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 capabilitiesTo 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 devicemarket is segmented by wrist wear, eyewear, hearables, neckwear, body wear and others. Wrist wear segment dominated wearable technology and IoT wearable devicemarket 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 Devicemarket 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 tosurge in penetration of smartphones and digitalizing the infrastructurein 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 Wearable Technology and IoT Wearable Device 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 Wearable Technology and IoT Wearable Device 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: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 3.15 Bn. Forecast Period 2022 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 • Europe • Asia-Pacific • ME & Africa • Latin AmericaWearable Technology and IoT Wearable Device Market Key Players are:
• Fitbit, Inc • Apple, Inc • Xiaomi Technology Co. Ltd • Garmin Ltd • Samsung Electronics Co Ltd • Guangdong BBK Electronics Co Ltd • Misfit Inc • Alphabet, Inc • LG Electronics Inc • Qualcomm Technologies, Inc • Adidas Group • Sony Corporation • Jawbone, Inc • Lifesense Group • OthersFrequently Asked questions
1. What is the market size of the Global Wearable Technology and Iot Wearable Device Market in 2021? Ans. The market size Global Wearable Technology and Iot Wearable Device Market in 2021 was US$ 3.15Billion. 2. What are the different segments of the Global Wearable Technology and Iot Wearable Device Market? Ans. The Global Wearable Technology and Iot Wearable Device Market is divided into Product and Application. 3. What is the study period of this market? Ans. The Global Wearable Technology and Iot Wearable Device Market will be studied from 2021 to 2029. 4. Which region is expected to hold the highest Global Wearable Technology and Iot Wearable Device Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Wearable Technology and Iot Wearable Device Market? Ans. The Forecast Period of the market is 2022-2029 in the market.
Global Wearable Technology and IoT Wearable Device Market
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Wearable Technology and IoT Wearable Device Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Wearable Technology and IoT Wearable Device Market Analysis and Forecast 7. Global Wearable Technology and IoT Wearable Device Market Analysis and Forecast, by Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Wearable Technology and IoT Wearable Device Market Value Share Analysis, by Product Type 7.4. Global Wearable Technology and IoT Wearable Device Market Size (US$ Mn) Forecast, by Product Type 7.5. Global Wearable Technology and IoT Wearable Device Market Analysis, by Product Type 7.6. Global Wearable Technology and IoT Wearable Device Market Attractiveness Analysis, by Product Type 8. Global Wearable Technology and IoT Wearable Device Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Wearable Technology and IoT Wearable Device Market Value Share Analysis, by Application 8.4. Global Wearable Technology and IoT Wearable Device Market Size (US$ Mn) Forecast, by Application 8.5. Global Wearable Technology and IoT Wearable Device Market Analysis, by Application 8.6. Global Wearable Technology and IoT Wearable Device Market Attractiveness Analysis, by Application 9. Global Wearable Technology and IoT Wearable Device Market Analysis and Forecast, by Region 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Wearable Technology and IoT Wearable Device Market Value Share Analysis, by Region 9.4. Global Wearable Technology and IoT Wearable Device Market Size (US$ Mn) Forecast, by Region 9.5. Global Wearable Technology and IoT Wearable Device Market Analysis, by Region 10. Global Wearable Technology and IoT Wearable Device Market Analysis 10.1. Key Findings 10.2. Global Wearable Technology and IoT Wearable Device Market Overview 10.3. Global Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 10.3.1. Wrist wear 10.3.2. Eyewear 