Wearable Device Security Market By type (Software, Services ), Device Type (Headwear, Wristwear, Bodywear, Others), Security Type (Cloud Security, Network Security, Wireless Security, Application Security), Application (Tracking Applications, Biometric Applications, Emergency Service Applications), Industry Vertical (Consumer, Defense, Healthcare, Industrial, Others) : Global Opportunity Analysis And Industry Forecast, 2020–2027
A08629 | Pages: NA | Feb 2021 | 87 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wearable Device Security Market
Request Now !Wearable Device Security Market Statistics: 2027
A wearable device is worn on the human body. It is also called as wearable gadget. Wearable devices come in different forms such as jewelry, accessories, medical devices, and clothing. Wearable devices are quite common like any other devices with connectivity and additional features for tracking and monitoring health of an individual. Most wearable devices being used can prevent unauthorized access with device encryption; however, some of them have been found to be vulnerable to security threats while transferring data to cloud, which result into demand for security solutions.
Report Matric | Details |
 Market size available for the years |  2019-2027 |
 Base year considered |  2019 |
 Forecast period  |  2020-2027 |
 Forecast unit |  Value (USD) |
 Segments covered |
|
 Regions covered |
|
 Companies covered  |
|
Â
COVID-19 scenario Analysis:
- Due to the outbreak of COVID-19, number of wearable manufacturers have begun creating new products, which can assist with detecting early signs of COVID-19. Some have developed algorithms that have been specifically tailored to catch early symptoms associated with the virus. Launch of these new wearable devices in the market will demand for wearable device security software to prevent security threats, which is opportunistic for the wearable device security market.
- Additionally, the role of wearables against COVID-19, not only applies to monitoring patients and detecting early signs of the virus but also in protecting healthcare professionals.
- Furthermore, many government authorities have also initiated various startups to develop  a wrist-based tracker with skin temperature, heart rate and SpO2 (blood oxygen saturation) sensing, which can continuously track these body vitals remotely that will help in early diagnosis of COVID-19 symptoms. Thus, these initiatives and projects surely bring multiple opportunities for the wearable device security market.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Rise in penetration of internet of things as it has enabled connectivity of many devices and data gathering with the help of sensors majorly drives the growth of the wearable device security market. In addition to this, growing manufacturing of wearable devices in healthcare and medical industry which increases adoption of these software along with increase in enterprise-focused wearable apps further fuels the growth of the market. However, lack of security safety and privacy may hinder the growth of the market. Furthermore, growing demand for wearable devices in developing economies such as China, Japan, and the Southeast Asian countries is providing numerous opportunities for the wearable device security market.
Rise in the adoption of smart watches:
The major driver of wearable technology market is due to the high adoption smart watch in our daily activities as well as critical operations. Easy deployment of connectivity and digitalization has increased the usage of wireless smart watches. Features like messaging and calling services for emergency services, real time tracking and health monitoring are becoming popular, thus increasing the adoption towards the same. Growth in sales of smart watches will lead to the adoption of wearable devices security solution as it contains large amount of users personal data.
Safety and security concerns with wearable devices:Â
Growing adoption of wearable technology get affected due to the lack in safety and security of the data usage with the devices. The security and privacy is causing due to the rising risk of the hackers which can further manipulate the data and thus becoming a common theft.
Key Segments covered:
Segments | Subsegments |
 Type |
|
 Device Type |
|
 Security Type |
|
 Application |
|
 Industry Vertical |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the global wearable device security market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global wearable device security market share.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the global wearable device security market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the wearable device security market.Â
- The report provides detailed wearable device security market analysis based on competitive intensity and how the competition will take shape in coming years.Â
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Wearable Device Security Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers