Report : North America 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)
Consumer Electronics Segment to Dominate North America Wearable Sensor market Forecast to 2028 during 2019–2028
According to a new market research study on the North America Wearable Sensor market Forecast to 2028 –– by device, application vertical and countries is expected to reach US$ 1,244.1 million by 2028 from US$ 585.8 million in 2021. The market is estimated to grow at a CAGR of 11.4% from 2021 to 2028. The report provides trends prevailing in the North America Wearable Sensor market along with the drivers and restraints pertaining to the market growth. Increasing reach of smart wearable devices is the major factor driving the growth of the North America Wearable Sensor market. However, issues associated with high cost and performance issues of wearable devices the growth of North America Wearable Sensor market.
The North America Wearable Sensor market segmented into sensor type, application, vertical and country. Based on sensor type the North America Wearable Sensor market is segmented into accelerometer, gyroscope, position sensor, motion sensor, image sensor, pressure & force sensor, touch sensor and others. The accelerometer segment is dominated North America Wearable Sensor market in 2020.Based on application the North America Wearable Sensor market segmented into smart wristwear, smart glass, smart bodywear, and smart footwear. The smart wristwear segment North America Wearable Sensor market Dominated in 2020. Based on vertical the North America Wearable Sensor market segmented into consumer electronics, healthcare, and industrial & enterprise. The consumer electronics segment is dominated North America Wearable Sensor market in 2020.Based on country, The North America Wearable Sensor market segmented into US, Mexico, Canada. The US is dominated the North America Wearable Sensor market in 2020.
Texas Instruments Incorporated, NXP Semiconductor, Analog Devices Inc, STMicroelectronics,Infeneon Technology, Sensirion AG, Robert Bosch GmbH, Panasonic Corporatin, TE Connectivity Corporation and TDK corporation are among the leading companies in North America Wearable Sensor market. For instance, Sep-2021 Analog Devices has completed its acquisition of Maxim Integrated to boost its analog and mixed-signal portfolio and expand its reach in more markets and broaden its digital and sensor products, serving the communications, automotive, consumer, and industrial end-markets. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in dynamic market.
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