10.3.3. Hearables 10.3.4. Neckwear 10.3.5. Body wear 10.3.6. Others 10.4. Global Wearable Technology and IoT Wearable Device Market Forecast, by Application 10.4.1. Fitness and wellness 10.4.2. Healthcare 10.4.3. Consumer Electronics 10.4.4. Defense 10.4.5. Others 10.5. Global Wearable Technology and IoT Wearable Device Market Forecast, by Region 10.5.1. North America 10.5.2. Europe 10.5.3. Asia-Pacific 10.5.4. ME & Africa 10.5.5. Latin America 10.6. PEST Analysis 10.7. Key Trends 10.8. Key Developments 11. NorthAmerica Wearable Technology and IoT Wearable Device Market Analysis 11.1. Key Findings 11.2. NorthAmerica Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 11.2.1. Wrist wear 11.2.2. Eyewear 11.2.3. Hearables 11.2.4. Neckwear 11.2.5. Body wear 11.2.6. Others 11.3. NorthAmerica Wearable Technology and IoT Wearable Device Market Forecast, by Application 11.3.1. Fitness and wellness 11.3.2. Healthcare 11.3.3. Consumer Electronics 11.3.4. Defense 11.3.5. Others 11.4. NorthAmerica Wearable Technology and IoT Wearable Device Market Forecast, by Country 11.4.1. US 11.4.2. Canada 11.5. US Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 11.5.1. Wrist wear 11.5.2. Eyewear 11.5.3. Hearables 11.5.4. Neckwear 11.5.5. Body wear 11.5.6. Others 11.6. US Wearable Technology and IoT Wearable Device Market Forecast, by Application 11.6.1. Fitness and wellness 11.6.2. Healthcare 11.6.3. Consumer Electronics 11.6.4. Defense 11.6.5. Others 11.7. Canada Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 11.7.1. Wrist wear 11.7.2. Eyewear 11.7.3. Hearables 11.7.4. Neckwear 11.7.5. Body wear 11.7.6. Others 11.8. Canada Wearable Technology and IoT Wearable Device Market Forecast, by Application 11.8.1. Fitness and wellness 11.8.2. Healthcare 11.8.3. Consumer Electronics 11.8.4. Defense 11.8.5. Others 11.9. PEST Analysis 11.10. Key Trends 11.11. Key Developments 12. Europe Wearable Technology and IoT Wearable Device Market Analysis 12.1. Key Findings 12.2. Europe Wearable Technology and IoT Wearable Device Market Overview 12.3. Europe Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.3.1. Wrist wear 12.3.2. Eyewear 12.3.3. Hearables 12.3.4. Neckwear 12.3.5. Body wear 12.3.6. Others 12.4. Europe Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.4.1. Fitness and wellness 12.4.2. Healthcare 12.4.3. Consumer Electronics 12.4.4. Defense 12.4.5. Others 12.5. Europe Wearable Technology and IoT Wearable Device Market Forecast, by Country 12.5.1. UK 12.5.2. France 12.5.3. Germany 12.5.4. Russia 12.5.5. Italy 12.5.6. Rest of Europe 12.6. UK Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.6.1. Wrist wear 12.6.2. Eyewear 12.6.3. Hearables 12.6.4. Neckwear 12.6.5. Body wear 12.6.6. Others 12.7. UK Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.7.1. Fitness and wellness 12.7.2. Healthcare 12.7.3. Consumer Electronics 12.7.4. Defense 12.7.5. Others 12.8. France Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.8.1. Wrist wear 12.8.2. Eyewear 12.8.3. Hearables 12.8.4. Neckwear 12.8.5. Body wear 12.8.6. Others 12.9. France Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.9.1. Fitness and wellness 12.9.2. Healthcare 12.9.3. Consumer Electronics 12.9.4. Defense 12.9.5. Others 12.10. Germany Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.10.1. Wrist wear 12.10.2. Eyewear 12.10.3. Hearables 12.10.4. Neckwear 12.10.5. Body wear 12.10.6. Others 12.11. Germany Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.11.1. Fitness and wellness 12.11.2. Healthcare 12.11.3. Consumer Electronics 12.11.4. Defense 12.11.5. Others 12.12. Russia Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.12.1. Wrist wear 12.12.2. Eyewear 12.12.3. Hearables 12.12.4. Neckwear 12.12.5. Body wear 12.12.6. Others 12.13. Russia Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.13.1. Fitness and wellness 12.13.2. Healthcare 12.13.3. Consumer Electronics 12.13.4. Defense 12.13.5. Others 12.14. Italy Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.14.1. Wrist wear 12.14.2. Eyewear 12.14.3. Hearables 12.14.4. Neckwear 12.14.5. Body wear 12.14.6. Others 