Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Mind Commerce | PRODUCT CODE: 1058052

Cover Image

PUBLISHER: Mind Commerce | PRODUCT CODE: 1058052

Wearable Technology Market by Device Type, Sector (Consumer, Enterprise, Industrial, and Government), Industry Verticals, Applications, Solutions, and Managed Services 2022 - 2027

PUBLISHED:
PAGES: 221 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
PDF (Single User License)
USD 2500
PDF (2 - 5 User License)
USD 3000
PDF (Enterprise Site License)
USD 4500
PDF (Global Enterprise License)
USD 5000

Add to Cart

Overview:

This report evaluates the current state of the wearable technology ecosystem including devices, applications, and industry segments. The report addresses wearables in consumer and business with consideration towards enterprise, industrial, and government use cases, key challenges, market players, and solutions. The report also provides an outlook for the future of wearable technology with forecasts for the period 2022 to 2027.

Select Report Findings:

  • North America and South America are the largest and fastest-growing markets respectively
  • Wearable technology data as a managed service will reach $462 million USD globally by 2027
  • Leading industries for wearable technology will be healthcare, sports and fitness, and manufacturing
  • While the fastest growing area within the enterprise, hospitality services will remain a small fraction of the market
  • Driven by manufacturing, the industrial sector in Europe is anticipated to represent over $2.38 billion by 2027

Wearable technology presents the potential for massive transformation in many industries. The more obvious ones include consumer electronics and communications. Early adopter industries include clothing, healthcare, sports, and fitness. However, we see many industries adopting wearable technologies as computing and wireless communications integrate wearable into virtually every aspect of products and services.

At the consumer level, increased perception of value and willingness to engage in wearable tech apps and services is building as new forms of communications, content, applications, and commerce become available.

As WiFi6 is increasingly deployed in various public venues such as train stations and airports, companies will offer virtual reality as a means of infotainment and advertising, which will drive wearable technology sales and rentals. In addition, new consumer users of immersive technology will drive the adoption and usage of wearable technology due to improved portability and mobility associated with 5G.

We see several factors converging to facilitate wearable technology integration including expanded wireless capacity due to pervasive wireless (WiFi6, LTE, and 5G) and the need for wireless companies to establish new revenue streams, continuously decreasing cost of data, and the significant backing from huge companies including Google, Apple, and others. We also anticipate significant wearable tech developments in key technologies such as augmented reality, virtual reality, and next-generation telepresence.

In terms of wearable technology in healthcare and personal assistance, the third-generation Oura Ring, which was unveiled in November 2021, offers the unique ability to measure minute changes in body temperature to help women accurately predict their menstrual cycles and potentially detect when a person is getting sick.

Regarding wearable technology evolution, Mind Commerce sees body area networks becoming a larger factor along with IoT integration involving sensors and haptic interfaces to provide a feedback loop that provides ambient awareness, increased performance, and user satisfaction for many immersive technology applications.

Companies in Report:

  • 3L Labs
  • 4iiii Innovations Inc.
  • ActiveLinxx LLC
  • Actofit Wearables
  • Adidas America Inc.
  • Alphabet Inc.
  • Apple Inc.
  • Athos
  • Atlas Wearables Inc.
  • Augmedix
  • Avegant Corp.
  • BBK Electronics Industry Co. Ltd
  • Brain Scientific
  • BSX Insight
  • Casio America Inc.
  • ConnectDevice Holding Ltd.
  • DAQRI
  • EarlySense
  • FitBit Inc. (Google)
  • Foxtel
  • Free Wavz
  • Fujitsu
  • Garmin Ltd.
  • Glofaster
  • GOQii
  • HTC
  • Huawei Technologies Co. Ltd.
  • Hövding
  • iHealth Labs Inc.
  • Instabeat
  • Intel Corporation
  • Jaybird
  • Johnson & Johnson
  • Jumpy
  • Koninklijke Philips N.V
  • Leapfrog Enterprises Inc.
  • LG Electronics
  • LifeBEAM Inc.
  • Lifesense Group B.V.
  • Magic Leap
  • Matrix Industries
  • Medtronic PLC
  • Meta Company
  • Meta Vision
  • Microsoft
  • Misfit
  • Monster Inc.
  • Motorola
  • Neurotech
  • Nike Inc.
  • North
  • NTT Docomo Inc.
  • o-synce
  • Oculus (Facebook)
  • Ocutrx
  • PAI Health
  • Pebble
  • Polar Electro
  • Proteus
  • Qardio Inc.
  • Qualcomm Inc.
  • RealWear
  • Recon Instruments
  • Reebok International Limited
  • Roche Holding AG
  • Samsung Electronics Co. Ltd.
  • Seiko Epson Corp.
  • ShotTracker
  • Smiths Group plc
  • Sony Corporation
  • Soundbrenner Limited
  • Sqord Inc.
  • Stanford Biology
  • StarVR Corp
  • Suunto
  • Timex.com Inc.
  • Tlink
  • Tobii AB
  • Vivalnk
  • Vuzix
  • Weartrons Labs
  • Westunitis
  • WizardWatch
  • Xensr
  • Xiaomi Technology Co. Ltd.
  • Zepp US Inc.
  • ZTE Corporation

