The Report Wearable Technology 2014-2024: Technologies, Markets, Forecasts provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 11/19/2014 -- 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 over $14 billion in 2014 to over $70 billion in 2024, 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, Reebock, Samsung, SAP and Roche behind the most promising new developments.
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By the end of the coming decade, advanced informatics as wearable electronics will match that healthcare market, with Google Glass and the best e-wristbands being among the most promising devices so far 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.
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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.
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The huge wearable technology market is now entering a rapid growth phase. IDTechEx 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.
Markets for Sensors in the Internet of Things 2014-2021
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The much-heralded arrival of the Internet-of-Things (IoT) will lead to a remaking of the sensor industry, generating hundreds of new opportunities for Internet-connected sensors. This is the first time we are seeing a mass market emerge for novel sensor types; IoT insiders are now talking about billions of sensors being deployed. Also, the sensors required by the IoT will have special requirements, notably for low cost, low power consumption and secure connectivity. As a result, the IoT is already reshaping the sensor industry, opening up the market to new entrants and creating new challenges for existing sensor makers to ramp up volumes and form new business ecosystems that can help ensure success in new markets.
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In 2013, NanoMarkets published the first industry analysis covering the new sensor opportunities brought about by the rise of IoT. In this report, we bring the story up to date, based on the latest IoT deployments and products.
LTE Advanced 2014: State of the Market and Future Prospects
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Referred to as Wideband LTE by T-Mobile, branded as XLTE by Verizon, LTE Advanced (LTE-A) is the next major step in the evolution of the Long Term Evolution (LTE) technology. It's expected that the new technology will help in satisfying requirements for the increasing demand for the mobile data band and provides higher connectivity speeds for users. This means better mobile coverage, higher performance, and greater connection stability.
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This research report provides a comprehensive market assessment for LTE-A technology, including the technology, competitive analysis, and market assessment. The report evaluates market opportunities, companies, and solutions with SWOT analysis. The report also provides a future outlook and a roadmap. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.
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