Wearable Electronics Market (Smart Textile) expected to reach $8.36 Billion By 2018 at a CAGR of 17.7%.

The E&SC practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Wearable Electronics Market & Technology Analysis (2013 – 2018): By Components (Sensors, Battery, Display and Networking); Applications (Consumer, Healthcare, and Enterprise); Products (Smart Textiles, Smart Glasses and Smart Watches); Materials & Geography

 

The idea of providing a ubiquitous computing device that converges all our computing needs in a single wearable gadget in the form of a pair of goggles, a wrist-watch, and the likes has recently been commercialized. In coming years this market, which is known as the “Smart Textile Market” will consolidate and attain economy of scale. The term “Wearable Electronics” encompasses any electronic device or product that can be worn by a person to integrate computing in his daily activity or work and use technology to avail advanced features & characteristics.

 

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The amount of focus and efforts all across the value chain of the ecosystem suggest that players are going full throttle to cash in the big money that the market is currently offering and is yet to offer in the coming years. The market already has several successful wearable electronic products, some of the popular ones being Nike’s Fuel+ wrist-band, Jawbone UP and so on. The market is likely to witness loads of changes with some much awaited product such as Google’s Smart glass, Sony’s wrist watch, and others slated to launch soon. It is most likely that the market would see some big mergers and acquisitions along with many new players & start-ups, making it big in the industry.

The report based on this research study, by MarketsandMarkets, presents a detailed insight on the current wearable electronic industry, and identifies key trends of various segments of the market with in-depth quantitative and qualitative information. The report segments the global wearable electronics market on the basis of types of components and products, technologies, form-factor, application, and geography. Further, it contains revenue forecasts, and trend analysis with respect to the market’s time-line.

The report also identifies the drivers, restraints, opportunities, current market trends, winning imperatives, and burning issues of the global wearable electronics market. Apart from the market segmentation, the report also includes the critical market data and qualitative information for each product type along with qualitative analysis such as Porter’s five force analysis, market time-line analysis, market investment analysis, industry breakdown analysis and value chain analysis.

The agenda for the briefing includes discussion on key high growth markets, thereby marking the growth trends in the global wearable electronics market. Furthermore, the briefing would include discussion on the competitive scenario and geographic trends and opportunities in the macro-markets and micro-markets with respect to application and geography.

 

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