Table of Contents

1.0. Executive Summary

2.0. Introduction

  • 2.1. Wearable Technology Overview
  • 2.2. Wearable Technology Market: Demand vs. Supply Side
  • 2.3. Wearable Technology Market Opportunities
  • 2.4. Wearable Technology Market Constraints
    • 2.4.1. Design Constraints
    • 2.4.2. High Power Consumption
    • 2.4.3. High Investment Cost and High Price
    • 2.4.4. Lack Network Security and Data Privacy
    • 2.4.5. Usage Restrictions

3.0. Wearable Technology and Solution Analysis

  • 3.1. Wearable Technology Devices and Applications
    • 3.1.1. Personal Health and Fitness Management
      • 3.1.1.1. Activity Trackers
      • 3.1.1.2. GPS Monitoring
      • 3.1.1.3. Other Wearable Devices
    • 3.1.2. Personal Health Insurance
    • 3.1.3. Prevention, Diagnosis, and Management of Disease
    • 3.1.4. Healthcare and Medical Devices
    • 3.1.5. Sports Performance Enhancement
      • 3.1.5.1. Sport Brands
      • 3.1.5.2. Textiles and Footwear
      • 3.1.5.3. Devices for Particular Sports
      • 3.1.5.4. Wearable Chemical Sensors
      • 3.1.5.5. Concussion Detection
      • 3.1.5.6. Objective Refereeing
  • 3.2. Wearable Technology in Select Enterprise Verticals
    • 3.2.1. Smart Workplace
    • 3.2.2. Manufacturing
    • 3.2.3. Healthcare and Medical
    • 3.2.4. Other Enterprise Verticals
  • 3.3. Wearables in an Enterprise Cloud Environment
  • 3.4. Wearable Technology Adoption Factors
    • 3.4.1. Enterprise Adoption Challenges
    • 3.4.2. Industry Specific Factors
  • 3.5. Wearable Device and Data Access Factors
  • 3.6. Wearable Technology Growth Considerations
    • 3.6.1. Continued Growth in Fitness and Health
    • 3.6.2. Importance of Aesthetics
    • 3.6.3. Beyond Glasses, Fitness Bands, and Watches
    • 3.6.4. Ambient Internet of Things Impact on Wearables
    • 3.6.5. Wearables, Data, and Analytics
    • 3.6.6. Continued Downward Price Pressure
    • 3.6.7. Expanding to Enterprise and Workplace
  • 3.7. Wearable Technology Key Success Factors
  • 3.8. Evolution of the Wearable Tech Ecosystem
  • 3.9. Wearable Technology and Gaming
  • 3.10. Wearable Technology in Marketing and Advertising
  • 3.11. Advancements in Flexible Sensors and Nanosensors

