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Wearable Technology Forecasts: 2016 – 2030

November 2016 | | ID: WA47D7F81D7EN
SNS Telecom & IT

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While wearable technology has been utilized in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community. Key enabling technologies including low cost sensors, wireless connectivity, active materials and energy have converged to make wearable technology mainstream.

With the continued miniaturization of enabling technologies, wearable devices have hit the mass market in a diverse variety of form factors, ranging from glasses to even jewelry.

Driven by the ability to interconnect with key modern trends of healthcare, fitness, messaging and socialization, the wearable technology ecosystem is attracting significant levels of interest. Companies as varied as smartphone OEMs, mobile operators, health insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a stake.

SNS Research estimates that wearable device shipments will grow at a CAGR of 29% between 2016 and 2020. By 2020, wearable devices will represent a market worth $40 Billion with over 240 Million annual unit shipments.

The “Wearable Technology Forecasts: 2016 – 2030” datasheet presents comprehensive forecasts for wearable device shipments and revenue from 2016 till 2030, covering 7 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries. Historical figures are also presented for 2015.
Forecast Segmentation
Market forecasts on are provided for each of the following submarkets and their subcategories:
Vertical Submarkets
  Consumer
  Healthcare
  Professional Sports
  Retail & Hospitality
  Military
  Public Safety
  Others
Form Factor Submarkets
  Smart Bands
  Smart Watches
  Smart Glasses
  Smart Clothing
  Smart Jewelry
  Heads-up Displays
  Others
Regional Markets
  Asia Pacific
  Eastern Europe
  Latin & Central America
  Middle East & Africa
  North America
  Western Europe
Country Markets
  Algeria
  Argentina
  Australia
  Austria
  Bangladesh
  Belarus
  Belgium
  Bolivia
  Bosnia & Herzegovina
  Brazil
  Bulgaria
  Canada
  Chile
  China
  Colombia
  Croatia
  Czech Republic
  Denmark
  Ecuador
  Egypt
  Finland
  France
  Germany
  Greece
  Hong Kong
  Hungary
  India
  Indonesia
  Ireland
  Israel
  Italy
  Japan
  Kenya
  Luxembourg
  Malaysia
  Mexico
  Morocco
  Netherlands
  New Zealand
  Nigeria
  Norway
  Pakistan
  Paraguay
  Peru
  Philippines
  Poland
  Portugal
  Qatar
  Romania
  Russia
  Saudi Arabia
  Serbia
  Singapore
  Slovakia
  South Africa
  South Korea
  Spain
  Sudan
  Sweden
  Switzerland
  Taiwan
  Tanzania
  Thailand
  Tunisia
  Turkey
  UAE
  UK
  Ukraine
  Uruguay
  USA
  Uzbekistan
  Venezuela
  Vietnam


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