10 Global Hotspots for Wearable Electronics Innovation

August 23, 2016 | State of the Market Report

There is a lot of hype around wearables, and yet turning the buzz into a real market opportunity remains a challenge. With different geographical regions offering expertise in different wearable technologies or across different stages of the value chain, the ability to leverage global strengths in a resourceful way is non-trivial. The U.S. has long been considered a hotspot for wearable electronics innovation, yet development and adoption of wearable electronics have taken place globally. In this report we confirm that the U.S. is a dominant player in this space; perhaps more importantly, we identify nine additional less expected global hotspots that are catching up on some fronts: Australia, Canada, China, Israel, Japan, Singapore, South Korea, Switzerland, and the U.K. By examining research and development, backing, and adoption of wearable electronics across the globe, we determine note that while China has a relatively small startup community, startups in this country are most well-funded; whereas Canada’s academic community is largely focused on developing virtual reality technologies and device components, its startup community is looking to make this nation a hub for smart textile innovation; and while the U.K. lags behind on patent portfolio, it is on the forefront of technology adoption.

Coverage Areas

  • Consumer Choices in Food, Health, and Wellness
  • Digital Transformation
  • Wearable Electronics

Table of Contents

  • Title page
  • Table of contents
  • Top 10 Global Innovation Hotspots for Wearable Electronics
  • Conclusions
  • Appendix: Detailed country profiles

Lead Analyst

Noa Ghersin
Analyst
+1 (857) 305-5280

Contributors

Jonathan Melnick, Ph.D.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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