Wearable Sensor and Its Global Market Description:
http://www.transparencymarketresearch.com/wearable-sensor-market.html
Increasing application of wearable sensors is expected to expand the
global wearable sensor market in the coming few years. The growing
need to manage and monitor personal fitness and security by using
smart wearable devices is predicted to accelerate the growth of the
global wearable sensor market during the period from 2015 to 2020.
Technological advancements and dropping prices of wearable devices
have boosted the demand for wearable sensors in the recent past.
Healthcare segment has recently shown a high level of demand for
wearable sensors that can be used to monitor and scan patients. One
of the other top end users for the global wearable sensors market is
consumer electronics, smartphones in particular. Another segment that
is generating a high demand for the global wearable sensors market is
gaming. All segments employ customized wearable sensors that are
built for the specific purpose that they seek. They all are set to
benefit from the technological advancements that are occurring in the
various industry verticals. Two of the most commonly used devices in
the global wearable sensors market are fitness bands and
smartwatches.
The introduction of smart devices and smart watches from leading
companies such as Nike, Sony, and Samsung has created new growth
opportunities in the global wearable sensor market. Some of the
applications of wearable sensors are wrist wear, foot wear, body
wear, and others. Over the past few years, leading players have been
focusing on adopting high-end technologies for manufacturing
high-quality wearable devices. In 2014, by application, the global
wearable sensor market was led by the wrist-wear segment, which
accounted for US$32.6 mn. The wrist-wear segment is predicted to
expand at a 45.0% CAGR during the period between 2014 and 2020.
TECHNOLOGICAL ASPECTS OF WEARABLE SENSORS: http://bit.ly/27Cvy1F
North America displayed a growing desire to maintain healthier
lifestyles, especially in the U.S., Mexico, and Canada. The region
also plays host to some of the biggest names in the global wearable
sensors market. Their research and development efforts are therefore
aimed directly at the consumers in this region, prompting its growth
even further. Some of the top participants in the global wearable
sensors market include Panasonic Corporation, NXP Semiconductors,
Infineon Technologies AG, Analog devices Inc., Freescale
Semiconductor Inc., and Texas Instruments.
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