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Research and Markets: Worldwide Wearable Technology Market Trends to 2018 - Concise Analysis of the $19 Billion IndustryDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/f9v6ft/wearable) has announced the addition of the "Wearable Technology Market Trends through 2018" report to their offering. Wearable technology is clearly a growing industry, with forecasts predicting that worldwide spending on wearable technology will reach $19 billion by 2018. And by 2020, over 150 million wearable devices will ship worldwide. With Samsung (News - Alert) Gear Live just released, and the long-awaited iWatch eagerly anticipated, the Smartwatch category in the wearables market is poised to be commercialized by the heavy-hitters in mobile technology. Several factors are converging to facilitate wearable technology integration including:
This report discusses the market opportunities in all sectors, and reveals what we believe will be THE most profitable piece of the wearables market in the next 3-5 year. This report discusses the market potential for various sectors of wearables. We see developments in key technologies such as Augmented Reality, Body Area Networks, Ambient (News - Alert) Awareness, and Peer-to-Peer Communications as drivers for evolution in consumer perception of value and willingness to engage in new forms of communications, content, applications, and commerce. The miniaturization of technology has reached a point where a variety of sensors and other tech can be built into wearable gadgets (many piggy-backing on a smartphone's connectivity, processing power and local storage) that enhance the user's life in some way. Examples are health monitoring and activity tracking, environmental sensing, data monitoring and recording, collaboration, authentication and augmented reality. Even if your business doesn't manufacture or sell wearable devices, it will interface with wearables in some way:
KEY FINDINGS:
This report is a must-have for professionals interested in creating profit from the wearable computing market. For more information visit http://www.researchandmarkets.com/research/f9v6ft/wearable
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