Market Reports Center announces a new report “Global Wearable Technology Ecosystem Market Research Report 2023” added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.

1. Wearable Technology Ecosystem Market
2018-2030:– Opportunities, Challenges,
Strategies, Industry Verticals and Forecasts
Wearable device shipments will grow at a CAGR of approximately 22% between 2018 and
2021. By the end of 2021, wearable devices will represent a market worth $45 Billion with over
250 Million annual unit shipments
While wearable technology has been utilized in vertical sectors such as the military and
healthcare industries 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 Smartwatches and fitness trackers to
smart glasses to hearables.

2. 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.
Companies as varied as smartphone OEMs, mobile operators, health insurers and retailers are
circling the ecosystem alongside tiny startups, all vying for a stake.
Research estimates that wearable device shipments will grow at a CAGR of approximately 22%
between 2018 and 2021. By the end of 2021, wearable devices will represent a market worth $45
Billion with over 250 Million annual unit shipments.
Request For Sample Of This Research Report @ https://marketreportscenter.com/request-
sample/586573
The Wearable Technology Ecosystem: 2018-2030 Opportunities, Challenges, Strategies,
Industry Verticals & Forecasts” report presents an in-depth assessment of the wearable
technology ecosystem including market drivers, challenges, enabling technologies, consumer and
enterprise applications, key trends, case studies, opportunities, future roadmap, value chain,
ecosystem player profiles, vendor market share and strategies. The report also presents forecasts
for wearable device shipments and revenue from 2018 through to 2030. The forecasts cover 9
device form factor submarkets, 7 vertical markets, 6 regions and 73 countries.
The report comes with an associated Excel datasheet suite covering quantitative data from all
numeric forecasts presented in the report.
Topics Covered
The report covers the following topics:
- Wearable technology ecosystem
- Market drivers and barriers
- Key enabling technologies and concepts including low cost sensors, wireless connectivity,
voice recognition and augmented reality
- Analysis of vertical markets and applications – for consumer, healthcare, professional sports,
retail & hospitality, military, public safety and 8 other sectors
- Case studies of 10 wearable technology deployments reviewing solutions, vendors, applications
and feedback from end users

3. - Wearable device vendor market share
- Prospects of smartphone OEMs and cellular chipset suppliers in the wearable technology
ecosystem
- Impact of 5G NR (New Radio), cellular IoT and ProSe (Proximity Services) on wearable
technology
- Industry roadmap and value chain
- Profiles and strategies of more than 360 leading ecosystem players including wearable
technology suppliers and vertical domain specialists
- Strategic recommendations for enabling technology providers, wearable device OEMs,
application developers and mobile operators
- Market analysis and forecasts from 2018 till 2030
Forecast Segmentation
Market forecasts on are provided for each of the following submarkets and their
subcategories:
Form Factor Submarkets
- Smart Bands
- Smartwatches
OS-Powered Smartwatches
Basic Smartwatches
- Smart Glasses
- Smart Clothing
- Smart Earwear
- Smart Jewelry
- Heads-up Displays

4. - Others
Vertical Submarkets
- Consumer
- Healthcare
- Professional Sports
- Retail & Hospitality
- Military
- Public Safety
- Others
Regional Markets
- Asia Pacific
- Eastern Europe
- Latin & Central America
- Middle East & Africa
- North America
- Western Europe
Get Exclusive Discount on This Report @ https://marketreportscenter.com/request-
discount/586573
Country Markets
73 Country level markets: Algeria, Argentina, Australia, Austria, Bangladesh, Belarus, Belgium,
Bolivia, Bosnia & Herzegovina, Brazil, Bulgaria, Canada, Chile, China, Colombia, Croatia,
Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Greece, Hong Kong,
Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Luxembourg, Malaysia, Mexico,
Morocco, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Paraguay, Peru, Philippines,

5. Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, South
Africa, South Korea, Spain, Sudan, Sweden, Switzerland, Taiwan, Tanzania, Thailand, Tunisia,
Turkey, UAE, UK, Ukraine, Uruguay, USA, Uzbekistan, Venezuela and Vietnam
Key Questions Answered
The report provides answers to the following key questions:
- How big is the wearable technology ecosystem?
- What trends, challenges and barriers are influencing its growth?
- How is the ecosystem evolving by segment and region?
- What will the market size be in 2021 and at what rate will it grow?
- Which vertical markets will see the highest percentage of growth?
- How do standardization and regulation impact the adoption of wearable technology for the
healthcare industry and other sectors?
- What opportunities exist for cellular chipset suppliers in the wearable technology ecosystem?
- How can mobile operators capitalize on the growing popularity of smartwatches, fitness bands,
smart glasses and other wearable devices?
- What are the future prospects of hearables and other emerging form factors?
- Who are the key ecosystem players and what are their strategies?
- What strategies should wearable technology suppliers and vertical domain specialists adopt to
remain competitive?
Key Findings
The report has the following key findings:
- Research estimates that wearable device shipments will grow at a CAGR of approximately 22%
between 2018 and 2021. By the end of 2021, wearable devices will represent a market worth $45
Billion with over 250 Million annual unit shipments.

6. - In terms of annual wearable device unit shipments, the top 5 vendors – Apple, Xiamo, Fitbit,
Samsung and Garmin – collectively account for more than 55% of the market.
- Cellular connectivity and associated advanced capabilities – such as VoLTE (Voice over LTE)
– are increasingly being integrated into consumer oriented wearables such as smartwatches.
- Research estimates that wearable devices will help mobile operators drive more than $12
Billion in service revenue by the end of 2021, following a CAGR of approximately 36% between
2018 and 2021.
- As wearable technology vendors seek to minimize dependence on hardware sales, new business
models are continuing to gain popularity – ranging from corporate wellness programs to sports
performance analytics.
Browse Full Research Report with Table of Content @
https://marketreportscenter.com/reports/586573/the-wearable-technology-ecosystem-2018-
2030-opportunities-challenges-strategies-industry-verticals-and-forecasts
Topic Covered;
Wearables, Wearalbe Devices, Fitbit, Xiaomi, Samsung, Apple, Smartwatch, Fitness Trackers,
Smart Bands, Smart Glasses, Google Glass, M2M, IoT, Healthcare, mHealth, Sports, Heads-Up
Displays, Smart Jewelry, Hearables, AR, Augmented Reality, VR, Virtual Reality
About Market Reports Center:
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers,
experts, professionals who are subject to market research information for their work, or to make
strategic business decisions. We are dedicated to create a comprehensive offering of market
research which is accurate, credible and affordable.
Market Reports Center currently has more than 4, 00,000 plus titles and 50+ Publishers on our
platform and growing consistently. We cover more than 35 industry verticals being: Automotive,
Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture,
Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center

7. 1-646-883-3044 (US)
Email: info@marketreportscenter.com
Website: https://marketreportscenter.com