12.15. Italy Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.15.1. Fitness and wellness 12.15.2. Healthcare 12.15.3. Consumer Electronics 12.15.4. Defense 12.15.5. Others 12.16. Rest of Europe Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 12.16.1. Wrist wear 12.16.2. Eyewear 12.16.3. Hearables 12.16.4. Neckwear 12.16.5. Body wear 12.16.6. Others 12.17. Rest of Europe Wearable Technology and IoT Wearable Device Market Forecast, by Application 12.17.1. Fitness and wellness 12.17.2. Healthcare 12.17.3. Consumer Electronics 12.17.4. Defense 12.17.5. Others 12.18. PEST Analysis 12.19. Key Trends 12.20. Key Developments 13. AsiaPacific Wearable Technology and IoT Wearable Device Market Analysis 13.1. Key Findings 13.2. AsiaPacific Wearable Technology and IoT Wearable Device Market Overview 13.3. AsiaPacific Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.3.1. Wrist wear 13.3.2. Eyewear 13.3.3. Hearables 13.3.4. Neckwear 13.3.5. Body wear 13.3.6. Others 13.4. AsiaPacific Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.4.1. Fitness and wellness 13.4.2. Healthcare 13.4.3. Consumer Electronics 13.4.4. Defense 13.4.5. Others 13.5. AsiaPacific Wearable Technology and IoT Wearable Device Market Forecast, by Country 13.5.1. China 13.5.2. India 13.5.3. Japan 13.5.4. Malaysia 13.5.5. Indonesia 13.5.6. Rest of Asia-Pacific 13.6. China Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.6.1. Wrist wear 13.6.2. Eyewear 13.6.3. Hearables 13.6.4. Neckwear 13.6.5. Body wear 13.6.6. Others 13.7. China Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.7.1. Fitness and wellness 13.7.2. Healthcare 13.7.3. Consumer Electronics 13.7.4. Defense 13.7.5. Others 13.8. India Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.8.1. Wrist wear 13.8.2. Eyewear 13.8.3. Hearables 13.8.4. Neckwear 13.8.5. Body wear 13.8.6. Others 13.9. India Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.9.1. Fitness and wellness 13.9.2. Healthcare 13.9.3. Consumer Electronics 13.9.4. Defense 13.9.5. Others 13.10. Japan Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.10.1. Wrist wear 13.10.2. Eyewear 13.10.3. Hearables 13.10.4. Neckwear 13.10.5. Body wear 13.10.6. Others 13.11. Japan Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.11.1. Fitness and wellness 13.11.2. Healthcare 13.11.3. Consumer Electronics 13.11.4. Defense 13.11.5. Others 13.12. Indonesia Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.12.1. Wrist wear 13.12.2. Eyewear 13.12.3. Hearables 13.12.4. Neckwear 13.12.5. Body wear 13.12.6. Others 13.13. Indonesia Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.13.1. Fitness and wellness 13.13.2. Healthcare 13.13.3. Consumer Electronics 13.13.4. Defense 13.13.5. Others 13.14. Malaysia Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.14.1. Wrist wear 13.14.2. Eyewear 13.14.3. Hearables 13.14.4. Neckwear 13.14.5. Body wear 13.14.6. Others 13.15. Malaysia Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.15.1. Fitness and wellness 13.15.2. Healthcare 13.15.3. Consumer Electronics 13.15.4. Defense 13.15.5. Others 13.16. Rest of AsiaPacific Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 13.16.1. Wrist wear 13.16.2. Eyewear 13.16.3. Hearables 13.16.4. Neckwear 13.16.5. Body wear 13.16.6. Others 13.17. Rest of AsiaPacific Wearable Technology and IoT Wearable Device Market Forecast, by Application 13.17.1. Fitness and wellness 13.17.2. Healthcare 13.17.3. Consumer Electronics 13.17.4. Defense 13.17.5. Others 13.18. Others PEST Analysis 13.19. Key Trends 13.20. Key Developments 14. ME & Africa Wearable Technology and IoT Wearable Device Market Analysis 14.1. Key Findings 14.2. ME & Africa Wearable Technology and IoT Wearable Device Market Overview 14.3. ME & Africa Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 14.3.1. Wrist wear 14.3.2. Eyewear 14.3.3. Hearables 14.3.4. Neckwear 14.3.5. Body wear 14.3.6. Others 14.4. ME & Africa Wearable Technology and IoT Wearable Device Market Forecast, by Application 14.4.1. Fitness and wellness 14.4.2. Healthcare 14.4.3. Consumer Electronics 14.4.4. Defense 14.4.5. Others 14.5. ME &Africa Wearable Technology