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Global Smart Wearables Outlook 2020 - Market Trends, Forecasts and Strategies for the $22 Billion Industry
[October 01, 2014]

Global Smart Wearables Outlook 2020 - Market Trends, Forecasts and Strategies for the $22 Billion Industry


(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/hwhk6j/smart_wearables) has announced the addition of the "Smart Wearables: Worldwide Market Trends, Forecasts and Strategies 2014-2020 " report to their offering.



Device manufacturers cannot afford to miss the wearables opportunity: 758 million smart wearable devices will be sold worldwide in the next 7 years, and device revenue will grow at a CAGR of 50% to reach USD22.9 billion in 2020. However, the market is still in its infancy and it will take until 2020 for wearable devices to reach the level of yearly unit sales that tablets achieved in 2013.

This report and accompanying data annex provide: - A 7-year forecast of the installed base, unit sales and device revenue for consumer-oriented (B2C) smart wearable devices worldwide, with a specific breakdown for the following devices in developed markets - A detailed 7-year forecast of the smart wearable installed base, device unit sales and revenue for four regions (see below) - An overview of device availability in the past 2 years, forthcoming launches and product roadmap strategies - An in-depth analysis of the trends, drivers and inhibitors for the adoption of smart wearables, and the strategies that players are adopting to expand smart wearables adoption - Comparative case studies of leading smart wearable device manufacturers, including Apple and Google - Recommendations for mobile operators, manufacturers and app developers.


The accompanying data annex presents the 7-year forecast for the smart wearables market, including the following key performance indicators (KPIs): - Installed base - Unit sales - Device revenue - Average selling price (ASP) Key Topics Covered: - Executive summary: The number of active smart wearable devices will reach almost 350 million by the end of 2020 - Key implications - Recommendations - Market definition and methodology - Definition of a smart wearable device and market drivers - Definitions of smart wearable device categories - Our definitions rely as much on the consumer's intended use case when purchasing the device as on its functionality - Forecast methodology: Sports, fitness and health activity is built into the model to better capture intended use cases for wearable devices - Potential disruptive factors affecting the smart wearables market - Definition of geographical regions - Business environment - Purchase intent: Smart wearable device purchase interest is strongly linked to smartphone and tablet ownership - Usage intent: Consumer demand for mobile health apps is low, despite strong industry support - Business environment: Industry push - Industry push: We expect twice as many device launches in 2014 as in 2013 - Industry push: Wearable technology start-ups are currently driving device availability but smartphone manufacturers are now disrupting that - Industry push: 48% of available smart wearable devices are compatible with third-party apps, creating the demand for a new app ecosystem - Business environment: Case studies - Worldwide forecasts and analysis - Smart bands: Forecast assumptions - Smart bands: Users and sales - Regional outlook Companies Mentioned - AT&T - Adidas - Apple - Asus - Carr? Technologies - Casio Electronics - Citizen Watch Company - Epson - Evernote - Fitbit - Fossil - Garmin - Google - HTC - Jawbone - LG Electronics - Misfit Wearables - Motorola - MyFitnessPal - Nike - Oakley - PayPal - Pinterest - Polar Electro - Samsung - Sony - Swatch - Timex - Verizon Wireless - Vodafone For more information visit http://www.researchandmarkets.com/research/hwhk6j/smart_wearables CONTACT: Research and Markets, Laura Wood, Senior Manager.

[email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Computing and Technology (http://www.researchandmarkets.com/categories.asp?cat_id=4&campaign_id=hwhk6j) .

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