CAMBRIDGE, UK – The market for wearables in 2019 will reach $50 billion, more than double since 2014, says IDTechEx.

Growth is driven by smartwatches, continuous glucose monitoring devices, hearing aids, headphones, AR, VR and MR.

New types of wearable technology range from the electronic skin patch to smart apparel based on electronic textiles, to footwear, rings and headbands. In a new report, IDTechEx assessed 48 separate product types.

Many companies that produce wearables have disappeared or changed strategy since 2014. The success in smartwatches has not come from many of the early standard bearers, but more prominently from Apple, followed by other consumer electronics players and sports electronics companies, says the research firm.

In VR, AR and MR, some of the flagship products and companies have also failed, and despite significant growth in the industry, the overall space is still far from breaking even on the huge investments that have poured in over the last decade.


Register now for PCB West, the leading conference and exhibition for printed circuit board design! Coming Sept. 9-12 to the Santa Clara Convention Center. pcbwest.com

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account