Global wearable technology market to reap revenues of $4.6 billion in 2013

Monday 2 September 2013, Amsterdam

This latest report Global Wearable Technology Market 2013-2018: Smartwatches, Tech Clothing, AR Glasses, mHealth, Fitness & Wellbeing examines the global wearable technology market with a focus on Google and how rival companies in this space are devising strategies to try and gain market share in this exciting new market area which is expected to enter an explosive growth phase.

Wearable technology has been utilised by the military for several years now, with soldiers wearing sensors in their uniforms and helmet mounted cameras. Due to these devices becoming increasingly cheap to manufacture, OEMs are now devising ways to apply this technology to target the consumer market. With virtually limitless applications to a number of verticals the wearable technology market represents a huge value proposition to all ecosystem members, from manufacturers to app developers and service providers.

Google are set to redefine the market with the launch of Google Glass and their main rival in the smartphone space, Apple, will counter this offering with a wearable technology device of their own, reported to be a smartwatch. We believe the wearable technology market will follow the same paradigm as that of smartphones and tablets and in the next 5 years these new devices will see explosive growth and high adoption rates promising wide revenue streams for all ecosystem members.

The author of Global Wearable Technology Market 2013-2018 Smartwatches, Tech Clothing, AR Glasses, mHealth, Fitness & Wellbeing report commented that “While currently in its infancy the wearable tech market will this year explode with key devices released by two industry giants, Apple and Google. For potential ecosystem members and investors now is the time to position themselves in order to gain substantial revenues and market share in the wearable technology market.”

This 184 page report contains 218 tables and charts that add visual analysis in order to explain key factors of the wearable technology market and the companies involved. Visiongain provides global wearable technology market forecasts (revenue & shipments) between 2013-2018. Global wearable technology submarket forecasts (revenue & shipments) are provided between 2013-2018 for Smartwatches, mHealth Devices, Tech Clothing, AR Glasses, Fitness / Wellbeing / Sports Devices and Wearable Cameras. The report also provides Regional wearable technology market forecasts (revenues & shipments) between 2013-2018. To provide deep regional granularity,  the report also provides detailed regional wearable technology submarket forecasts (revenues & shipments) between 2013-2018 for each of the submarkets of Smartwatches, mHealth Devices, Tech Clothing, AR Glasses, Fitness / Wellbeing / Sports Devices and Wearable Cameras. The report covers 10 leading companies in the wearable technology space along with  information on vendor and manufacturer strategies for succeeding in the wearable technology space. The report also provides an exclusive interview with OMG Life, providing expert insider insight alongside our analysis.

The Global Wearable Technology Market 2013-2018 Smartwatches, Tech Clothing, AR Glasses, mHealth, Fitness & Wellbeing report will be of value to current and future potential investors into the mobile telecoms sector, as well App Developers, Cloud Providers, Consumer Electronic Manufacturers; Investors; Mobile network operators (MNO); Original Equipment Manufacturers (OEM); Semiconductor Providers; Software designers; Software vendors; UI designers.