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    Wearable Technology Market to 2025 - Global Analysis and Forecasts by Products and Applications

    Wearable Technology Market to 2025 - Global Analysis and Forecasts by Products and Applications

    • Report Code ID: RW000126214
    • Category Electronics
    • No. of Pages 208
    • Publication Month Jun-16
    • Publisher Name The Insight Partners

    In the last few years’ global wearable technology devices have experienced a significant growth in its acceptance across different verticals like health and fitness, medical, media and entertainment, fashion and lifestyle and others to name a few. Wearable technology has also evolved tremendously in the last few years and companies are aggressively launching innovative products and solutions like smart clothing, smart glasses attracting mass adoption among individuals and enterprises.

    Fitness bands and smart watches have emerged as one the prime revenue sources and has experienced a high adoption rate, highly growing demographics across the regions and increasing awareness among end users about the potential benefits of wearable technology is expected to accelerate the wearable technology market in the coming years

    High acceptance across various application areas such as industrial and medical and increasing spur in venture capital funding for various wearable ecosystems players along with high growth of IoT and increasing end-user’s preference towards handy gadgets is further boosting the growth of wearable technology market.

    The global market has been segmented on the basis of applications into healthcare & medical, infotainment, military & industrial, fitness & wellness, safety & security, and fashion & lifestyle. The global wearable technology market has been further bifurcated by products into sleep sensors, smart clothing & smart glasses, activity monitors ,smart watches, HRMs, continuous glucose monitor , wearable patches, AR headsets, hand worn terminals, and jewelries (such as bracelets, ring, neck pieces earrings, pendants, and clutches among others).

    Presently, North America dominates the global wearable technology market, due to a high number of wearable technology products manufacturers, high acceptance and actively involved in launching a number of key products. In addition, Europe wearable technology market is anticipated to be grow at a good rate owing to growing demand of wearable products from industrial & military, healthcare & medical industries. Asia Pacific (APAC) is one of the fastest growing region for the wearable technology market due to a large base of users demanding wearable devices. Thus, with a large number of potential users, specifically in India and China, APAC is expected to be the leading geography in near future and a strong battle ground for various wearable technology providers round the globe. A medium growth is expected to be experienced in South America due to lack of awareness and slow technical adoption about wearable technology and wearable products.

    As of now, most of the key players of this domain are established organizations such as Google Inc., Apple Inc., Microsoft Cooperation, Nike Ltd., Xiaomi Inc., Adidas Group, Sony Cooperation, Suunto Oy, Medtronic, Garmin International Inc., Fitbit Inc., Jawbone, Koninklijke Philips N.V., LG Electronics Inc., Pebble Technology Corporation, Qualcomm, Inc., Samsung Electronics Co., Ltd, and Sony Corporation among others

     

    1 Table of Contents

    List of Tables
    List of Figures
     
    2 Introduction

    2.1 TIP Research Report Guidance
     
    3 Key Takeaways
     

    4 Wearable Technology Market Landscape

    4.1 Overview
    4.2 Definitions
    4.3 Value Chain Analysis
     
    5 Wearable Technology Market – Key Industry Dynamics

    5.1 Key Market Drivers
    5.2 Key Market Restraints
    5.3 Key Market Opportunities
    5.4 Future Trends
     
    6 Wearable Technology Market – Five Forces Analysis

    6.1 Overview
    6.2 Global Wearable Technology Market – Five Forces Analysis
     
    7 Global Wearable Technology Market Analysis

    7.1 Global Sales Revenue and Forecasts to 2025
    7.2 Global Wearable Technology Market, Competitive Landscape
    7.2.1 Market Share or Market Positioning of Key Players, 2014
     
    8 Global Wearable Technology Market Revenue and Forecasts to 2025 – Applications

    8.1 Overview
    8.1.1 Segment Share (%), 2014 & 2025
    8.2 Infotainment
    8.3 Fitness & Wellness
    8.4 Healthcare & Medical
    8.5 Industrial & Military
    8.6 Safety & Security
    8.7 Fashion & Lifestyle
     
