DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of SNS Research's new report "The Wearable Technology Ecosystem: 2016 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts" to their offering.
The global wearable device shipments is forecast to grow at a CAGR of 29% between 2016 and 2020, resulting in a market worth $40 Billion by the end of the period.
While wearable technology has been utilized in vertical sectors such as the military and healthcare industries for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community. Key enabling technologies including low cost sensors, wireless connectivity, active materials and energy have converged to make wearable technology mainstream.
With the continued miniaturization of enabling technologies, wearable devices have hit the mass market in a diverse variety of form factors, ranging from glasses to even jewelry.
Driven by the ability to interconnect with key modern trends of healthcare, fitness, messaging and socialization, the wearable technology ecosystem is attracting significant levels of interest. Companies as varied as smartphone OEMs, mobile operators, health insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a stake.
The Wearable Technology Ecosystem: 2016 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals & Forecasts report presents an in-depth assessment of the wearable technology ecosystem including key market drivers, challenges, investment potential, consumer & vertical market opportunities, use cases, future roadmap, value chain, case studies, vendor market share and strategies.
Companies Mentioned Include:
- 270 Vision
- 3L Labs
- 4DForce
- 4iii Innovations
- 9Solutions
- ARA (Applied Research Associates)
- Moticon
- Motion Fitness
- Motorola Mobility
- Movable
- Mozilla Corporation
- WTS (Wonder Technology Solutions)
- X-Doria (Doria International)
- Xensr
- Zoll Medical Corporation
-
ZTE Corporation
Report Structure:
1: Introduction
2: An Overview of Wearable Technology
3: Vertical Opportunities & Use Cases
4: Industry Roadmap & Value Chain
5: Market Analysis & Forecasts
6: Key Market Players
7: Conclusion & Strategic Recommendations
For more information visit http://www.researchandmarkets.com/research/m7gbs9/the_wearable