Market Overview:
The global wearable security devices market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into Bluetooth connected, Wi-Fi connected, RFID connected, and others. The Bluetooth connected segment accounted for the largest share in 2017 and is projected to grow at a CAGR of 11% during the forecast period from 2018 to 2030. This can be attributed to its low cost and easy installation as compared to other types of wearable security devices. On the basis of application, military accounted for the largest share in 2017 and is projected to grow at a CAGR of 10% duringthe forecast period from 2018to2030 .
Product Definition:
Wearable security devices are small, portable gadgets that can be worn on the body to keep track of personal belongings or to provide security for the individual. These devices typically use Bluetooth technology to connect with a user's smartphone or other mobile device. They can be used to track down lost items, such as keys or a wallet, and some models include features that allow the user to remotely control certain functions of their phone, such as turning it off if it is lost. Other wearable security devices act as alarms, either emitting a loud noise when activated or sending an alert message to a designated contact list if they are separated from the user by more than a certain distance. These devices can help provide peace of mind for individuals who are concerned about their safety and security while out and about in public places.
Bluetooth Connected:
Bluetooth connected devices are those that can establish a connection or link with other Bluetooth-enabled devices over a wireless network. The technology has witnessed significant growth in the recent past owing to its wide range of applications across various industry verticals. It is being increasingly used in wearable security devices as it offers an effective way for users to connect with other Bluetooth-enabled smartphones, tablets, and laptops nearby.
Wi-Fi Connected:
Wi-Fi connected devices are the ones which can be connected to the internet or any other network without being paired with a device using WLAN (Wireless Local Area Network) technology. The wireless connectivity of these devices is possible due to Wi-Fi Alliance, an organization that standardizes and controls wireless technologies. These wearables are used for health monitoring applications, fitness tracking applications, smart clothing & accessories and many more such purposes.
Application Insights:
The military application segment accounted for the largest share in 2017. The growth is attributed to the increasing use of wearable security devices for tracking valuable assets, such as soldiers and vehicles, among others. Furthermore, governments are deploying these devices to monitor terrorist activities and deter crime across all public places.
The tracking application segment is expected to witness significant growth over the forecast period owing to its wide range of applications in various industries including agriculture, logistics & transportation, mining & construction and oil & gas among others. These devices help track valuable assets using GPS technology thereby enhancing overall business operations leading to increased demand across several industries worldwide.
Regional Analysis:
North America dominated the global wearables security devices market in 2017. The growth can be attributed to various factors such as increasing government initiatives, high disposable income of consumers and rapid technological advancements. For instance, in 2015, the U.S Department of Defense (DoD) initiated a project named—The Internet of Things (IoT) for Defense initiative that aims to connect every conceivable thing to the internet and develop it into a smart device.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising demand for connected devices among consumers particularly in countries such as China and India which are considered hubs for manufacturing connected devices at low cost including fitness monitors, home security systems etc.).
Growth Factors:
- Increasing demand for wearable security devices from the corporate sector to protect their confidential data
- Growing awareness about the benefits of using wearable security devices among consumers
- Proliferation of smart wearables and increasing demand for multifunctional devices
- Rising number of cyber-attacks and data thefts, which is driving the demand for wearable security devices
- Technological advancements in the field of wearable security devices that are making them more user-friendly and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Security Devices Market Research Report
By Type
Bluetooth Connected, Wi-Fi Connected, Rfid Connected, Others
By Application
Military, Emergency Service, Tracking, Others
By Companies
Apple, Google, Fitbit, Samsung, Amulyte, BearTek, Carre Technologies, Coolshirt Systems, Electricfoxy, Emotiv Systems, Apple, Everfind, EyeTap, FashionTEQ, Fatigue Science, Fin Robotics, Finis, Fujitsu, Garmin, GEAK, GEO, Geopalz
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Security Devices Market Report Segments:
The global Wearable Security Devices market is segmented on the basis of:
Types
Bluetooth Connected, Wi-Fi Connected, Rfid Connected, Others
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
Military, Emergency Service, Tracking, 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:
- Apple
- Google
- Fitbit
- Samsung
- Amulyte
- BearTek
- Carre Technologies
- Coolshirt Systems
- Electricfoxy
- Emotiv Systems
- Apple
- Everfind
- EyeTap
- FashionTEQ
- Fatigue Science
- Fin Robotics
- Finis
- Fujitsu
- Garmin
- GEAK
- GEO
- Geopalz
Highlights of The Wearable Security Devices 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:
- Bluetooth Connected
- Wi-Fi Connected
- Rfid Connected
- Others
- By Application:
- Military
- Emergency Service
- Tracking
- 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 Wearable Security Devices 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?
Wearable security devices are small, inconspicuous devices that are worn on the body and can be used to monitor activity or access. They may include sensors that detect movement, sound, or heat; cameras; and other features.
Some of the key players operating in the wearable security devices market are Apple, Google, Fitbit, Samsung, Amulyte, BearTek, Carre Technologies, Coolshirt Systems, Electricfoxy, Emotiv Systems, Apple, Everfind, EyeTap, FashionTEQ, Fatigue Science, Fin Robotics, Finis, Fujitsu, Garmin, GEAK, GEO, Geopalz.
The wearable security devices market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearable Security Devices 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 Wearable Security Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearable Security Devices 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 Wearable Security Devices 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 Wearable Security Devices Market Size & Forecast, 2020-2028
4.5.1 Wearable Security Devices Market Size and Y-o-Y Growth
4.5.2 Wearable Security Devices Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Bluetooth Connected
5.2.2 Wi-Fi Connected
5.2.3 Rfid Connected
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Military
6.2.2 Emergency Service
6.2.3 Tracking
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Security Devices 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 Wearable Security Devices 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Bluetooth Connected
9.6.2 Wi-Fi Connected
9.6.3 Rfid Connected
9.6.4 Others
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 Market Size Forecast by Applications
9.10.1 Military
9.10.2 Emergency Service
9.10.3 Tracking
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Bluetooth Connected
10.6.2 Wi-Fi Connected
10.6.3 Rfid Connected
10.6.4 Others
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 Market Size Forecast by Applications
10.10.1 Military
10.10.2 Emergency Service
10.10.3 Tracking
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Bluetooth Connected
11.6.2 Wi-Fi Connected
11.6.3 Rfid Connected
11.6.4 Others
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 Market Size Forecast by Applications
11.10.1 Military
11.10.2 Emergency Service
11.10.3 Tracking
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Bluetooth Connected
12.6.2 Wi-Fi Connected
12.6.3 Rfid Connected
12.6.4 Others
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 Market Size Forecast by Applications
12.10.1 Military
12.10.2 Emergency Service
12.10.3 Tracking
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Bluetooth Connected
13.6.2 Wi-Fi Connected
13.6.3 Rfid Connected
13.6.4 Others
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) Market Size Forecast by Applications
13.10.1 Military
13.10.2 Emergency Service
13.10.3 Tracking
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 Wearable Security Devices Market: Competitive Dashboard
14.2 Global Wearable Security Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Google
14.3.3 Fitbit
14.3.4 Samsung
14.3.5 Amulyte
14.3.6 BearTek
14.3.7 Carre Technologies
14.3.8 Coolshirt Systems
14.3.9 Electricfoxy
14.3.10 Emotiv Systems
14.3.11 Apple
14.3.12 Everfind
14.3.13 EyeTap
14.3.14 FashionTEQ
14.3.15 Fatigue Science
14.3.16 Fin Robotics
14.3.17 Finis
14.3.18 Fujitsu
14.3.19 Garmin
14.3.20 GEAK
14.3.21 GEO
14.3.22 Geopalz
