Future Market Insights (FMI), in its recent report titled “Wearable Computing Devices Market: Smart Fitness Devices to Outpace Market Growth, 2014 to 2020” indicates that the global wearable computing devices market revenue is expected to grow at a considerable CAGR of 36.8% during the forecast period. In addition, in terms of shipments this market is expected to reach over 160 million units by 2020. Vineet Kumar, a consultant at FMI, said, “Expected fall in average selling price of wearable devices in near future and increased awareness among users is likely to accelerate the growth of wearable computing devices market during the forecast period. Further, growing health concern and availability of open source application are anticipated to increase the adoption of smart fitness and smart accessories in the near future”.
This report includes two segments, namely, product category and vertical. The segment product category is further sub-segmented into smart accessories, smart textile and smart fitness accessories. Among all the aforementioned sub-segments, smart fitness accessories sub-segments accounted for more than 70% of the global wearable computing devices shipment share in 2013; however, this is expected to decrease by more than quarter share by 2020. The sub-segment smart textile shipment CAGR is 3x when compared to overall wearable computing devices CAGR in 2020. The sub-segment smart accessories can be further categorised into smart watches and smart bands. Among all the aforementioned categories, smart bands to dominate the market with 50% share of overall smart accessories revenue and shipment. Smart textile sub-segment includes smart apparels and clothing & innerwear. Of all the smart textile categories smart apparels market to experience higher CAGR than clothing & inner wear market over the forecast period.
Send Inquiry "Wearable Computing Devices Market: Global Industry Segment Analysis, Market Dynamics, Size, Trends, CAGR, Opportunity, Share, Competitive Analysis and Forecast 2014 to 2020" market research report at http://www.futuremarketinsights.com/askus/rep-gb-252
Latest Market Research Report:
Organic Cosmetics Market - ASEAN Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 to 2020, Future Market Insights http://www.futuremarketinsights.com/reports/details/asean-organic-cosmetics-market
Market Drivers/Restrains
ASEAN organic cosmetics market is driven by factors such as increasing health and skin problems resulting from the tropical climate and pollution in this region. Additionally, increasing investments in retail industry by international players, FDI support in ASEAN retail market, increased organic ingredients harvesting, growing demand for specialized products, and cross-border supply of capital and labour are the other factors, driving the ASEAN organic cosmetics market during the forecast period. However, high prices of specialized products will potentially restrict the acceptance of organic cosmetic products among the medium class population. Moreover, availability of natural raw materials and low-cost labor in ASEAN will attract the international players to setup their manufacturing plants in countries such as Thailand and Philippines. This will help to offer organic cosmetics at an affordable price.
Send Inquiry: http://www.futuremarketinsights.com/askus/rep-gb-as-29
Market Segmentation's
According to the application type, the ASEAN organic cosmetics market is segmented as: Fragrances, skin care, toiletries, hair care, makeup, and others. Among all the aforementioned applications, Hair care is expected to hold 28.2% of the total revenue share by 2020. However, the skin care market is anticipated to display a significant growth rate of 9.7% during the forecast period.
Media Center: www.futuremarketinsights.com/mediacenter
This report includes two segments, namely, product category and vertical. The segment product category is further sub-segmented into smart accessories, smart textile and smart fitness accessories. Among all the aforementioned sub-segments, smart fitness accessories sub-segments accounted for more than 70% of the global wearable computing devices shipment share in 2013; however, this is expected to decrease by more than quarter share by 2020. The sub-segment smart textile shipment CAGR is 3x when compared to overall wearable computing devices CAGR in 2020. The sub-segment smart accessories can be further categorised into smart watches and smart bands. Among all the aforementioned categories, smart bands to dominate the market with 50% share of overall smart accessories revenue and shipment. Smart textile sub-segment includes smart apparels and clothing & innerwear. Of all the smart textile categories smart apparels market to experience higher CAGR than clothing & inner wear market over the forecast period.
Send Inquiry "Wearable Computing Devices Market: Global Industry Segment Analysis, Market Dynamics, Size, Trends, CAGR, Opportunity, Share, Competitive Analysis and Forecast 2014 to 2020" market research report at http://www.futuremarketinsights.com/askus/rep-gb-252
Wearable Computing Devices Market: Smart Fitness Devices to Outpace Market Growth, 2014 to 2020: http://www.futuremarketinsights.com/reports/details/wearable-computing-devices-market
Latest Market Research Report:
Organic Cosmetics Market - ASEAN Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 to 2020, Future Market Insights http://www.futuremarketinsights.com/reports/details/asean-organic-cosmetics-market
Market Drivers/Restrains
ASEAN organic cosmetics market is driven by factors such as increasing health and skin problems resulting from the tropical climate and pollution in this region. Additionally, increasing investments in retail industry by international players, FDI support in ASEAN retail market, increased organic ingredients harvesting, growing demand for specialized products, and cross-border supply of capital and labour are the other factors, driving the ASEAN organic cosmetics market during the forecast period. However, high prices of specialized products will potentially restrict the acceptance of organic cosmetic products among the medium class population. Moreover, availability of natural raw materials and low-cost labor in ASEAN will attract the international players to setup their manufacturing plants in countries such as Thailand and Philippines. This will help to offer organic cosmetics at an affordable price.
Send Inquiry: http://www.futuremarketinsights.com/askus/rep-gb-as-29
Market Segmentation's
According to the application type, the ASEAN organic cosmetics market is segmented as: Fragrances, skin care, toiletries, hair care, makeup, and others. Among all the aforementioned applications, Hair care is expected to hold 28.2% of the total revenue share by 2020. However, the skin care market is anticipated to display a significant growth rate of 9.7% during the forecast period.
Media Center: www.futuremarketinsights.com/mediacenter
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