Wearable Technology Market by Product (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, and Others), Application (Consumer Electronics, Healthcare, Enterprise & Industrial, and Others), Type (Smart Textile, Non-Textile), & Geography - Global Forecast to 2020

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Date: 15-Dec-2015
No. of pages: 201
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“Consumer preference for sophisticated gadgets is driving the wearable technology market”

The wearable technology market is expected to reach USD 31.27 billion by 2020, at a CAGR of 17.8% between 2015 and 2020. There is an increasing demand for smart wearable products such as wrist bands and smart watches because of consumer preference for sophisticated gadgets, trend of continuous fitness monitoring, and growing popularity of Internet of Things.

“Market for the Enterprise and industrial application is expected to grow at the highest rate during the forecast period”

Enterprise and industrial wearable devices include compact, mobile, and wireless computing systems that can be worn on a body and also various image scanners that find applications in enterprise and industrial processes. The wearable computer, in the form of wrist wear and finger wear, is an enabling device in the logistics, packaging, and warehouse applications where it is employed to increase workers’ productivity. Wearable devices are either worn as a ring or around the wrist to give a hands-free functionality for improving operational efficiency in warehouses, logistics, packaging, and distribution centers or retail stores.

In the process of determining and verifying the market size for several segments and su-segments gathered through secondary research, extensive primary interviews were conducted with key people. Breakup of profile of primary participants is given below:


  • By Company Type: Tier 1 – 35%, Tier 2 – 40% and Tier 3 – 25%

  • By Designation: C-level – 35%, Director level – 25%, Others – 40%

  • By Region: Americas – 43%, Europe – 19%, APAC – 29%, RoW – 9%


The various key market players profiled in the report are as follows:


  • Adidas AG (Germany)

  • Apple, Inc. (U.S.)

  • Fitbit, Inc. (U.S.)

  • Garmin, Ltd. (Switzerland)

  • Google, Inc. (U.S.)

  • Jawbone, Inc. (U.S.)

  • LG Electronics Inc. (South Korea)

  • Nike, Inc. (U.S.)

  • Pebble Technology Corp. (U.S.)

  • Qualcomm, Inc. (U.S.)

  • Samsung Electronics Co., Ltd. (South Korea)

  • Sony Corporation (Japan)

  • Xiaomi Technology Co., Ltd. (China)


The report will help the companies in this market in the following ways:


  • The report segments the wearable technology market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different verticals and regions.

  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitor and gain more insights to better their position in the business.

Wearable Technology Market by Product (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, and Others), Application (Consumer Electronics, Healthcare, Enterprise & Industrial, and Others), Type (Smart Textile, Non-Textile), & Geography - Global Forecast to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitation
1.6 Market Stakeholders

2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Factor Analysis
2.2.1 Introduction
2.2.1.1 Large Growth of the Smartphones Market
2.2.2 Supply-Side Analysis
2.2.2.1 Innovation in Technology
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Wearable Technology Market Opportunities
4.2 Market, By Application
4.3 Geographical Snapshot of the Wearable Technology Market
4.4 Market, By Consumer Electronics Application, 2013–2020 (USD Million)
4.5 Wrist-Wear Market Size, By Product, 2015 vs. 2020 (USD Million)

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Wearable Technology Market, By Product
5.2.2 Market, By Type
5.2.3 Market, By Application
5.2.4 Wearable Technology Market, By Technology
5.2.5 Market, By Component
5.2.6 Market, By Geography
5.3 Market Evolution
5.3.1 Till 2000
5.3.2 Wearable 2.0
5.3.3 Next-Generation Wearable Devices
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Consumer Preference for Sophisticated Gadgets
5.4.1.2 Increasing Growth Prospects of Next Generation Displays Integrated in Wearable Devices
5.4.1.3 Increasing Popularity of Wearable Fitness and Medical Devices
5.4.1.4 Growing Popularity of the Internet of Things
5.4.2 Restraints
5.4.2.1 Power Consumption and Limited Battery Life
5.4.2.2 High Initial Costs
5.4.2.3 Fast Pace of the Electronics Market
5.4.3 Opportunities
5.4.3.1 Growing Applications of Smart Textiles and E-Textiles in Wearables
5.4.3.2 Multi-Featured and Hybrid Application Mobile Devices
5.4.3.3 Development of Key Enabling Technologies
5.4.3.4 Increasing Adoption of Wearables in Multiple Application Areas
5.4.4 Challenges
5.4.4.1 Size Constraints
5.4.4.2 Device Protection and Thermal Consideration
5.4.4.3 Unaddressed Regulatory Issues
5.4.4.4 Failure to Achieve Long-Term Engagement

