The Global Wearable Sensors Market accounted
for USD 320.82 million in 2017 and is projected to grow at a CAGR of 30.2% during the forecast period of
2018 to 2025. The upcoming market report contains data for historic years 2016,
the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Some of the leading key players profiled in this study are TE Connectivity,
Panasonic Corporation, Infineon Technologies AG, ams AG, Robert Bosch GmbH,
STMicroelectronics, Analog Devices, Inc., Asahi Kasei Corporation, Knowles
Electronics, LLC., Broadcom, NXP Semiconductors, ARM Holdings PLC., Texas
Instruments Inc., mCube , Sensirion AG, Invensense, Inc. among others.
Major Market Drivers
and Restraints:
·
Rising ageing population
· Growing trend of IoT platform and smart living among end users
· Increase in inclination towards smaller, cheaper and smarter sensors
· Increasing number of connected devices
· High costs of wearable products
· Growing concerns with regards to privacy and security
· Lack of common standards and interoperability issue
· Growing trend of IoT platform and smart living among end users
· Increase in inclination towards smaller, cheaper and smarter sensors
· Increasing number of connected devices
· High costs of wearable products
· Growing concerns with regards to privacy and security
· Lack of common standards and interoperability issue
Competitive
Landscape: Global Wearable Sensors Market
The global wearable sensor market is consolidated due to the
presence of limited number of players concentrated in few countries. These
major players have adopted various organic as well as inorganic growth
strategies such as mergers & acquisitions, new product launches,
expansions, agreements, joint ventures, partnerships, and others to strengthen
their position in this market.
Market Segmentation: Global Wearable
Sensors Market
·
The global wearable sensor market is segmented
based on type, technologies, application, end-users and geographical segments.
·
Based on type, the global wearable sensor market
is segmented into accelerometers, gyroscopes, temperature and humidity sensors,
magnetometers, image sensors, pressure &force sensors, inertial sensors,
touch sensors, medical based sensors, motion sensors, microphones and
microspeakers and others. Medical based sensors are sub segmented into Blood
Flow Sensors, Blood Oxygen Sensors, Heart Rate Sensors, Hall Effect Sensors,
Blood Glucose Sensors and ECG sensors. Other types of wearable sensors are CO2
sensors, light sensors and position sensors.
·
On the basis of technology, the global wearable
sensor market is segmented into Cmos and Mems. Cmos are sub segmented into Very
Large-Scale Integration Technology (VLSI) and Nanoelectromechanical System
(NEMS). Other types of technology are Application-Specifitc Integrated Circuit
(ASIC), Microsystems Technology (MST) and optical spectroscopy.
·
Based on geography, the global wearable sensor
market report covers data points for 28 countries across multiple geographies
such as North America, South America, Europe, Asia-Pacific and Middle East
& Africa.
Key insights in the report:
·
Complete
and distinct analysis of the market drivers and restraints
·
Key
Market players involved in this industry
·
Detailed
analysis of the Market Segmentation
·
Competitive
analysis of the key players involved
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