The wearable technology ecosystem market size, share, growth, trend 2015 – 2030 radiant insights

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The Wearable Technology Ecosystem Market Size, Share, Growth, Trend 2015 – 2030: Radiant Insights, Inc While wearable technology 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. Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 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. SNS Research estimates that by 2016, wearable device shipments will surpass 140 Million and will account for nearly $30 Billion in revenue. The market is further expected to grow at a CAGR of 30% over the next five years. The “Wearable Technology Ecosystem: 2015 – 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. The report also presents forecasts for wearable device shipments and revenue from 2015 through to 2030. The forecasts are further segmented for 7 device form factor submarkets, 7 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. Table of Contents 1 Chapter 1: Introduction

28

1.1

Executive Summary

28

1.2

Topics Covered 30

1.3

Historical Revenue & Forecast Segmentation

1.4

Key Questions Answered

1.5

Key Findings

34

33

31


1.6

Methodology

35

1.7

Target Audience

1.8

Companies & Organizations Mentioned 37

36

2 Chapter 2: An Overview of Wearable Technology 42 2.1

What is Wearable Technology? 42

2.2

Device Classification

42

2.2.1

Head-worn Devices

42

2.2.2

Wrist-worn Devices

42

2.2.3

Leg and Ankle-worn Devices

43

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 2.2.4

Arm, Chest and Neck-worn Devices

43

2.2.5

Smart Clothing & Jewelry

2.2.6

In-Body Wearables

2.3

Enabling Technologies 45

2.3.1

MEMS & Sensors

2.3.2

BT-LE (Bluetooth Low Energy) & WiFi 45

2.3.3

Voice Recognition

2.3.4

Lowed Powered Wireless SoCs 46

2.3.5

RFID & NFC

2.3.6

GPS & Navigation Technology 47

2.3.7

Energy Harvesting

2.3.8

Ergonomics & Materials Science

2.3.9

Augmented Reality

2.4

Market Growth Drivers 49

43

44

45

46

47

47

48

48


2.4.1

Proliferation of Smartphones

49

2.4.2

Advances in Enabling Technologies & Components

2.4.3

Interest from New Market Segments

2.4.4

Human Centric Assistance

2.4.5

Meaningful Analytics & Tracking

2.4.6

Venture Capital, Crowdfunding & Corporate Investments

2.4.7

Endorsement by Major Mobile OEMs

50

50

50 51 51

52

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 2.5

Market Barriers 52

2.5.1

High Costs

2.5.2

Power Consumption & Battery Life Issues

2.5.3

Usability & Unusual Styling

2.5.4

Potential Health Issues 53

2.5.5

Privacy & Security Concerns

2.5.6

Social Acceptance

52

53

53

54

3 Chapter 3: Vertical Opportunities & Use Cases 3.1

Consumer Markets

3.1.1

Infotainment & Lifestyle

55

56

3.1.1.3 Navigation Assistance 56 3.1.1.4 Smart Home Applications 3.1.1.5 Media & Entertainment 57 3.1.1.6 Memory Recall 57

