Skip to main content

Exploring the Upside for Smart Wireless Accessories

According to findings from the latest market study by Juniper Research, new analysis has revealed a high growth surge expected in the emerging Smart Wireless Accessory sector.

The new study found that shipments of app-enabled smart wireless accessories will approach 170 million by the end of 2018, compared to over 18 million this year.

At that time the market will be dominated by consumer electronics (CE) and fitness accessories, although in the longer run healthcare smart wireless accessories are expected to gain most traction.

Emerging Consumer Electronic Markets

Juniper noted that significant growth is expected across a very wide breadth of applications, comprising areas as diverse as video eyewear, baby monitoring, home security & monitoring and TV transmission equipment.

"The actual take up of CE smart wireless accessories will depend on whether companies succeed in creating accessories that will capture the imagination of the consumer," said Nitin Bhas, senior analyst at Juniper Research.

Nevertheless, the multiplicity of potential use cases means that the consumer electronics category represents one of the most important areas in which smart wireless accessories will develop.


Google Glass and Smart Watches

The app-enabled smart wearables market, a particularly hot niche within the wireless accessories sector, has already seen significant numbers of deployments particularly in the health and fitness area.

Juniper forecasts an increased adoption of other wearables such as smart watches and to an extent smart glasses towards the latter part of the forecast period, owing to recent developments within the wearable segment.

The market entry of players such as Apple and Google will further drive the adoption of premium wearable devices, and at the same time publicizing and educating consumers.

Other key findings from the latest study include:
  • The Fitness and Healthcare sector together will account for over 50 percent of the devices shipped this year.
  • A multi-channel strategy is essential to gain traction in the race to secure a place in this new market.

Popular posts from this blog

Digital Talent Demand Exceeds Supply in Asia-Pac

Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul

How Cloud Fuels Digital Business Transformation

Across the globe, many CEOs invested in initiatives to expand their digital offerings. User experience enhancements that are enabled by business technology were a priority in many industries. Worldwide end-user spending on public cloud services is forecast to grow 21.7 percent to a total of $597.3 billion in 2023 -- that's up from $491 billion in 2022, according to the latest market study by Gartner. Cloud computing is driving the next phase of digital transformation, as organizations pursue disruption through technologies like generative Artificial Intelligence (AI), Web3, and enterprise Metaverse. Public Cloud Computing Market Development "Hyperscale cloud providers are driving the cloud agenda," said Sid Nag, vice president at Gartner . Organizations view cloud computing as a highly strategic platform for digital transformation initiatives, which requires providers to offer new capabilities as the competition for digital business escalates. "For example, generativ

Mobile Device Market Still Awaiting Recovery

The mobile devices market has experienced three years of unpredictable demand. The global pandemic, geopolitical pressures, supply chain issues, and macroeconomic headwinds have hindered the sector's consistent growth potential. This extremely challenging environment has dramatically affected both demand and supply chains. It has led to subsequent inflationary pressures, leading to a worsening global cost of living crisis suppressing growth and confidence in the sector. In tandem, mobile device industry stakeholders have become more cautious triggering market uncertainties. Mobile Device Market Development Operating under such a backdrop, the development of mobile device ecosystems and vendor landscapes have been impacted severely. Many of these market pressures persisted throughout 2022 and now into 2023, borne chiefly by the smartphone market. According to the latest worldwide market study by ABI Research, worldwide smartphone shipments in 2022 declined 9.6 percent Year-over-Year