The global wearable computing market will grow at a compound annual growth rate (CAGR) of 43.4% from around $5 billion forecast for 2013 to $9.2 billion in 2014 and more than $30.2 billion forecast for 2018.
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SCOPE OF REPORT
The scope of this report is broad and covers several product areas and market segments. Global market trends are analyzed with global market revenue data from 2012, estimates for 2013 and 2014, and projections of compound annual growth rates (CAGRs) through 2018. The report discusses recent technological advances in materials sciences, electronics, photonics and software that are enabling a potentially vast range of new lightweight, wearable computing products to emerge.
The history and current state of the wearable computing market is reviewed and the types of devices available are discussed. An analysis of the industry structure, including major companies and market shares, and major markets and market drivers is made. This includes an examination of the consumer markets (wearable cameras, sports and activity trackers, smart clothing and textiles, smart glasses, smart watches, entertainment and gaming) and non-consumer markets (healthcare, defense, security, enterprise, industrial, warehouse and logistics). Likely future industry developments are discussed and the future evolution of the technology is predicted. Patent evaluation, including coverage of the current state of technology, new patent applications, and newly issued patents is also included.
Adam Weigold is currently CEO of the SASM Institute (www.sasminstitute.com), a San Francisco-based technology incubator for innovative projects in science, art and social media. He has a Bachelor of Science from Adelaide University, Australia and a PhD in Physics from Macquarie University, Australia. He is a former Director of the Optical Society of Australia and has over 20 years of professional experience as a technology inventor, corporate level executive and business development manager in technology start-ups in both Australia and the U.S. Dr. Weigold has significant market experience in the areas of military lasers, medical devices, industrial automation, telecommunications, computer hardware, photonics, semiconductors, health services and social media. He is an author or co-author of eight issued patents and one pending patent application in the fields of photonic test and measurement, fiber-optic communications, computer bus platforms, medical devices and directed energy weapons.