Wearable Technology and IoT Wearable Device Market is expected to grow at a CAGR of 11.3% during the forecast period and market is expected to reach US$ 7.43 Bn. by 2029. The report has covered Country market trends with a competitive landscape.Wearable Technology and IoT Wearable Device Market Overview:
Wearable devices like smart watches are a clear example of the Internet of Things. With the growth of the technology itself, the application base of wearable technology is expanding. Consumer electronics products, such as fitness tracker and smart watch, are some of the most popular examples of wearable technology. Apart from consumer applications, wearable technology is used in navigation devices, healthcare and advanced textiles. Wearable devices are gaining popularity due to their detection and protection capabilities.To know about the Research Methodology :- Request Free Sample Report For example, badges worn at work locations offer identification and security features that are useful for the work environment. Wearable devices may also provide biometric features, such as fingerprint recognition, to increase the protection of sensitive accounts. Badges can also provide location sensing capabilities in the event of an emergency to avoid loss of life. A wearable bracelet is more secure in order to obtain an indication of the location in the case of an emergency, since it is less likely to be left in a jacket or a handbag. The adoption of wearable devices for biometric measurements, such as heart rate, perspiration levels, to complex measurements, such as oxygen levels in the bloodstream, contributes to increased availability of these devices. With more technical development, wearable devices may also be used to track alcohol levels or any other related measurements. The ability of wearable devices to identify, store and monitor biometric values may be another fascinating possibility for these devices. Growing concerns about obesity and other chronic diseases have led to the introduction of wearable devices, such as activity trackers and body monitors, which offer real-time information on the overall health of the body. These wearable devices can provide information such as heartbeat monitoring, cholesterol levels, calorie intake; sleep quality and quantity, oxygen levels, blood pressure, and other information needed by the body for day-to-day activities. Based on product type, wearable technology and IoT wearable device market is segmented by wrist wear, eyewear, hearables, neckwear, body wear and others. Wrist wear segment dominated market due to the rising awareness of fitness programs across individuals and enterprises. Based on application, fitness and wellnessis the leading segmentto dominate the market during the forecast period due to the rising number of applications and served to the organizations. The Wearable Technology and IoT Wearable Device market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. This is due to the increased demand for wrist wear/fitness wear, health and wellness tracking applications, among others. The U.S. provides an optimal atmosphere for creativity, which has facilitated major developments in wearable technology. The Asia Pacific region is projected to register the fastest growth rate in the target market due to surge in penetration of smartphones and digitalizing the infrastructure in the region.
Wearable Technology and IoT Wearable Device Market Competitive Landscape:
The objective of the report is to present a comprehensive analysis of the Global Wearable Technology and IoT Wearable Device Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Wearable Technology and IoT Wearable Device Market dynamics, structure by analyzing the market segments and projects the Global Market size. Clear representation of competitive analysis of key players by Product Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.Scope of Global Wearable Technology and IoT Wearable Device Market: Inquire before buying
Global Wearable Technology and Iot Wearable Device Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 3.51 Bn. Forecast Period 2023 to 2029 CAGR: 11.3% Market Size in 2029: US $ 7.43 Bn. Segments Covered: by Product Wrist wear Eyewear Hearables Neckwear Body wear Others by Application Fitness and wellness Healthcare Consumer Electronics Defense Others Wearable Technology and IoT Wearable Device Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Wearable Technology and IoT Wearable Device Market Key Players are:
1. Fitbit, Inc 2. Apple, Inc 3. Xiaomi Technology Co. Ltd 4. Garmin Ltd 5. Samsung Electronics Co Ltd 6. Guangdong BBK Electronics Co Ltd 7. Misfit Inc 8. Alphabet, Inc 9. LG Electronics Inc 10.Qualcomm Technologies, Inc 11.Adidas Group 12.Sony Corporation 13.Jawbone, Inc 14.Lifesense Group 15.Others Frequently Asked questions 1. What is the market size of the Global Wearable Technology and Iot Wearable Device Market in 2022? Ans. The market size Global Market in 2022 was US$ 3.51 Billion. 2. What are the different segments of the Global Wearable Technology and Iot Wearable Device Market? Ans. The Global Market is divided into Product and Application. 3. What is the study period of this market? Ans. The Global Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Market share? Ans. The North America dominates the market share in the market. 5. What is the Forecast Period of Global Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Wearable Technology and IoT Wearable Device Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Wearable Technology and IoT Wearable Device Market: Dynamics 2.1. Wearable Technology and IoT Wearable Device Market Trends by Region 2.1.1. North America Wearable Technology and IoT Wearable Device Market Trends 2.1.2. Europe Wearable Technology and IoT Wearable Device Market Trends 2.1.3. Asia Pacific Wearable Technology and IoT Wearable Device Market Trends 2.1.4. Middle East and Africa Wearable Technology and IoT Wearable Device Market Trends 2.1.5. South America Wearable Technology and IoT Wearable Device Market Trends 2.2. Wearable Technology and IoT Wearable Device Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Wearable Technology and IoT Wearable Device Market Drivers 2.2.1.2. North America Wearable Technology and IoT Wearable Device Market Restraints 2.2.1.3. North America Wearable Technology and IoT Wearable Device Market Opportunities 2.2.1.4. North America Wearable Technology and IoT Wearable Device Market Challenges 2.2.2. Europe 2.2.2.1. Europe Wearable Technology and IoT Wearable Device Market Drivers 2.2.2.2. Europe Wearable Technology and IoT Wearable Device Market Restraints 2.2.2.3. Europe Wearable Technology and IoT Wearable Device Market Opportunities 2.2.2.4. Europe Wearable Technology and IoT Wearable Device Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Wearable