Asia Pacific Wearable Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Sensor Type (Accelerometer, Gyroscope, Position Sensor, Motion Sensor, Image Sensor, Pressure & Force Sensor, Touch Sensor, and Others), Application (Smart Wristwear, Smart Glass, Smart Bodywear, and Smart Footwear), and Vertical (Consumer Electronics, Healthcare, and Industrial & Enterprise)
The Asia Pacific (APAC) wearable sensor market is expected to reach US$ 3,247.28 million by 2028 from US$ 825.45 million in 2021. The market is estimated to grow at a CAGR of 21.6% from 2021 to 2028.
Internet penetration has increased notably in the last 5 years, and one-third of the APAC population uses the Internet at higher bandwidths. This has increased the number of Internet-enabled smart devices in developing countries. Smartphones are among the most used portable devices. In the wearable ecosystem, they are primarily used to gather and track health and fitness data for the 0–9 and 60 and above age groups. According to Cisco, ~6.3 billion people and ~500 million devices were connected to the Internet in 2003, and with increasing customers' focus on smart devices, the number reached ~6.58 billion devices in 2020. The increasing number of connected devices eventually fuels the demand for wearable sensors.
According to Cisco Systems, the growth in connected wearable devices from 325 million in 2016 to 529 million in 2018, particularly in healthcare applications. These applications are expected to continue to fuel the demand for connected wearable devices in the upcoming years. With growing investments by various industries in IoT and IoT sensors, the demand for wearable devices across multiple sectors is expected to rise and create a massive opportunity for the APAC wearable sensor market players in the near future. This APAC market is projected to rise at a good CAGR during the forecast period.
Asia Pacific Wearable Sensor Revenue and Forecast to 2028 (US$ million)
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Asia Pacific Wearable Sensor Market Segmentation
The APAC wearable sensor market is analyzed on the basis of sensor type, application, vertical, and country. Based on sensor type, the market is segmented into accelerometer, gyroscope, position sensor, motion sensor, image sensor, pressure and force sensor, touch sensor, and others. The accelerometer segment dominated the market in 2020.
Based on application, the market is segmented into smart wristwear, smart glass, smart bodywear, and smart footwear. The smart wristwear segment led the market in 2020.
Based on vertical, the market is segmented into consumer electronics, healthcare, and industrial and enterprise. The consumer electronics segment dominated the market in 2020.
Based on country, The APAC wearable sensor market is segmented into China, India, Japan, South Korea, and the Rest of APAC. China dominated the market in 2020.
Texas Instruments Incorporated, NXP Semiconductor, Analog Devices Inc, STMicroelectronics, Infineon Technology, Sensirion AG, Robert Bosch GmbH, Panasonic Corporation, TE Connectivity Corporation, and TDK corporation are the leading companies in the APAC wearable sensor market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Wearable Sensor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 APAC Expert Opinions
5. APAC Wearable Sensor Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Reach of Smart Wearable Devices
5.1.2 Rising Trend of Miniaturization
5.2 Market Restraints
5.2.1 High Cost and Performance Issues of Wearable Devices
5.3 Market Opportunities
5.3.1 Burgeoning Popularity of Connected Devices
5.4 Future Trends
5.4.1 Increasing Penetration of IoT, AR, and M2M Platform
5.5 Impact Analysis of Drivers and Restraints
6. Wearable Sensor Market – APAC Analysis
6.1 APAC Wearable Sensor Market Forecast and Analysis
7. APAC Wearable Sensor Market Analysis – By Sensor Type
7.1 Overview
7.2 Wearable Sensor Market, By Sensor Type (2020 and 2028)
7.3 Accelerometer
7.3.1 Overview
7.3.2 Accelerometer: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Gyroscopes
7.4.1 Overview
7.4.2 Gyroscopes: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Motion Sensor
7.5.1 Overview
7.5.2 Motion Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Image Sensor
7.6.1 Overview
7.6.2 Image Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Pressure and Force Sensor
7.7.1 Overview
7.7.2 Pressure and Force Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Touch Sensor
7.8.1 Overview
7.8.2 Touch Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.9 Position Sensor
7.9.1 Overview
7.9.2 Position Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.10 Others
7.10.1 Overview
7.10.2 Others: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8. APAC Wearable Sensor Market Analysis – By Application
8.1 Overview
8.2 Wearable Sensor Market, By Application (2020 and 2028)
8.3 Smart Wristwear
8.3.1 Overview
8.3.2 Smart Wristwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Smart Glasses
8.4.1 Overview
8.4.2 Smart Glasses: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Smart Bodywear
8.5.1 Overview
8.5.2 Smart Bodywear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Smart Footwear
8.6.1 Overview
8.6.2 Smart Footwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others Application
8.7.1 Overview
8.7.2 Others Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9. APAC Wearable Sensor Market Analysis – By Vertical
9.1 Overview
9.2 Wearable Sensor Market, By Vertical (2020 and 2028)
9.3 Consumer Electronics
9.3.1 Overview
