Market Overview:
The global wearable smart equipment market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wearable hand devices, smart diapers, wristbands, and pedometers. Additionally, the growing awareness about health and fitness is also propelling the growth of this market. The global wearable smart equipment market by type is segmented into smart watches, wearable hands,smart diapers, wristbands,,pedometers,,and bionic suits. The Smart watch segment dominates this market with a share of more than 50%. This dominance can be attributed to factors such as increasing demand for multifunctional devices and technological advancements in this category of devices.
Product Definition:
Wearable smart equipment is a type of technology that helps connect people with their surroundings. It does this by providing information about the environment and then sending it to the user in a way that is easy to understand. This type of technology can be worn on the body, like a watch or glasses, or it can be attached to an object, like a helmet.
Smart Watch:
Smart watch is a wrist-worn wearable device that provides information about the time, date, and other useful informations. It also helps in making calls, sending messages via text or speech, keeping track of fitness activities such as steps taken and calories burned etc. The smartwatch market has been growing at a tremendous pace over the past few years owing to its varied use by consumers across all age groups.
Wearable Hand:
The wearable hand is a prosthetic device that can be attached to the arm or leg of an amputee. It functions like a real hand and provides various benefits such as it can hold, shake, wave etc. The market for wearable smart equipment is expected to witness significant growth over the forecast period owing to technological advancements in this field coupled with rising demand from sports industry and military applications among others.
Application Insights:
The calorie counting application segment led the global wearable smart equipment market in 2017. The increasing need to count calories for weight management and dieting has driven the demand for wearable calorie counters. Moreover, companies such as Withings have introduced products such as Activité Steel, a luxury version of its popular Activité range that includes a heart rate monitor and step counter among other features. This product is aimed at consumers who require advanced health monitoring devices along with advanced fitness tracking capabilities.
The sleep statistics application segment is expected to witness significant growth over the forecast period owing to rising awareness about better sleeping habits among individuals worldwide coupled with growing concerns regarding lack of sleep due to work pressure or other reasons.
Regional Analysis:
North America dominated the global wearable smart equipment market in 2017. The region is expected to maintain its position over the forecast period as well. This can be attributed to increasing product penetration, rising health awareness, and supportive government initiatives. For instance, in 2015, Google launched a project called Google Glass for fitness and communication purpose but later discontinued it due to lack of interest from users.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing demand for technologically advanced wearable medical devices coupled with increasing healthcare expenditure by governments across various countries including China & Japan along with India & Australia among others).
Growth Factors:
- Increasing demand for wearable technology in the healthcare sector
- Rising demand from the sports and fitness industry
- Growing popularity of smart watches and other wearable devices among consumers
- Proliferation of affordable, innovative and user-friendly devices
- Increased focus on health and fitness by people across the world
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Smart Equipment Market Research Report
By Type
Smart Watch, Wearable Hand, Smart Diapers, Wristband, Pedometer, Bionic Suit
By Application
Heart Rate Monitoring, Sleep Statistics, Calorie Count, Monitoring Temperature, Remote Heart Monitoring, Track Daily Activities, Other
By Companies
Jawbone, Fitbit, Samsung, Philips, Sproutling, Sentimoto, AngelList, SunFriend Corporation, ChronoCloud Medtech, NeuroSky, Picooc, Andon
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Smart Equipment Market Report Segments:
The global Wearable Smart Equipment market is segmented on the basis of:
Types
Smart Watch, Wearable Hand, Smart Diapers, Wristband, Pedometer, Bionic Suit
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
Heart Rate Monitoring, Sleep Statistics, Calorie Count, Monitoring Temperature, Remote Heart Monitoring, Track Daily Activities, 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:
- Jawbone
- Fitbit
- Samsung
- Philips
- Sproutling
- Sentimoto
- AngelList
- SunFriend Corporation
- ChronoCloud Medtech
- NeuroSky
- Picooc
- Andon
Highlights of The Wearable Smart Equipment 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:
- Smart Watch
- Wearable Hand
- Smart Diapers
- Wristband
- Pedometer
- Bionic Suit
- By Application:
- Heart Rate Monitoring
- Sleep Statistics
- Calorie Count
- Monitoring Temperature
- Remote Heart Monitoring
- Track Daily Activities
- 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 Wearable Smart Equipment 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
- Channel & Customer Management
- 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?
