Market Overview:
The global electronic bracelet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart wearable devices and rising awareness about fitness and health among consumers. In terms of type, the global electronic bracelet market is segmented into with screen and without screen segments. The with screen segment is expected to dominate the global electronic bracelet market during the forecast period owing to its features such as display of time, date, heart rate, steps taken, calories burned etc. On the basis of application, specialist retailers accounted for majority share in 2017 and is expected to maintain its dominance during the forecast period as well.
Product Definition:
An electronic bracelet is a wearable device that monitors and records a person's physical activity. Electronic bracelets are often used in clinical trials and research studies to track the movement of study participants. The data collected by electronic bracelets can help researchers understand how people move and interact with their environment.
With Screen:
With screen is a new product that has just started to grow in the electronic bracelet market. With screen can display information from whose source it gets its name. It's an LCD with a cover over it so that no one can see what's inside except for the person wearing the electronic wristband or band.
Without Screen:
The without screen market is the part of electronic devices that do not have a display. It includes parts such as battery cases, wristbands, pendants and other wearable devices. The major applications of these products are in the healthcare sector for monitoring vital signs and fitness tracking purposes.
Application Insights:
The market is segmented by application into specialist retailers, factory outlets, online stores and others. The online stores segment held the largest share of over 60% in 2017. This large share was attributed to the growing use of electronic bracelets as a medium for promoting products and services among other uses.
Specialist retailers are expected to be the fastest-growing application at a CAGR of XX% from 2018 to 2030 owing to rising demand for luxury goods among all age groups in developed economies including Germany, France and U.K., coupled with increasing disposable income levels in emerging economies such as China, India and Brazil.
Regional Analysis:
North America is expected to be the largest market for electronic bracelets over the forecast period. The region accounted for more than 35% of global market share in 2017 owing to high product demand and strong customer inclination towards fashionable jewelry. Increasing consumer preference towards wearable devices that can monitor vital signs, such as heart rate and sleep quality, has been driving product sales in this region.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to rising disposable income levels coupled with growing popularity of e-commerce in developing countries such as China and India. Furthermore, increasing penetration of leading manufacturers including Xiaomi Corporation; Huawei Technologies Co., Ltd.; Samsung Electronics Co., Ltd.; vivo XPlay6; Oukitel K7 Plus; Mito Smart Bracelet2; Vivoactive 3 Music1; vivoactive HR3 Music2 & 4 Fitness3 among others are expected drive growth over next eight years or so.
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of more than 20% during the forecast period. This is mainly due to the increasing demand for fitness and health-related applications, growing popularity of smart watches, and rising awareness about the benefits of using wearable devices.
- Proliferation of low-cost sensors: The development of low-cost sensors has led to a significant increase in the adoption of wearables, especially electronic bracelets. Low-cost sensors are being used in a wide range of applications such as health monitoring, activity tracking, and gesture recognition.
- Growing number of partnerships between technology companies and healthcare providers: There has been an increase in the number of partnerships between technology companies and healthcare providers to develop innovative products that can be used for medical purposes such as early disease detection and treatment monitoring. This is expected to drive growth in the electronic bracelet market during the forecast period.
- Rising demand from emerging markets: The electronic bracelet market is witnessing high growth rates in emerging markets such as China, India, Brazil, Mexico, South Africa etc., owing to rising disposable incomes coupled with an increasing focus on fitness & wellness among consumers in these regions .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Bracelet Market Research Report
By Type
With Screen, Without Screen
By Application
Specialist Retailers, Factory Outlets, Online Stores, Other
By Companies
Fitbit, Garmin, Jawbone, Samsung Electronics, Xiaomi, Lenovo, Nike, LG, Huawei, Razer, Sony, Lifesense
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Bracelet Market Report Segments:
The global Electronic Bracelet market is segmented on the basis of:
Types
With Screen, Without Screen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialist Retailers, Factory Outlets, Online Stores, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fitbit
- Garmin
- Jawbone
- Samsung Electronics
- Xiaomi
- Lenovo
- Nike
- LG
- Huawei
- Razer
- Sony
- Lifesense
Highlights of The Electronic Bracelet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- With Screen
- Without Screen
- By Application:
- Specialist Retailers
- Factory Outlets
- Online Stores
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Bracelet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic bracelet is a wearable device that monitors a person's vital signs, such as heart rate and blood pressure. These devices are often used to monitor patients during medical procedures or to track the health of elderly people.
Some of the key players operating in the electronic bracelet market are Fitbit, Garmin, Jawbone, Samsung Electronics, Xiaomi, Lenovo, Nike, LG, Huawei, Razer, Sony, Lifesense.
The electronic bracelet market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Bracelet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Bracelet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Bracelet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Bracelet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Bracelet Market Size & Forecast, 2018-2028
4.5.1 Electronic Bracelet Market Size and Y-o-Y Growth
4.5.2 Electronic Bracelet Market Absolute $ Opportunity
Chapter 5 Global Electronic Bracelet Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Bracelet Market Size Forecast by Type
5.2.1 With Screen
5.2.2 Without Screen
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Bracelet Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Bracelet Market Size Forecast by Applications
6.2.1 Specialist Retailers
6.2.2 Factory Outlets
6.2.3 Online Stores
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Bracelet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Bracelet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Bracelet Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Bracelet Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Bracelet Market Size Forecast by Type
9.6.1 With Screen
9.6.2 Without Screen
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Bracelet Market Size Forecast by Applications
9.10.1 Specialist Retailers
9.10.2 Factory Outlets
9.10.3 Online Stores
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Bracelet Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Bracelet Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Bracelet Market Size Forecast by Type
10.6.1 With Screen
10.6.2 Without Screen
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Bracelet Market Size Forecast by Applications
10.10.1 Specialist Retailers
10.10.2 Factory Outlets
10.10.3 Online Stores
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Bracelet Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Bracelet Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Bracelet Market Size Forecast by Type
11.6.1 With Screen
11.6.2 Without Screen
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Bracelet Market Size Forecast by Applications
11.10.1 Specialist Retailers
11.10.2 Factory Outlets
11.10.3 Online Stores
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Bracelet Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Bracelet Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Bracelet Market Size Forecast by Type
12.6.1 With Screen
12.6.2 Without Screen
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Bracelet Market Size Forecast by Applications
12.10.1 Specialist Retailers
12.10.2 Factory Outlets
12.10.3 Online Stores
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Bracelet Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Bracelet Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Bracelet Market Size Forecast by Type
13.6.1 With Screen
13.6.2 Without Screen
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Bracelet Market Size Forecast by Applications
13.10.1 Specialist Retailers
13.10.2 Factory Outlets
13.10.3 Online Stores
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Bracelet Market: Competitive Dashboard
14.2 Global Electronic Bracelet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fitbit
14.3.2 Garmin
14.3.3 Jawbone
14.3.4 Samsung Electronics
14.3.5 Xiaomi
14.3.6 Lenovo
14.3.7 Nike
14.3.8 LG
14.3.9 Huawei
14.3.10 Razer
14.3.11 Sony
14.3.12 Lifesense
