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Wearable Sensor Market Worth $654.16 Million by 2020

The report "Wearable Sensor Market by Type (Motion, Pressure, Temperature, Medical & Others), Application (Wristwear, Eyewear, Footwear, Bodywear), Industry Verticals (Consumer, Healthcare, Enterprise) and Geography - Global Forecast to 2020", published by MarketsandMarkets, that includes an in-depth analysis of the market by application, type, industry verticals and geography. The global wearable sensor market revenue is expected to grow at a CAGR of 48.40%, and cross $654.16 Million by the end of 2020.

The term 'Wearable Electronics' refers to any electronic device or product which can be worn by a person, to integrate computing in his daily activity or work and use technology to avail advanced features and characteristics. In simple terms, wearable sensor is used to make routine things easier to perform, and also make life sophisticated by offering several computing features in various day-to-day applications, mainly due to integration of computing & communication devices. Today, several types of wearable sensor exist, with development of various types of technologies and advancements in wearable computing.

MarketsandMarkets report provides complete quantitative and qualitative information of the global wearable sensor market and all its segments (both - shipments and market revenue wise), and also forecasts the same till 2020. The report analyzes the global wearable sensor market and presents detailed insights on the market, when segmented by type, application, industry verticals, and geography. Besides this, detailed analysis on the drivers, restraints, and opportunities of the market are also presented along with an insightful quantitative analysis of the Porter's five forces and their impacts on the market.

The global wearable sensor products market revenue is expected to grow roughly at a CAGR of 48.40%, and cross $654.16 Million by the end of 2020, with steady sales of wrist-wear and foot-wear category, along with emergence of small market size for eye-wear and body-wear category.

The major players in wearable sensor market are Analog Devices, Inc. (U.S.), Freescale Semiconductor Inc. (U.S.), Infineon Technologies AG (Germany), Panasonic Corporation (Japan), and among others.
www.marketsandmarkets.com

 

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