Overview
Wearables are a relatively new technology and have picked up increased attention only during the past 2-3 years. The wearable electronic devices such as wristbands, eyewears, earwears and footwears provide hands-free operations, real-time data monitoring and network communication.
Market Analysis
According to Trends Market Research, the Worldwide Wearable Device Security Market will grow at an estimated CAGR of 51.4% during the forecast period 2016–2022. Ease of use, convenience and flexibility have encouraged consumers to increasingly use wearables. Wearables offer real time monitoring and fitness tracking. The future growth in this market will be driven by the customer’s increased penchant for sophisticated gadgets, growing popularity of IoT devices, connected devices. The increased usage of wearables will pose wearable technology privacy concern. One of the key concerns of the wearable technology market is data privacy.
Wearable technology is being rapidly adopted by almost all industries. Consequently, the security concerns for this market are high. Thus, to resolve this problem, a lot of security software providers are entering the market to address wearable technology security risks.
Growing demand for health and fitness wearables across the globe, rise in the number of wearable device users and increased government investments drive the Worldwide Wearable Device Security Market.
Geographic Segmentation
Americas, Western Europe, Asia-Pacific and EEMEA (Eastern Europe Middle East & Africa) are the key regions covered in the report. The regions are analyzed according to the security types and countries.
Segmentation by Devices
The Worldwide Wearable Device Security Market is segmented by the following device types – Eyewear, Wristwear, Footwear, Smart Clothing and Others.
Segmentation by Security Types
The Worldwide Wearable Device Security Market is segmented by Network Security, Cloud Security, Wireless Security, Application Security and Others.
Segmentation by Solutions
The Worldwide Wearable Device Security Market is segmented and analyzed by the following solutions- Role Based Access Control (RBAC), Risk & Vulnerability Management, DDoS Mitigation, Intrusion Detection and Intrusion Prevention System and Others.
Segmentation by End Users
BFSI, Healthcare and Retail are the three key verticals focussed on in the report. End-users are analyzed according to the security types, regions and countries.
Key Vendors
Some of the players covered in wearable device security market report are Fitbit, Apple, Google, Garmin, Nike, Microsoft, HP, CrowdOptic, BotFactory, ODG, Biovotion and Innovega. The report provides a comprehensive review of wearable device security types, services, and industry solutions.
Competitive Analysis
The study gives an opportunity to the industry players to improve their current business approach by providing them strategic intelligence about the competition in the market. Current and predicted business strategies for the leading companies of the market. Total 15 companies are covered.
The report includes a detailed competitive benchmarking of the leading vendors based on some key metrics such as business units, geographic revenue, recent developments, business focus, business strategy and SWOT analysis.
Benefits
The report will be useful to the key stakeholders of the wearable device security market such as device manufacturers, OEMs, network providers, software providers, data security solution vendors, policy makers, standard development organizations, investor community, telecom, university researchers, blog writers, and technology magazines in the following ways:
- Competitive analysis (i.e. current and future key business strategies of the competitors and their regional growth)
- Drivers and growth opportunities in different regions
The report also gives information related to latest industry and market trends, key stakeholders, industry pest analysis and competitive landscape. The report provides an in-depth analysis of the Worldwide Wearable Device Security Market aiming to bring all wearable device stakeholders on a common platform. The report provides a detailed analysis of the wearable device security market in terms of devices, security types, solutions and end-users.
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Wearable Device Security Market Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
4 Wearable Device Security Market Outlook
4.1 Overview
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Technology Roadmap
4.5 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Overview
5.2 Value Chain
5.3 Wearable Device Security Market Dynamics
5.3.1 Drivers
5.3.1.1 Growing smartphone users
5.3.1.2 Increased dependence on the internet
5.3.1.3 Global drive for the use of wearable devices in industries
5.3.1.4 Global investments from government and IT firms
5.3.2 Restraints
5.3.2.1 Data security and privacy concerns
5.3.2.2 Low-level software adoption
