BuddeComm Intelligence Report - Wearable Devices Trends and Statistics
Wearable technology emerged as a hot topic over the last couple of years and the interest in this sector continues to grow in 2014. This emerging market currently comprises devices such as smart watches, augmented reality glasses; fitness activity trackers and home and remote patient monitoring devices. Innovative devices and concepts are continuously emerging ranging from Smart glasses to assist with jet lag to Smart wigs which include GPS and camera apps and Smart rings that do your bidding with just a gesture.
While the success and failure of such devices is yet to be decided; there is general consensus that the wearable technologies trend is here to stay and will attract billions in spending in the coming years.
This BuddeComm Intelligence report provides overall global statistics and trends for the wearable technologies market, supported by examples where applicable.
In 2014 issues surrounding the legal implications of wearable technology are coming to the fore. Google launched Android Wear for smart watches with devices expected to be launched later in 2014.