BWW Geeks World

ABI Predicts Wearable Computing Devices, Like Apple's iWatch, Will Exceed 485 Million Annual Shipments by 2018

Related: Apple, iWatch, Wearable Computing, News
ABI Predicts Wearable Computing Devices, Like Apple's iWatch, Will Exceed 485 Million Annual Shipments by 2018

Wearable computing devices are projected to explode in popularity over the next year and with a wave of new gadgets set to hit the consumer market, could soon become the norm for most people within five years. ABI Research forecasts the wearable computing device market will grow to 485 million annual device shipments by 2018.

Currently, sports and activity trackers account for the largest chunk of wearable technologies shipped today. Smart activity trackers are widely available, and the device's trendy and stylish appearance makes them very popular with a broad range of customers. It is estimated 61% of the wearable technologies market is attributed to sport/activity trackers in 2013. Smartphone compatible watches are beginning to emerge, and rumors have materialized regarding Apple releasing a smart watch some time this year. Furthermore, we will see the arrival of the much anticipated, smart glasses later this year.

"The furor about wearable technologies, particularly smart watches and smart glasses is unsurprising," says Josh Flood, senior analyst at ABI Research. Both technologies are very stimulating and some of the applications for the device are rather inspiring. "Apple's curved glass-based watch could prove to be a revelation in the wearable technologies market. The major question is whether the digital time piece will act as a complimentary device to the company's iPhone smartphones or as a standalone product with other functionalities like health or activity tracking capabilities."

Additionally, smart watches offer extra usages for an item most people already own and commonly purchase. It may become universally expected for watches to include this functionality as feature in the future. Furthermore, the capabilities of smart watches could lead to the device being used as a wearable remote for home automation systems. A quick shake of your wrist to turn off/on room lights would be a very convenient tool.

ABI's latest "Wearable Computing Technologies" report analyzes and provides forecasts for wearable cameras, smart clothing, smart glasses, healthcare, activity trackers, 3D motion sensors, and smartphone compatible watches. Regional device shipments and some extra segment splits are also included in the report. It forms part of ABI Research's Mobile Device Technologies (http://www.abiresearch.com/research/service/mobile-device-enabling-technologies/) Research Service.

SOURCE: BUSINESS WIRE ©2014 Business Wire

GEEKS VIDEOS

STAGE TUBE: First Look at Second Episode of Telltale's GAME OF THRONESSTAGE TUBE: First Look at Second Episode of Telltale's GAME OF THRONES VIDEO: Watch President Obama's 2015 State of the Union Speech - LIVE!VIDEO: Watch President Obama's 2015 State of the Union Speech - LIVE! Video: YouTube Stars to Interview President Obama - And You Can Too!Video: YouTube Stars to Interview President Obama - And You Can Too! VIDEO: ELLEN Responds to Accusations of Having 'Gay Agenda'VIDEO: ELLEN Responds to Accusations of Having 'Gay Agenda' VIDEO: Google Jumping More into Education with Google ClassroomVIDEO: Google Jumping More into Education with Google Classroom VIDEO: Nintendo Shows Off New Nintendo 3DS XLVIDEO: Nintendo Shows Off New Nintendo 3DS XL VIDEO: Space Ship? No. D-Link Unveils ULTRA Performance Series of 11AC RoutersVIDEO: Space Ship? No. D-Link Unveils ULTRA Performance Series of 11AC Routers Video: D-Link Launches Industry's First Gigabit PowerLine Kits with MIMOVideo: D-Link Launches Industry's First Gigabit PowerLine Kits with MIMO VIDEO: LaCie Unveils Mirror Portable Hard Drive; Encased in Glass & Designed for LooksVIDEO: LaCie Unveils Mirror Portable Hard Drive; Encased in Glass & Designed for Looks VIDEO: Sneak Peek at the Angry Birds Christmas Special SANTAMENTAL MEVIDEO: Sneak Peek at the Angry Birds Christmas Special SANTAMENTAL ME STAGE TUBE: Samsung Canada Celebrates Launch of the NX1 with Short Film Starring Joseph Gordon LevittSTAGE TUBE: Samsung Canada Celebrates Launch of the NX1 with Short Film Starring Joseph Gordon Levitt VIDEO: Aidy Bryant Reaches 10,000 Tweets from Cut Sketch from Last Week's SNL; Watch Below!VIDEO: Aidy Bryant Reaches 10,000 Tweets from Cut Sketch from Last Week's SNL; Watch Below! Fully Restored Video: Craigslist 1996 Nissan Maxima CompletedFully Restored Video: Craigslist 1996 Nissan Maxima Completed VIDEO: CONAN Meets Digitzed Kevin Spacey in 'Call Of Duty: Advanced Warfare'VIDEO: CONAN Meets Digitzed Kevin Spacey in 'Call Of Duty: Advanced Warfare' VIDEO: It's Here! Starwood's Keyless Entry Launches Today!VIDEO: It's Here! Starwood's Keyless Entry Launches Today! New Video: Immigration Enforcement Needed to Counter Criminal and Terrorist ThreatsNew Video: Immigration Enforcement Needed to Counter Criminal and Terrorist Threats

Subscribe for News & Specials