Wearable technology concerns any electronic products that are designed to be worn on the person. A report by IDTechEx analysts found the market will be worth over $30bn in 2016, and growing in three stages: 10% annually to over $40bn 2018, but then accelerating to 23% through to over $100bn by 2023, before slowing to 11% to reach over $150bn by 2026.
Compiled after three years of dedicated and ongoing research by expert analysts, the report details IDTechEx’ s coverage of the wearable technology ecosystem. It looks at the industry from many different perspectives, with detailed discussion framing core primary research and market forecasting. The reports
The reports looks at the historical context for wearable technology products, looking contrasting sectors such as medical devices and commodity infotainment items like headphones or electronic watches. It then focuses on key trends today, ranging from societal megatrends (e.g. the aging population), to industry-wide innovation trends (e.g. evolving form factors and interfaces in devices), and finally down to core player-by-player strategies within industry and product verticals. Fuelled by a frenzy of hype,
IDTechEx analysis and forecasting were across 39 categories of wearable technology device, segmented by product type, industry, and location on the body.
You can learn more at http://www.idtechex.com/research/reports/wearable-technology-2016-2026-000483.asp