Wearable Electronics Market: Global Industry Analysis and Forecast to 2020
Persistence Market Research Released New Market Report on “Wearable Electronics Market: Global Industry Analysis and Forecast to 2020.
Wearable Electronics are minute electronics devices worn by the consumer which enable wireless networking and mobile computing. The word “wearable technology” refers to any electronic device or product which can be worn by a person to add computing in his action or work and utilize technology to benefit advanced features and characteristics. Wearable electronics may consist of glasses, jewelry, headgear, belts, arm wear, wrist wear, leg wear, footwear, skin patches, and e-textiles.
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In recent years, there has been lots of research and development going in the field of wearable electronics attributed to their popularity and wide acceptance in global market.
The major application market of wearable electronics include, Healthcare and Medical- blood pressure monitors, hearing Aids, continuous glucose monitoring, smart glasses and others
Fitness and Wellness- activity monitors, emotional measurement, foot pods and pedometer, head up display, sleep sensors, smart clothing, smart watches, sleep sensors and others
North America is the largest market for wearable electronics followed by Europe and Asia Pacific. In the last few years, North America has been witnessing the fastest growth rate; however Asia Pacific region is expected to take over as the fastest growing market in upcoming years.
Some of the major drivers of the industry include increasing demand of consumers towards communication, networking, positioning...