6 Industry Analysis
6.1 Wearable Technology wearable Technology introduction
6.2 Market Investment Analysis
6.3 Supply- & Demand-Side Factor Analysis
6.4 Market Life Cycle Analysis
6.5 Push & Pull Force Analysis
6.6 Supply Chain Analysis
6.6.1 Core Industry Segments
6.6.2 Supporting Industry Segments
6.7 Value Chain Analysis
6.8 Porter’s Five Forces Analysis
6.8.1 Intensity of Competitive Rivalry
6.8.2 Threat of Substitutes
6.8.3 Bargaining Power of Buyers
6.8.4 Bargaining Power of Suppliers
6.8.5 Threat of New Entrants
6.9 Strategic Benchmarking
6.9.1 Technology Integration and Product Enhancement

7 Wearable Technology Market, By Type
7.1 Introduction
7.2 Wearable Smart Textiles
7.2.1 Wearable Smart Textile Market, By Type
7.2.1.1 Passive Smart Textiles
7.2.1.2 Active Smart Textiles
7.2.1.3 Ultra-Smart Textiles
7.2.2 Wearable Smart Textiles Market, By Function
7.2.2.1 Sensing
7.2.2.2 Energy Harvesting
7.2.2.3 Luminescence & Aesthetics
7.2.2.4 Thermo-Electricity
7.2.2.5 Others
7.3 Wearable Products & Devices (Non-Textiles)

8 Wearable Technology Market, By Application
8.1 Introduction
8.1.1 Consumer Electronics
8.1.1.1 Fitness & Sports Applications
8.1.1.2 Infotainment & Multimedia Applications
8.1.1.3 Garments & Fashion Applications
8.1.1.4 Multi-Function Applications
8.1.2 Healthcare
8.1.2.1 Clinical Applications
8.1.2.2 Non-Clinical Applications
8.1.3 Enterprise & Industrial Applications
8.1.3.1 Logistics, Packaging, & Warehouse Applications
8.1.3.2 Other Industrial Applications
8.1.4 Other Applications

9 Market, By Product
9.1 Introduction
9.1.1 Wristwear
9.1.1.1 Wrist Wear Computers and Watches
9.1.1.2 Wrist Bands
9.1.2 Eyewear
9.1.2.1 Smart Glasses and Goggles
9.1.2.2 Contact Lenses and Other (HMD, HUD, Augmented) Displays
9.1.3 Footwear
9.1.3.1 Casual Footwear
9.1.3.2 Special Purpose Footwear
9.1.4 Neckwear
9.1.4.1 Fashion and Jewelry
9.1.4.2 Ties and Collars
9.1.5 Bodywear
9.1.5.1 Clothing and Inner Wear
9.1.5.2 Fashion & Apparel
9.1.5.3 Arm & Legwear
9.1.6 Other Wearable Technology
9.1.6.1 Ring Scanners
9.1.6.2 Smart Headsets
9.1.6.3 Head Bands
9.1.6.4 Others

10 Market, By Technology
10.1 Introduction
10.2 Computing Technologies (Wearable Computers)
10.3 Display Technlogies (HUD, HMD, and Augmented Reality)
10.4 Networking Technologies (Bluetooth, NFC, ANT+, and Wi-Fi)
10.5 Positioning Technologies (GPS and Digital Compass)
10.6 Sensor Technologies (Accelerometers and Mems)
10.7 Speech Recognition Technologies

11 Market, By Component
11.1 Introduction
11.1.1 Power Supply Components
11.1.2 Positioning and Networking Components
11.1.3 Sensing Components
11.1.4 Control Components
11.1.5 Display & Optoelectronic Components
11.1.6 Memory Components
11.1.7 Interface Components
11.1.8 Other Components

12 Geographic Analysis
12.1 Introduction
12.2 Americas
12.2.1 U.S.
12.2.2 Canada
12.2.3 Mexico
12.2.4 Others
12.3 Europe
12.3.1 U.K.
12.3.2 Germany
12.3.3 France
12.3.4 Others
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 South Korea
12.4.4 India
12.4.5 Others
12.5 Rest of the World
12.5.1 Middle East
12.5.2 Africa
12.5.3 Others

