Wearable sensors reach their first billion-dollar year

28 September 2017


INTERNATIONAL

IDTechEx predict that 2017 will be the first billion dollar year for wearable sensors. These critical components are central to the core value proposition in many wearable devices. The “Wearable Sensors 2018-2028: Technologies, Markets & Players” report includes IDTechEx’s latest research and forecasts on this topic, collating over 3 years of work to provide a thorough characterisation and outlook for each type of sensor used in wearable products today.

IDTechEx describe wearable sensors in three waves. The first wave includes sensors that have been incorporated in wearable for many years, often being originally developed for wearable products decades ago, and existing as mature industries today. A second wave of wearable sensors came following huge technology investment in smartphones. Many of the sensors from smartphones could be easily adapted for use in wearable products; they could be made-wearable. Finally, as wearable technology hype and investment peaked, many organisations identified many sensor types that could be developed specifically with wearable products in mind. These made-for-wearable sensors often remain in the commercial evaluation or relatively early commercial sales today, but some examples are already becoming significant success stories.



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