The global wearable technology component market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for wearable devices in various industries such as healthcare, defense, and enterprise and industrial applications. The increasing adoption of these devices in various industries is also driving the growth of this market.
The global wearable technology component market by type includes wristwear, headwear & eyewear, neckwear and wearable cameras. The wristwear segment accounted for the largest share in 2018 due to its wide range of applications such as fitness & wellness, consumer electronics and healthcare among others. This segment is expected to continue its dominance throughout the forecast period owing to its wide range of applications across different industries which are driving its demand globally.
5a) Apple Watch: Apple's first foray into wearables was met with mixed reviews when it was released last year, but there are still many people who have purchased one or plan on purchasing one soon.
5b) Fitbit: Fitbit has been around since 2007 and their products have been very popular among fitness enthusiasts because they can track your steps taken, calories burned, distance traveled etc, all without having you take your phone out of your pocket.
Some Of The Growth Factors Of This Market:
- Wearable technology is expected to be the next big thing in the consumer electronics industry, with an estimated worth of $30 billion by 2020.
- Wearable technology has been around for a while now, but it's only recently that it has become more mainstream and accessible to consumers due to its affordability and availability on the market today.
- The demand for wearable devices is increasing as they are becoming more affordable and available on the market today, which will lead to an increase in revenue for this industry over time as well as increased competition among companies in this space which will lead to innovation and new products being introduced into the marketplace.
Industry Growth Insights published a new data on “Wearable Technology Component Market”. The research report is titled “Wearable Technology Component Market research by Types (Wristwear, Headwear & Eyewear, Neckwear, Wearable Cameras), By Applications (Fitness & Wellness, Consumer Electronics, Healthcare, Defense, Enterprise and Industrial Applications), By Players/Companies Adidas AG, Xiaomi Inc., Apple Inc., Google Inc., Garmin Ltd., Fitbit, Jawbone, Samsung Electronics Co., Ltd., Sony Corporation, Qualcomm Technologies, Inc, Nike, Lifesense Group, Misfit, Inc.”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Technology Component Market Research Report
By Type
Wristwear, Headwear & Eyewear, Neckwear, Wearable Cameras
By Application
Fitness & Wellness, Consumer Electronics, Healthcare, Defense, Enterprise and Industrial Applications
By Companies
Adidas AG, Xiaomi Inc., Apple Inc., Google Inc., Garmin Ltd., Fitbit, Jawbone, Samsung Electronics Co., Ltd., Sony Corporation, Qualcomm Technologies, Inc, Nike, Lifesense Group, Misfit, Inc.
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Technology Component Market Report Segments:
The global Wearable Technology Component market is segmented on the basis of:
Types
Wristwear, Headwear & Eyewear, Neckwear, Wearable Cameras
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
Fitness & Wellness, Consumer Electronics, Healthcare, Defense, Enterprise and Industrial Applications
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:
- Adidas AG
- Xiaomi Inc.
- Apple Inc.
- Google Inc.
- Garmin Ltd.
- Fitbit
- Jawbone
- Samsung Electronics Co., Ltd.
- Sony Corporation
- Qualcomm Technologies, Inc
- Nike
- Lifesense Group
- Misfit, Inc.
Highlights of The Wearable Technology Component 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:
- Wristwear
- Headwear & Eyewear
- Neckwear
- Wearable Cameras
- By Application:
- Fitness & Wellness
- Consumer Electronics
- Healthcare
- Defense
- Enterprise and Industrial Applications
- 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 Technology Component 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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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 technology component is a type of electronic device that is worn on the body, typically on the wrist or ankle. These devices can include watches, fitness trackers, and other sensors. They are often designed to be lightweight and unobtrusive so they can be worn throughout the day.
Some of the major companies in the wearable technology component market are Adidas AG, Xiaomi Inc., Apple Inc., Google Inc., Garmin Ltd., Fitbit, Jawbone, Samsung Electronics Co., Ltd., Sony Corporation, Qualcomm Technologies, Inc, Nike, Lifesense Group, Misfit, Inc..