    9 Global Wearable Technology Market Revenue and Forecasts to 2025 – Products

    9.1 Overview
    9.1.1 Segment Share (%), 2014 & 2025
    9.2 Smart Clothing & Smart Glasses
    9.3 Sleep Sensors
    9.4 Smart Watches
    9.5 Activity Monitors
    9.6 Augmented Reality Headsets
    9.7 Continuous Glucose Monitor
    9.8 Heart Rate Monitors (HRMs)
    9.9 Drug Delivery Devices
    9.10 Hand Worn Terminals
    9.11 Wearable Patches
    9.12 Jewelries (Ring, Bracelets, Neck Pieces, Pendants, Earrings, Clutches, etc.)
     
    10 Global Wearable Technology Market Revenue and Forecasts to 2025 – Geographical Analysis

    10.1 Overview
    10.1.1 Segment Share (%), 2014 & 2025
    10.2 North America
    10.2.1 U.S.
    10.2.2 Canada
    10.2.3 Mexico
    10.3 Europe
    10.3.1 France
    10.3.2 Germany
    10.3.3 Italy
    10.3.4 Spain
    10.3.5 UK
    10.3.6 Rest of Europe
    10.4 Asia Pacific (APAC)
    10.4.1 Japan
    10.4.2 China
    10.4.3 India
    10.4.4 Australia
    10.4.5 Rest of APAC
    10.5 Middle East & Africa (MEA)
    10.5.1 Saudi Arabia
    10.5.2 cUAE
    10.5.3 South Africa
    10.5.4 Rest of MEA
    10.6 South America (SAM)
    10.6.1 Brazil
    10.6.2 Rest of SAM
     
    11 Global Wearable Technology Market, Key Company Profiles

    11.1 Google Inc.
    11.1.1 Key Facts
    11.1.2 Business Description
    11.1.3 Financial Overview
    11.1.4 SWOT Analysis
    11.1.5 Key Developments
    11.2 Nichia
    11.2.1 Key Facts
    11.2.2 Business Description
    11.2.3 Financial Overview
    11.2.4 SWOT Analysis
    11.2.5 Key Developments
    11.3 Apple Inc.
    11.3.1 Key Facts
    11.3.2 Business Description
    11.3.3 Financial Overview
    11.3.4 SWOT Analysis
    11.3.5 Key Developments
    11.4 Nike Ltd.
    11.4.1 Key Facts
    11.4.2 Business Description
    11.4.3 Financial Overview
    11.4.4 SWOT Analysis
    11.4.5 Key Developments
    11.5 Microsoft Cooperation
    11.5.1 Key Facts
    11.5.2 Business Description
    11.5.3 Financial Overview
    11.5.4 SWOT Analysis
    11.5.5 Key Developments
    11.6 Xiaomi Inc.
    11.6.1 Key Facts
    11.6.2 Business Description
    11.6.3 Financial Overview
    11.6.4 SWOT Analysis
    11.6.5 Key Developments
    11.7 Adidas Group
    11.7.1 Key Facts
    11.7.2 Business Description
    11.7.3 Financial Overview
    11.7.4 SWOT Analysis
    11.7.5 Key Developments
    11.8 Sony Cooperation
    11.8.1 Key Facts
    11.8.2 Business Description
    11.8.3 Financial Overview
    11.8.4 SWOT Analysis
    11.8.5 Key Developments
    11.9 Zephyr Technology
    11.9.1 Key Facts
    11.9.2 Business Description
    11.9.3 Financial Overview
    11.9.4 SWOT Analysis
    11.9.5 Key Developments
    11.10 Suunto Oy
    11.10.1Key Facts
    11.10.2Business Description
    11.10.3Financial Overview
    11.10.4SWOT Analysis
    11.10.5Key Developments
    11.11 Medtronic
    11.11.1Key Facts
    11.11.2Business Description
    11.11.3Financial Overview
    11.11.4SWOT Analysis
    11.11.5Key Developments
    11.12 Garmin International Inc.
    11.12.1Key Facts
    11.12.2Business Description
    11.12.3Financial Overview
    11.12.4SWOT Analysis
    11.12.5Key Developments
    11.13 Eurotech S.p.A.
    11.13.1Key Facts
    11.13.2Business Description
    11.13.3Financial Overview
    11.13.4SWOT Analysis
    11.13.5Key Developments
    11.14 Fitbit Inc.
    11.14.1Key Facts
    11.14.2Business Description
    11.14.3Financial Overview
    11.14.4SWOT Analysis
    11.14.5Key Developments
    11.15 Cerora Inc.
    11.15.1Key Facts
    11.15.2Business Description
    11.15.3Financial Overview
    11.15.4SWOT Analysis
    11.15.5Key Developments
    11.16 CuteCircuit Ltd.
    11.16.1Key Facts
    11.16.2Business Description
    11.16.3Financial Overview
    11.16.4SWOT Analysis
    11.16.5Key Developments
    11.17 Mio Global
    11.17.1Key Facts
    11.17.2Business Description
    11.17.3Financial Overview
    11.17.4SWOT Analysis
    11.17.5Key Developments
    11.18 Epson America Inc.
    11.18.1Key Facts
    11.18.2Business Description
    11.18.3Financial Overview
    11.18.4SWOT Analysis
    11.18.5Key Developments
     
