for those who like to read.....
Sensors Enabling a $70B Wearable Technology Market by 2025
August 26, 2015 | Business Wire
Reading time 1 min (340 words)
There will be over 3 billion sensors in wearable technology devices by 2025
the number seems low so that is why I underlined "wearable" -only that segment
, with more than 30% being emerging sensor types. Wearable Sensors 2015-2025: Market Forecasts, Technologies, Players is a brand new IDTechEx Research report providing the only up-to-date and expert analysis of every prominent sensor type for wearable technology.
Sensors are the most diverse component type in wearable devices, and they also enable the key functions that will go into wearable devices and make them be worn. Advances with wearable sensors are a vital driver for the future of wearable technology. Their incorporation alongside new energy harvesting and energy storage techniques, efficient power management systems and low power computing, in form factors that will be increasingly flexible, fashionable and invisible will enable the wearable technology market to reach $70bn by 2025.
The IDTechEx Research report gives detailed coverage of the 15 most prominent sensor types in wearable technology today, including inertial measurement units (accelerometers, gyroscopes, magnetometer and barometers), optical sensors (including optical heart rate monitoring, PPG and cameras), wearable electrodes, chemical sensors, flexible stretch, pressure and impact sensors, temperature sensors, microphones and other emerging wearable sensors.
For each sensor, the technologies and major players are described, backed up by detailed interviews and company profiles of key bodies in each sector. The report also views the big picture, discussing the implications of sensor fusion and the relative merits of each sensor type for various applications. Extensive primary research is used to produce detailed market forecasts for each sensor type over the next decade, illustrating the trends that will be prominent in the industry. Case studies of the key trends include regulatory implications for healthcare systems, ease of commoditization in infotainment devices and the possibilities presented by sensor fusion.
The report provides all of the information needed to gain a detailed understanding of the opportunities and challenges with incorporating sensors into wearable products, backed up by unique insight from IDTechEx Research's extensive analysis of 800 active players in the wearable technology space.
QUIK, can you beam part investors in your bis into this segement?
Thanks in advance.
Thursday, August 27, 2015
Report claims there will be 3 billion wearable sensors in the wild by 2025
And the global smartwatch market is expected to increase by 54%
A new report from IDTechEX Research has revealed that our appetite for wearables will mean over 3 billion sensors will be strapped to our bodies by 2025. That, combined with a separate report estimating that the global smartwatch market will grow by nearly 54 % in the next five years, shows wearables could be as ubiquitous as smartphones before we know it.
More reading:The outsiders of wearable tech
The IDTech EX Research report details the 15 most popular sensor types used in wearables today, which include movement sensors like the accelerometer and gyroscope, optical sensors like the optical heart rate monitor and cameras, wearable electrodes, chemical sensors, flexible stretch, pressure and impact sensors, temperature sensors, microphones, and more.
And it's not just going to be more of the same. The company is predicting that sensor technology will skyrocket over the next decade, and there could be 30% more new sensor types within that timeframe. One example is Google's Project Soli, which is a gesture-based system that uses radar technology to track the slightest hand movement.
Speaking of Google, according to a separate report by Transparency Market Research, not only will the global market rise by 53.6 % by 2020, but also Android Wear specifically will balloon 57.9% within that same time period – which is great news for the platform that struggled with sales in 2014.
"The launch of Android Wear OS by Google Inc. transformed the wearable devices and smartwatches market in 2014 with high number of applications and constant upgrades," the report claims.
Unsurprisingly, fitness is a big factor for the sudden interest in wearable devices, and the explosion of sensors – which are an integral part of tracking our workouts.
"The growing presence of health-conscious and tech-savvy users in the region is one of the primary reasons for the growth of the smartwatches market in North America," the report notes.
"In addition, rapid adoption of high-end smartwatches, surging smartphone penetration, and rising fitness and health activities have contributed toward the growth of this regional market."
Based on these predictions, our future is going to be filled with hard bodies covered in tiny sensors. Best put those cookies back in the cupboard
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