55

55

3.1.1.1 Personal Assistance, Notifications & Alerts 3.1.1.2 Photography

52

56

55


3.1.2

Casual Sports & Fitness 57

3.1.3

Gaming 58

3.1.4

Pet Care

3.1.5

Child Care & Entertainment

3.1.6

Helping People with Disabilities 59

3.1.7

Car Insurance Claims

3.1.8

Accurate & Targeted Marketing 60

3.2

Healthcare

3.2.1

Remote Patient Monitoring

61

3.2.2

Assisted Patient Examination

61

58 59

59

61

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 3.2.3

Reducing Healthcare Costs

3.2.4

Optimizing Health Insurance Costs

3.2.5

Enhancing Medical R&D

3.3

Professional Sports

63

3.3.1

Sports Data Analytics

63

3.3.2

Enhancing Real-Time Decision Making 63

3.3.3

Injury Prevention

63

3.4

Retail & Hospitality

64

3.4.1

Improving Retail Productivity

3.4.2

Comparing & Contrasting Retail Items 64

3.4.3

Travel: Personalizing Customer Service 64

3.4.4

Replacing Hotel Keys and Credit Cards 65

3.4.5

Augmenting City & Museum Tours

3.5

Military

66

61 62

62

64

65


3.5.1

Enhancing Infantry Tactics: Shooting Without Being Shot

3.5.2

Monitoring Combat Stress & Injuries

3.5.3

Enhancing Situational Awareness in the Battlefield

3.5.4

Enabling Battlefield Mobility

3.5.5

Facilitating Communications with Military Dogs 68

3.6

Public Safety

3.6.1

Recording Criminal Evidence

3.6.2

Enhancing Situational Awareness & Assets Coordination

66

66 67

68

69 69 69

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 3.6.3

Identifying Suspects & Traffic Violators 70

3.6.4

Monitoring Biophysical Activity for First Responders

3.6.5

Enhancing Fire Fighting Capabilities

3.6.6

Improving Response to Medical Emergencies

3.7

Other Verticals 72

3.7.1

Construction Industry

3.7.2

Mining Industry72

3.7.3

Manufacturing Operations

72

3.7.4

Logistics & Supply Chain

73

3.7.5

Financial Services

3.7.6

Security & Authentication

3.7.7

Repair, Inspection & Field Services

3.7.8

Education

74

3.8

Case Studies

75

3.8.1

Virgin Atlantic: Improving Airline Customer Services with Wearable Technology

3.8.1.1 Solution & Vendors

70

70 71

72

73

75

73 74

75


3.8.1.2 Applications

75

3.8.1.3 Feedback from the Field75 3.8.2

U.S. Department of Defense: Delivering Tactical Information with Wearable Technology 76

3.8.2.1 Solution & Vendors 3.8.2.2 Applications

76

76

3.8.2.3 Feedback from the Field76 3.8.3

Dubai Police: Catching Speeding Drivers with Google Glass

3.8.3.1 Solution & Vendors 3.8.3.2 Applications

77

77

77

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 3.8.3.3 Feedback from the Field77 3.8.4

Disney: Theme Park Management with Wearable Technology

3.8.4.1 Solution & Vendors 3.8.4.2 Applications

78

78

78

3.8.4.3 Feedback from the Field78 3.8.5

AT&T: Connected Healthcare Monitoring for the Elderly

3.8.5.1 Solution & Vendors 3.8.5.2 Applications

79

79

79

3.8.5.3 Feedback from the Field79

4 Chapter 4: Industry Roadmap & Value Chain

80

4.1

Wearable Technology Industry Roadmap

80

4.1.1

2013 – 2014: Initial Hype & the Revival of Smart Watches

4.1.2

2015 – 2016: Convergence of Wrist Worn Wearables

4.1.3

2017 – 2020 & Beyond: The Augmented Reality & Smart Glasses Era

80

81 81


4.2

The Wearable Technology Value Chain 82

4.2.1

Enabling Technology Ecosystem

4.2.1.1 Chipset Vendors

82

82

4.2.1.2 Sensor, Display & Enabling Hardware Providers 83 4.2.1.3 OS & Software Providers 4.2.1

83

Wearable Device OEM Ecosystem

83

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 4.2.1.1 Vertical Centric OEMs 83 4.2.1.2 Smartphone, Tablet & Consumer Electronics OEMs 4.2.1.3 Fashion & Watch OEMs

84

4.2.2

Consumers & Vertical Enterprises

84

4.2.3

Wireless Carriers & the Connectivity Ecosystem 84

4.2.4

Applications Ecosystem 84

5 Chapter 5: Market Analysis & Forecasts 5.1

Global Outlook of Wearable Technology

5.2

Form Factor Segmentation

5.3

Smart Bands

5.4

Smart Watches 88

5.5

Smart Glasses 89

5.6

Smart Clothing 90

5.7

Smart Jewelry 91

5.8

Heads-up Display Systems

5.9

Others 93

5.10

Vertical Market Segmentation 94

86

87

92

85 85

83


5.11

Consumer Wearable Devices

95

5.12

Healthcare Wearable Devices

96

5.13

Professional Sports Wearable Devices

5.14

Retail & Hospitality Wearable Devices 98

5.15

Military Wearable Devices

5.16

Public Safety Wearable Devices 100

5.17

Wearable Devices in Other Verticals

5.18

Regional Market Segmentation 102

97

99

101

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 5.19

Asia Pacific

103

5.19.1 Australia

104

5.19.2 Bangladesh

105

5.19.3 China 106 5.19.4 Hong Kong 5.19.5 India

107

108

5.19.6 Indonesia

109

5.19.7 Japan 110 5.19.8 Malaysia

111

5.19.9 New Zealand

112

5.19.10 Pakistan

113

5.19.11 Philippines

114

5.19.12 Singapore

115

5.19.13 South Korea

116

5.19.14 Taiwan 117 5.19.15 Thailand

118


5.19.16 Vietnam

119

5.19.17 Rest of Asia Pacific 5.20

120

North America 121

5.20.1 Canada 122 5.20.2 USA 5.21

123

Western Europe 124

5.21.1 Austria 125 5.21.2 Belgium

126

5.21.3 Denmark

127

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 5.21.4 Finland 128 5.21.5 France 129 5.21.6 Germany

