Body area network (BAN), also known as a body sensor network (BSN) or wireless body area network (WBAN) is a network that wirelessly connects the wearable computing devices. The BAN devices are embedded inside the body as implants, these can also be surface-mounted on the body. Decreasing cost of smart devices including fitness tracker, smartwatch, and otherts has aided in fueling the growth of the market.
MARKET DYNAMICS
Factors including the proliferating demand of smart devices for fitness tracking are driving the body area network market. However, factors including rising data security concerns are projected to hinder the growth of the market. Increasing demand from the healthcare sector is anticipated to further supplement the growth of the body area network market.
MARKET SCOPE
The "Global Body Area Network Market Analysis to 2028" is a specialized and in-depth study of the electronics & semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the body area network market with detailed market segmentation by device typr, component, application, and geography. The global body area network market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading body area network market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global body area network market is segmented on the basis of device type, component, and application. Based on device type, the market is segmented into wearable device and implantable device. On the basis of component, the body area network market is segmented into sensor, electromechanical components, communication & interface components, memory modules, display unit, and others. On the basis of application, the body area network market is segmented into medical, fitness & sports, security, and military.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global body area network market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The body area network market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the body area network market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the crowdfunding in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global body area network market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The body area network market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the body area network market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the crowdfunding in these regions.
MARKET PLAYERS
The reports cover key developments in the body area network market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from body area network market are anticipated to lucrative growth opportunities in the future with the rising demand for body area network in the global market. Below mentioned is the list of few companies engaged in the body area network market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the body area network market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ericsson
- Fujitsu Limited
- General Electric
- Huawei
- Intel Corporation
- Laird Connectivity
- LG Electronics
- NXP Semiconductors
- Renesas Electronics Corporation
- ZMT Zurich MedTech AG
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Body Area Network - By Device Type
1.3.2Body Area Network - By Component
1.3.3Body Area Network - By Application
1.3.4Body Area Network - By Region
1.3.4.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.BODY AREA NETWORK LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.BODY AREA NETWORK - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.BODY AREA NETWORK - GLOBAL MARKET ANALYSIS
6.1.BODY AREA NETWORK - GLOBAL MARKET OVERVIEW
6.2.BODY AREA NETWORK - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.BODY AREA NETWORK - REVENUE AND FORECASTS TO 2028 - DEVICE TYPE
7.1.OVERVIEW
7.2.DEVICE TYPE MARKET FORECASTS AND ANALYSIS
7.3.WEARABLE DEVICE
7.3.1.Overview
7.3.2.Wearable Device Market Forecast and Analysis
7.4.IMPLANTABLE DEVICE
7.4.1.Overview
7.4.2.Implantable Device Market Forecast and Analysis
8.BODY AREA NETWORK - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1.OVERVIEW
8.2.COMPONENT MARKET FORECASTS AND ANALYSIS
8.3.SENSOR
8.3.1.Overview
8.3.2.Sensor Market Forecast and Analysis
8.4.ELECTROMECHANICAL COMPONENTS
8.4.1.Overview
8.4.2.Electromechanical Components Market Forecast and Analysis
8.5.COMMUNICATION AND INTERFACE COMPONENTS
