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)
The North America Wearable Sensor market is expected to reach US$ 1,244.11 million by 2028 from US$ 585.77 million in 2021. The North America wearable sensor market is estimated to grow at a CAGR of 11.4% from 2021 to 2028.
Smart wearable devices, such as smartwatches, fitness trackers, VR headsets, smart wristbands, activity trackers, and sports watches, are integrated with advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT). Users can access their health-related information on their smartphones, tablets, or computers linked to these devices. With the growing consumer awareness, the adoption of smart wearable devices is on the rise in the healthcare sector. Fit bits, smartwatches, and pulse oximeters are wearable systems incorporated with optical sensors to provide real-time patient health tracking solutions.
The photoplethysmography (PPG) sensors that help monitor heart and respiration rates are highly demanded. For instance, several smartwatches with inbuilt PPG sensors were launched in late 2021 by Moto G, Realme, and Apple. The Realme watches have wide-ranging health functions, comprising blood-oxygen-level and top-level PPG heart rate sensors. In October 2020, Mobvoi launched its new PPG sensor-enabled TicWatch Pro 3 smartwatch in India.
According to the International Data Corporation (IDC) report for 2020, wearable device shipments in North America surged by 28.4% in 2020 compared to the previous year. They further grew by 9.9% till the third quarter of 2021. The North America wearable sensor market is expected to grow at a good CAGR during the forecast period.
North America Wearable Sensor Revenue and Forecast to 2028 (US$ million)
North America Wearable Sensor Market Segmentation
The North America wearable sensor market is analyzed on the basis of sensor type, application, vertical, and country. Based on sensor type, the market is segmented into accelerometer, gyroscope, position sensor, motion sensor, image sensor, pressure and force sensor, touch sensor, and others. The accelerometer segment dominated the market in 2020.
Based on application, the market is segmented into smart wristwear, smart glass, smart bodywear, and smart footwear. The smart wristwear segment led the market in 2020.
Based on vertical, the market is segmented into consumer electronics, healthcare, and industrial and enterprise. The consumer electronics segment dominated the market in 2020.
Based on country, The market is segmented into the US, Mexico, and Canada. In 2020, the US was the leading country market for wearable sensors in the region.
Texas Instruments Incorporated, NXP Semiconductor, Analog Devices Inc, STMicroelectronics, Infineon Technology, Sensirion AG, Robert Bosch GmbH, Panasonic Corporation, TE Connectivity Corporation, and TDK corporation are the leading companies in North America Wearable Sensor market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Wearable Sensor Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 North America Expert Opinions
5. North America Wearable Sensor Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Reach of Smart Wearable Devices
5.1.2 Rising Trend of Miniaturization
5.2 Market Restraints
5.2.1 High Cost and Performance Issues of Wearable Devices
5.3 Market Opportunities
5.3.1 Burgeoning Popularity of Connected Devices
5.4 Future Trends
5.4.1 Increasing Penetration of IoT, AR, and M2M Platform
5.5 Impact Analysis of Drivers and Restraints
6. Wearable Sensor Market – North America Analysis
6.1 North America Wearable Sensor Market Forecast and Analysis
7. North America Wearable Sensor Market Analysis – By Sensor Type
7.1 Overview
7.2 Wearable Sensor Market, By Sensor Type (2020 and 2028)
7.3 Accelerometer
7.3.1 Overview
7.3.2 Accelerometer: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Gyroscopes
7.4.1 Overview
7.4.2 Gyroscopes: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Motion Sensor
7.5.1 Overview
7.5.2 Motion Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Image Sensor
7.6.1 Overview
7.6.2 Image Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.7 Pressure and Force Sensor
7.7.1 Overview
7.7.2 Pressure and Force Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.8 Touch Sensor
7.8.1 Overview
7.8.2 Touch Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.9 Position Sensor
7.9.1 Overview
7.9.2 Position Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
7.10 Others
7.10.1 Overview
7.10.2 Others: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Wearable Sensor Market Analysis – By Application
8.1 Overview
8.2 Wearable Sensor Market, By Application (2020 and 2028)
8.3 Smart Wristwear
8.3.1 Overview
8.3.2 Smart Wristwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Smart Glasses
8.4.1 Overview
8.4.2 Smart Glasses: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Smart Bodywear
8.5.1 Overview
8.5.2 Smart Bodywear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Smart Footwear
8.6.1 Overview
