Market Overview:
The global network patch type wearable device market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for network patch type wearable devices from various end-use applications such as military, retail, medical and others. Additionally, the growing awareness about the benefits of using these devices is also contributing towards the growth of this market.
Product Definition:
A network patch type wearable device is a small, lightweight electronic device that is worn on the body to provide wireless communication and data access. This type of device is commonly used in healthcare and industrial settings to provide real-time information about the wearer's physical condition or work activity. The importance of network patch type wearable devices lies in their ability to improve safety, communication, and productivity by providing workers with instant access to critical information.
Hardware:
Hardware is the tangible, material or physical entity that is involved in some of the aspects of a technology. In present scenario, hardware has become an integral part of networking and communication systems. It’s used for various applications such as storage devices (routers), switches, modems and wireless access points among others.
Hardware components are used to build network infrastructure which includes routers (switches), telecommunication base stations/gateways along with storage devices like servers.
Software:
Software is the set of instructions which can be stored in the memory of a computer or a network device to be carried out by it. In other words, software is an information processing system that allows users to perform specified tasks through input devices such as keyboards and screens. The most commonly used software are operating systems (OS), application software, middleware, and server applications.
Application Insights:
The military application segment accounted for the largest revenue share in 2017. The growing use of wearable devices by defense agencies to improve soldier¢â‚¬â„¢s performance is expected to drive the demand over the forecast period. Furthermore, increasing adoption of these devices by defense agencies to monitor and record soldiers¢â‚¬â„¢ activities is further anticipated to fuel market growth over the next eight years.
The retail application segment was valued at USD 446 million in 2017 owing to rising adoption of wearable patch type wearable device for inventory, store management and customer engagement applications among others. Moreover, companies such as Fitbit are focusing on developing products with features such as heart rate monitoring and GPS tracking which will help retailers understand consumer behavior better thereby driving demand over forecast period.
Medical application dominated the global network patch type wearable device market accounting for a revenue share of more than 40% in 2017 due mainlyto high usage rates across hospitals.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by key players in this region and rising adoption of IoT technology. Moreover, presence of major companies such as Google LLC, Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, and others has contributed significantly to regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing penetration of wearable medical devices coupled with growing demand for fitness tracking devices among consumers mainly in Japan and China. In addition, favorable government initiatives promoting health consciousness are also expected drive regional growth over the next eight years (2030).
Growth Factors:
- Increasing demand for wearable devices from the healthcare sector
- Growing popularity of fitness and health tracking apps
- Proliferation of low-cost, easy-to-use network patch type wearable devices
- Rising demand for smart textiles and fabrics with embedded sensors
- Advances in wireless communication technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Network Patch Type Wearable Device Market Research Report
By Type
Hardware, Software, Services
By Application
Millitary, Retail, Medical, Others
By Companies
Blue Spark Technologies, Directa Plus, Dexcom, Seiko Epson, Flex, Koru Lab
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Network Patch Type Wearable Device Market Report Segments:
The global Network Patch Type Wearable Device market is segmented on the basis of:
Types
Hardware, Software, Services
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
Millitary, Retail, Medical, Others
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:
- Blue Spark Technologies
- Directa Plus
- Dexcom
- Seiko Epson
- Flex
- Koru Lab
Highlights of The Network Patch Type Wearable Device 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:
- Hardware
- Software
- Services
- By Application:
- Millitary
- Retail
- Medical
- Others
- 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 Network Patch Type Wearable Device 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
A wearable device that is used to patch a network.
Some of the major players in the network patch type wearable device market are Blue Spark Technologies, Directa Plus, Dexcom, Seiko Epson, Flex, Koru Lab.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Network Patch Type Wearable Device 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 Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size & Forecast, 2018-2028
4.5.1 Network Patch Type Wearable Device Market Size and Y-o-Y Growth
4.5.2 Network Patch Type Wearable Device Market Absolute $ Opportunity
Chapter 5 Global Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size Forecast by Applications
6.2.1 Millitary
6.2.2 Retail
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Network Patch Type Wearable Device 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 Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Analysis and Forecast
9.1 Introduction
9.2 North America Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
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 Network Patch Type Wearable Device Market Size Forecast by Applications
9.10.1 Millitary
9.10.2 Retail
9.10.3 Medical
9.10.4 Others
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 Network Patch Type Wearable Device Analysis and Forecast
10.1 Introduction
10.2 Europe Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
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 Network Patch Type Wearable Device Market Size Forecast by Applications
10.10.1 Millitary
10.10.2 Retail
10.10.3 Medical
10.10.4 Others
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 Network Patch Type Wearable Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
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 Network Patch Type Wearable Device Market Size Forecast by Applications
11.10.1 Millitary
11.10.2 Retail
11.10.3 Medical
11.10.4 Others
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 Network Patch Type Wearable Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Network Patch Type Wearable Device 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 Network Patch Type Wearable Device Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
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 Network Patch Type Wearable Device Market Size Forecast by Applications
12.10.1 Millitary
12.10.2 Retail
12.10.3 Medical
12.10.4 Others
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) Network Patch Type Wearable Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Network Patch Type Wearable Device 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) Network Patch Type Wearable Device Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
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) Network Patch Type Wearable Device Market Size Forecast by Applications
13.10.1 Millitary
13.10.2 Retail
13.10.3 Medical
13.10.4 Others
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 Network Patch Type Wearable Device Market: Competitive Dashboard
14.2 Global Network Patch Type Wearable Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue Spark Technologies
14.3.2 Directa Plus
14.3.3 Dexcom
14.3.4 Seiko Epson
14.3.5 Flex
14.3.6 Koru Lab
