'2014 will be the crowning year for wearable technology, with the global market growing exponentially both in terms of revenue and the number of devices introduced,' says latest Visiongain report
LONDON, UK. 09th April 2014: Wearable technology is the buzzword of 2014. A market that has existed for decades, however, microprocessors and MEMS are finally compact enough for the device category to reach fruition. In an environment heading towards a connected homes paradigm, the next step in our technological evolution is bringing control closer than arm's reach.
Wearables dominated 2014's CES, with every major OEM champing at the bit to grab a slice of an expanding pie. Although many first generation attempts were met with criticism, consideration for design and features is being carefully applied to new technologies, evolving at a rapid rate.
This is greenfield for many vendors. The plausibility of smart garments and augmented reality goggles has attracted the interest of technology enthusiasts and software developers alike. Now that the smartphone and tablet markets are showing signs of slowing, it is time for the next major wave of consumer electronics to hit.
At the beginning of 2014, visiongain calculates that the leading 20 wearable technology vendors will have revenue representing nearly 85% of the global market.
Visiongain's 125 page report Top 20 Wearable Technology Companies 2014: Smartwatches, Cameras, E-Textiles / Clothing, mHealth, Fitness & Activity Trackers & AR Glasses provides wearable technology market share data ,top 20 ranking and revenue data for this flourishing market sector.
The leading wearable technology vendors are incredibly diverse in their business models, strategies, and offerings. They operate within spheres of consumer electronics, medical devices, and fitness and lifestyle. Some are young start-ups specialising in one or a few wearable devices. Part of what makes this market so unique is for new entrants to gain market share with the alacrity and confidence of major incumbent technology corporations.
The wearable technology market will grow explosively in the next five years, and there remain many untapped market niches that these leading vendors are poised to exploit. As the market moves into a growth phase, so too will the relationships between these vendors, with competition becoming more vociferous and strategic alliances and partnerships leading to significant balance-of-power disruptions in the market.
There is much room in wearable technology for the leading vendors to grow into, and all of the companies visiongain has included in its report stand a fair chance to have a significant, longstanding impact on their respective fields.
Top 20 Wearable Technology Companies 2014: Smartwatches, Cameras, E-Textiles / Clothing, mHealth, Fitness & Activity Trackers & AR Glasses analyses the strengths, weaknesses, opportunities, threats, products, and strategies of 20 leading companies in the wearable technology market. 90 unique charts, figures, and tables quantify and qualify their market share, top 20 ranking, portfolios, and revenue streams.
These leading companies cover all levels of the wearable technology value chain, providing a comprehensive outlook on this market and relationships between players from top to bottom.
Top 20 Wearable Technology Companies 2014: Smartwatches, Cameras, E-Textiles / Clothing, mHealth, Fitness & Activity Trackers & AR Glasses will be of value to current and future investors in the IT, enterprise hardware, e-textile, mobile and desktop application, network backbone, and mobile device industries, as well as companies and research centres who wish to broaden their knowledge on this subject.
For sample pages and further information concerning the visiongain report Top 20 Wearable Technology Companies 2014: Smartwatches, Cameras, E-Textiles / Clothing, mHealth, Fitness & Activity Trackers & AR Glasses 2014 please visit: https://www.visiongain.com/Report/1238/Top-20-Wearable-Technology-Companies-2014
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