The Worldwide Wearable Displays Industry is Projected to Reach $9.4 Billion by 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Wearable Displays: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Wearable Displays estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$9.4 Billion by 2027, growing at a CAGR of 20.2% over the analysis period 2020-2027.
Head-Mounted Displays, one of the segments analyzed in the report, is projected to record a 21.5% CAGR and reach US$4.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Smartwatches segment is readjusted to a revised 19.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $769.9 Million, While China is Forecast to Grow at 19.4% CAGR
The Wearable Displays market in the U.S. is estimated at US$769.9 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 19.4% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.9% and 17.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.9% CAGR.
Smart Bands / Activity Trackers Segment to Record 18.1% CAGR
In the global Smart Bands / Activity Trackers segment, USA, Canada, Japan, China and Europe will drive the 18.1% CAGR estimated for this segment.
These regional markets accounting for a combined market size of US$389.5 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 74 Featured) –
- AU Optronics
- BOE Technology
- Dresden Microdisplay
- E Ink
- Emagin Corporation
- Hannstar Display
- Japan Display
- Jasper Display
- Kopin Corporation
- LG Display
What’s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Wearable Displays – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/hjqnlh
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
