Tuesday, 30 January 2018

Wearables Wear Down The Barriers

In a week when Swiss Watch Manufacturers reported their lowest exports in the last 10 years of Quartz based watches, Apple has stolen their slot in market share.

Statista reports that there were 453 million connected wearable devises worldwide in 2017 and expects this figure to rise to 593 million. This is significant as it shows that mass adoption is inevitable, even if people are still trying to work out what to do with a smart watch, the dominant wearable device.

Also, wearable technology is rapidly moving into the work place to provide safety benefits to workers in factories and hazardous conditions.

Overall, this looks like the market for mobile phones around 2000 to 2002, its poised to explode.

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