Global Wearable Sensors Market 2021-2025

Global Wearable Sensors Market 2021-2025

Technavio has been monitoring the wearable sensors market and it is poised to grow by $ 1.04 bn during 2021-2025, progressing at a CAGR of 14.67% during the forecast period. Our report on the wearable sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the high demand for wearable lifestyle devices and increasing demand from sports sector. In addition, the high demand for wearable lifestyle devices is anticipated to boost the growth of the market as well.

The wearable sensors market analysis includes the application segment and geographic landscape.

Technavio's wearable sensors market is segmented as below:

By Application

• Wristwear
• Headwear
• Eyewear
• Others

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• MEA

This study identifies the automation of operations in manufacturing industryas one of the prime reasons driving the wearable sensors market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on wearable sensors market covers the following areas:

• Wearable sensors market sizing
• Wearable sensors market forecast
• Wearable sensors market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wearable sensors market vendors that include Analog Devices Inc., Arm Ltd., Infineon Technologies AG, mCube Inc., NXP Semiconductors NV, Robert Bosch GmbH, STMicroelectronics NV., TDK Corp., TE Connectivity Ltd., and Texas Instruments Inc. Also, the wearable sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Analog Devices Inc., Arm Ltd., Infineon Technologies AG, mCube Inc., NXP Semiconductors NV, Robert Bosch GmbH, STMicroelectronics NV., TDK Corp., TE Connectivity Ltd., Texas Instruments Inc.