DUBLIN, May 12, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "U.S. Wearable Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.
The U.S. wearable sensors market is forecast to reach a value of $100.35 million by 2018 growing at a CAGR of 46.87% over the period 2015-2020. Wearable sensors are embedded in wearable devices to monitor bodily activities which include blood pressure, body temperature and heart rate, which is driving the healthcare industry as it enables remote data access. The market is driven due to the rising awareness of health and fitness, where wearable sensors play a vital role. The falling price of the components used to manufacture the wearable sensors is making the wearable devices affordable. Increasing demand across various application sectors such as wearable technology for fitness, healthcare and security is driving the U.S. wearable sensors market to grow lucratively.
The rising market of smartphones and tablets is enabling the integration of wearable devices with the smartphones. Wrist wear segment holds the majority of the market share and is anticipated to dominate the market during the forecast period. The Introduction of smart watches from companies like Samsung, Sony and Nike among others has given a boost to this market. U.S. has the highest penetration for wearable sensors as they are the early adapters of newer technology. The dominance is due to the urge to maintain a healthy lifestyle in U.S. Rapid increase in technological advancements in this country is also contributing to the growth of U.S. wearable sensors market.
The U.S. Wearable Sensors Market is segmented on the basis of Type (Motion, Inertial, Temperature, Pressure, Image, and Others), & Industry (Healthcare, Consumer Applications, Sports/Fitness, Industrial, Entertainment & Media, and Others).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
- Freescale Semiconductor
- Analog Devices
- Infineon Technologies
- General Dynamics
2. Key Findings
3. Market Overview & Dynamics
5. Porter'S Five Forces Analysis
6. Market Segmentation
7. Company Profiles
8. Investment Analysis
9. Future Of US Wearable Sensors Market
For more information visit http://www.researchandmarkets.com/research/v8tx5d/u_s_wearable
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SOURCE Research and Markets