Technavio has been monitoring the wearable electronics market and it is poised to grow by USD 41.24 billion during 2020-2024, progressing at a CAGR of 15% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
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Technavio has announced its latest market research report titled Global Wearable Electronics Market 2020-2024 (Graphic: Business Wire)
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acer Inc., Apple Inc., ASUSTeK Computer Inc., Huawei Investment & Holding Co. Ltd., Lenovo Group Ltd., LG Electronics Inc., Microsoft Corp., Samsung Electronics Co. Ltd., Sony Corp., and Xiaomi Group are some of the major market participants. Although the rising digitization of the global economy will offer immense growth opportunities, Increasing concerns over data security and privacy will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rising digitization of global economy has been instrumental in driving the growth of the market. However, Growing market for counterfeit products might hamper market growth.
Wearable Electronics Market 2020-2024: Segmentation
Wearable Electronics Market is segmented as below:
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Wearable Electronics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our wearable electronics market report covers the following areas:
Wearable Electronics Market size
Wearable Electronics Market trends
Wearable Electronics Market industry analysis
This study identifies the growing focus on the development of low-powered electronics as one of the prime reasons driving the wearable electronics market growth during the next few years.
Wearable Electronics Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Wearable Electronics Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Wearable Electronics Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Wearable Electronics Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist wearable electronics market growth during the next five years
Estimation of the wearable electronics market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the wearable electronics market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of wearable electronics market vendors
Table Of Contents :
Value chain analysis
Market segment analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Smartwatches - Market size and forecast 2019-2024
Wireless headphones - Market size and forecast 2019-2024
HMDs - Market size and forecast 2019-2024
Smart bands - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Product
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
ASUSTeK Computer Inc.
Huawei Investment & Holding Co. Ltd.
Lenovo Group Ltd.
LG Electronics Inc.
Samsung Electronics Co. Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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