Wearable Sensors Market Rising

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According to a report issued by Vision Research Reports, the global wearable sensor market was valued at $123 million in 2015 and is projected to reach $2,258 million by 2022, growing at a CAGR of 52.9% from 2016 to 2022. Market advancement is attributed to advancements in sensor technology, wireless communication devices/technology, power supply technology, and others.

 

Report Highlights

Sponsored by Infosys

In Conversation with Antonio Neri, President & CEO – Hewlett Packard Enterprise & Salil Parekh, CEO – Infosys

Hear the CEOs of Infosys & HPE discuss the current crisis and how it has accelerated the need for digital transformation for their clients. Connectivity at the Edge, right mix of hybrid cloud, ability to extract data faster than ever before… these are just some of the contributions that HPE and Infosys make to our clients’ digital transformation journey.
  • In the healthcare sector, wearable sensors are mostly used in remote monitoring systems.
  • Accelerometer segment was valued at USD 32.3 million in 2016 and is anticipated to exhibit the highest CAGR of 43.6% over the forecast period.
  • Optical segment is anticipated to expand at a healthy CAGR of 38.0% by 2025.
  • Fitness band segment expected to expand at a significant CAGR of 39.5% over the forecast period.
  • Consumer segment is anticipated to exhibit a high CAGR of 41.4% over period 2018 – 2025.
  • APAC market was valued at $47.1 million in 2016 and is anticipated to register the highest CAGR over the forecast period.
  • North America region is anticipated to continue its dominance over the forecast period.
  • Key players in the market include NXP Semiconductors N.V., Robert Bosh GmbH, Texas Instruments, STMicroelectronics N.V., and Knowles Electronics, LLC. Robert Bosh GmbH accounts for a major share in the global market.

For more data, checkout a sample of the “Wearable Sensors Market” report and/or email [email protected].

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