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Market for Wearable Sensors will Reach $6.1B by 2026
April 21, 2016 | Business WireEstimated reading time: Less than a minute
Research and Markets has announced the addition of the "Wearable Sensors 2016-2026: Market Forecasts, Technologies, Players"report to their offering.
This report provides detailed descriptions of the sensor types that dominate wearable technology products today, and emerging sensor types that will dominate in the future. Many product types have risen through the peak of the wearable technology hype curve in the last five years before beginning the slide to disillusionment. The common feature with all of them is the prominence of sensor options as the key enabler for their most useful functions.
Sensors collect data about the physical and chemical properties of the body and local environment, and use it to feed algorithms which output insightful information. With coverage of all of the prominent incumbent sensors and the most promising emerging options, the report concludes that there will be 3 billion wearable sensors by 2025, with over 30% of them being new types of sensors that are just beginning to emerge.
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