The wearable technology component market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wearable Technology Component Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wearable Technology Component Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wearable Technology Component Market - Supply Chain
4.5. Global Wearable Technology Component Market Forecast
4.5.1. Wearable Technology Component Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wearable Technology Component Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wearable Technology Component Market Absolute $ Opportunity
5. Global Wearable Technology Component Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wearable Technology Component Market Size and Volume Forecast by Type
5.3.1. Wristwear
5.3.2. Headwear & Eyewear
5.3.3. Neckwear
5.3.4. Wearable Cameras
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wearable Technology Component Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wearable Technology Component Market Size and Volume Forecast by Application
6.3.1. Fitness & Wellness
6.3.2. Consumer Electronics
6.3.3. Healthcare
6.3.4. Defense
6.3.5. Enterprise and Industrial Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wearable Technology Component Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wearable Technology Component Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wearable Technology Component Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wearable Technology Component Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wearable Technology Component Demand Share Forecast, 2019-2026
9. North America Wearable Technology Component Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wearable Technology Component Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wearable Technology Component Market Size and Volume Forecast by Application
9.4.1. Fitness & Wellness
9.4.2. Consumer Electronics
9.4.3. Healthcare
9.4.4. Defense
9.4.5. Enterprise and Industrial Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wearable Technology Component Market Size and Volume Forecast by Type
9.7.1. Wristwear
9.7.2. Headwear & Eyewear
9.7.3. Neckwear
9.7.4. Wearable Cameras
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wearable Technology Component Demand Share Forecast, 2019-2026
10. Latin America Wearable Technology Component Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wearable Technology Component Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wearable Technology Component Market Size and Volume Forecast by Application
10.4.1. Fitness & Wellness
10.4.2. Consumer Electronics
10.4.3. Healthcare
10.4.4. Defense
10.4.5. Enterprise and Industrial Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wearable Technology Component Market Size and Volume Forecast by Type
10.7.1. Wristwear
10.7.2. Headwear & Eyewear
10.7.3. Neckwear
10.7.4. Wearable Cameras
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wearable Technology Component Demand Share Forecast, 2019-2026
11. Europe Wearable Technology Component Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wearable Technology Component Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wearable Technology Component Market Size and Volume Forecast by Application
11.4.1. Fitness & Wellness
11.4.2. Consumer Electronics
11.4.3. Healthcare
11.4.4. Defense
11.4.5. Enterprise and Industrial Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wearable Technology Component Market Size and Volume Forecast by Type
11.7.1.Wristwear
11.7.2. Headwear & Eyewear
11.7.3. Neckwear
11.7.4. Wearable Cameras
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wearable Technology Component Demand Share, 2019-2026
12. Asia Pacific Wearable Technology Component Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wearable Technology Component Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wearable Technology Component Market Size and Volume Forecast by Application
12.4.1. Fitness & Wellness
12.4.2. Consumer Electronics
12.4.3. Healthcare
12.4.4. Defense
12.4.5. Enterprise and Industrial Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wearable Technology Component Market Size and Volume Forecast by Type
12.7.1. Wristwear
12.7.2. Headwear & Eyewear
12.7.3. Neckwear
12.7.4. Wearable Cameras
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wearable Technology Component Demand Share, 2019-2026
13. Middle East & Africa Wearable Technology Component Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wearable Technology Component Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wearable Technology Component Market Size and Volume Forecast by Application
13.4.1. Fitness & Wellness
13.4.2. Consumer Electronics
13.4.3. Healthcare
13.4.4. Defense
13.4.5. Enterprise and Industrial Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wearable Technology Component Market Size and Volume Forecast by Type
13.7.1. Wristwear
13.7.2. Headwear & Eyewear
13.7.3. Neckwear
13.7.4. Wearable Cameras
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wearable Technology Component Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wearable Technology Component Market: Market Share Analysis
14.2. Wearable Technology Component Distributors and Customers
14.3. Wearable Technology Component Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Adidas AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xiaomi Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Apple Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Google Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Garmin Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fitbit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jawbone
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Samsung Electronics Co., Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sony Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Qualcomm Technologies, Inc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nike
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lifesense Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Misfit, Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
