BuddeComm Intelligence Report - Global Wearables Device Market and Trends

Synopsis

Archived report. Wearable technology has become a thriving industry, with an ever-broadening range of possible uses and devices, including smart watches, glasses, clothing items, skin patches, and even implants for health monitoring.

With wearable devices still making their mark on the consumer market, the industry is looking at the potential of wearables in the enterprise sector – for example, being hands-free devices, smart glasses are ideal in the blue-collar business.

Sensor technology is benefiting from the growth of wearable devices and sensor shipment sales are increasing as a result.

Wearable developments have also led to a revival of Virtual Reality.

This BuddeComm Intelligence report provides overall global statistics and trends for the wearable technologies market, supported by examples where applicable.

Latest developments:

Developments regarding wearable rings are underway which allow a user to gesture in order to operate applications such as home automation systems; receive alerts through vibration and pay bills – among other applications. Interest from the emerging markets is growing and as demand generally around the globe increases, the cost of wearable devices is coming down.