8.6.2 Smart Footwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others Application
8.7.1 Overview
8.7.2 Others Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Wearable Sensor Market Analysis – By Vertical
9.1 Overview
9.2 Wearable Sensor Market, By Vertical (2020 and 2028)
9.3 Consumer Electronics
9.3.1 Overview
9.3.2 Consumer Electronics: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Healthcare
9.4.1 Overview
9.4.2 Healthcare: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Industrial and Enterprise Application
9.5.1 Overview
9.5.2 Industrial and Enterprise Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Wearable Sensor Market – Country Analysis
10.1 North America: Wearable Sensors Market
10.1.1 North America: Wearable Sensors Market, by Key Country
10.1.1.1 US: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Wearable Sensors Market, By Sensor Type
10.1.1.1.2 US: Wearable Sensors Market, By Application
10.1.1.1.3 US: Wearable Sensors Market, by Vertical
10.1.1.2 Canada: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Wearable Sensors Market, By Sensor Type
10.1.1.2.2 Canada: Wearable Sensors Market, By Application
10.1.1.2.3 Canada: Wearable Sensors Market, by Vertical
10.1.1.3 Mexico: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Wearable Sensors Market, By Sensor Type
10.1.1.3.2 Mexico: Wearable Sensors Market, By Application
10.1.1.3.3 Mexico: Wearable Sensors Market, by Vertical
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product launch
12. Company Profiles
12.1 Texas Instruments Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 NXP Semiconductors
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Analog Devices, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 STMicroelectronics
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 INFINEON TECHNOLOGIES AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Sensirion AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Robert Bosch GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Panasonic Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 TE Connectivity Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 TDK Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Wearable Sensors Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Wearable Sensors Market, By Sensor Type– Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Wearable Sensors Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Wearable Sensors Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 12. Glossary of Terms
LIST OF FIGURES
Figure 1. North America Wearable Sensor Market Segmentation
Figure 2. North America Wearable Sensor Market Segmentation – By Country
Figure 3. North America Wearable Sensor Market Overview
Figure 4. North America Wearable Sensor Market, by Sensor Type
Figure 5. North America Wearable Sensor Market, by Country
Figure 6. North America – PEST Analysis
Figure 7. North America Wearable Sensor Market– Ecosystem Analysis
Figure 8. North America Wearable Sensor Market: Impact Analysis of Drivers and Restraints
Figure 9. North America Wearable Sensor Market Forecast and Analysis (US$ Million)
Figure 10. North America Wearable Sensor Market Revenue Share, by Sensor Type (2020 and 2028)
Figure 11. North America Accelerometer: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Gyroscopes: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Motion Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Image Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Pressure and Force Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Touch Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Position Sensor: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Others: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Wearable Sensor Market Revenue Share, by Application (2020 and 2028)
Figure 20. North America Smart Wristwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Smart Glasses: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Smart Bodywear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Smart Footwear: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Sensor Market Revenue Share, by Vertical (2020 and 2028)
Figure 26. North America Consumer Goods: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America Healthcare: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America Industrial and Enterprise Application: Wearable Sensor Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: Wearable Sensors Market Revenue, by Key Country
Figure 30. North America: Wearable Sensors Market Revenue by Key Country (2020 & 2028)
Figure 31. US: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Wearable Sensors Market – Revenue and Forecast to 2028 (US$ Million)
- Texas Instruments Incorporated.
- NXP Semiconductor.
- Analog Devices Inc.
- STMicroelectronics.
- Infeneon Technology.
- Sensirion AG.
- Robert Bosch GmbH.
- Panasonic Corporatin.
- TE Connectivity Corporation.
- TDK corporation.
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