‘Wearable Web’ could become ‘trillion-dollar industry’

By | April 30, 2014

Scalper1 News

The emerging wearable-technology sector has created a boom market for research reports that say it’s going to be a boom market. Generator Research says that the wearable-device market will grow from $8 billion this year to $101.2 billion in 2018. Smart watches and smart glasses will provide the majority of growth for the market, analyst Andrew Sheehy said Wednesday. The market includes smart glasses, smart watches, fitness and activity trackers, and heart-rate monitors. “While highly fragmented and still at an early stage, it is no exaggeration to say that wearable technology is the most exciting emerging trend in the personal technology market today,” Sheehy said. “In time, a small number of enabling wearable technologies will catalyze what we have termed the ‘wearable Web,’ which will become a trillion-dollar global industry.” The “wearable Web” includes mobile devices for accessing Web data such as smart watches and head-up displays such as… Scalper1 News

Scalper1 News