Consumer Wearables Market: 3Q 2015 Survey Results & Analysis
Wearable devices are proving to be the defining technology of 2015. The initial trickle of niche devices has turned into a steady stream with a tidal wave expected over the next five years. This presentation contains the results of a survey on the consumer wearables market conducted online in September 2015, using the Compass Intelligence Thought Leaders panel. This presentation also shares insights on the most popular brands in the consumer wearables market, the benefits of wearable devices, and the latest the trends. Read this report to understand why the wearables are taking off and what it means for consumers, including: the reasons consumers are purchasing wearable devices, the most valued capabilities and features, wearables device perceptions, predictions, and 5-year U.S. consumer wearables market forecast. The terms wearable technology, wearable devices, and wearables all refer to electronic technologies or computers that are incorporated into items of clothing and accessories, which can comfortably be worn on the body including implantables. These wearable devices can perform many of the same computing tasks as mobile phones and laptop computers.
Sources: Compass Intelligence’s segment and market forecasts, which include business expenditures, market demographics, and usage and adoption statistics are built using multiple sources, including proprietary Compass Intelligence research. These sources include, but are not limited to, secondary research, government data and statistics (e.g. Department of Commerce, Federal Communication Commission, Bureau of Labor Statistics and US Census Bureau), primary research, vendor-based research and in-depth interviews with key decision-makers, where relevant. Compass Intelligence selects data sources to provide greatest degree of perspective on each market or segment, in addition to the highest level of data accuracy, stability, and consistency over time.
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