Wearable Sensors Market Share, Size, Trends, Industry Analysis Report By Type (Motion Sensors, Gyroscopes, Accelerometers, Pressure and Force Sensors, Touch Sensors, Inertial Sensors, Magnetometers, Temperature and Humidity, Medical-based, Others); By Technology (MEMS, CMOS, Others) By Application (Smart Watch, Smart Fabric, Smart Glasses, Fitness Band, Smart Footwear, Others); By End-User (Consumer, Healthcare, Industrial, Defense, Others); By Regions, Segments & Forecast, 2018 - 2026
The worldwide Wearable Sensors Market is anticipated to reach around USD 4,281 million by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global wearable sensors market.
The expanding telecommunication industry, along with increasing demand from the healthcare sector increases the demand for wearable sensors. The increasing use of wearable sensors in consumer electronics and wearables, along with growing health awareness among consumers support the wearable sensors market growth. The rising adoption of MEMS and NEMS technologies, and IoT boosts the adoption of wearable sensors. Other factors driving the market growth include growing geriatric population, technological advancements, and development of smart technologies. New emerging markets, emerging consumer demographics, and increasing applications would provide growth opportunities for Wearable Sensors market in the coming years.
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