Wearable technologies are nothing new and have existed in some capacity in certain markets for more than twenty years. These technologies have been considered basic but functional; however, they have never attracted significant attention. Over the last 12 months, this has changed. Nike’s new FuelBand activity tracker has brought a cool factor to wearable technologies. Furthermore, with the near ubiquitous presence of smartphones, wearable technologies are able to link to and leverage this powerful processing and storage device. The market is going to witness an avalanche of new wearable products arriving on the market such as, smartphone compatible watches, innovative healthcare solutions, and the rise of smart glasses.
ABI Research’s latest report on wearable computing devices segments the market into seven sections: wearable cameras, smart clothing, smart glasses, healthcare, sports and activity trackers, wearable 3D motion trackers, and smartphone compatible watches. The study presents an overview of each key technology and portrays detailed global and regional forecasts for each segment. Finally, the key players for each wearable technology are included in the report’s comprehensive Competitive Assessment section.