Wearable Technologies Global Market Forecast - 2016-2025

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Wearable technology includes a host of technologies that are capable of being integrated into the 'Soldier System' and into a variety of other civilian systems and components in ways not previously possible. These technologies actively enhance safety, situational awareness (local and global), and operational performance.

Wearable Technologies Market

Over the coming decade, the wearable technologies market is expected to grow at a cumulative CAGR of nearly 40%, producing a cumulative global market of nearly $8 billion.
This report presents a summary and assessment of both the current commercial and military wearable technologies, the projected evolutionary paths over the next decade, and the implications of both technical and political influence on the global market for wearable technologies.

The trend toward disaggregation of computing and sensing technology is accelerating, enhanced by the shrinking size of components that provide the user with far superior capacity than similar components of greater size and power demand. With this physical separation and shrinking of components comes the opportunity to place wearable technology on and around a person in a fashion that is less intrusive and more conducive to extended periods of wear. Additionally, as ever more users allow data to be uploaded to the cloud for anonymous aggregation and large-scale use-analysis, wearable systems can learn and modify factory-preset behavior to better support and enhance the end user experience.

This report looks at today's growing commercial and military wearable technology markets.

The early focus in this commercial market has been to develop distributed systems for wearable communications and health monitoring devices, while the military market has also focused on visual displays (head-up displays or HUDs) and on-body energy harvesting systems.