Topic: Wearables. Global Wearable Technology Market 2013-2018 - Report - IT - visiongain. Wearables: The next B2B marketing frontier? Wearable technology—from Google Glass to Apple's iWatch to the Fitbit—is poised to become a billion-dollar industry worldwide.
Analyst firm Juniper Research predicted that wearable spending would hit $1.4 billion in 2013 and will reach a staggering $19.0 billion by 2018. Soon it won't be just the cool kids creeping people out with their Google Glass. "It is worth observing that this change in adoption levels can also be attributable to heightened consumer awareness of wearable technology and a better visibility of product adoption, especially in the smart watch segment," wrote the report's author, Nitin Bhas. With the rumor mill cranking at full speed on what Apple's smart watch will look like, what it will do and when it will be released, as well as speculation on when (and if) Google will introduce its own smart watch (anywhere from March to June, according to TechCrunch), consumers are undoubtedly itching to get their hands on a wearable device.
Future of wearable tech report 2014. Unless you've been living under a rock for the past few years then the buzz around wearable technology shouldn't come as a surprise.
But how many different products and applications do you know besides the usual suspects of fitness tracking and smartwatches? Humankind has always been driven by a desire to augment our natural abilities in order to better adapt to and control our environments. (Scott Lachut, PSFK Labs) You'll need a large monitor and a good set of eyes to read the comprehensive Future Of Wearable Tech report by PSFK but it's well worth it. Wearable technology promises to be the holy grail of market research as it offers intimate data about the person, their habits without having to ask questions. As a mobile market research company we're certainly keeping a keen eye on the wearables trend.
Only 5 months ago in September we looked at the ownership and awareness of fitness trackers and smartwatches and the numbers were quite low (click through for the free report). Wearable Technology 2014-2024: Technologies, Markets, Forecasts. Wearable technology mainly concerns devices and apparel/textiles.
Glasses, jewellery, headgear, belts, armwear, wristwear, legwear, footwear, skin patches, exoskeletons and e-textiles are involved and the device business is already large. As the wearable electronics business powers from over $14 billion in 2014 to over $70 billion in 2024, the dominant sector will remain the healthcare sector which merges medical, fitness and wellness. It has the largest number of big names such as Apple, Accenture, Adidas, Fujitsu, Nike, Philips, Reebock, Samsung, SAP and Roche behind the most promising new developments.
Fig. 1. Cisco Report Shows Small But Growing Wearable Market. A new report from Cisco gives ammunition to the chattering masses who see wearable device technology as a niche market not capable of coming close to the popularity of smartphones anytime soon.
We are seeing developments in the wearable technology market such as Samsung poised to release its Galaxy Gear, Google Glass soon becoming widely available and Apple rumored to be developing some kind of iWatch, with Apple execs even meeting recently with FDA officials to discuss “mobile medical applications.” A New York Times report suggested the meeting was part of Apple’s long interest in health-monitoring technology that could be part of the company’s rumored smartwatch. Among other Apple rumors, the company has a team of 200 working on its rumored smartwatch, and the FDA meeting was for Apple to make sure its new device won’t come into the FDA’s territory. Wearables were added to Cisco’s annual study of mobile traffic for the first time in 2013. Wearable Technology Market - Global Scenario, Trends, Industry Analysis, Size, Share And Forecast 2012. Global Wearable Technology Market Research Report 2018.
Albany, NY (PRWEB) January 10, 2014 The global wearable technology market stood at USD 750.0 million in 2012 and is expected to reach USD 5.8 billion in 2018, at a CAGR of 40.8 percent from 2012 to 2018.
North America is expected to maintain its lead position at 43.0 percent of the global wearable technology revenue share in 2018 followed by Europe. Browse the full report with TOC at The estimates and forecast along with detailed analysis of these products have been provided in this report. The drivers, restraints and opportunities (market dynamics) with reference to wearable technology market have been covered in detail. Wearable-Technology-sep-2013.pdf. Untitled.