Applications for new categories of wearable devices are beginning to evolve into some interesting areas -- particularly within the medical arena, where innovation is likely to have a very positive impact on the professional healthcare sector. Consumer wearable devices targeting health and fitness applications have already demonstrated some promising early-adopter use-cases. Moreover, advancements in neuroscience technology research have several manufacturers preparing to launch Brain-to-Machine Interface (BMI) enabled products. According to the latest market study by ABI Research, revenues from both medical-grade and consumer BMI related products will already approach $10 million in 2015. That said, let's be clear about the potential applications, BMI technology is unable to read your thoughts. However, tapping into brain activity -- as a means of understanding human behavior, or controlling an external activity -- are now becoming possible. Example BMI Application Scenario...
TMT Market Research and Analysis