November 1, 2014

Wearable Technology Market Report

ELECTRONICS.CA PUBLICATIONS announces the availability of a new report entitled “Wearable Technology 2014-2024: Technologies, Markets, Forecasts”. Wearable technology market mainly concerns devices and apparel/textiles. Glasses, jewellery, headgear, belts, armwear, wristwear, legwear, footwear, skin patches, exoskeletons and e-textiles are involved and the device business is already large. As the wearable electronics business powers from over $14 billion in 2014 to over $70 billion in 2024, the dominant sector will remain the healthcare sector which merges medical, fitness and wellness. It has the largest number of big names such as Apple, Accenture, Adidas, Fujitsu, Nike, Philips, Reebock, Samsung, SAP and Roche behind the most promising new developments.

Fig. 1. Wearable electronics developers and manufacturers for healthcare by territory

Global Market for Wearable Technology

Wearable Electronics Report

Source: IDTechEx, Wearable Technology Market and Forecasts

By the end of the coming decade, advanced informatics as wearable electronics will match that healthcare market, with Google Glass and the best e-wristbands being among the most promising devices so far promising billion dollar sales potential. However, truly disruptive new technology, in the form of e-textiles, will also begin to establish major sales in a few years’ time and fashion, industrial, commercial and military applications will burgeon as a consequence. On the other hand, wearable infotainment will be increasingly commoditised by China, following its commoditisation of basic electronics wristwatches and earphones.

The world’s largest electronics, software, services and medical companies are among the many giants clashing horns on this so-called “new mobile phone” meaning the next potentially huge market after mobile phones, though rarely a direct replacement. Indeed, the biggest opportunity is medical/health/fitness addressing many of the biggest challenges in society today. Even software companies are saying, “hardware is the new software” because apps can now be modules or hardwired disposables and the intellectual property of the new hardware, such as sensing, energy harvesting/storing woven fibres, may be more disruptive and easily protected. The huge wearable technology market is now entering a rapid growth phase. This report examines leading indicators of future wearable technology sales such as relevant Google Trends, patent filings over the years, incidence of diabetes (treatment being a major sector of wearable technology already), cost reduction of the key enabling technologies, increase in functionality that is becoming possible and initial sales of new smart wristwear such as the Samsung watch and fitness monitors. All show that very rapid growth is in prospect.

This report purchase includes up to 30 minutes telephone time with an expert analyst who will help you link key findings in the report to the business issues you’re addressing. This needs to be used within three months of purchasing the report.

Wearable Technology Market Report
Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications’ web site. View the report: Wearable Technology 2014-2024: Technologies, Markets, Forecasts.

 

 

 

 

PARTIAL LIST OF TABLES

1.1. Simple comparison of the two main types of wearable technology with examples
1.2. Global number of wearable electronic devices in billions 2014-2024
1.3. Ex-factory unit price of wearable electronic devices in US$ 2014-2024 with infotainment showing fastest price erosion continuing past trends.
1.4. Global market value of wearable electronic devices in US$ billions 2014-2024
1.5. By applicational sector, the number of developers and manufacturers with largest sectors by market number and value for the future shown in red.
1.6. Examples of the surge of investment in wearable electronics
1.7. Examples of wearable products that merge the functions medical, healthcare, fitness, wellness.
1.8. Some of the major global issues being tackled by wearable electronics for medical, healthcare, fitness, wellness.
1.9. Some of the benefits brought by moving to wearable electronic and electric solutions are shown below
1.10. When the largest applicational sectors of advanced wearable electronics will first reach major sales levels
1.11. Some impediments to the growth of a further large market for wearable electronics and some solutions with the most widespread problems impacting sales the most being highlighted in red
1.12. Some failures of wearable electronics with reasons
1.13. Some of the more significant technology integration that will be used in wearable electronics 2014-2024.
1.14. Examples of wearable electronics ideas, products and enabling materials with potential identified as over or under $5 billion.
2.1. Examples of identified future needs and need for improved hardware/firmware and/or system/infrastructure changes are needed to achieve them
2.2. Some emerging mobile phone candidate technologies and the demands they may help to satisfy in the future
4.1. Watch industry statistics
4.2. Basic wristwatches: number billion, $ unit price ex-factory, total yearly market value $ billion 2014
5.1. Description and analysis of the main technology components of printed and potentially printed electronics
5.2. Current opportunity, market size and profitability
5.3. Market forecast by component type for 2013-2023 in US $ billions, for printed and potentially printed electronics including organic, inorganic and composites
5.4. Market value $ billions of only printed electronics 2013-2023
5.5. Total market value of printed versus non-printed electronics 2013-2023 US$ billion
5.6. Market value $ billions of only flexible/conformal electronics 2013-2023
5.7. Total market value of flexible/conformal versus rigid electronics 2013-2023 in US$ billion
5.8. The market for printed and potentially printed electronics by territory in $ billion 2013-2035
5.9. Possible breakdown of the market for printed and potentially printed electronics in 2035 by numbers and value
6.1. Total RFID Market Projections in US dollar billions 2012-2024
6.2. Market Size by Application type $ billions 2014-2024
7.1. Global distribution of some generally useful technologies by organisation with those likely to contribute to billions of dollars of extra sales of wearable electronics, though not on their own, highlighted in red.
7.2. Examples of wearable electronics developers and manufacturers for healthcare including medical, fitness, wellness and heated apparel. Shown in red are examples of advanced technology likely to be the basis of billions of dollars o
7.3. Examples of wearable electronics developers and manufacturers for infotainment. Shown in red are some of the technologies likely to power billions of dollars of extra market over the coming decade, though not on their own.
7.4. Examples of wearable electronics developers and manufacturers for industrial, emergency services, commercial laundry, schools, prisons, clubs and military purposes. The full number is of the order of three hundred. Shown in red ar
7.5. Wearable electronics developers and manufacturers in fashion and apparel not primarily medical, healthcare, fitness, wellness, military, industrial, commercial. The true number is of the order of two hundred. Some advanced technol
8.1. De-duplicated list of manufacturers and suppliers of wearable technology by location on the person

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