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Wearable technology ecosystem market to grow 40% over the next 6 years
1. The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges,
Strategies, Industry Verticals and Forecasts - Order report by calling
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While Wearable Technology Market has been utilized in vertical sectors such as the
military and healthcare 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, wireless carriers, health
insurers and retailers are circling the ecosystem alongside tiny startups, all vying for a
stake.
Research estimates that by 2015, wearable devices shipments will surpass 90 Million, and
will account for nearly $20 Billion in revenue. The market is further expected to grow at a
CAGR of nearly 40% over the next six years.
The “Wearable Technology Ecosystem: 2014 – 2020 – 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. The report also presents forecasts for
wearable device shipments and revenue from 2014 through to 2020. The forecasts are
further segmented for 7 device form factor submarkets, 6 vertical markets, 6 regions and
73 countries.
The report comes with an associated Excel datasheet suite covering quantitative data from
all numeric forecasts presented in the report.
Topics Covered
The report covers the following topics:
Wearable technology ecosystem.
2. The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
Market drivers and barriers
Enabling technology for wearable devices
Prospects of standardization and regulation for wearable technology
Wearable technology industry roadmap and value chain
Assessment of vertical market opportunities and use cases for consumer,
healthcare, retail & hospitality, military, public safety and 8 other verticals
Case studies of wearable technology deployments
Company profiles and strategies of 276 wearable technology ecosystem players
Wearable device vendor market share
Prospects of smartphone OEMs in the wearable technology ecosystem
LTE Direct and its impact on wearable technology
Strategic recommendations for enabling technology providers, wearable device
OEMs, vertical market players, application developers and wireless carriers
Market analysis and forecasts from 2014 till 2020
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Historical Revenue & Forecast Segmentation
Market forecasts are provided for each of the following submarkets and their
subcategories:
Wearable device shipments and revenue
Wearable application ecosystem revenue
Wearable driven wireless carrier service revenue
Vertical Submarkets
Consumer
Healthcare
Retail & Hospitality
Military
Public Safety
Others
3. The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
Form Factor Submarkets
Smart Bands
Smart Watches
Smart Glasses
Smart Clothing
Smart Jewelry
Heads-up Displays
Others
Regional Markets
Asia Pacific
Eastern Europe
Latin & Central America
Middle East & Africa
North America
Western Europe
Country Markets
73 Country level markets: Algeria, Argentina, Australia, Austria, Bangladesh, Belarus,
Belgium, Bolivia, Bosnia & Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia,
Croatia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Greece, Hong
Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Luxembourg, Malaysia,
Mexico, Morocco, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Paraguay, Peru,
Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore,
Slovakia, South Africa, South Korea, Spain, Sudan, Sweden, Switzerland, Taiwan, Tanzania,
Thailand, Tunisia, Turkey, UAE, UK, Ukraine, Uruguay, USA, Uzbekistan, Venezuela and
Vietnam
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Key Questions Answered
The report answer the following key questions:
How big is the wearable technology ecosystem?
How is the ecosystem evolving by segment and region?
4. The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
What will the market size be in 2020 and at what rate will it grow?
What trends, challenges and barriers are influencing its growth?
Who are the key wearable device vendors and what are their strategies?
How much are vertical enterprises investing in wearable devices?
What opportunities exist for wireless chipset suppliers in the wearable technology
ecosystem?
How can wireless carriers capitalize on the growing popularity of smart glasses and
other wearable devices?
Which countries, regions and verticals will see the highest percentage of wearable
device shipments?
How big is the wearable applications ecosystem?
Key Findings
The report has the following key findings:
By 2015, wearable device OEMs will pocket nearly $20 Billion from device shipment
revenues
Wearable device shipments are further expected to grow at a CAGR of nearly 40%
over the next 6 years, eventually accounting for 340 Million device shipments by the
end of 2020
Wireless carriers are increasingly integrating wearable devices within their M2M
and IoT strategies
Wearable devices will help wireless carriers drive over $71 Billion in additional
service revenue by the end of 2020, following a CAGR of 95% between 2014 and
2020
The wearable applications ecosystem will account for nearly $850 Million in
revenue by the end of 2015
Driven by ongoing innovation and crowdfunding campaigns, Research estimates
