NEW YORK, March 30, 2016 /PRNewswire/ -- Overview:
Sports, Fitness, Healthcare, and Clothing are emerging as key industries for the early market success of wearable technology. Mind Commerce sees wearables in Sports and Fitness alone reaching $9.4 billion globally by 2020 with a CAGR of 103%. Wearable devices within these market segments typically represent an accessory that provides the user with information in support of various applications and/or personal services. For example, some wearables in healthcare help in monitoring blood pressure levels, heartbeat, body temperature and similar other evolving features.
This report evaluates the market for wearables in Sports and Fitness, Healthcare, and Clothing industries. This evaluation includes an assessment of technologies necessary for personal area networks including the very personal "Body Area Network" (BAN). The report assesses companies and solutions and provides forecasts for the period of 2015 - 2020. The report also includes analysis of wearables, IoT, and Big Data as the latter will represent a significant opportunity as vast amounts of data is generated from wearable devices in these industries.
· Data and analytics companies
· Sports and fitness companies
· Wireless device manufacturers
· Healthcare technology suppliers
· Consumer electronics companies
· Wearable technology developers
· Embedded computing companies
· Clothing and accessories providers
· Wireless service providers of all types
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