5.3.2.3 Vigilant of regulations and standards
5.3.2.4 High cost
5.3.3 Opportunities
5.3.3.1 IT industries
5.3.3.2 Emerging economy
5.3.4 DRO – Impact Analysis
5.4 Key Stakeholders
6 Devices: Market Size and Analysis
6.1 Overview
6.1.1 Market Size and Analysis
6.2 Eyewear
6.2.1 Applications
6.2.2 Security Threats
6.2.3 Market Size and Analysis
6.3 Wristwear
6.3.1 Applications
6.3.2 Security Threats
6.3.3 Market Size and Analysis
6.4 Footwear
6.4.1 Applications
6.4.2 Security Threats
6.4.3 Market Size and Analysis
6.5 Smart Clothing
6.5.1 Applications
6.5.2 Security Threats
6.5.3 Market Size and Analysis
6.6 Others
6.6.1 Market Size and Analysis
7 Security Types: Market Size and Analysis
7.1 Overview
7.1.1 Market Size and Analysis
7.2 Network Security
7.2.1 Impact of Security Lapses
7.2.2 Market Size and Analysis
7.3 Cloud Security
7.3.1 Impact of Security Lapse
7.3.2 Market Size and Analysis
7.4 Wireless Security
7.4.1 Impact of security lapse
7.4.2 Market Size and Analysis
7.5 Application Security
7.5.1 Impact of the security lapse
7.5.2 Market Size and Analysis
7.6 Others
7.6.1 Market Size and Analysis
8 Solutions: Market Size and Analysis
8.1 Overview
8.1.1 Market Size and Analysis
8.2 Role Based Access Control (RBAC)
8.2.1 Mandatory Access Control (MAC)
8.2.2 Discretionary Access Control (DAC)
8.2.3 Market Size and Analysis
8.3 Risk & Vulnerability Management
8.3.1 Market Size and Analysis
8.4 DDoS Mitigation
8.4.1 Market Size and Analysis
8.5 Intrusion Detection and Intrusion Prevention System
8.5.1 Market Size and Analysis
8.6 Others
8.6.1 Market Size and Analysis
9 End-Users: Market Size and Analysis
9.1 Overview
9.1.1 Market Size and Analysis
9.2 Healthcare
9.2.1 Consumer Product
9.2.2 Healthcare industry
9.2.3 Market Size and Analysis
9.3 BFSI
9.3.1 Consumer Products
9.3.2 BFSI industry
9.3.3 Market Size and Analysis
9.4 Retail
9.4.1 Consumer Products
9.4.2 Retail Industry
9.4.3 Market Size and Analysis
9.5 Sports Industry
9.5.1 Market Size and Analysis
9.6 Others Industry
9.6.1 Market Size and Analysis
10 Regions: Market Size and Analysis
10.1 Overview
10.1.1 Market Size and Analysis
10.2 Americas
10.2.1 Overview
10.2.2 Market Size and Analysis
10.2.3 US
10.2.4 Canada
10.2.5 Brazil
10.2.6 Market Size and Analysis
10.3 Western Europe
10.3.1 Overview
10.3.2 Market Size and Analysis
10.3.3 UK
10.3.4 France
10.3.5 Germany
10.3.6 Market Size and Analysis
10.4 Asia Pacific
10.4.1 Overview
10.4.2 Market Size and Analysis
10.4.3 China
10.4.4 Japan
10.4.5 Australia
10.4.6 Market Size and Analysis
10.5 Eastern Europe, Middle East and Africa (EEMEA)
10.5.1 Overview
10.5.2 Market Size and Analysis
10.5.3 Country Analysis
10.5.4 Market Size and Analysis
11 Vendor Profiles
11.1 Fitbit, Inc.
11.1.1 Overview
11.1.2 Business Units
11.1.3 Geographic Revenue
11.1.4 Business Focus
11.1.5 SWOT Analysis
11.1.6 Business Strategy
11.2 Apple Inc.
11.2.1 Overview
11.2.2 Business Units
11.2.3 Geographical Revenue
11.2.4 Business Focus
11.2.5 SWOT Analysis
11.2.6 Business Strategy
11.3 Google Inc.
11.3.1 Overview
11.3.2 Business Units
11.3.3 Geographic Revenue
11.3.4 Business Focus
11.3.5 SWOT Analysis
11.3.6 Business Strategy
11.4 Nike Inc.
11.4.1 Overview
11.4.2 Business Units
11.4.3 Geographical Revenues
11.4.4 Business Focus
11.4.5 SWOT Analysis
11.4.6 Business Strategy
11.5 Garmin Ltd.
11.5.1 Overview
11.5.2 Business Units
11.5.3 Geographic Revenue
11.5.4 Business Focus
11.5.5 SWOT Analysis
11.5.6 Business Strategy
11.6 Microsoft Corporation
11.6.1 Overview
11.6.2 Business Units
11.6.3 Geographic Revenue
11.6.4 Business Focus
11.6.5 SWOT Analysis
11.6.6 Business Strategy
11.7 HP Inc.
11.7.1 Overview
11.7.2 Business Units
11.7.3 Geographical Revenue
11.7.4 Business Focus
11.7.5 SWOT Analysis
11.7.6 Business Strategy
12 Wearable Device Security Market Competitive Landscape
12.1 Competitor Comparison Analysis
12.1.1 Vendors Assessment by Innovation in devices and market reach
12.1.2 Vendor Market Share by Shipments
12.2 Mergers & Acquisitions (M&A)
12.3 Joint Ventures (JV)
12.4 Venture Capital (VC) Funding
13 Expert Views
14 Companies to Watch For
14.1 CrowdOptic Inc.
14.1.1 Overview
14.1.2 Key Offerings
14.1.3 CrowdOptic in Wearable Device Security market
14.2 Biovotion
14.2.1 Overview
14.2.2 Key Offerings
14.2.3 Biovotion in Wearable Device Security Market
14.3 BotFactory
14.3.1 Overview
14.3.2 Key Offerings
14.3.3 BotFactory in Wearable Device Security Market
14.4 Innovega, Inc.
14.4.1 Overview
14.4.2 Key offerings
14.4.3 Innovega in Wearable Device Security Market
14.5 Avegant
14.5.1 Overview
14.5.2 Key Offerings
14.5.3 Avegant in Wearable Device Security Market
14.6 Vuzix
14.6.1 Overview
14.6.2 Key Offerings
14.6.3 Vuzix in Wearable Device Security Market
14.7 Lumus
14.7.1 Overview
14.7.2 Key Offerings
14.7.3 Lumus in Wearable Device Security Market
14.8 Osterhout Design Group (ODG)
14.8.1 Overview
14.8.2 Key Offerings
14.8.3 ODG in Wearable Device Security market
Annexure
Abbreviations