    12 Appendix

    12.1 About TIP
    12.2 Glossary of Terms
    12.3 Methodology
    12.3.1 Coverage
    12.3.2 Secondary Research
    12.3.3 Primary Research
    12.4 Contact Us
    12.5 Disclaimer

    List of Tables

    Table 1: Number of Connected Devices 28
    Table 2: Wearable Technology Market – Porters Five Forces Analysis 36
    Table 3: Global Wearable Technology Market Revenue (US$ Bn), 2014 – 2025 39
    Table 4: North America Wearable Technology Revenue and Forecasts to 2025 – By Product (US$ Bn) 72
    Table 5: North America Wearable Technology Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 74
    Table 6: Europe Wearable Technology Revenue and Forecasts to 2025 – By Product (US$ Bn) 84
    Table 7: Europe Wearable Technology Revenue and Forecasts to 2025 – By Application (US$ Bn) 86
    Table 8: Asia Pacific Wearable Technology Market Revenue and Forecasts to 2025 – By Product (US$ Bn) 95
    Table 9: Asia Pacific Wearable Technology Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 97
    Table 10: Middle East & Africa Wearable Technology Market Revenue and Forecasts to 2025 – By Product (US$ Bn) 105
    Table 11: Middle East & Africa Wearable Technology Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 107
    Table 12: South America Wearable Technology Market Revenue and Forecasts to 2025 – By Product (US$ Bn) 113
    Table 13: South America Wearable Technology Market Revenue and Forecasts to 2025 – By Application (US$ Bn) 115
    Table 14: adidas Group, Key Facts, 2015 116
    Table 15: adidas Group, SWOT Analysis 118
    Table 16: Apple, Inc. Key Facts, 2015 121
    Table 17: Apple, Inc. SWOT Analysis 123
    Table 18: Fitbit Inc., Key Facts, 2015 126
    Table 19: Fitbit Inc., SWOT Analysis 128
    Table 20: Garmin International Inc., Key Facts, 2015 131
    Table 21: Garmin International Inc., SWOT Analysis 133
    Table 22: Google, Inc. Key Facts, 2015 136
    Table 23: Google, Inc. SWOT Analysis 138
    Table 24: Intel Corporation, Key Facts, 2015 141
    Table 25: Intel Corporation, SWOT Analysis 143
    Table 26: Jawbone, Key Facts, 2015 146
    Table 27: Jawbone, SWOT Analysis 147
    Table 28: Koninklijke Philips N.V., Key Facts, 2015 150
    Table 29: Koninklijke Philips N.V., SWOT Analysis 152
    Table 30: LG Electronics, Inc., Key Facts, 2015 155
    Table 31: LG Electronics, Inc., SWOT Analysis 157
    Table 32: Medtronic, Inc., Key Facts, 2015 160
    Table 33: Medtronic, Inc., SWOT Analysis 162
    Table 34: Microsoft Corporation, Key Facts, 2015 164
    Table 35: Microsoft Corporation, SWOT Analysis 166
    Table 36: Nike, Inc., Key Facts, 2015 169
    Table 37: Nike, Inc. SWOT Analysis 171
    Table 38: Pebble Technology Corporation, Key Facts, 2015 173
    Table 39: Pebble Technology Corporation, SWOT Analysis 174
    Table 40: Qualcomm, Inc., Key Facts, 2015 177
    Table 41: Qualcomm, Inc., SWOT Analysis 179
    Table 42: Samsung Electronics Co., Ltd., Key Facts, 2015 181
    Table 43: Samsung Electronics Co., Ltd., SWOT Analysis 183
    Table 44: Sony Corporation, Key Facts, 2015 186
    Table 45: Sony Corporation, SWOT Analysis 188
    Table 46: Suunto Oy, Key Facts, 2015 191
    Table 47: Suunto Oy, SWOT Analysis 193
    Table 48: Xiaomi Inc., Key Facts, 2015 196
    Table 49: Xiaomi Inc., SWOT Analysis 197
    Table 50: TAG Heuer, Key Facts, 2015 200
    Table 51: TAG Heuer, SWOT Analysis 202
    Table 52: Glossary of Terms, Wearable Technology Market 204
     
