DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9df3zn/wearable) has announced the addition of the "Wearable Technology 2015-2025: Technologies, Markets, Forecasts" report to their offering.
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 $20 billion in 2015 to almost $70 billion in 2025, 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, Reebok, Samsung, SAP and Roche behind the most promising new developments.
By the end of the coming decade, advanced informatics as wearable electronics will match the healthcare market, with new healthcare and informatics devices promising billion dollar sales potential. However, truly disruptive new technology, in the form of e-textiles, will also begin to establish major sales in a few years' time and fashion, industrial, commercial and military applications will burgeon as a consequence. On the other hand, wearable infotainment will be increasingly commoditised by China, following its commoditisation of basic electronics wristwatches and earphones.
The world's largest electronics, software, services and medical companies are among the many giants clashing horns on this so-called ""new mobile phone"" meaning the next potentially huge market after mobile phones, though rarely a direct replacement. Indeed, the biggest opportunity is medical/health/fitness addressing many of the biggest challenges in society today. Even software companies are saying, ""hardware is the new software"" because apps can now be modules or hardwired disposables and the intellectual property of the new hardware, such as sensing, energy harvesting/storing woven fibres, may be more disruptive and easily protected. The huge wearable technology market is now entering a rapid growth phase.
This report has examined leading indicators of future wearable technology sales such as relevant Google Trends, patent filings over the years, incidence of diabetes (treatment being a major sector of wearable technology already), cost reduction of the key enabling technologies, increase in functionality that is becoming possible and initial sales of new smart wristwear such as the Samsung watch and fitness monitors. All show that very rapid growth is in prospect.
Key Topics Covered:
1. Executive Summary And Conclusions
2. The Mobile Phone Business Expands To Wearable Technology
3. Wearable Electronics As Part Of The Sensor Business
4. Wearable Electronics As Part Of The Wristwatch Market
5. Printed Electronics Enables Wearable Technology
6. Rfid (Radio Frequency Identification) Is Used In Wearable Technology
7. Analysis Of Over 800 Developers And Manufacturers Of Wearable Electronics By Application
8. Analysis By Location On The Person
9. Interviews And Conference Report
- Accenture USA
- Anitra Technologies UG Germany
- Antje Paul Knessel Netherlands and Germany
- Conductr Canada
- Eeonyx Corporation
- Eyeqido Germany
- ICE Germany
- Intel USA
- NanJing KeLiWei Electronic Equipment China
- Reebok International
- Sony Japan
- Sunfriend Corp
- SwiftAlarm Germany
- ULOCS Sweden
For more information visit http://www.researchandmarkets.com/research/9df3zn/wearable