13 Competitive Landscape
13.1 Overview
13.2 Market Share Analysis of the Wearable Technology Market 2015
13.3 Competitive Situation and Trends
13.3.1 New Product Launches
13.3.2 Agreements, Collaborations, Contracts, & Partnerships
13.3.3 Acquisitions
13.3.4 Expansions and Investments

14 Company Profiles
14.1 Introduction
14.2 Adidas AG
14.2.1 Business Overview
14.2.2 Products Offered
14.2.3 Recent Developments
14.3 Apple Inc.
14.3.1 Business Overview
14.3.2 Products Offered
14.3.3 Recent Developments
14.3.4 MnM View
14.4 Fitbit Inc.
14.4.1 Business Overview
14.4.2 Products Offered
14.4.3 Recent Developments
14.5 Garmin Ltd.
14.5.1 Business Overview
14.5.2 Products Offered
14.5.3 Recent Developments
14.6 Google Inc.
14.6.1 Business Overview
14.6.2 Products Offered
Google Offers the Following Products:
14.6.3 Recent Developments
14.6.4 MnM View
14.7 Jawbone Inc.
14.7.1 Business Overview
14.7.2 Products Offered
14.7.3 Recent Developments
14.8 LG Electronics Inc.
14.8.1 Business Overview
14.8.2 Product Portfolio
14.8.3 Recent Developments
14.9 Nike Inc.
14.9.1 Business Overview
14.9.2 Products Offered
14.9.3 Recent Developments
14.10 Pebble Technology Corp.
14.10.1 Business Overview
14.10.2 Products Offered
14.10.3 Recent Developments
14.11 Qualcomm Inc.
14.11.1 Business Overview
14.11.2 Products & Services
14.11.3 Recent Developments
14.11.4 MnM View
14.12 Samsung Electronics Co. Ltd.
14.12.1 Business Overview
14.12.2 Products Offered
14.12.3 Recent Developments
14.12.4 MnM View
14.13 Sony Corp.
14.13.1 Business Overview
14.13.2 Products Offered
14.13.3 Recent Developments
14.13.4 MnM View
14.14 Xiaomi Technology Co. Ltd.
14.14.1 Business Overview
14.14.2 Products Offered
14.14.3 Recent Developments

15 Appendix
15.1 Insights of Industry Experts
15.2 Discussion Guide
15.3 IntroducingRT: Real-Time Market Intelligence
15.4 Available Customizations
15.5 Related Report

