WORLDWIDE WEARABLE DEVICE SECURITY MARKET –
DRIVERS, OPPORTUNITIES, TRENDS, AND FORECAST, 2016-2022
According to Infoholic Research, the "Worldwide Wearable Device Security" market will grow at an estimated CAGR of 51.4% during the forecast period 2016–2022.
TOP 4 DRIVERS Growing smartphone users
Increased Global
dependence
drive for the use
on the internet
Global investments
of wearable
from government
devices in
and IT rms
industries
Worldwide Wearable Device Security Market – Drivers, Opportunities, Trends, and Forecast, 2016-2022
40.00 35.00 30.00 25.00 20.00 15.00 10.00 5.00 0.00
78.2%
60.1%
44.0%
45.9%
45.2%
38.1% 35.70 20.04
2.97
4.10
2016
2017
5.91
2018
8.58
2019
12.52
2020
2021
90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0%
2022
MARKET TRENDS AND IMPACT
It is expected that by 2022, smart watch and healthcare wristband are expected to lead the overall wearable device market segment
Virtual reality devices will rule the market share in the wearable device market smart eye wear segment
It is expected that by 2025, the smart sensors in global wearabletechnology market will be reaching up to $6 Billion
It is foreseen that smart clothing and smart jewellery will play a major role in the growth of wearable technology market in the coming years
The upcoming hearable are wireless computing earpieces that provide new biometric data for users.