Global Wearable Technology Market 2020-2024

Global Wearable Technology Market 2020-2024
Technavio has been monitoring the global wearable technology market and it is poised to grow by USD 35.48 bn during 2020-2024, progressing at a CAGR of 13% during the forecast period. Our reports on global wearable technology 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 popularity of wearable devices as a payment method. In addition, emergence of hybrid smartwatch market is anticipated to boost the growth of the global wearable technology market as well.

Market Segmentation
Technavio’s global wearable technology market is segmented as below:

Product
Smartwatches
Wireless Headphones
HMDs
Smart Bands
Smart Clothing
Smart Glasses
Smart Rings
Geographic segmentation
APAC
Europe
MEA
North America
South America
Key Trends for global wearable technology market growth
This study identifies emergence of hybrid smartwatch market as the prime reasons driving the global wearable technology market growth during the next few years.

Prominent vendors in global wearable technology market
We provide a detailed analysis of around 25 vendors operating in the global wearable technology market, including some of the vendors such as Alphabet Inc., Apple Inc., Fossil Group Inc., Garmin Ltd., Huawei Investment & Holding Co. Ltd., LG Electronics Inc., Polar Electro Oy, Samsung Electronics Co. Ltd., Vuzix Corp. and Xiaomi Corp. .

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.

About Technavio
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 an accurate market growth.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global electronics market
      • Table Segments of global electronics market
    • Market characteristics
      • Table Market characteristics
    • Value Chain Analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendors: Key offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market Outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Smartwatches - Market size and forecast 2019-2024
      • Table Smartwatches - Market size and forecast 2019-2024 ($ millions)
      • Table Smartwatches - Year-over-year growth 2020-2024 (%)
    • Wireless headphones - Market size and forecast 2019-2024
      • Table Wireless headphones - Market size and forecast 2019-2024 ($ millions)
      • Table Wireless headphones - Year-over-year growth 2020-2024 (%)
    • HMDs - Market size and forecast 2019-2024
      • Table HMDs - Market size and forecast 2019-2024 ($ millions)
      • Table HMDs - Year-over-year growth 2020-2024 (%)
    • Smart bands - Market size and forecast 2019-2024
      • Table Smart bands - Market size and forecast 2019-2024 ($ millions)
      • Table Smart bands - Year-over-year growth 2020-2024 (%)
    • Smart clothing - Market size and forecast 2019-2024
      • Table Smart clothing - Market size and forecast 2019-2024 ($ millions)
      • Table Smart clothing - Year-over-year growth 2020-2024 (%)
    • Smart glasses - Market size and forecast 2019-2024
      • Table Smart glasses - Market size and forecast 2019-2024 ($ millions)
      • Table Smart glasses - Year-over-year growth 2020-2024 (%)
    • Smart rings - Market size and forecast 2019-2024
      • Table Smart rings - Market size and forecast 2019-2024 ($ millions)
      • Table Smart rings - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development of low-power electronics
    • Increasing number of strategic partnerships and M&A activities
    • Emergence of hybrid smartwatch market
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Alphabet Inc.
      • Table Alphabet Inc. - Vendor overview
      • Table Alphabet Inc. - Business segments
      • Table Alphabet Inc. - Organizational developments
      • Table Alphabet Inc. - Geographic focus
      • Table Alphabet Inc. - Segment focus
      • Table Alphabet Inc. - Key offerings
    • Apple Inc.
      • Table Apple Inc. - Vendor overview
      • Table Apple Inc. - Business segments
      • Table Apple Inc. - Organizational developments
      • Table Apple Inc. - Geographic focus
      • Table Apple Inc. - Segment focus
      • Table Apple Inc. - Key offerings
    • Fossil Group Inc.
      • Table Fossil Group Inc. - Vendor overview
      • Table Fossil Group Inc. - Business segments
      • Table Fossil Group Inc. - Organizational developments
      • Table Fossil Group Inc. - Geographic focus
      • Table Fossil Group Inc. - Segment focus
      • Table Fossil Group Inc. - Key offerings
    • Garmin Ltd.
      • Table Garmin Ltd. - Vendor overview
      • Table Garmin Ltd. - Business segments
      • Table Garmin Ltd. - Organizational developments
      • Table Garmin Ltd. - Geographic focus
      • Table Garmin Ltd. - Segment focus
      • Table Garmin Ltd. - Key offerings
    • Huawei Investment & Holding Co. Ltd.
      • Table Huawei Investment & Holding Co. Ltd. - Vendor overview
      • Table Huawei Investment & Holding Co. Ltd. - Business segments
      • Table Huawei Investment & Holding Co. Ltd. - Organizational developments
      • Table Huawei Investment & Holding Co. Ltd. - Geographic focus
      • Table Huawei Investment & Holding Co. Ltd. - Segment focus
      • Table Huawei Investment & Holding Co. Ltd. - Key offerings
    • LG Electronics Inc.
      • Table LG Electronics Inc. - Vendor overview
      • Table LG Electronics Inc. - Business segments
      • Table LG Electronics Inc. - Organizational developments
      • Table LG Electronics Inc. - Geographic focus
      • Table LG Electronics Inc. - Segment focus
      • Table LG Electronics Inc. - Key offerings
    • Polar Electro Oy
      • Table Polar Electro Oy - Vendor overview
      • Table Polar Electro Oy - Product segments
      • Table Polar Electro Oy - Organizational developments
      • Table Polar Electro Oy - Key offerings
    • Samsung Electronics Co. Ltd.
      • Table Samsung Electronics Co. Ltd. - Vendor overview
      • Table Samsung Electronics Co. Ltd. - Business segments
      • Table Samsung Electronics Co. Ltd. - Organizational developments
      • Table Samsung Electronics Co. Ltd. - Geographic focus
      • Table Samsung Electronics Co. Ltd. - Segment focus
      • Table Samsung Electronics Co. Ltd. - Key offerings
    • Vuzix Corp.
      • Table Vuzix Corp. - Vendor overview
      • Table Vuzix Corp. - Organizational developments
      • Table Vuzix Corp. - Geographic focus
      • Table Vuzix Corp. - Key offerings
    • Xiaomi Corp.
      • Table Xiaomi Corp. - Vendor overview
      • Table Xiaomi Corp. - Business segments
      • Table Xiaomi Corp. - Organizational developments
      • Table Xiaomi Corp. - Geographic focus
      • Table Xiaomi Corp. - Segment focus
      • Table Xiaomi Corp. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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