales)
Exhibit 26: Fitbit: Product segmentation 2015
Exhibit 27: Fitbit: Geographical segmentation by revenue 2015
Exhibit 28: Garmin: Business segmentation by revenue 2015
Exhibit 29: Apple: Business division 2015
Exhibit 30: Xiaomi: Product categories