    List of Figures

    Figure 1:  Wearable Technology Market, Global Revenue (US$ Bn), 2015 & 2025 18
    Figure 2: Wearable Technology Market Segmentation 21
    Figure 3: Wearable Technology Market Segmentation 22
    Figure 4:  Wearable Technology Market – Supply Chain Analysis 24
    Figure 5: Global Mobile Devices, 2015 26
    Figure 6: Global Mobile Devices, 2020 27
    Figure 7: Wearable Technology Market, Patents Registered 34
    Figure 8: Wearable Technology Market – Porters Five Forces Analysis 36
    Figure 9: Global Wearable Technology Market Revenue (US$ Bn), 2014 – 2025 39
    Figure 10: Global Wearable Technology Market – Market Share of Key Players, 2015 40
    Figure 11: Global Wearable Technology Market Breakdown By Product, 2015 (%) 43
    Figure 12: Global Wearable Technology Market Breakdown By Product, 2025 (%) 43
    Figure 13: Global Smart Clothing & Smart Glasses Market Revenue and Forecasts to 2025 (US$ Bn) 45
    Figure 14: Global Sleep Sensors Market Revenue and Forecasts to 2025 (US$ Bn) 46
    Figure 15: Global Smart Watches Market Revenue and Forecasts to 2025 (US$ Bn) 47
    Figure 16: Global Activity Monitors Market Revenue and Forecasts to 2025 (US$ Bn) 48
    Figure 17: Global Augmented Reality Headsets Market Revenue and Forecasts to 2025 (US$ Bn) 49
    Figure 18: Global Continuous Glucose Monitor Market Revenue and Forecasts to 2025 (US$ Bn) 50
    Figure 19: Global Heart Rate Monitors (HRMs) Market Revenue and Forecasts to 2025 (US$ Bn) 51
    Figure 20: Global Drug Delivery Devices Market Revenue and Forecasts to 2025 (US$ Bn) 52
    Figure 21: Global Hand Worn Terminals Market Revenue and Forecasts to 2025 (US$ Bn) 53
    Figure 22: Global Wearable Patches Market Revenue and Forecasts to 2025 (US$ Bn) 54
    Figure 23: Global Jewelries Market Revenue and Forecasts to 2025 (US$ Bn) 55
    Figure 24: Global Wearable Technology Market Breakdown By Application, 2015 (%) 56
    Figure 25: Global Wearable Technology Market Breakdown By Application, 2025 (%) 56
    Figure 26: Global Infotainment Market Revenue and Forecasts to 2025 (US$ Bn) 57
    Figure 27: Global Fitness & Wellness Market Revenue and Forecasts to 2025 (US$ Bn) 59
    Figure 28: Global Healthcare & Medical Market Revenue and Forecasts to 2025 (US$ Bn) 60
    Figure 29: Global Industrial & Military Market Revenue and Forecasts to 2025 (US$ Bn) 61
    Figure 30: Global Safety & Security Market Revenue and Forecasts to 2025 (US$ Bn) 62
    Figure 31: Global Fashion & Lifestyle Market Revenue and Forecasts to 2025 (US$ Bn) 63
    Figure 32: Wearable Technology Market, Global Breakdown by Regions, 2015 (%) 64
    Figure 33: Wearable Technology, Global Breakdown by Regions, 2025 (%) 64
    Figure 34: North America  Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 66
    Figure 35: North America  Wearable Technology Market Breakdown by Key Countries, 2015 (%) 67
    Figure 36: North America  Wearable Technology Market Breakdown by Key Countries, 2025 (%) 67
    Figure 37: U.S. Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 68
    Figure 38: Canada Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 69
    Figure 39: Mexico Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 70
    Figure 40: North America Wearable Technology Market Breakdown By Product, 2015 (%) 71
