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It’s Only Common Sense: Doing Business the Elon Musk WaySensors Enabling a $70B Wearable Technology Market by 2025
August 26, 2015 | Business WireEstimated reading time: 1 minute
There will be over 3 billion sensors in wearable technology devices by 2025, with more than 30% being emerging sensor types. Wearable Sensors 2015-2025: Market Forecasts, Technologies, Players is a brand new IDTechEx Research report providing the only up-to-date and expert analysis of every prominent sensor type for wearable technology.
Sensors are the most diverse component type in wearable devices, and they also enable the key functions that will go into wearable devices and make them be worn. Advances with wearable sensors are a vital driver for the future of wearable technology. Their incorporation alongside new energy harvesting and energy storage techniques, efficient power management systems and low power computing, in form factors that will be increasingly flexible, fashionable and invisible will enable the wearable technology market to reach $70bn by 2025.
The IDTechEx Research report gives detailed coverage of the 15 most prominent sensor types in wearable technology today, including inertial measurement units (accelerometers, gyroscopes, magnetometer and barometers), optical sensors (including optical heart rate monitoring, PPG and cameras), wearable electrodes, chemical sensors, flexible stretch, pressure and impact sensors, temperature sensors, microphones and other emerging wearable sensors.
For each sensor, the technologies and major players are described, backed up by detailed interviews and company profiles of key bodies in each sector. The report also views the big picture, discussing the implications of sensor fusion and the relative merits of each sensor type for various applications. Extensive primary research is used to produce detailed market forecasts for each sensor type over the next decade, illustrating the trends that will be prominent in the industry. Case studies of the key trends include regulatory implications for healthcare systems, ease of commoditization in infotainment devices and the possibilities presented by sensor fusion.
The report provides all of the information needed to gain a detailed understanding of the opportunities and challenges with incorporating sensors into wearable products, backed up by unique insight from IDTechEx Research's extensive analysis of 800 active players in the wearable technology space.
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