Global Wearable Technology Ecosystem Market: 2015-2030 - Fitness & Sports Centric Wearable Device Shipments to Surpass 80 Million by 2020

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May 15, 2015, 12:59 ET

DUBLIN, May 15, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/t82zkh/the_wearable) has announced the addition of SNS Research's new report "The Wearable Technology Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals and Forecasts" to their offering.

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This Fitness & sports centric wearable device shipments to surpass 80 Million by 2020, says 'The Wearable Technology Ecosystem: 2015-2030' Report

While wearable technology has been utilized in vertical sectors such as the military and healthcare for many years, ongoing advances have triggered a major resurgence of the concept, particularly among the consumer community. Key enabling technologies including low cost sensors, wireless connectivity, active materials and energy have converged to make wearable technology mainstream. With the continued miniaturization of enabling technologies, wearable devices have hit the mass market in a diverse variety of form factors, ranging from glasses to even jewelry.

Driven by the ability to interconnect with key modern trends of healthcare, fitness, messaging and socialization, the wearable technology ecosystem is attracting significant levels of interest. Already prevalent in the consumer dominated fitness industry, wearables are also finding their way into professional sports. In fact, a number of wearables are specifically designed to support particular sports, such as Reebok's CHECKLIGHT head impact indicator which targets contact sports such as American football. SNS Research estimates that fitness and sports centric wearable device shipments are expected to grow at a CAGR of 28% over the next 5 years, eventually accounting for 80 Million device shipments by the end of 2020.

The "*Wearable Technology Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies, Industry Verticals & Forecasts*" report presents an in-depth assessment of the wearable technology ecosystem including key market drivers, challenges, investment potential, consumer & vertical market opportunities, use cases, future roadmap, value chain, case studies, vendor market share and strategies. The report also presents forecasts for wearable device shipments and revenue from 2015 through to 2030. The forecasts are further segmented for 7 device form factor submarkets, 7 vertical markets, 6 regions and 73 countries.

The report will be of value to current and future potential investors into the wearable technology sector, as well as wireless carriers, vertical enterprises, device OEMs and enabling technology providers who wish to broaden their knowledge of the ecosystem.

Key Topics Covered:

Chapter 1: Introduction

Chapter 2: An Overview of Wearable Technology

Chapter 3: Vertical Opportunities & Use Cases

Chapter 4: Industry Roadmap & Value Chain

Chapter 5: Market Analysis & Forecasts

Chapter 6: Key Market Players

Chapter 7: Conclusion & Strategic Recommendations

For more information visit http://www.researchandmarkets.com/research/t82zkh/the_wearable

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets