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Global Wearable Sensors Market is Expected to Grow to US$1.067 billion in 2022

Wearable Sensors Market Research Report

Wearable Sensors Market Research Report

Market Research Report on Wearable Sensors Market

RAIPUR, INDIA, November 21, 2017 / --

Report Sellers has added a new market research report “Wearable Sensors Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Wearable sensors market is expected to grow from US$0.309 billion in 2017 to US$1.067 billion in 2022, at a compound annual growth rate of 28.05% over the forecast period. Demand for these types of sensors has been experiencing upswing since the major technological revolution over the last decade, which led to the miniaturization of devices and their connectivity to internet and smartphones.

Other key factors which have augmented the demand for these sensors are advancements in sensor technologies, multiple channels of wireless communication and longer battery life of the wearables. These sensors have found major application across healthcare sector and are being implemented actively for different applications like monitoring heart rate, pulse, body temperature, calories burnt among various other parameters.

Personalized and remote health monitoring has also impacted the demand for these sensors with new forms of devices being commercialized or, are in research and development phase. Even though, the demand for these sensors is growing exponentially; high power usage, privacy and security concerns are some of the factors restraining the market growth.

Competitive Insights: Competitive intelligence deals with major players in the market, their growth strategies, products, financials, and recent investments among others. Key industry participants which have been profiled as part of this section are NXP Semiconductors, STMicroelectronics, Texas Instruments, Infineon Technologies and Analog Devices along with several other players.

Browse through the complete description and in-depth TOC on “Wearable Sensors Market”

Report Scope

Wearable Sensors market has been segmented on the basis of type, application and end users. Under major product types Image Sensors, Position Sensors, Pressure Sensors, Inertial Sensors, and Motion Sensors among others have been covered, while by application this market has been segmented into Smart Clothing, Bodywear, Headwear, Wristwear, and Others. End users of these sensors are Healthcare Enterprises, Consumers, and Industrial users.

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