The emergence of wearable technology has transformed the outlook of computing on-the-go
Very interesting to increasingly see that, the application areas for the
wearable technology range from consumer durables and healthcare to enterprise,
industrial, and so on. In effect, with the development in the technology, it is
expected to have application in new verticals and increased applications in the
existing verticals such as medical surgery.
According to
Research and Markets, the key factors contributing
to the growth of the wearable technology market include consumer preference for
sophisticated gadgets, increasing growth prospects for next-generation displays
in wearable devices, growing popularity of the Internet of Things (IoT) and
connected devices, increase in demand for wearable fitness and medical devices,
and development of key enabling technologies.