Global Wearable Sensor Market to Expand at 45.20% CAGR from 2014 to 2020 owing to Growing Healthcare Concerns
ResearchMoz added Latest Research Report titled " Wearable Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 " to it's Large Report database.
Wearable sensors are Micro-Electromechanical Systems (MEMs) based sensors which can sense and process the surrounding environment. Wearable sensors are embedded in wearable devices to monitor bodily activities which include blood pressure, body temperature and heart rate. The market is primarily driven due to the rising awareness of health and fitness, where wearable sensors play a major role. Moreover, the falling price of the components used to manufacture the wearable sensors is making the wearable devices affordable. In addition to this, the wearable sensors are also being used to monitor patients in the healthcare industry as it enables remote data access.
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The global wearable sensors market is expected to witness a significant growth during the forecast period. This is due to its increasing demand across various application sectors such as wearable technology for fitness, healthcare and security. The increase in demand of wearable technology is also driving the wearable sensors market. In addition, the growing market of smartphones and tablets is also enabling the integration of wearable devices with the smartphones. Presently, wrist wear segment holds the majority of the market share and is expected to dominate the market during the forecast period. The introduction of smart watches from companies like Samsung, Sony and Nike among others has given a boost to this market. Furthermore, the foot wear application market is also expected to grow rapidly during the forecast period.
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Table of Contents
Chapter 1 Preface
1.1 Research description
1.2 Research scope
1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market overview
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Increasing demand of advanced wearable devices
3.3.2 Application of wearable sensors for fitness and health monitoring devices
3.3.3 Decrease in price of raw materials for manufacturing wearable sensors
3.4 Market restraints
3.4.1 Security and compliance issues
3.5 Market opportunities
3.5.1 Increasing penetration of smart devices
3.5.2 Integration of wearable sensors for health monitoring
3.5.3 Wearable sensors as a new dimension to security
3.5.4 Open Data Ecosystem through wearable devices
3.6 Porter’s five force analysis
3.6.1 Bargaining power of suppliers – Low
3.6.2 Bargaining power of buyers - Medium
3.6.3 Degree of competition - High
3.6.4 Threat from new entrants - Medium
3.6.5 Threat from substitute products - Low
3.7 Market attractiveness by application, 2020
3.8 Market share by key players
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Wearable sensors are Micro-Electromechanical Systems (MEMs) based sensors which can sense and process the surrounding environment. Wearable sensors are embedded in wearable devices to monitor bodily activities which include blood pressure, body temperature and heart rate. The market is primarily driven due to the rising awareness of health and fitness, where wearable sensors play a major role. Moreover, the falling price of the components used to manufacture the wearable sensors is making the wearable devices affordable. In addition to this, the wearable sensors are also being used to monitor patients in the healthcare industry as it enables remote data access.
Download free Sample PDF report with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=269828
The global wearable sensors market is expected to witness a significant growth during the forecast period. This is due to its increasing demand across various application sectors such as wearable technology for fitness, healthcare and security. The increase in demand of wearable technology is also driving the wearable sensors market. In addition, the growing market of smartphones and tablets is also enabling the integration of wearable devices with the smartphones. Presently, wrist wear segment holds the majority of the market share and is expected to dominate the market during the forecast period. The introduction of smart watches from companies like Samsung, Sony and Nike among others has given a boost to this market. Furthermore, the foot wear application market is also expected to grow rapidly during the forecast period.
Read All Semiconductors Market Research Reports @ http://www.researchmoz.us/semiconductors-market-reports-63.html
Table of Contents
Chapter 1 Preface
1.1 Research description
1.2 Research scope
1.3 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market overview
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Increasing demand of advanced wearable devices
3.3.2 Application of wearable sensors for fitness and health monitoring devices
3.3.3 Decrease in price of raw materials for manufacturing wearable sensors
3.4 Market restraints
3.4.1 Security and compliance issues
3.5 Market opportunities
3.5.1 Increasing penetration of smart devices
3.5.2 Integration of wearable sensors for health monitoring
3.5.3 Wearable sensors as a new dimension to security
3.5.4 Open Data Ecosystem through wearable devices
3.6 Porter’s five force analysis
3.6.1 Bargaining power of suppliers – Low
3.6.2 Bargaining power of buyers - Medium
3.6.3 Degree of competition - High
3.6.4 Threat from new entrants - Medium
3.6.5 Threat from substitute products - Low
3.7 Market attractiveness by application, 2020
3.8 Market share by key players
About ResearchMoz
ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket
Albany NY, United States - 12207
Tel: +1-518-621-2074 / Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG
Global Wearable Sensor Market to Expand at 45.20% CAGR from 2014 to 2020 owing to Growing Healthcare Concerns
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