List of Tables

Table 1 The Need for Sophisticated Devices Propels the Growth of the Wearable Technology Market
Table 2 Need of Self-Powering Devices Restrains the Growth of the Market
Table 3 Increasing Opportunities in Multiple Applications and Technological Growth Pave the Growth Avenue for Players in the Wearable's Market
Table 4 Size Constraints of Wearable Products Present A Major Challenge for Designers
Table 5 Barriers for Investments
Table 6 Pro-Factors for Investments
Table 7 Factors Distinguishing Supply- & Demand-Side Analysis and Percentage Contribution
Table 8 The Porter’s Five Forces Analysis: Bargaining Power of Suppliers Had the Lowest Impact on theOverall Market
Table 9 Wearable Technology Market, By Type, 2013–2020 (USD Million)
Table 10 Markets, By Type, 2013 (Thousand Units)
Table 11 Wearable Smart Textiles Market, By Type, 2013–2020 (USD Million)
Table 12 Passive Smart Textiles Market, By Function, 2013–2020 (USD Million)
Table 13 Active Smart Textiles Market, By Function, 2013–2020 (USD Million)
Table 14 Ultra-Smart Textiles Market, By Function, 2013–2020 (USD Million)
Table 15 Smart Textiles Market, By Function, 2013–2020 (USD Million)
Table 16 Smart Textiles Market for Sensing, By Type, 2013–2020 (USD Million)
Table 17 Smart Textiles Market for Energy Harvesting, By Type, 2013–2020 (USD Million)
Table 18 Smart Textiles Market for Luminescence & Aesthetics, By Type, 2013–2020 (USD Million)
Table 19 Smart Textiles Market for Thermo-Electricity, By Type, 2013–2020 (USD Million)
Table 20 Smart Textiles Market for Other Functions, By Type, 2013–2020 (USD Million)
Table 21 Wearable Technology Market, By Application, 2013–2020 (USD Million)
Table 22 Market, By Application, 2013–2020 (Thousand Units)
Table 23 Wearable Technology Market for Consumer Electronics, By Application, 2013–2020 (USD Million)
Table 24 Market Size for Consumer Electronics, By Application, 2013–2020 (Million Units)
Table 25 Wearable Technology Market Size for Consumer Electronics, By Region, 2013–2020 (USD Million)
Table 26 Market for Consumer Electronics, By Region, 2013–2020 (Thousand Units)
Table 27 Wearable Technology Market for Healthcare, By Application, 2013–2020 (USD Million)
Table 28 Market for Healthcare, By Application, 2013–2020 (Thousand Units)
Table 29 Wearable Technology Market for Enterprise & Industrial Sector, By Application, 2013–2020 (USD Million)
Table 30 Market for Enterprise & Industrial Sector, By Application, 2013–2020 (Thousand Units)
Table 31 Wearable Technology Market, By Other Applications, 2013–2020
Table 32 Wearable Technology Market for Healthcare, By Region, 2013–2020 (USD Million)
Table 33 Market for Healthcare, By Region, 2013–2020 (Thousand Units)
Table 34 Wearable Technology Market for Enterprise & Industrial Sector, By Region, 2013–2020 (USD Million)
Table 35 Market for Enterprise & Industrial Sector, By Region, 2013–2020 (Thousand Units)
Table 36 Wearable Technology Market for Other Applications, By Region, 2013–2020 (USD Million)
Table 37 Market for Other Applications, By Region, 2013–2020 (Thousand Units)
Table 38 Wearable Technology Market, By Product, 2013–2020 (USD Million)
Table 39 Market, By Product, 2013–2020 (Thousand Units)
Table 40 Wearable Technology Market for Wristwear, By Product, 2013–2020 (USD Million)
Table 41 Market for Wristwear, By Product, 2013–2020 (Thousand Units)
Table 42 Wearable Technology Market for Eyewear, By Product, 2013–2020 (USD Million)
Table 43 Market for Eyewear, By Product, 2013–2020 (Thousand Units)
Table 44 Wearable Technology Market for Footwear, By Product, 2013–2020 (USD Million)
Table 45 Market for Footwear, By Product, 2013–2020 (Thousand Units)
Table 46 Wearable Technology Market for Neckwear, By Product, 2013–2020 (USD Million)
Table 47 Market for Neckwear, By Product, 2013–2020 (Thousand Units)
Table 48 Wearable Technology Market Body wear, By Product, 2013–2020 (USD Million)
Table 49 Market for Body wear, By Product, 2013–2020 (Thousand Units)
Table 50 Wearable Technology Market for Others, By Product, 2013–2020 (USD Million)
Table 51 Market for Others, By Product, 2013–2020 (Thousand Units)
Table 52 Wearable Technology Market, By Region, 2013–2020 (USD Million)
Table 53 Market, By Region, 2013–2020 (Thousand Units)
Table 54 Americas: Wearable Technology Market Size, By Country, 2013–2020 (USD Million)
Table 55 Americas: Market, By Country, 2013–2020 (Thousand Units)
Table 56 Americas: Market Size, By Application, 2013–2020 (USD Million)
Table 57 Americas: Market, By Application, 2013–2020 (Thousand Units)
Table 58 Europe: Wearable Technology Market, By Country, 2013–2020 (USD Million)
Table 59 Europe: Market, By Country, 2013–2020 (Thousand Units)
Table 60 Europe: Market, By Application, 2013–2020 (USD Million)
Table 61 Europe: Market, By Application, 2013–2020 (Thousand Units)
Table 62 APAC: Wearable Technology Market, By Country, 2013–2020 (USD Million)
Table 63 APAC: Market, By Country, 2013–2020 (Thousand Units)
Table 64 APAC: Market, By Application, 2013–2020 (USD Million)
Table 65 APAC: Market, By Application, 2013–2020 (Thousand Units)
Table 66 RoW: Wearable Technology Market, By Geography, 2013–2020 (USD Million)
Table 67 RoW: Market, By Geography, 2013–2020 (Thousand Units)
Table 68 RoW: Market, By Application, 2013–2020 (USD Million)
Table 69 RoW: Market, By Application, 2013–2020 (Thousand Units)
Table 70 New Product Launches
Table 71 Agreements, Collaborations, Contracts, & Partnerships
Table 72 Acquisitions
Table 73 Expansions and Investments