Wearable smart equipment is a type of technology that can be worn on the body, such as a watch or bracelet. These devices can track physical activity and other health data, and can provide notifications or alerts when certain conditions are met.
Some of the major players in the wearable smart equipment market are Jawbone, Fitbit, Samsung, Philips, Sproutling, Sentimoto, AngelList, SunFriend Corporation, ChronoCloud Medtech, NeuroSky, Picooc, Andon.
The wearable smart equipment 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 Smart Equipment 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 Smart Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wearable Smart Equipment 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 Smart Equipment 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 Smart Equipment Market Size & Forecast, 2020-2028 4.5.1 Wearable Smart Equipment Market Size and Y-o-Y Growth 4.5.2 Wearable Smart Equipment 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 Smart Watch
5.2.2 Wearable Hand
5.2.3 Smart Diapers
5.2.4 Wristband
5.2.5 Pedometer
5.2.6 Bionic Suit
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 Heart Rate Monitoring
6.2.2 Sleep Statistics
6.2.3 Calorie Count
6.2.4 Monitoring Temperature
6.2.5 Remote Heart Monitoring
6.2.6 Track Daily Activities
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Smart Equipment 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 Smart Equipment 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 Smart Watch
9.6.2 Wearable Hand
9.6.3 Smart Diapers
9.6.4 Wristband
9.6.5 Pedometer
9.6.6 Bionic Suit
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 Heart Rate Monitoring
9.10.2 Sleep Statistics
9.10.3 Calorie Count
9.10.4 Monitoring Temperature
9.10.5 Remote Heart Monitoring
9.10.6 Track Daily Activities
9.10.7 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 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 Smart Watch
10.6.2 Wearable Hand
10.6.3 Smart Diapers
10.6.4 Wristband
10.6.5 Pedometer
10.6.6 Bionic Suit
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 Heart Rate Monitoring
10.10.2 Sleep Statistics
10.10.3 Calorie Count
10.10.4 Monitoring Temperature
10.10.5 Remote Heart Monitoring
10.10.6 Track Daily Activities
10.10.7 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 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 Smart Watch
11.6.2 Wearable Hand
11.6.3 Smart Diapers
11.6.4 Wristband
11.6.5 Pedometer
11.6.6 Bionic Suit
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 Heart Rate Monitoring
11.10.2 Sleep Statistics
11.10.3 Calorie Count
11.10.4 Monitoring Temperature
11.10.5 Remote Heart Monitoring
11.10.6 Track Daily Activities
11.10.7 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 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 Smart Watch
12.6.2 Wearable Hand
12.6.3 Smart Diapers
12.6.4 Wristband
12.6.5 Pedometer
12.6.6 Bionic Suit
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 Heart Rate Monitoring
12.10.2 Sleep Statistics
12.10.3 Calorie Count
12.10.4 Monitoring Temperature
12.10.5 Remote Heart Monitoring
12.10.6 Track Daily Activities
12.10.7 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) 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 Smart Watch
13.6.2 Wearable Hand
13.6.3 Smart Diapers
13.6.4 Wristband
13.6.5 Pedometer
13.6.6 Bionic Suit
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 Heart Rate Monitoring
13.10.2 Sleep Statistics
13.10.3 Calorie Count
13.10.4 Monitoring Temperature
13.10.5 Remote Heart Monitoring
13.10.6 Track Daily Activities
13.10.7 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 Wearable Smart Equipment Market: Competitive Dashboard
14.2 Global Wearable Smart Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jawbone
14.3.2 Fitbit
14.3.3 Samsung
14.3.4 Philips
14.3.5 Sproutling
14.3.6 Sentimoto
14.3.7 AngelList
14.3.8 SunFriend Corporation
14.3.9 ChronoCloud Medtech
14.3.10 NeuroSky
14.3.11 Picooc
14.3.12 Andon