9.3.2 Consumer Electronics: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Industrial and Enterprise Application
9.5.1 Overview
9.5.2 Industrial and Enterprise Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10. APAC Wearable Sensor Market – Country Analysis
10.1 Asia Pacific: Wearable Sensors Market
10.1.1 Asia Pacific: Wearable Sensors Market, by Key Country
10.1.1.1 China: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 China: Wearable Sensors Market, By Sensor Type
10.1.1.1.2 China: Wearable Sensors Market, By Application
10.1.1.1.3 China: Wearable Sensors Market, by Vertical
10.1.1.2 India: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 India: Wearable Sensors Market, By Sensor Type
10.1.1.2.2 India: Wearable Sensors Market, By Application
10.1.1.2.3 India: Wearable Sensors Market, by Vertical
10.1.1.3 Japan: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Japan: Wearable Sensors Market, By Sensor Type
10.1.1.3.2 Japan: Wearable Sensors Market, By Application
10.1.1.3.3 Japan: Wearable Sensors Market, by Vertical
10.1.1.4 South Korea: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 South Korea: Wearable Sensors Market, By Sensor Type
10.1.1.4.2 South Korea: Wearable Sensors Market, By Application
10.1.1.4.3 South Korea: Wearable Sensors Market, by Vertical
10.1.1.5 Rest of APAC: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Rest of APAC: Wearable Sensors Market, By Sensor Type
10.1.1.5.2 Rest of APAC: Wearable Sensors Market, By Application
10.1.1.5.3 Rest of APAC: Wearable Sensors Market, by Vertical
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product launch
12. Company Profiles
12.1 Texas Instruments Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 NXP Semiconductors
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Analog Devices, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 STMicroelectronics
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 INFINEON TECHNOLOGIES AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sensirion AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Robert Bosch GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Panasonic Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 TE Connectivity Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 TDK Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific: Wearable Sensors Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. China: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 4. China: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 6. India: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. India: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 12. South Korea: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 13. South Korea: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of APAC: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 16. Rest of APAC: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 18. Glossary of Terms
LIST OF FIGURES
Figure 1. APAC Wearable Sensor Market Segmentation
Figure 2. APAC Wearable Sensor Market Segmentation – By Country
Figure 3. APAC Wearable Sensor Market Overview
Figure 4. APAC Wearable Sensor Market, by Sensor Type
Figure 5. APAC Wearable Sensor Market, by Country
Figure 6. APAC- PEST Analysis
Figure 7. APAC Wearable Sensor Market– Ecosystem Analysis
Figure 8. APAC Wearable Sensor Market: Impact Analysis of Drivers and Restraints
Figure 9. APAC Wearable Sensor Market Forecast and Analysis (US$ Million)
Figure 10. APAC Wearable Sensor Market Revenue Share, by Sensor Type (2020 and 2028)
Figure 11. APAC Accelerometer: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC Gyroscopes: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Motion Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. APAC Image Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Pressure and Force Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Touch Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Position Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Others: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Wearable Sensor Market Revenue Share, by Application (2020 and 2028)
Figure 20. APAC Smart Wristwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Smart Glasses: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Smart Bodywear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. APAC Smart Footwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC Others Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. APAC Wearable Sensor Market Revenue Share, by Vertical (2020 and 2028)
Figure 26. APAC Consumer Goods: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. APAC Healthcare: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. APAC Industrial and Enterprise Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Asia Pacific: Wearable Sensors Market Revenue, by Key Country
Figure 30. Asia Pacific: Wearable Sensors Market Revenue Share, by Key Country (2020 & 2028)
Figure 31. China: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. India: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Japan: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. South Korea: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Rest of APAC: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
- Texas Instruments Incorporated.
- NXP Semiconductor.
- Analog Devices Inc.
- STMicroelectronics.
- Infeneon Technology.
- Sensirion AG.
- Robert Bosch GmbH.
- Panasonic Corporatin.
- TE Connectivity Corporation.
- TDK corporation.
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