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European Human Augmentation Forecast, 2021-2026: How AR/VR, Biometrics, Wearables, and Other Augmentation Techs Will Elevate Human Skills and Transform Businesses

Publisher IDC
Published Aug 03, 2022
Length 17 Pages
SKU # IDC17338012

Description

European Human Augmentation Forecast, 2021-2026: How AR/VR, Biometrics, Wearables, and Other Augmentation Techs Will Elevate Human Skills and Transform Businesses

This IDC Market Forecast analyzes the human augmentation market in Europe and provides a spending forecast between 2021 and 2026. According to IDC, the human augmentation market includes technologies such as augmented and virtual reality (AR/VR), exoskeletons, biometrics, wearables, affective computing, brain computer interfaces, smart home, and medical devices (ingestible, injectable, and implantable devices)."Human augmentation is gaining a lot of attention across companies that want to evolve their work culture and move to the next level of their digital transformation journeys. Companies in Europe will spend $62 billion on human augmentation this year," said Andrea Minonne, senior research analyst and lead of Human Augmentation Research, IDC. "We live in an era of skill shortages and workplace transformation. Human augmentation technologies can help companies address these issues — not only do they unlock skills that humans wouldn't have without the support of technology, but they also empower individuals by elevating their existing skills and capabilities."

Please Note: Extended description available upon request.

Table of Contents

17 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Employee Augmentation and Skill Gaps

Future of Work and Culture Transformation

Metaverse Push

Inhibitors

Certifications, Legislation, Privacy, and Health Concerns

Lack of Marketing Activities

Significant Market Developments

Smart Devices

Wearables

Biometrics

AR/VR

Ingestible, Injectable, Implantable Devices

Exoskeletons

Brain Computer Interfaces

Affective Computing

Changes from Prior Forecast

Market definition

Methodology

Related Research

Pricing

Currency Rates
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