4.0. Wearable Technology Company Analysis

  • 4.1. Xiaomi Technology Co. Ltd.
  • 4.2. BBK Electronics Industry Co. Ltd
  • 4.3. Alphabet Inc.
  • 4.4. Lifesense Group B.V.
  • 4.5. Johnson & Johnson
  • 4.6. Smiths Group plc
  • 4.7. Roche Holding AG
  • 4.8. Apple Inc.
  • 4.9. Westunitis
  • 4.10. Matrix Industries
  • 4.11. Atlas Wearables Inc.
  • 4.12. Athos
  • 4.13. Ocutrx
  • 4.14. Augmedix
  • 4.15. Koninklijke Philips N.V
  • 4.16. Qualcomm Inc.
  • 4.17. Medtronic PLC
  • 4.18. 3L Labs
  • 4.19. 4iiii Innovations Inc.
  • 4.20. Adidas America Inc.
  • 4.21. Avegant Corp.
  • 4.22. BSX Insight
  • 4.23. Casio America Inc.
  • 4.24. ConnectDevice Holding Ltd.
  • 4.25. DAQRI
  • 4.26. Seiko Epson Corp.
  • 4.27. FitBit Inc. (Google)
  • 4.28. RealWear
  • 4.29. EarlySense
  • 4.30. Brain Scientific
  • 4.31. Neurotech
  • 4.32. WizardWatch
  • 4.33. Magic Leap
  • 4.34. Vivalnk
  • 4.35. HTC
  • 4.36. Microsoft
  • 4.37. Proteus
  • 4.38. Stanford Biology
  • 4.39. ActiveLinxx LLC
  • 4.40. Foxtel
  • 4.41. Free Wavz
  • 4.42. Fujitsu
  • 4.43. Garmin Ltd.
  • 4.44. Glofaster
  • 4.45. GOQii
  • 4.46. Hövding
  • 4.47. Huawei Technologies Co. Ltd.
  • 4.48. iHealth Labs Inc.
  • 4.49. StarVR Corp
  • 4.50. Instabeat
  • 4.51. Intel Corporation
  • 4.52. Jaybird
  • 4.53. Jumpy
  • 4.54. Leapfrog Enterprises Inc.
  • 4.55. LG Electronics
  • 4.56. LifeBEAM Inc.
  • 4.57. Meta Company
  • 4.58. PAI Health
  • 4.59. Misfit
  • 4.60. Monster Inc.
  • 4.61. Motorola
  • 4.62. Nike Inc.
  • 4.63. NTT Docomo Inc.
  • 4.64. Oculus VR LLC
  • 4.65. o-synce
  • 4.66. Actofit Wearables
  • 4.67. Pebble
  • 4.68. Polar Electro
  • 4.69. Qardio Inc.
  • 4.70. Recon Instruments
  • 4.71. Reebok International Limited
  • 4.72. Samsung Electronics Co. Ltd.
  • 4.73. ShotTracker
  • 4.74. Sony Corporation
  • 4.75. Soundbrenner Limited
  • 4.76. Sqord Inc.
  • 4.77. Suunto
  • 4.78. North
  • 4.79. Timex.com Inc.
  • 4.80. Tlink
  • 4.81. Tobii AB
  • 4.82. Vuzix
  • 4.83. Weartrons Labs
  • 4.84. Xensr
  • 4.85. Zepp US Inc.
  • 4.86. ZTE Corporation

5.0. Global Wearable Market Analysis and Forecasts 2022-2027

  • 5.1. Wearables Market by Unit Sales vs. Revenue 2022-2027
  • 5.2. Wearables by Device Type 2022-2027
  • 5.3. Wearable Applications 2022-2027
  • 5.4. Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022-2027
  • 5.5. Wearables by Industry 2022-2027
  • 5.6. Wearables by Components 2022-2027
  • 5.7. Managed Services for Wearables Devices 2022-2027
  • 5.8. Wearables Market by Region 2022-2027
  • 5.9. North America Wearables by Device Type 2022-2027
  • 5.10. North America Wearable Applications 2022-2027
  • 5.11. North America Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022-2027
  • 5.12. North America Wearables by Industry 2022-2027
  • 5.13. North America Wearables Market by Country 2022-2027
  • 5.14. South America Wearables by Device Type 2022-2027
  • 5.15. South America Wearable Applications 2022-2027
  • 5.16. South America Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022-2027
  • 5.17. South America Wearables by Industry 2022-2027
  • 5.18. South America Wearables Market by Country 2022-2027
  • 5.19. Europe Wearables by Device Type 2022-2027
  • 5.20. Europe Wearable Applications 2022-2027
  • 5.21. Europe Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022-2027
  • 5.22. Europe Wearables by Industry 2022-2027
  • 5.23. Europe Wearables Market by Country 2022-2027
  • 5.24. Asia Pacific Wearables by Device Type 2022-2027
  • 5.25. Asia Pacific Wearables Applications 2022-2027
  • 5.26. Asia Pacific Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022-2027
  • 5.27. Asia Pacific Wearables by Industry 2022-2027
  • 5.28. Asia Pacific Wearables Market by Country 2022-2027
  • 5.29. Middle East and Africa Wearables by Device Type 2022-2027
  • 5.30. Middle East and Africa Wearable Applications 2022-2027
  • 5.31. Middle East and Africa Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022-2027
  • 5.32. Middle East and Africa Wearables by Industry 2022-2027
  • 5.33. Middle East and Africa Wearables Market by Country 2022-2027