and IoT Wearable Device Market Forecast, by Country 14.5.1. GCC 14.5.2. South Africa 14.5.3. Rest of ME & Africa 14.6. GCC Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 14.6.1. Wrist wear 14.6.2. Eyewear 14.6.3. Hearables 14.6.4. Neckwear 14.6.5. Body wear 14.6.6. Others 14.7. GCC Wearable Technology and IoT Wearable Device Market Forecast, by Application 14.7.1. Fitness and wellness 14.7.2. Healthcare 14.7.3. Consumer Electronics 14.7.4. Defense 14.7.5. Others 14.8. South Africa Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 14.8.1. Wrist wear 14.8.2. Eyewear 14.8.3. Hearables 14.8.4. Neckwear 14.8.5. Body wear 14.8.6. Others 14.9. South Africa Wearable Technology and IoT Wearable Device Market Forecast, by Application 14.9.1. Fitness and wellness 14.9.2. Healthcare 14.9.3. Consumer Electronics 14.9.4. Defense 14.9.5. Others 14.10. Rest of ME &Africa Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 14.10.1. Wrist wear 14.10.2. Eyewear 14.10.3. Hearables 14.10.4. Neckwear 14.10.5. Body wear 14.10.6. Others 14.11. Rest of ME &Africa Wearable Technology and IoT Wearable Device Market Forecast, by Application 14.11.1. Fitness and wellness 14.11.2. Healthcare 14.11.3. Consumer Electronics 14.11.4. Defense 14.11.5. Others 14.12. PEST Analysis 14.13. Key Trends 14.14. Key Developments 15. Latin America Wearable Technology and IoT Wearable Device Market Analysis 15.1. Key Findings 15.2. Latin America Wearable Technology and IoT Wearable Device Market Overview 15.3. Latin America Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 15.3.1. Wrist wear 15.3.2. Eyewear 15.3.3. Hearables 15.3.4. Neckwear 15.3.5. Body wear 15.3.6. Others 15.4. Latin America Wearable Technology and IoT Wearable Device Market Forecast, by Application 15.4.1. Fitness and wellness 15.4.2. Healthcare 15.4.3. Consumer Electronics 15.4.4. Defense 15.4.5. Others 15.5. Latin America Wearable Technology and IoT Wearable Device Market Forecast, by Country 15.5.1. Mexico 15.5.2. Brazil 15.5.3. Rest of Latin America 15.6. Mexico Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 15.6.1. Wrist wear 15.6.2. Eyewear 15.6.3. Hearables 15.6.4. Neckwear 15.6.5. Body wear 15.6.6. Others 15.7. Mexico Wearable Technology and IoT Wearable Device Market Forecast, by Application 15.7.1. Fitness and wellness 15.7.2. Healthcare 15.7.3. Consumer Electronics 15.7.4. Defense 15.7.5. Others 15.8. Brazil Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 15.8.1. Wrist wear 15.8.2. Eyewear 15.8.3. Hearables 15.8.4. Neckwear 15.8.5. Body wear 15.8.6. Others 15.9. Brazil Wearable Technology and IoT Wearable Device Market Forecast, by Application 15.9.1. Fitness and wellness 15.9.2. Healthcare 15.9.3. Consumer Electronics 15.9.4. Defense 15.9.5. Others 15.10. Rest of Latin America Wearable Technology and IoT Wearable Device Market Forecast, by Product Type 15.10.1. Wrist wear 15.10.2. Eyewear 15.10.3. Hearables 15.10.4. Neckwear 15.10.5. Body wear 15.10.6. Others 15.11. Rest of Latin America Wearable Technology and IoT Wearable Device Market Forecast, by Application 15.11.1. Fitness and wellness 15.11.2. Healthcare 15.11.3. Consumer Electronics 15.11.4. Defense 15.11.5. Others 15.12. PEST Analysis 15.13. Key Trends 15.14. Key Developments 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Market Share Analysis, by Region 16.3. Market Share Analysis, by Country 16.4. Competition Matrix 16.4.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.4.2. New Product Launches and ProductEnhancements 16.4.2.1. Market Consolidation 16.4.2.2. M&A by Regions, Investment and Applications 16.4.2.3. M&A Key Players, Forward Integration and Backward Integration 16.5. Company Profiles: Key Players 16.5.1. Fitbit, Inc 16.5.2. Apple, Inc 16.5.3. Xiaomi Technology Co. Ltd 16.5.4. Garmin Ltd 16.5.5. Samsung Electronics Co Ltd 16.5.6. Guangdong BBK Electronics Co Ltd 16.5.7. Misfit Inc 16.5.8. Alphabet, Inc 16.5.9. LG Electronics Inc 16.5.10. Qualcomm Technologies, Inc 16.5.11. Adidas Group 16.5.12. Sony Corporation 16.5.13. Jawbone, Inc 16.5.14. Lifesense Group 16.5.15. Others 17. Primary Key Insights.