Body Area Network Market is expected to grow from USD 9.09 Billion in 2018 to USD 21 Billion by 2025, at a CAGR of 13% during the forecast period. Body area network is basically a short-range wireless network comprising devices positioned in, on, and around the body that can be connected and communicate. It is a type of personal network that uses wearable and implanted electronic circuits. It implements highly useful functions and capabilities inconvenient and unobtrusive configurations that operate at very low power and deliver superior security. BAN has applications in the military where it is used to monitor the physical locations of field personnel. The vital signs of solider’s can be tracked similar to healthcare patients as part of monitoring their physical well-being.
Key Players
The Key Players in the Body Area Network Market are Apple Inc.(US), Fitbit (US), Samsung Electronics Co., Ltd (South Korea), Garmin Ltd. (US), Fossil Group, Inc. (US), Xiaomi Corporation (China), Huawei Technologies Co., Ltd. (China), Casio Computer Co., Ltd. (Japan), LG Electronics Inc. (South Korea), Medtronic plc (US), Bragi (Germany), Polar Electro Oy (Finland), Mobvoi Information Technology Company Limited (China), GOQii (US), Suunto Oy (Finland), Withings (France), AsusTek Computer Inc. (Taiwan), Abbott Laboratories (US), Huami Corporation (China), and Matrix Industries (US), Sony Corporation (Japan).
Regional Analysis
The global body area network market is projected to grow at a significant rate during the forecast period from 2019 to 2025. The geographic analysis of the global body area network market has been done for North America, Europe, Asia-Pacific, the Middle East Africa, and Central and South America.
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