6.0. Conclusions and Recommendations

Figures

  • Figure 1: Wearable Technology to Human Body
  • Figure 2: Wearable Technology Ecosystem
  • Figure 3: IoT Dashboard and Wearable Technology
  • Figure 4: Smartphone Alert of Blocked IoT Connection Attempt
  • Figure 5: Smart Watch Alert of Blocked IoT Connection Attempt
  • Figure 6: Wearable Technology Communication Evolution
  • Figure 7: Wearable Advertising and "Pay per Gaze"
  • Figure 8: Wearable Advertising and "Pay per Emotion"
  • Figure 9: Wearable Unit Sales vs. Revenue 2022 - 2027
  • Figure 10: Wearables by Device Type 2022 - 2027
  • Figure 11: Wearables by Device Type Revenue 2022 - 2027
  • Figure 12: Wearable Applications 2022 - 2027
  • Figure 13: Wearable Applications Revenue 2022 - 2027
  • Figure 14: Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Figure 15: Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Figure 16: Wearables by Industry 2022 - 2027
  • Figure 17: Wearables by Industry Revenue 2022 - 2027
  • Figure 18: Wearables by Components 2022 - 2027
  • Figure 19: Managed Services for Wearables Devices 2022 - 2027
  • Figure 20: Wearables Market by Region 2022 - 2027
  • Figure 21: Wearables Market by Regional Revenue 2022 - 2027
  • Figure 22: North America Wearables by Device Type 2022 - 2027
  • Figure 23: North America Wearables by Device Type Revenue 2022 - 2027
  • Figure 24: North America Wearable Applications 2022 - 2027
  • Figure 25: North America Wearable Applications Revenue 2022 - 2027
  • Figure 26: North America Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Figure 27: North America Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Figure 28: North America Wearables by Industry 2022 - 2027
  • Figure 29: North America Wearables by Industry Revenue 2022 - 2027
  • Figure 30: North America Wearables Market by Country 2022 - 2027
  • Figure 31: North America Wearables Market by Country Revenue 2022 - 2027
  • Figure 32: South America Wearables by Device Type 2022 - 2027
  • Figure 33: South America Wearables by Device Type Revenue 2022 - 2027
  • Figure 34: South America Wearable Applications 2022 - 2027
  • Figure 35: South America Wearable Applications Revenue 2022 - 2027
  • Figure 36: South America Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Figure 37: South America Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Figure 38: South America Wearables by Industry 2022 - 2027
  • Figure 39: South America Wearables by Industry Revenue 2022 - 2027
  • Figure 40: South America Wearables Market by Country 2022 - 2027
  • Figure 41: South America Wearables Market by Country Revenue 2022 - 2027
  • Figure 42: Europe Wearables by Device Type 2022 - 2027
  • Figure 43: Europe Wearables by Device Type Revenue 2022 - 2027
  • Figure 44: Europe Wearable Applications 2022 - 2027
  • Figure 45: Europe Wearable Applications Revenue 2022 - 2027
  • Figure 46: Europe Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Figure 47: Europe Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Figure 48: Europe Wearables by Industry 2022 - 2027
  • Figure 49: Europe Wearables by Industry Revenue 2022 - 2027
  • Figure 50: Europe Wearables Market by Country 2022 - 2027
  • Figure 51: Europe Wearables Market by Country Revenue 2022 - 2027
  • Figure 52: APAC Wearables by Device Type 2022 - 2027
  • Figure 53: APAC Wearables by Device Type Revenue 2022 - 2027
  • Figure 54: APAC Wearables Applications 2022 - 2027
  • Figure 55: APAC Wearables Applications Revenue 2022 - 2027
  • Figure 56: APAC Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Figure 57: APAC Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Figure 58: APAC Wearables by Industry 2022 - 2027
  • Figure 59: APAC Wearables by Industry Revenue 2022 - 2027
  • Figure 60: APAC Wearables Market by Country 2022 - 2027
  • Figure 61: APAC Wearables Market by Country Revenue 2022 - 2027
  • Figure 62: MEA Wearables by Device Type 2022 - 2027
  • Figure 63: MEA Wearables by Device Type Revenue 2022 - 2027
  • Figure 64: MEA Wearable Applications 2022 - 2027
  • Figure 65: MEA Wearable Applications Revenue 2022 - 2027
  • Figure 66: MEA Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Figure 67: MEA Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Figure 68: MEA Wearables by Industry 2022 - 2027
  • Figure 69: MEA Wearables by Industry Revenue 2022 - 2027
  • Figure 70: MEA Wearables Market by Country 2022 - 2027

