D6.3 - Wearable Electronics: Market & Technology analysis
- AMA Conferences 2015
2015-05-19 - 2015-05-21
- Proceedings SENSOR 2015
- D6 - Sensor Electronic
- B. Roussel, G. Girardin - Yole Developpement, Villeurbanne (France)
- 618 - 620
More than 10 millions units of wearable devices were sold during the year 2014, but this number is rather low if we consider the total addressable market (TAM). These unbacked products seem to have a great but clearly under-exploited potential. In the future, several dozen of millions of units are expected, but to that end, not only is a mature technology mandatory, but market drivers as well as the most relevant applications need to be identified. Furthermore, a successful product must be part of a strong software ecosystem because a successful wearable device will need to interact with both environment and human, all of this with a seamless technology. This is the first step toward humans and the technology fusion. At the end, the real questions are, which segment is the most profitable, who will provide the seamless technology, the best business model and where the value can be found?