List of Figures

Figure 1 Wearable Technology Market: Research Design
Figure 2 Global Smartphone Shipments in Million Units, 2013–2018
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Market for Body-Wear Expected to Grow at the Highest CAGR (2014 vs. 2020)
Figure 7 Consumer Electronics Would Be the Largest Market for Wearable Technology During the Forecast Period
Figure 8 Wearable Smart Textiles Market, By Type: Ultra-Smart Textiles Expected to Witness Highest Growth Rate
Figure 9 Americas Accounted for the Largest Market Share, 2014
Figure 10 Wearable Technology Market to Showcase Lucrative Growth Opportunities
Figure 11 Consumer Electronics Accounted for the Largest Market Share in 2014
Figure 12 Market in the Americas to Grow at the Highest Rate During the Forecast Period
Figure 13 Multi-Function Segment to Witness Highest Growth During the Forecast Period
Figure 14 Market for Smart Watches Expected to Grow Rapidly During the Forecast Period
Figure 15 Market, By Product
Figure 16 Market, By Type
Figure 17 Market, By Application
Figure 18 Market, By Technology
Figure 19 Market, By Component
Figure 20 Market, By Geography
Figure 21 Events in the Wearable Technology Market Till 2000
Figure 22 Market Dynamics: Overview
Figure 23 Smart Watch Shipments By Company, 2014
Figure 24 U.S.: Percentage of Wearable Device Users in Medical and Healthcare in 2014
Figure 25 Life Cycle of Wearable Products, 2014
Figure 26 Transition to Wearable Technology – Push & Pull Force Analysis
Figure 27 Wearable Technology Market: Supply Chain
Figure 28 Value Chain Analysis (2014): Major Value is Added During Assembly and Distribution Phases
Figure 29 The Porter’s Five Forces Analysis (2014):
Figure 30 Wearable Technology Market: Porter’s Five Forces Analysis, 2014
Figure 31 Intensity of Competitive Rivalry: High Competition in the Market Due to the New Product Launches and Innovations
Figure 32 Threat of Substitutes Will Be High Due to the Availability of Substitute Products
Figure 33 Bargaining Power of Buyers: as the Adoption Rate of Buyers is High, They Will Have A High Bargaining Power
Figure 34 Bargaining Power of Suppliers: Technological Advancements in Wearable's Would Drive the Market for Suppliers During the Forecast Period
Figure 35 Threat of New Entrants: With Innovative Product Developments New Entrants are Likely to Enter This Market
Figure 36 Strategic Benchmarking: Key Players Largely Adopted Organic Growth Strategies Such as New Product Launches
Figure 37 Wearable Technology Market, By Type
Figure 38 Wearable Technology Market, By Application
Figure 39 Wearable Technology – Product Segmentation
Figure 40 Wearable Technology Market, By Technology
Figure 41 Architecture for Wearable Health-Monitoring Systems
Figure 42 Wearable Technology Market, By Component
Figure 43 Wearable Sensors and Technology Architecture
Figure 44 Geographic Snapshot: Wearable Technology Market
Figure 45 The Americas: Market Snapshot
Figure 46 European Market Snapshot
Figure 47 Asia-Pacific Market Snapshot
Figure 48 RoW Market Snapshot
Figure 49 Companies Adopted New Product Launches as the Key Growth Strategy Over the Last Four Years (2012–2015)
Figure 50 Battle for Market Share: New Product Launches Have Been the Key Strategy
Figure 51 Geographic Revenue Mix of Major Market Players
Figure 52 Adidas AG: Company Snapshot
Figure 53 Apple Inc.: Company Snapshot
Figure 54 Apple Inc.: SWOT Analysis
Figure 55 Fitbit Inc.: Company Snapshot
Figure 56 Garmin Ltd.: Company Snapshot
Figure 57 Google, Inc.: Company Snapshot
Figure 58 Google Inc.: SWOT Analysis
Figure 59 Jawbone Inc.: Company Snapshot
Figure 60 LG Electronics Inc.: Company Snapshot
Figure 61 Nike Inc.: Company Snapshot
Figure 62 Pebble Technology Corp.: Company Snapshot
Figure 63 Qualcomm Inc.: Business Overview
Figure 64 Qualcomm Inc: SWOT Analysis
Figure 65 Samsung Electronics Co. Ltd.: Company Snapshot
Figure 66 Samsung Electronics Co. Ltd.: SWOT Analysis
Figure 67 Sony Corp.: Company Snapshot
Figure 68 Sony Corp. : SWOT Analysis
Figure 69 Xiaomi Technology Co. Ltd.: Company Snapshot

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