U.K. Wearable Sensors Market Worth $21.21M by 2018
February 29, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "U.K. Wearable Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.
The U.K. wearable sensors market is expected to increase to $21.21 million by 2018 at a CAGR of 45.55% over the period 2015-2020. Wearable sensors are embedded in wearable devices to monitor bodily activities which include blood pressure, body temperature and heart rate, which is driving the healthcare industry as it enables remote data access. The market is driven due to the rising awareness of health and fitness, where wearable sensors play a vital role. The falling price of the components used to manufacture the wearable sensors is making the wearable devices affordable. Increasing demand across various application sectors such as wearable technology for fitness, healthcare and security is driving the U.K. wearable sensors market to grow lucratively.
The U.K. Wearable Sensors Market is segmented on the basis of Type (Motion, Inertial, Temperature, Pressure, Image, and Others), & Industry (Healthcare, Consumer Applications, Sports/Fitness, Industrial, Entertainment & Media, and Others).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
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