Tables

  • Table 1: Wearable Unit Sales vs. Revenue 2022 - 2027
  • Table 2: Wearables by Device Type 2022 - 2027
  • Table 3: Wearables by Device Type Revenue 2022 - 2027
  • Table 4: Wearable Applications 2022 - 2027
  • Table 5: Wearable Applications Revenue 2022 - 2027
  • Table 6: Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Table 7: Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Table 8: Wearables by Industry 2022 - 2027
  • Table 9: Wearables by Industry Revenue 2022 - 2027
  • Table 10: Wearables by Components 2022 - 2027
  • Table 11: Managed Services for Wearables Devices 2022 - 2027
  • Table 12: Wearables Market by Region 2022 - 2027
  • Table 13: Wearables Market by Regional Revenue 2022 - 2027
  • Table 14: North America Wearables by Device Type 2022 - 2027
  • Table 15: North America Wearables by Device Type Revenue 2022 - 2027
  • Table 16: North America Wearable Applications 2022 - 2027
  • Table 17: North America Wearable Applications Revenue 2022 - 2027
  • Table 18: North America Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Table 19: North America Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Table 20: North America Wearables by Industry 2022 - 2027
  • Table 21: North America Wearables by Industry Revenue 2022 - 2027
  • Table 22: North America Wearables Market by Country 2022 - 2027
  • Table 23: North America Wearables Market by Country Revenue 2022 - 2027
  • Table 24: South America Wearables by Device Type 2022 - 2027
  • Table 25: South America Wearables by Device Type Revenue 2022 - 2027
  • Table 26: South America Wearable Applications 2022 - 2027
  • Table 27: South America Wearable Applications Revenue 2022 - 2027
  • Table 28: South America Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Table 29: South America Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Table 30: South America Wearables by Industry 2022 - 2027
  • Table 31: South America Wearables by Industry Revenue 2022 - 2027
  • Table 32: South America Wearables Market by Country 2022 - 2027
  • Table 33: South America Wearables Market by Country Revenue 2022 - 2027
  • Table 34: Europe Wearables by Device Type 2022 - 2027
  • Table 35: Europe Wearables by Device Type Revenue 2022 - 2027
  • Table 36: Europe Wearable Applications 2022 - 2027
  • Table 37: Europe Wearable Applications Revenue 2022 - 2027
  • Table 38: Europe Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Table 39: Europe Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Table 40: Europe Wearables by Industry 2022 - 2027
  • Table 41: Europe Wearables by Industry Revenue 2022 - 2027
  • Table 42: Europe Wearables Market by Country 2022 - 2027
  • Table 43: Europe Wearables Market by Country Revenue 2022 - 2027
  • Table 44: APAC Wearables by Device Type 2022 - 2027
  • Table 45: APAC Wearables by Device Type Revenue 2022 - 2027
  • Table 46: APAC Wearables Applications 2022 - 2027
  • Table 47: APAC Wearables Applications Revenue 2022 - 2027
  • Table 48: APAC Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Table 49: APAC Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Table 50: APAC Wearables by Industry 2022 - 2027
  • Table 51: APAC Wearables by Industry Revenue 2022 - 2027
  • Table 52: APAC Wearables Market by Country 2022 - 2027
  • Table 53: APAC Wearables Market by Country Revenue 2022 - 2027
  • Table 54: MEA Wearables by Device Type 2022 - 2027
  • Table 55: MEA Wearables by Device Type Revenue 2022 - 2027
  • Table 56: MEA Wearable Applications 2022 - 2027
  • Table 57: MEA Wearable Applications Revenue 2022 - 2027
  • Table 58: MEA Wearables by Consumer, Enterprise, Industrial, and Government Sector 2022 - 2027
  • Table 59: MEA Wearables by Consumer, Enterprise, Industrial, and Government Sector Revenue 2022 - 2027
  • Table 60: MEA Wearables by Industry 2022 - 2027
  • Table 61: MEA Wearables by Industry Revenue 2022 - 2027
  • Table 62: MEA Wearables Market by Country 2022 - 2027
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!