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North America Wearable Electronics Market to grow at a CAGR of 25.6% during 2016 - 2022
The North America Wearable Electronics Market is expected to grow at a CAGR of 25.6% during 2016 -2022. The U.S market dominated the North America Wearable Electronics Market in 2015, and would continue to be a dominant market till 2022; thereby, growing at a CAGR of 24.7% during the forecast period. The Canada market is expected to reach a market size of $2165.5 million by 2022. However, Mexico market is expected to grow at CAGR of 27.3% during 2016-2022.
The Consumers segment contribute the largest share to revenues of the North America Wearable Electronics Market in 2015, and would continue to be a dominant market till 2022; and is expected to grow at a CAGR of 26.12% during the forecast period. However, Commercial segment is expected to grow at CAGR of 24.9% during 2016-2022. The report highlights the adoption of Wearable Electronics market, in North America. Based on the Application, the Wearable Electronics Market is segmented into Consumer and Commercial Application markets. The Consumer Application market is further bifurcated into Lifestyle, Fitness and sports, Healthcare, Entertainment and Others segments.
The Commercial Application market is further segmented into Defence and Enterprise & Industrial markets. Based on the Components, the market is segmented across PCBs (Printed Circuit Board), Memory, Battery, Sensor, Connectivity, Audio, Display, Camera and Others market. The market is also segmented as Wrist-Wear, Eye-Wear, Foot-Wear, Neck-Wear, Body-Wear and Others market. The countries included in the report are U.S, Mexico, Canada and Rest of North America. Key market participants profiled in this report include Apple Inc., Samsung Electronics, Google, Lenevo, Garmin, Fitbit, Nike and Adidas.
Research Scope The market is segmented based on Applications, Components, Products and Countries.