A blend of top-down and bottom-up approaches were used to come to the exact market sizes and development rates of the global wearable technology market and its segments. Various secondary information sources were used to find the overall revenues, product portfolios and geographic reach of the companies operating in the wearable technology market. Estimates of the products and application classification revenues were confirmed and validated through primary interviews. Primary interviews are conducted with various players in wearable ecosystem and key opinion leaders to confirm the provided percentage split and market share. Considering the current market scenario and various other factors into our analytical approaches, the global Wearable Technology market is expected to grow at a CAGR of 20.8% during the forecast period 2016 – 2025 and accounts for US$ 170.91 Bn in the year 2025.
Browse market data tables and in-depth TOC of the Wearable Technology Market to 2025 @ http://theinsightpartners.com/reports/wearable-technology-market
The wearable technology market is divided on the basis of products and application, the products segment is further categorized on the basis of smart clothing & smart glasses, sleep sensors, smart watches, activity monitors, augmented reality headsets, continuous glucose monitor, heart rate monitors (HRMS), drug delivery devices, hand worn terminals, wearable patches, jewelries. The application segment is further classified on the basis of infotainment, fitness & wellness, healthcare & medical, industrial & military, safety & security, and fashion & lifestyle
The geographic segments considered in this report are North America (NA), Europe (EU), Asia-Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The geographic analysis highlights that North America accounted for the largest share in the global wearable technology market in 2015. The Asia-pacific region is expected to register a faster growth from 2016 to...