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Wearable Sensors Market Electronics

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<strong>Wearable</strong> <strong>Sensors</strong> <strong>Market</strong><br />

In the recent past, wearable technology has witnessed an overwhelming attention from various<br />

industries and researchers across the globe. From smart watches to headphones to eye-wear and fitness<br />

bands, trends of wearable technology is continually growing. These products today are expected to<br />

deliver valuable services providing individuals better lifestyle. <strong>Wearable</strong> sensors are small but crucial<br />

components of wearable technology which enable smart wearable devices to track and monitor several<br />

parameters such as movements, temperature, speed, muscle activity blood pressure, and others. Key<br />

sensors such as accelerometer, gyroscope, magnetometer, photoplethysmogram sensor, pressure<br />

sensors, and temperature sensor, among other are required for smart wearable devices. The wrist worn<br />

wearable for entertainment, wellness and fitness related applications, are key contributor to the rapidly<br />

growing market traction for these devices. Moreover, high demand and penetration of smart wearable<br />

devices have resulted in increasing demand for wearable sensors.<br />

<strong>Wearable</strong> <strong>Sensors</strong> <strong>Market</strong>: Drivers and Restraints<br />

Increasing adoption of wearable devices globally are thereby increasing the demand for wearable sensors<br />

alongside. In addition to this some of the prominent drivers for wearable sensor market are factors such<br />

as high demand for medical wearable devices, miniaturization of sensors and trends of internet of things,<br />

augmented reality and machine to machine connected platforms among others. On the other hand,<br />

factors such as high cost of wearable devices, and concerns regarding reliability and privacy issues may<br />

act as a major restraint for the wearable sensor market.<br />

©2015 Future <strong>Market</strong> Insights, All Rights Reserved 4

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