Technology and IoT Wearable Device Market Drivers 2.2.3.2. Asia Pacific Wearable Technology and IoT Wearable Device Market Restraints 2.2.3.3. Asia Pacific Wearable Technology and IoT Wearable Device Market Opportunities 2.2.3.4. Asia Pacific Wearable Technology and IoT Wearable Device Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Wearable Technology and IoT Wearable Device Market Drivers 2.2.4.2. Middle East and Africa Wearable Technology and IoT Wearable Device Market Restraints 2.2.4.3. Middle East and Africa Wearable Technology and IoT Wearable Device Market Opportunities 2.2.4.4. Middle East and Africa Wearable Technology and IoT Wearable Device Market Challenges 2.2.5. South America 2.2.5.1. South America Wearable Technology and IoT Wearable Device Market Drivers 2.2.5.2. South America Wearable Technology and IoT Wearable Device Market Restraints 2.2.5.3. South America Wearable Technology and IoT Wearable Device Market Opportunities 2.2.5.4. South America Wearable Technology and IoT Wearable Device Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Wearable Technology and IoT Wearable Device Industry 2.8. Analysis of Government Schemes and Initiatives For Wearable Technology and IoT Wearable Device Industry 2.9. Wearable Technology and IoT Wearable Device Market Trade Analysis 2.10. The Global Pandemic Impact on Wearable Technology and IoT Wearable Device Market 3. Wearable Technology and IoT Wearable Device Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 3.1.1. Wrist wear 3.1.2. Eyewear 3.1.3. Hearables 3.1.4. Neckwear 3.1.5. Body wear 3.1.6. Others 3.2. Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 3.2.1. Fitness and wellness 3.2.2. Healthcare 3.2.3. Consumer Electronics 3.2.4. Defense 3.2.5. Others 3.3. Wearable Technology and IoT Wearable Device Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Wearable Technology and IoT Wearable Device Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 4.1.1. Wrist wear 4.1.2. Eyewear 4.1.3. Hearables 4.1.4. Neckwear 4.1.5. Body wear 4.1.6. Others 4.2. North America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 4.2.1. Fitness and wellness 4.2.2. Healthcare 4.2.3. Consumer Electronics 4.2.4. Defense 4.2.5. Others 4.3. North America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 4.3.1.1.1. Wrist wear 4.3.1.1.2. Eyewear 4.3.1.1.3. Hearables 4.3.1.1.4. Neckwear 4.3.1.1.5. Body wear 4.3.1.1.6. Others 4.3.1.2. United States Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Fitness and wellness 4.3.1.2.2. Healthcare 4.3.1.2.3. Consumer Electronics 4.3.1.2.4. Defense 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 4.3.2.1.1. Wrist wear 4.3.2.1.2. Eyewear 4.3.2.1.3. Hearables 4.3.2.1.4. Neckwear 4.3.2.1.5. Body wear 4.3.2.1.6. Others 4.3.2.2. Canada Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Fitness and wellness 4.3.2.2.2. Healthcare 4.3.2.2.3. Consumer Electronics 4.3.2.2.4. Defense 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 4.3.3.1.1. Wrist wear 4.3.3.1.2. Eyewear 4.3.3.1.3. Hearables 4.3.3.1.4. Neckwear 4.3.3.1.5. Body wear 4.3.3.1.6. Others 4.3.3.2. Mexico Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Fitness and wellness 4.3.3.2.2. Healthcare 4.3.3.2.3. Consumer Electronics 4.3.3.2.4. Defense 4.3.3.2.5. Others 5. Europe Wearable Technology and IoT Wearable Device Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.2. Europe Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3. Europe Wearable Technology and IoT Wearable Device Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.1.2. United Kingdom Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.2.2. France Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.3.2. Germany Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.4.2. Italy Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.5.2. Spain Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.6.2. Sweden Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.7.2. Austria Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 5.3.8.2. Rest of Europe Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Wearable Technology and IoT Wearable Device Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.2. Asia Pacific Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Wearable Technology and IoT Wearable Device Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.1.2. China Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.2.2. S Korea Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.3.2. Japan Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.4.2. India Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.5.2. Australia Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.6.2. Indonesia Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.7.2. Malaysia Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.8.2. Vietnam Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.9.2. Taiwan Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 6.3.10.2. Rest of Asia Pacific Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Wearable Technology and IoT Wearable Device Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 7.2. Middle East and Africa Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Wearable Technology and IoT Wearable Device Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 7.3.1.2. South Africa Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 7.3.2.2. GCC Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 7.3.3.2. Nigeria Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 7.3.4.2. Rest of ME&A Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 8. South America Wearable Technology and IoT Wearable Device Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 8.2. South America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 8.3. South America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 8.3.1.2. Brazil Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 8.3.2.2. Argentina Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Product (2022-2029) 8.3.3.2. Rest Of South America Wearable Technology and IoT Wearable Device Market Size and Forecast, by Application (2022-2029) 9. Global Wearable Technology and IoT Wearable Device Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Wearable Technology and IoT Wearable Device Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Fitbit, Inc 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Apple, Inc 10.3. Xiaomi Technology Co. Ltd 10.4. Garmin Ltd 10.5. Samsung Electronics Co Ltd 10.6. Guangdong BBK Electronics Co Ltd 10.7. Misfit Inc 10.8. Alphabet, Inc 10.9. LG Electronics Inc 10.10. Qualcomm Technologies, Inc 10.11. Adidas Group 10.12. Sony Corporation 10.13. Jawbone, Inc 10.14. Lifesense Group 10.15. Others 11. Key Findings 12. Industry Recommendations 13. Wearable Technology and IoT Wearable Device Market: Research Methodology 14. Terms and Glossary