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Emerging $5.5B Market for Sensors in Wearable Tech

Sensors are an essential component of most Internet of Things (IoT) use-case scenarios. Sensors also enable the key applications in wearable devices. This is why made-for-wearable sensors are being developed around the world, and the market is already primed for significant growth. According to the latest worldwide market study by IDTechEx Research , made-for-wearable sensors will represent 42 percent of all sensors in wearable devices in 2026 -- that's up from just 7 percent in 2015. There will be a $5.5 billion market for sensors used in wearable technology applications by 2025. However, several key challenges must be overcome before these sensor technologies can realize their full potential. Wearable sensor systems will help to drive market development. The textile and electronics industry has started to merge together around e-textiles. High-value sport and fitness applications are the current focus. Vertical industry apps will also include healthcare, home textiles, and ...

Wearable Technology Market will Reach $74 Billion

The emerging applications for IoT sensors that are designed to be worn will become vast. The wearable technology market is forecast to rise from $24.2 billion in 2015 to three times that size in ten years -- creating a market of $74 billion in 2025, according to the latest market study by IDTechEx Research . In addition to increasing demand for current enabling components and software, this market provides a large opportunity for new technologies as electronics move from being bulky devices to ones that can conform to the wearer. As the traditional markets for consumer electronics devices begin to saturate, new markets are being explored and foremost among them is the evolution of smart wearable technology. However, smart wearable gadgets thus far are mixed in terms of their success, consisting usually of bulky electronics with many limitations; power consuption being one of them. About $1 billion was invested in wearables during 2014. According to the IDTechEx assessment, this...

New Emerging Wearable Technologies Include e-Textiles

When you imagine the emerging market for Wearable Technologies, you'll likely think of eye glasses or wrist bands -- not garments or apparel. Think again; there's more innovation coming to the rapidly growing wearable tech category. According to the latest market study by IDTechEx Research , the evolving field of electronic textiles (e-textiles) describes new technology that is reliant on e-fibers for electronic, electro-optic and electrical functionality. Today, only conductive weavable fibers are widely available commercially. Include in that embroidery and other interleaving technologies using ribbon or fiber. IDTechEx finds that 24 percent of e-textile development projects develop better conductive fibers and another 24 percent concern photovoltaic fibers. Next comes 16 percent of projects on supercapacitors on fibers, with several projects seeking multi-functionality on one fiber, such as supercapacitor layers to store the harvested energy from piezoelectric vibratio...