Smart Wearable Entertainment Devices and Services Market Share, Size, Trends and Growth to 2020

Technavio Announces the Publication of its Research Report Global Smart Wearable Entertainment Devices and Services Market 2016-2020

Technavio recognizes the following companies as the key players in the global smart wearable entertainment devices and services market: AT&T, EE, Sprint, and Telefónica.

Other Prominent Vendors in the market are: 4D Force, Atheer Labs, Brilliant Services, Carl Zeiss, Emotiv Systems, Fat Shark, Fin Robotics, Gameband Minecraft, Glassup, Infiniteye Intelligent Headset, Iron Will Innovations Canada, Logbar, Neptune, Oculus, Skully Helmets, and Xbox.

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Commenting on the report, an analyst from Technavios team said: Decline in cost of smart wearable entertainment devices will be a key trend for market growth. A significant decline in the ASP of smart wearable devices in the developed countries will eventually increase the adoption rate of these devices. In 2012, the ASP of most of the devices that were sampled was recorded to be $800, depending on the application. The price has reduced to $250-$300 in 2016. This significant decline in the cost of wearable devices will increase the adoption rate of these devices both in developed and developing countries. Initially, the adoption of these devices was confined to developed countries because of the high cost. However, with the decline in cost, vendors have shifted their focus to developing countries to increase their revenue and market base.”

According to the report, growing popularity of entertainment devices among youth will be a key driver for market growth. The popularity of entertainment and gaming devices that provide a real-time virtual experience has increased over the years. These devices enable virtual 3D movies and HD gaming experience. The adoption of these devices is high among the age group of 18-24. The smart...