Wearable Sensor Market to Register 45.20% CAGR between 2014 and 2020 Thanks to Rising Adoption of Internet of Things
The global market for wearable sensor market is emerging at a rapid rate and is expected to experience a high level of competition among the leading players in the next few years, states a new study by Transparency Market Research. The rising adoption of wearable devices, including smart watches and several other intelligent consumer devices is anticipated to support the growth of the global market in the next few years. The rise in the investments for the research and development activities and innovations is projected to enhance the market development in the near future and offer potential growth opportunities for the new entrants in the coming few years. The leading players operating in the wearable sensor market across the globe are InvenSense, Inc. (U.S.), Analog Devices, Inc. (U.S.), Freescale Semiconductor Inc. (U.S.), Panasonic Corporation (Japan), Broadcom Corporation (U.S.), Infineon Technologies AG (Germany), and NXP Semiconductors N.V. (Netherlands). According to the...