    Figure 41: North America Wearable Technology Market Breakdown By Product, 2025 (%) 71
    Figure 42: North America Wearable Technology Market Breakdown By Application, 2015 (%) 73
    Figure 43: North America Wearable Technology Market Breakdown By Application, 2025 (%) 73
    Figure 44: Europe Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 75
    Figure 45: Europe Wearable Technology Market Breakdown By Key Countries, 2015 (%) 76
    Figure 46: Europe Wearable Technology Market Breakdown By Key Countries, 2025 (%) 76
    Figure 47: France Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 77
    Figure 48: Germany Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 78
    Figure 49: Italy Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 79
    Figure 50: Spain Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 80
    Figure 51: U.K Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 81
    Figure 52: Rest of Europe Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 82
    Figure 53: Europe Wearable Technology Market Breakdown By Product, 2015 (%) 83
    Figure 54: Europe Wearable Technology Market Breakdown By Product, 2025 (%) 83
    Figure 55: Europe Wearable Technology Market Breakdown By Application, 2015 (%) 85
    Figure 56: Europe Wearable Technology Market Breakdown By Application Market, 2025 (%) 85
    Figure 57: Asia Pacific Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 87
    Figure 58: Asia Pacific Wearable Technology Market Breakdown by Key Countries, 2015 (%) 88
    Figure 59: Asia Pacific Wearable Technology Market Breakdown by Key Countries, 2025 (%) 88
    Figure 60: Australia Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 89
    Figure 61: China Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 90
    Figure 62: India Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 91
    Figure 63: Japan Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 92
    Figure 64: Rest of APAC Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 93
    Figure 65: Asia Pacific Wearable Technology Market Breakdown By Product, 2015 (%) 94
    Figure 66: Asia Pacific Wearable Technology Market Breakdown By Product, 2025 (%) 94
    Figure 67: Asia Pacific Wearable Technology Market Breakdown By Application, 2015 (%) 96
    Figure 68: Asia Pacific Wearable Technology Market Breakdown By Application, 2025 (%) 96
    Figure 69: MEA Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 98
    Figure 70: Middle East & Africa Wearable Technology Market Breakdown by Key Countries, 2015 (%) 99
    Figure 71: Middle East & Africa Wearable Technology Market Breakdown by Key Countries, 2025 (%) 99
    Figure 72: South Africa Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 100
    Figure 73: Saudi Arabia Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 101
    Figure 74: UAE Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 102
    Figure 75: Rest of MEA Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 103
    Figure 76: Middle East & Africa Wearable Technology Market Breakdown By Product, 2015 (%) 104
    Figure 77: Middle East & Africa Wearable Technology Market Breakdown By Product, 2025 (%) 104
    Figure 78: Middle East & Africa Wearable Technology Market Breakdown By Application, 2015 (%) 106
    Figure 79: Middle East & Africa Wearable Technology Market Breakdown By Application, 2025 (%) 106
