Wearable Technology Market Examined by Mind Commerce Publishing in New Report Available at MarketPublishers.com26 Nov 2014 • by Natalie Aster
LONDON – Wearable technology has high potential for integration in many industry sectors, including communications and consumer electronics. Sports, clothing, healthcare and fitness sectors are amid the earliest adopters of wearable technologies. Meanwhile, sure steps towards technologies adoption are currently observed in such sectors as gaming, entertainment, enterprise and some others.
The world wearable technology industry is anticipated to reach the value of USD 218 billion in 2019. In 2014, the market is evaluated at USD 9 billion. The market growth will likely be fuelled by rising number of applications in consumer wearables, healthcare and military sectors. Further wearable technology integration is propelled by such factors, as the expansion of wireless capacity, increasing cellular and wireless (WiFi, LTE and WiMAX) sector saturation, the need for new revenue streams establishments as well as the rising support from the giant companies, including Apple, Google and other firms.
The ongoing development of such technologies as peer-to-peer communications, augmented reality, body sensor networks and ambient awareness, spurs the willingness of customers to be engage more in novel content, applications, communication and commerce forms.
New market research report “Wearable Technology in Industry Verticals 2014 - 2019” developed by Mind Commerce Publishing LLC Research provides an extensive overview of the wearable technology industry landscape.
The report includes a deep analysis of the global wearable technology market scenario, focuses on the key market drivers, analyzes the technology application in different industry verticals and offers the market assessment on the basis of uses and geographies. It discloses trustworthy data on the wearable technology historical evolution, overviews the main technology characteristics and examines the top challenges and constraints for further wearable technology adoption, including ethical concerns and technological barriers. Furthermore, the report presents detailed descriptions of the main market players, including wireless devices producers, technology developers, wireless infrastructure providers and consumer electronics manufacturers. Besides, forecasts for wearable technology industry, including revenues and adoption projections, through 2018 are included, too.
Wearable Technology in Industry Verticals 2014 - 2019
Published: November, 2014
Price: US$ 2,995.00
More market research studies by the publisher can be found at Mind Commerce Publishing page.