130

5.21.7 Greece 131 5.21.8 Ireland 132 5.21.9 Italy

133

5.21.10 Luxembourg

134

5.21.11 Netherlands

135

5.21.12 Norway 136 5.21.13 Portugal

137

5.21.14 Spain 138 5.21.15 Sweden 139 5.21.16 Switzerland 5.21.17 Turkey 141 5.21.18 UK

142

140


5.21.19 Rest of Western Europe 143 5.22

Eastern Europe 144

5.22.1 Belarus 145 5.22.2 Bosnia & Herzegovina 146 5.22.3 Bulgaria

147

5.22.4 Croatia 148 5.22.5 Czech Republic 149 5.22.6 Hungary

150

5.22.7 Poland 151 5.22.8 Romania

152

5.22.9 Russia 153 5.22.10 Serbia 154 5.22.11 Slovakia

155

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 5.22.12 Ukraine 156 5.22.13 Uzbekistan

157

5.22.14 Rest of Eastern Europe 158 5.23

Middle East & Africa

5.23.1 Algeria 160 5.23.2 Egypt 161 5.23.3 Israel

162

5.23.4 Kenya 163 5.23.5 Morocco 5.23.6 Nigeria 165 5.23.7 Qatar

166

164

159


5.23.8 Saudi Arabia

167

5.23.9 South Africa

168

5.23.10 Sudan 169 5.23.11 Tanzania

170

5.23.12 Tunisia 171 5.23.13 UAE

172

5.23.14 Rest of the Middle East & Africa

173

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 5.24

Latin & Central America

5.24.1 Argentina

174

175

5.24.2 Bolivia 176 5.24.3 Brazil 177 5.24.4 Chile

178

5.24.5 Colombia

179

5.24.6 Ecuador

180

5.24.7 Mexico 181 5.24.8 Paraguay 5.24.9 Peru

182

183

5.24.10 Uruguay

184

5.24.11 Venezuela

185

5.24.12 Rest of Latin & Central America

6 Chapter 6: Key Market Players 6.1

270 Vision

188

6.2

3L Labs

189

188

186


6.3

4DForce

190

6.4

4iii Innovations 191

6.5

9Solutions

6.6

Abbot Laboratories

6.7

Active Mind Technology

6.8

AcousticSheep 195

6.9

Adidas 196

6.10

AirType

197

6.11

Amazon

198

192 193 194

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 6.12

Ambit Networks

6.13

AMD (Advanced Micro Devices)

6.14

Amiigo 201

6.15

Amulyte

6.16

Apple 203

6.17

ARA (Applied Research Associates)

6.18

Archos 205

6.19

ARM Holdings 206

6.20

ASUS (ASUSTeK Computer)

6.21

Atellani 208

6.22

Atheer Labs

6.23

Atlas Wearables

6.24

Augmendix

211

6.25

Avegant

212

6.26

AVG

213

199 200

202

209 210

207

204


6.27

Baidu 214

6.28

BAE Systems 215

6.29

Basis Science

6.30

Beddit 217

6.31

Behavioral Technology Group 218

6.32

BIA Sport

6.33

Bionym 220

6.34

Biosensics

6.35

BIT (Blue Infusion Technologies)

6.36

Bitbanger Labs 223

6.37

BI (GEO Group)

216

219

221 222

224

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 6.38

Blocks Wearables

225

6.39

bOMDIC

6.40

Bondara (Nagook)

6.41

Boston Scientific Corporation

6.42

BRAGI 229

6.43

Brilliantservice 230

6.44

Broadcom

231

6.45

Breitling

232

6.46

Brother Industries

6.47

BSX Atheletics 234

6.48

BTS Bioengineering

6.49

Buhel 236

6.50

Cambridge Temperature Concepts

226 227 228

233

235

237


6.51

Carre Technologies

6.52

Casio 239

6.53

Catapult Sports 240

6.54

Citizen 241

6.55

Cityzen Sciences

6.56

Codoon 243

6.57

CommandWear 244

6.58

CompeGPS

238

242

245

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast 6.59

ConnecteDevice

246

6.60

Connect America

247

6.61

Control VR

6.62

Cool Shirt Systems

6.63

Creoir 250

6.64

CSR

251

6.65

Cuff

252

6.66

Cyberdyne

6.67

DAQRI 254

6.68

Dell

6.69

DK Tek Innovations

6.70

DorsaVi (ASX) 257

6.71

Dreamtrap Commercials

6.72

EB Sport Group 259

6.73

EdanSafe

260

6.74

Ekso Bionics

261

248 249

253

255 256

258


6.75

Electric Foxy

262

6.76

Emotiv Systems263

6.77

Enjoy S.R.L

6.78

Epson (Seiko Epson Corporation)

6.79

Everfind

266

6.80

EuroTech

267

6.81

Evena Medical 268

6.82

Exelis 269

6.83

EyeTap 270

6.84

FashionTEQ

264 265

271

Read Complete Report with TOC @ http://www.radiantinsights.com/research/the-wearabletechnology-ecosystem-2015-2030-opportunities-challenges-strategies-industry-verticals-andforecast About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. For More Information, Visit Radiant Insights Contact: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Blog URL: http://chemicalmaterialsmarket.blogspot.in/


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