    Figure 80: South America Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 108
    Figure 81: South America Wearable Technology Market Breakdown by Key Countries, 2015 (%) 109
    Figure 82: South America Wearable Technology Market Breakdown by Key Countries, 2025 (%) 109
    Figure 83: Brazil Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 110
    Figure 84: Rest of SAM Wearable Technology Market Revenue and Forecasts to 2025 (US$ Bn) 111
    Figure 85: South America Wearable Technology Market Breakdown By Product, 2015 (%) 112
    Figure 86: South America Wearable Technology Market Breakdown By Product, 2025 (%) 112
    Figure 87: South America Wearable Technology Market Breakdown By Application, 2015 (%) 114
    Figure 88: South America Wearable Technology Market Breakdown By Application 2025 (%) 114
    Figure 89: adidas Group, Annual Revenue (US$ Bn) 117
    Figure 90: adidas Group Gross Profit (US$ Bn) and R&D Expenses (US$ Bn) 117
    Figure 91: Apple, Inc. Annual Revenue (US$ Bn) 122
    Figure 92: Apple, Inc. Gross Profit (US$ Bn) and R&D Expenses (US$ Bn) 122
    Figure 93: Fitbit Inc. Annual Revenue (US$ Bn) 127
    Figure 94: Fitbit Inc. Gross Profit (US$ Mn) and R&D Expenses (US$ Mn) 127
    Figure 95: Garmin International Inc., Annual Revenue (US$ Bn) 132
    Figure 96: Garmin International Inc., Gross Profit (US$ Bn) and R&D Expenses (US$ Bn) 132
    Figure 97: Google, Inc. Annual Revenue (US$ Bn) 137
    Figure 98: Google, Inc. R&D Expenses (US$ Bn) 137
    Figure 99: Intel Corporation, Annual Revenue (US$ Bn) 142
    Figure 100: Intel Corporation, R&D Expenses (US$ Bn) 142
    Figure 101: Koninklijke Philips N.V., Annual Revenue (US$ Bn) 151
    Figure 102: Koninklijke Philips N.V., R&D Expenses (US$ Bn) 151
    Figure 103: LG Electronics, Inc., Annual Revenue (US$ Bn) 156
    Figure 104: LG Electronics, Inc., Gross Profit (US$ Bn) and R&D Expenses (US$ Bn) 156
    Figure 105: Medtronic, Inc., Annual Revenue (US$ Bn) 161
    Figure 106: Medtronic, Inc., Gross Profit (US$ Bn) and R&D Expenses (US$ Bn) 161
    Figure 107: Microsoft Corporation, Annual Revenue (US$ Bn) 165
    Figure 108: Microsoft Corporation, R&D Expenses (US$ Bn) 165
    Figure 109: Nike, Inc., Annual Revenue (US$ Bn) 170
    Figure 110: Nike, Inc., Gross Profit (US$ Bn) 170
    Figure 111: Qualcomm, Inc., Annual Revenue (US$ Bn) 178
    Figure 112: Qualcomm, Inc., R&D Expenses (US$ Bn) 178
    Figure 113: Samsung Electronics Co., Ltd., Annual Revenue (US$ Bn 182
    Figure 114: Samsung Electronics Co., Ltd., R&D Expenses (US$ Bn) 182
    Figure 115: Sony Corporation, Annual Revenue (US$ Bn) 187
    Figure 116: Sony Corporation, R&D Expenses (US$ Bn) 187
    Figure 117: Amer Sports Corporation, Annual Revenue (US$ Bn) 192
    Figure 118: Amer Sports Corporation, R&D Expenses (US$ Bn) 192
    Figure 119:      LVHM, Annual Revenue (US$ Bn) 201
    Figure 120:      LVHM Operating Profit (US$ Bn) 201

    Companies Mentioned
     
    - Google Inc.
    - Nichia
    - Apple Inc.
    - Nike Ltd.
    - Microsoft Cooperation
    - Xiaomi Inc.
    - Adidas Groups
    - Sony Cooperation
    - Zephyr Technology
    - Suunto Oy
    - Medtronic
    - Garmin International Inc.
    - Eurotech S.p.A.
    - tbit Inc.
    - Cerora Inc.
    - CuteCircuit Ltd.
    - Mio Global
    - Epson America Inc.

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