New Healthcare Wearables with Emerging Cognitive Apps
The healthcare sector will change radically behind the scenes as healthcare databases store individual user data and provide personalized services and preventative recommendations.
Source: Digital Lifescapes
Wearable Device Shipments to Reach 228.3 Million by 2020
Shipments of connected wearables reached 72.5 million in 2015, that’s up from 25.3 million devices in the previous year, according to the latest worldwide market study by Berg Insight. Many of these devices have become a significant part of the emerging Internet of Things (IoT) phenomena.
Source: Digital Lifescapes
Exploring Smart Glasses Recent Market Development Trends
To some people, smart glasses are a “cool” new gadget. They’re one of the most innovative developments in the emerging wearable technology market. It is the product segment closest to an imagined future for many tech-savvy consumers.
Smartglasses and Smartwatches will Lead Wearable Devices
Global wearable device wholesale revenues will grow a huge 3200% from 2013 to 2020. Increasing device volumes will offset declining ASPs, as more vendors and models from China, India and elsewhere enter the market. The smartwatch and smartglasses categories will dominate total wearable device revenues for the next decade.
Smart Wearables Market will Reach $53.2 Billion in 2019
Research has also shown that retention rates for certain wearable devices are much lower than originally anticipated. However, this has not dampened the consumer electronics industry enthusiasm for wearable devices — a case in point being the introduction of the Apple Watch this week. Juniper Research has revealed that the global retail revenue from smart wearable devices are now forecast to treble by 2016, before reaching $53.2 billion in 2019.
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