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PUBLISHER: IMARC | PRODUCT CODE: 1379021
PUBLISHER: IMARC | PRODUCT CODE: 1379021
Wearable Technology Market Report by Product (Wrist-Wear, Eye-Wear and Head-Wear, Foot-Wear, Neck-Wear, Body-Wear, and Others), Application (Consumer Electronics, Healthcare, Enterprise and Industrial Application, and Others), and Region 2023-2028
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PAGES: 140 Pages
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Abstract
The global wearable technology market size reached US$ 56.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 125.8 Billion by 2028, exhibiting a growth rate (CAGR) of 14.4% during 2022-2028.
Wearable technology is an advanced technological solution used in electronic devices, or gadgets, that can be comfortably worn on the body to track real-time biometric information. These devices can also be embedded into the clothing or implanted in the user's body. Some of the commonly used devices integrated with wearable technology include smartwatches, head-mounted displays, smart jewelry, implantable devices and fitness trackers that enable the wearer to track pulse rate, heart rate, steps and sleep hours. These gadgets are hands-free and use microprocessors and sensors to receive and track information in real-time.
Global Wearable Technology Market Trends:
Significant growth in the healthcare industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, increasing consumer preference for sleek and compact health and fitness devices is providing a thrust to the market growth. They are used for monitoring the patients under intensive care and as prompt warning systems for the virus infection. Additionally, various product innovations, such as the integration of connected devices with the Internet of Things (IoT), artificial intelligence (AI) and virtual reality (VR), are acting as other growth-inducing factors. Product manufacturers are also developing next-generation displays and miniaturized sensors, which are used in head-mounted displays for high-end gaming and virtual and mixed reality experiences. Other factors, including rising expenditure capacities of the consumers, along with the widespread adoption of wearable devices among professional athletes and recreational fitness enthusiasts, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global wearable technology market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
Wrist-Wear
Eye-Wear and Head-Wear
Foot-Wear
Neck-Wear
Body-Wear
Others
Breakup by Application:
Consumer Electronics
Healthcare
Enterprise and Industrial Application
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alphabet Inc, Apple Inc., Garmin Ltd., HTC Corporation, Huawei Technologies Co. Ltd, Intel Corporation, Microsoft Corporation, Qualcomm Incorporated, Samsung Electronics Co. Ltd. and Sony Corporation.
Key Questions Answered in This Report
- 1. How big is the wearable technology market?
- 2. What is the expected growth rate of the global wearable technology market during 2023-2028?
- 3. What are the trends in the wearable market?
- 4. What is the most popular wearable technology currently?
- 5. What has been the impact of COVID-19 on the global wearable technology market?
- 6. What is the breakup of the global wearable technology market based on the product?
- 7. What is the breakup of the global wearable technology market based on the application?
- 8. What are the key regions in the global wearable technology market?
- 9. Who are the key players/companies in the global wearable technology market?
Product Code: SR112023A3843
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Wearable Technology Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Wrist-Wear
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Eye-Wear and Head-Wear
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Foot-Wear
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Neck-Wear
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Body-Wear
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Consumer Electronics
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Healthcare
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Enterprise and Industrial Application
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Alphabet Inc
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Apple Inc.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 Garmin Ltd.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 HTC Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.5 Huawei Technologies Co. Ltd
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 Intel Corporation
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Microsoft Corporation
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Qualcomm Incorporated
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.8.4 SWOT Analysis
- 13.3.9 Samsung Electronics Co. Ltd.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.10 Sony Corporation
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.1 Alphabet Inc
Product Code: SR112023A3843
List of Figures
- Figure 1: Global: Wearable Technology Market: Major Drivers and Challenges
- Figure 2: Global: Wearable Technology Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Wearable Technology Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Wearable Technology Market: Breakup by Product (in %), 2022
- Figure 5: Global: Wearable Technology Market: Breakup by Application (in %), 2022
- Figure 6: Global: Wearable Technology Market: Breakup by Region (in %), 2022
- Figure 7: Global: Wearable Technology (Wrist-Wear) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Wearable Technology (Wrist-Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Wearable Technology (Eye-Wear and Head-Wear) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Wearable Technology (Eye-Wear and Head-Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Wearable Technology (Foot-Wear) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Wearable Technology (Foot-Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Wearable Technology (Neck-Wear) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Wearable Technology (Neck-Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Wearable Technology (Body-Wear) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Wearable Technology (Body-Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Wearable Technology (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Wearable Technology (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Wearable Technology (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Wearable Technology (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Wearable Technology (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Wearable Technology (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Wearable Technology (Enterprise and Industrial Application) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Wearable Technology (Enterprise and Industrial Application) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Wearable Technology (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Wearable Technology (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: North America: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: North America: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: United States: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: United States: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Canada: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Canada: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Asia-Pacific: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Asia-Pacific: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: China: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: China: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Japan: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Japan: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: India: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: India: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: South Korea: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: South Korea: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Australia: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Australia: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Indonesia: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Indonesia: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Others: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Others: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: Europe: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: Europe: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Germany: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Germany: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: France: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: France: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: United Kingdom: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: United Kingdom: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Italy: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Italy: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Spain: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Spain: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Russia: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Russia: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Others: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Others: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Latin America: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Latin America: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Brazil: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Brazil: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Mexico: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Mexico: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Others: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Others: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Middle East and Africa: Wearable Technology Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Middle East and Africa: Wearable Technology Market: Breakup by Country (in %), 2022
- Figure 75: Middle East and Africa: Wearable Technology Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Global: Wearable Technology Industry: SWOT Analysis
- Figure 77: Global: Wearable Technology Industry: Value Chain Analysis
- Figure 78: Global: Wearable Technology Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Wearable Technology Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Wearable Technology Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Wearable Technology Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Wearable Technology Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Wearable Technology Market: Competitive Structure
- Table 6: Global: Wearable Technology Market: Key Players
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