USA: Semiconductor revenues will reach $9 billion in 2019, led by wearable devices in the healthcare sector, according to our new report, WEARABLE SENSOR AND ELECTRONICS MARKET.
High end connectivity devices for WiFi, Bluetooth, and NFC will lead the market in 2019, followed closely by CPU devices, which together make up more than 50 percent of the market.
Healthcare wearable devices will account for nearly 50 percent of the $9 billion market. Semiconductors for smart glasses will account for 25 percent of the market. The reminder of the semiconductor market, in decreasing semiconductor content, will be for wearable devices for smart watches, wearable cameras, sports/activity trackers, smart clothing, and 3D motion trackers.
The semiconductor market will exhibit CAGR of 30 percent between 2015 and 2019. 3D wearable trackers will grow the fastest, at a CAGR of more than 60 percent.
We expect that the market for 3D wearable trackers will be primarily used for the elderly, replacing the current technology made popular by the commercial ‘I’ve fallen and I can’t get up’. Fourteen million 3D wearable trackers will be sold in 2019, representing less than 4 percent of wearable unit shipments, which will be dominated by healthcare devices.
This report from The Information Network analyzes the wearable industry and markets for the following wearable devices: wearable cameras, smart glasses, smart watches, healthcare, sports/activity trackers, 3D motion trackers, and smart clothing.
Forecasts are also presented for semiconductor content and markets for MEMs devices, sensors, CPUs and low-power MPUs, GPS, and connectivity chips.