8.5.1.Overview
8.5.2.Communication and Interface Components Market Forecast and Analysis
8.6.MEMORY MODULES
8.6.1.Overview
8.6.2.Memory Modules Market Forecast and Analysis
8.7.DISPLAY UNIT
8.7.1.Overview
8.7.2.Display Unit Market Forecast and Analysis
8.8.OTHERS
8.8.1.Overview
8.8.2.Others Market Forecast and Analysis
9.BODY AREA NETWORK - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1.OVERVIEW
9.2.APPLICATION MARKET FORECASTS AND ANALYSIS
9.3.MEDICAL
9.3.1.Overview
9.3.2.Medical Market Forecast and Analysis
9.4.FITNESS AND SPORTS
9.4.1.Overview
9.4.2.Fitness and Sports Market Forecast and Analysis
9.5.SECURITY
9.5.1.Overview
9.5.2.Security Market Forecast and Analysis
9.6.MILITARY
9.6.1.Overview
9.6.2.Military Market Forecast and Analysis
10.BODY AREA NETWORK REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Body Area Network Overview
10.1.2North America Body Area Network Forecasts and Analysis
10.1.3North America Body Area Network Forecasts and Analysis - By Device Type
10.1.4North America Body Area Network Forecasts and Analysis - By Component
10.1.5North America Body Area Network Forecasts and Analysis - By Application
10.1.6North America Body Area Network Forecasts and Analysis - By Countries
10.1.6.1United States Body Area Network
10.1.6.1.1United States Body Area Network by Device Type
10.1.6.1.2United States Body Area Network by Component
10.1.6.1.3United States Body Area Network by Application
10.1.6.2Canada Body Area Network
10.1.6.2.1Canada Body Area Network by Device Type
10.1.6.2.2Canada Body Area Network by Component
10.1.6.2.3Canada Body Area Network by Application
10.1.6.3Mexico Body Area Network
10.1.6.3.1Mexico Body Area Network by Device Type
10.1.6.3.2Mexico Body Area Network by Component
10.1.6.3.3Mexico Body Area Network by Application
10.2.EUROPE
10.2.1Europe Body Area Network Overview
10.2.2Europe Body Area Network Forecasts and Analysis
10.2.3Europe Body Area Network Forecasts and Analysis - By Device Type
10.2.4Europe Body Area Network Forecasts and Analysis - By Component
10.2.5Europe Body Area Network Forecasts and Analysis - By Application
10.2.6Europe Body Area Network Forecasts and Analysis - By Countries
10.2.6.1Germany Body Area Network
10.2.6.1.1Germany Body Area Network by Device Type
10.2.6.1.2Germany Body Area Network by Component
10.2.6.1.3Germany Body Area Network by Application
10.2.6.2France Body Area Network
10.2.6.2.1France Body Area Network by Device Type
10.2.6.2.2France Body Area Network by Component
10.2.6.2.3France Body Area Network by Application
10.2.6.3Italy Body Area Network
10.2.6.3.1Italy Body Area Network by Device Type
10.2.6.3.2Italy Body Area Network by Component
10.2.6.3.3Italy Body Area Network by Application
10.2.6.4United Kingdom Body Area Network
10.2.6.4.1United Kingdom Body Area Network by Device Type
10.2.6.4.2United Kingdom Body Area Network by Component
10.2.6.4.3United Kingdom Body Area Network by Application
10.2.6.5Russia Body Area Network
10.2.6.5.1Russia Body Area Network by Device Type
10.2.6.5.2Russia Body Area Network by Component
10.2.6.5.3Russia Body Area Network by Application
10.2.6.6Rest of Europe Body Area Network
10.2.6.6.1Rest of Europe Body Area Network by Device Type
10.2.6.6.2Rest of Europe Body Area Network by Component
10.2.6.6.3Rest of Europe Body Area Network by Application
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Body Area Network Overview
10.3.2Asia-Pacific Body Area Network Forecasts and Analysis
10.3.3Asia-Pacific Body Area Network Forecasts and Analysis - By Device Type
10.3.4Asia-Pacific Body Area Network Forecasts and Analysis - By Component
10.3.5Asia-Pacific Body Area Network Forecasts and Analysis - By Application
10.3.6Asia-Pacific Body Area Network Forecasts and Analysis - By Countries
10.3.6.1Australia Body Area Network
10.3.6.1.1Australia Body Area Network by Device Type
10.3.6.1.2Australia Body Area Network by Component
10.3.6.1.3Australia Body Area Network by Application
10.3.6.2China Body Area Network
10.3.6.2.1China Body Area Network by Device Type
10.3.6.2.2China Body Area Network by Component
10.3.6.2.3China Body Area Network by Application
10.3.6.3India Body Area Network
10.3.6.3.1India Body Area Network by Device Type
10.3.6.3.2India Body Area Network by Component
10.3.6.3.3India Body Area Network by Application
