Wearable electronics are electronics embedded into various accessories and clothing. They are equipped with miniaturized devices such as microchips and sensors, which possess multiple features of cell phones and laptops. These electronic devices collect data and track activities in real time. A few of such devices are Google glasses, smart bands, smart watches, and smart clothing monitor real-time. Many of the wearable electronics possess hands-free technology. Smart watches have the capability to call, send and receive messages and notifications.
Various wearable electronic devices are helmet mounted displays, smart bands, smart clothing, smart glasses and smart watches. The leading players in the wearable electronics market in the United States are Adidas (Numetrex), Apple, BAE Systems, Carré Technologies, Fitbit, Garmin, Google, Jawbone, Kopin, LG Electronics, Ohmatex, OMSignal, Recon Instruments, Rockwell Collins, Samsung Electronics, Seiko Epson, Sony and Vuzix. Wearable electronic devices are categorised based on product such as Wristwear, Headwear/Eyewear, Footwear, Neckwear, Bodywear. Wearable electronic devices by type are Smart Textile and Non-Textile. The wearable electronics based on application are Consumer Electronics, Healthcare, and Enterprise & Industrial.
According to the study “Wearable Electronics in the US”, smart gadgets and gaming devices demand for more interactive gaming and entertainment attracting a massive growth. Headwear and eyewear wearables are the leasing electronic products in the recent times. These products possess augmented reality (AR) and virtual reality (VR) glasses and displays and grow significantly faster. Latest products include Sony Corporation (Japan) has launched a PlayStation with the VR glasses, Volvo Car Corporation (Sweden) uses VR glasses providing a virtual experience of a car.
The adoption of wearable technology is continuously increasing in the U.S. with the increasing demand for more innovative wearable electronics. It was estimated the Americas will hold a large share of the wearable technology market by the year 2022. Wristwear/fitness wear, and health and wellness monitoring wearables are more in demand in the USA. The country also makes investments and innovations in various applications such as healthcare, garment and fashion in the wearable technology market.
The increased use of Internet of Things (IoT) technology in innovative electronic wearables witnessed attractive and positive growth. Wearable electronics can be purchased based on the consumers’ requirement such as smart wearables for head, ear, eyes, body, arms, wrist, legs, feet, and others that can be worn on body or as parts of clothing or other accessories. The growing popularity of smart phones, mobile networks, mobile applications, computing, and broadband connectivity are the major contributors in the wearable technology market.
Wearable technology market growth is affected by many niche markets, less competitors, low barriers and no standard devices type that boosts the wearable electronics market in the coming years. The wearable technology market is expected to grow at a whooping rate in the coming years with increase in sales. This drives the consumers to opt for sophisticated gadgets of next-generation wearable devices. The wearable electronics are embedded with the growing popularity of Internet of Things (IoT) and connected devices.
Key Topics Covered in the Report:
US Wearable Electronic Products Market Research
US Wearable Electronic Products Market Future Outlook
US Smart Watch Market Research
Smart Watch Demand in the US
North America Smart Watches Market
US Gaming Devices Market Research Report
US Headphone Demand Analysis
US Bluetooth Devices Market Research
Bluetooth Headset Market Retail Sales in the US
Wearable Smart Watch Band Demand in US
Wearable Fitness Products Market Analysis
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Ankur Gupta, Head Marketing & Communications