Wearable Technology Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecasts from 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Wearable Technology Market Analysis, Market Size, Share,

Regional Outlook, Industry Trends, Competitive Strategies

And Segment Forecasts From 2012 To 2020

Industry Insight

Wearable electronic devices are integrated with highly developed electronic technologies attached or

worn to the human body allowing mobile computing and wireless networking. They work

simultaneously with human actions and are connected to smart applications in a network. This

technology has possible for growth as it makes daily tasks easier and enhances customer experience.

Increased popularity of numerous applications served such as advertising, infotainment, running

(navigation) and cycling, surgery, label reader, telemedicine, accessing patient records, project planning,

sports brain, remote patient monitoring and among others. The use of cloud computing and Internet of

Things (IoT) is also anticipated to enhance the market growth. These technologies are used for remote

track incidents like mountain expeditions, natural disasters, etc. Lack of privacy and high costs are some

of the factors that restrain market growth.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Product Insights

Depending on the body parts and wearable technology, the market is segmented into finger & wrist

wear, body wear, eye wear, neck wear, foot wear and others. The devices under finger & wrist wear

segment are smart watches smart rings and wrist bands among others. These devices are able of

tracking the patient’s heart rate, activity level, sleep pattern, calories burned, and they are integrated

with smart phones where patient can receive and make phone calls. The eye wear category includes

devices such as eye tap, smart glasses, and contact lenses among others. Eye taps are fitted with camera

that records the sight available...