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CAGR of 42.1% European Wearable Technology Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2019: Report by MarketResearchReports.biz

ALBANY, New York, August 28, 2014 /PRNewswire/ --

According to a New Market Report "European Wearable Technology Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," Growing at a CAGR of 42.1% from 2014 to 2019 

Wearable technology market is a niche market with current domination of a few players. As the technology is new and there are few players, the prices of the products are high. However, the applications of wearable devices are currently spanning across sectors such as fitness and wellness, infotainment, healthcare and medical and industrial and military. Additionally, the applications of these new technology products are expected to increase with further development in the devices, over the forecast period.

This market research study analyzes the wearable technology market at the European level, and provides estimates in terms of revenue (USD million) from 2013 to 2019. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.

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The application segments in the report include fitness and wellness, infotainment, healthcare and medical and industrial and military, estimated in terms of revenue (USD million). In addition, the products have been segmented into - Smart clothing and smart sport glasses, activity monitors, sleep sensors, smart watches, heads-up displays, smart glasses, continuous glucose monitor, drug delivery, monitors, wearable patches, hand worn terminals and augmented reality headsets among others. All these segments have also been estimated in terms of revenue (USD million).

European Wearable technology Market: By applications 

Fitness and Wellness

Infotainment

Healthcare and Medical

Industrial and Military

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European Wearable technology Market: By products 

Smart clothing and smart sport glasses

Activity monitors

Sleep sensors

Smart watches

Heads-Up displays

Smart glasses

Continuous glucose monitor

Drug delivery

Table of Contents 

Chapter 1 Preface 

1.1 Report Description

1.2 Research Scope

1.3 Research Methodology

Chapter 2 Market Overview 

2.1 Value chain analysis

2.2 Market Drivers

2.2.1 Large installed bases and rapid adoption of mobile compute products

2.2.2 Advances in materials sciences, augmented reality and chip evolution

2.2.3 Increased applications in healthcare and medical, fitness and wellness, infotainment, industrial and military sectors

2.2.4 Compactness, multi-functionality, portability and easy use of wearable technology products

2.3 Market Restraints

Chapter 3 Market segmentation by application and product type 

3.1 Overview

3.2 Fitness and wellness

3.2.1 Market size and forecast, 2012 - 2019

3.2.2 Smart clothing and smart sports glasses

3.2.3 Outdoor activity watch

3.2.4 Running watches

3.3 Infotainment

3.3.1 Market size and forecast, 2012 - 2019

3.3.2 Smart Watches

3.3.2.1 Market size and forecast, 2012 - 2019

3.3.2.2 With biometrics

3.3.2.3 Without biometrics

3.4 Healthcare and Medical

3.4.1 Market size and forecast, 2012 - 2019

3.4.2 Continuous glucose monitor

3.4.3 Market size and forecast, 2012 - 2019

3.4.4 Drug delivery

3.4.5 Market size and forecast, 2012 - 2019

3.4.6 Heart rate monitors

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In retail, RFID is seeing rapid growth for apparel tagging - that application alone demands 2.25 billion RFID labels in 2013. RFID in the form of tickets used for transit will demand 600 million tags in 2013. The tagging of animals (such as pigs, sheep and pets) is now substantial as it becomes a legal requirement in many more territories, with 375 million tags being used for this sector in 2013. This is happening in regions such as China and Australasia. In total, 5.9 billion tags will be sold in 2013 versus 4.8 billion in 2012. Most of that growth is from passive UHF RFID labels, with UHF tag sales overtaking HF and LF tag sales by volume in 2012. However, in 2013 UHF tag sales by value will only be 11% of the value of HF tag sales.

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Passive UHF market data segments - 10 year forecast  

Retail apparel and footwear

Retail-other

Logistics, conveyances, roll cages

Asset management/inventory

Medical/health care

Air baggage and cargo

Access control/ticketing

Embedded

Passive HF RFID market data segments - 10 year forecast  

Contactless cards/fobs

Smart tickets

Books

Medical

Assets/tools

Passports

People

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