that investors are expected to pour over $700 Million into wearable company
startups in 2014
The market is ripe for acquisitions of pure-play wearable technology startups, as
competition heats up between consumer and vertical centric OEMs
Nearly 50% of all wearable devices shipped in 2020 will support embedded cellular
connectivity. This represents a $1.1 Billion opportunity for wireless chipset
suppliers
5. The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
List of Companies Mentioned
270 Vision, 3L Labs, 4DForce, 4iii Innovations, 9Solutions, Active Mind Technology, Adidas,
AgaMatrix, AirType, Amazon, AMD (Advanced Micro Devices), Amiigo, Animas, Apple, ARA
(Applied Research Associates), Archos, ARM Holdings, Asahi Kasei Group, Atheer Labs, Atlas
Wearables, Augmendix, Avegant, BAE Systems, Baidu, BI (GEO Group), BIA Sport, Bionym, Biosensics,
BIT (Blue Infusion Technologies), Bluetooth Special Interest Group, BodyMedia, Boston Scientific, BRAGI,
Breitling, Brilliantservice, Broadcom, Brother Industries, Brunel University, BSX Insight, BTS
Bioengineering, Buhel, Cambridge Temperature Concepts, Carre Technologies, Casio, Catapult, Cisco,
Citizen, Cityzen Sciences, Codoon, CommandWear, ConnecteDevice, Control VR, CoolShirt Systems,
Creaholic, CSR plc, Cuff, Cyberdyne, DARPA (Defense Advanced Research Projects Agency), Dell, Diesel,
DKNY,DorsaVi (ASX), Dreamtrap Commercials, Durex, E Ink Holdings, EB Sport Group (Sync), EdanSafe,
Ekso Bionics, Electric Foxy, Emotiv Systems, Epson (Seiko Epson Corporation), EuroTech, Evena Medical,
Everfind, Exelis, EyeTap, Facebook, FashionTEQ, Fat Shark, Fatigue Science, FDA (U.S. Food and Drug
Administration), Filip Technologies, Finis, FitBark, Fitbit, Flextronics, Flyfit, Fossil, Foxtel, Freescale
Semiconductor, Fujitsu, Garmin, GDC4S (General Dynamics C4 Systems), GEAK (Shanda Group),
Gemalto, Geopalz, Georgia Institute of Technology,Ginger.io, Given Imaging, GlassUp, GN Store Nord
(Intelligent Headset), Google, GoPro, GOQii, HealBe, Heapsylon, HereO, Hovding, HP, HTC, Huawei, i’m
SpA, i4C Innovations, IAMAS (Japanese Institute of Advanced Media Arts and Sciences), ICEdot, iHealth
Lab, iLOC Technologies, Imagination Technologies, Imec, Immerz, Ineda Systems, InfinitEye, Instabeat,
Intel/Basis Science, InteraXon, Intersections, InvenSense, iRhythm, Iron Will Innovations, ITAMCO
(Indiana Technology and Manufacturing Companies), ITT Corporation, Jabra (GN Netcom), Jawbone,
Jaybird, Johnson & Johnson, Kapture, Ki Performance Lifestyle, Kiwi Wearables, KMS Solutions, Kreyos,
Kronoz (Mykronoz), L-3 Communications, L-3 Mobile-Vision, Lark Technologies, Laster Technologies,
LeapFrog Enterprises, Lechal, LG Electronics, Limmex, Lockheed Martin, LogBar, LOSTnFOUND,
Loughborough University, Lumo BodyTech, Lumus, Luxottica, Mad Apparel, Magellan (MiTAC Digital
Corporation), Martian Watches (SilverPlus), Matilde, McLear, Medtronic, Melon, Memi, META, Meta
(MetaWatch), Microsoft (Nokia), MindStream, Mio Global, Misfit Wearables, MiTAC International, Moff,
Moov, Moticon, Motion Fitness, Motion Metrics International Corporation, Motorola Mobility/Lenovo,
Motorola Solutions, Mutalink, Mutewatch, Myontec, Narrative, Neptune, NeuroPro, NeuroSky, Nike,
Nintendo, Nissan, Nod, Nokia, Notch Interfaces, NTT DoCoMo, Nuance, Nuubo, NVIDIA, NZN Labs,
Oculus VR (Facebook), Omate, Omega SA, OMG Life, Omron, OMsignal, Optalert, Optinvent, OrCam
Technologies, OriginGPS, Orpyx Medical Technologies, O-Synce, Owlet Baby Care, Palomar Health,
Panasonic, Paris Miki Holdings, Parvus, Pebble, Pepsi, Perpetua Power Source Technologies, PFO Tech,
Philips, Phyode, Plantronics, Playtabase, Polar Electro, Pragmasystems, Preventice, Proteus Digital
Health, PUSH Design Solutions, Qardio, Qualcomm, Raytheon, Razer, Recon Instruments, Rest Devices,
HLvision Technologies, Ringblingz, RSLSteeper, Rufus Labs, S3 ID, Salesforce.com, Samsung, Seiko,
SenseCore, Sensible Baby, Senso Solutions, Sensoplex, Sentimoto, Seraphim Sense, Shimmer,
6. The Wearable Technology Ecosystem: 2014 – 2020 - Opportunities, Challenges, Strategies, Industry
Verticals and Forecasts
ShotTracker, Si14, Sigmo, SITA, Skully Helmets, Smarty Destination Technology, Smarty Ring, SMI
(SensoMotoric Instruments), Snaptracs, Somaxis, Sonitus Medical, Sonostar, Sony, Sotera Wireless,
SpotNSave, Sqord, Stalker Radar (Applied Concepts, Inc), STMicroelectronics, Suunto, sWaP (Dyal
Trading), Swatch Group, T.Ware, Tarsier, TASER International, Technical Illusions, Thalmic Labs, The
Walt Disney Company, Theatro, TI (Texas Instruments), Timex Group, Tissot, TN Games, Tobii
Technology, Tomoon Technology, TomTom, Tory Burch, Touch Bionics, TrackingPoint, U.S. Department
of Defense, U-blox, Universities of Glasgow, University of Leeds, University of Reading, University of
Strathclyde, Validic (Motivation Science), Vancive Medical Technologies, Vandrico, Vergence Labs, Vidcie
(Looxcie), Vigo, Virgin Atlantic, VSN Mobil, Vuzix, We:eX (Wearable Experiments), Wearable
Intelligence, Weartrons Labs, Wellograph, Withings, WTS (Wonder Technology Solutions), Xensr,
Xiaomi, XOEye Technologies, Xybermind, Yingqu Technology, Zeiss (Carl Zeiss AG), Zephyr Technology,
Zepp Labs, Zinc Software, Zoll Medical Corporation, ZTE
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