3
WEARABLE dEVICES
RISING MARKET
Fitness Devices Smart Watches
Health Monitor
Smart Textiles
Virtual Reality Smart Glasses
7.8x
growth
51x
growth
7.8x
growth
A wearable device refers to an electronic technology incorporated in accessories that can be comfortably worn on the body.
What is a Wearable Device?
Decreasing prices of wearable devices
Growing use in the consumer and non-consumer sectors
Shortened product life cycle
Shift among consumers toward smart wearable devices.
How is it shaping the industry?
Market growth
2014-15 U.S. household ownership of fitness wearables.
120%
growth
Source: Exploring Personal Technology UPS