10.3.6.4Japan Body Area Network
10.3.6.4.1Japan Body Area Network by Device Type
10.3.6.4.2Japan Body Area Network by Component
10.3.6.4.3Japan Body Area Network by Application
10.3.6.5South Korea Body Area Network
10.3.6.5.1South Korea Body Area Network by Device Type
10.3.6.5.2South Korea Body Area Network by Component
10.3.6.5.3South Korea Body Area Network by Application
10.3.6.6Rest of Asia-Pacific Body Area Network
10.3.6.6.1Rest of Asia-Pacific Body Area Network by Device Type
10.3.6.6.2Rest of Asia-Pacific Body Area Network by Component
10.3.6.6.3Rest of Asia-Pacific Body Area Network by Application
10.4.MIDDLE EAST AND AFRICA
10.4.1Middle East and Africa Body Area Network Overview
10.4.2Middle East and Africa Body Area Network Forecasts and Analysis
10.4.3Middle East and Africa Body Area Network Forecasts and Analysis - By Device Type
10.4.4Middle East and Africa Body Area Network Forecasts and Analysis - By Component
10.4.5Middle East and Africa Body Area Network Forecasts and Analysis - By Application
10.4.6Middle East and Africa Body Area Network Forecasts and Analysis - By Countries
10.4.6.1South Africa Body Area Network
10.4.6.1.1South Africa Body Area Network by Device Type
10.4.6.1.2South Africa Body Area Network by Component
10.4.6.1.3South Africa Body Area Network by Application
10.4.6.2Saudi Arabia Body Area Network
10.4.6.2.1Saudi Arabia Body Area Network by Device Type
10.4.6.2.2Saudi Arabia Body Area Network by Component
10.4.6.2.3Saudi Arabia Body Area Network by Application
10.4.6.3U.A.E Body Area Network
10.4.6.3.1U.A.E Body Area Network by Device Type
10.4.6.3.2U.A.E Body Area Network by Component
10.4.6.3.3U.A.E Body Area Network by Application
10.4.6.4Rest of Middle East and Africa Body Area Network
10.4.6.4.1Rest of Middle East and Africa Body Area Network by Device Type
10.4.6.4.2Rest of Middle East and Africa Body Area Network by Component
10.4.6.4.3Rest of Middle East and Africa Body Area Network by Application
10.5.SOUTH AND CENTRAL AMERICA
10.5.1South and Central America Body Area Network Overview
10.5.2South and Central America Body Area Network Forecasts and Analysis
10.5.3South and Central America Body Area Network Forecasts and Analysis - By Device Type
10.5.4South and Central America Body Area Network Forecasts and Analysis - By Component
10.5.5South and Central America Body Area Network Forecasts and Analysis - By Application
10.5.6South and Central America Body Area Network Forecasts and Analysis - By Countries
10.5.6.1Brazil Body Area Network
10.5.6.1.1Brazil Body Area Network by Device Type
10.5.6.1.2Brazil Body Area Network by Component
10.5.6.1.3Brazil Body Area Network by Application
10.5.6.2Argentina Body Area Network
10.5.6.2.1Argentina Body Area Network by Device Type
10.5.6.2.2Argentina Body Area Network by Component
10.5.6.2.3Argentina Body Area Network by Application
10.5.6.3Rest of South and Central America Body Area Network
10.5.6.3.1Rest of South and Central America Body Area Network by Device Type
10.5.6.3.2Rest of South and Central America Body Area Network by Component
10.5.6.3.3Rest of South and Central America Body Area Network by Application
11.INDUSTRY LANDSCAPE
11.1.MERGERS AND ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12.BODY AREA NETWORK, KEY COMPANY PROFILES
12.1.ERICSSON
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.FUJITSU LIMITED
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.GENERAL ELECTRIC
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.HUAWEI
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.INTEL CORPORATION
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.LAIRD CONNECTIVITY
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.LG ELECTRONICS
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.NXP SEMICONDUCTORS
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.RENESAS ELECTRONICS CORPORATION
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.ZMT ZURICH MEDTECH AG
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. Ericsson2. Fujitsu Limited3. General Electric4. Huawei5. Intel Corporation6. Laird Connectivity7. LG Electronics8. NXP Semiconductors9. Renesas Electronics Corporation10. ZMT Zurich MedTech AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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