With rising miniaturization in technology and revolutionary developments in the field of wireless communication, electronics are finding increasingly new applications in the form of wearables for purposes such as monitoring, relaying, and communicating of real time data. Ongoing research in the field of wearable electronics has resulted in the development of a number of prototype devices in the fields of consumer electronics, textiles, footwear, and fashion accessories. As the array of such products continues to increase and lure today’s generation enticed by the notion of everything available as an internet-enabled, connected point-of-contact, smart connectivity device – the global smart wearable electronics market will also rise.
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The market for wearable electronics, a market featuring electronic devices that can be worn as clothes, accessories, footwear, or any other possible way – is appealing today’s consumers with interesting new products that are widening the boundaries of the digital world. While wearable electronics may be ubiquitous as of yet, the future of the market does look promising. With devices such as Google Glass and digital smart-wristwatches launched by technology giants such as Apple and Samsung, to active music instrument clothing, running shoes with sensors that can wirelessly communicate with the user’s smartphone or music player as the user runs, the market already boasts abundant examples of how interesting and appealing wearable electronics can become.
Wearable Electronics in Clothing and Medical Applications
Clothing and medical applications are undeniably two of the most promising platforms for the future of embedded communication and intelligence. The reach of smart clothing is envisaged to be far more extensive and far-reaching than just fulfilling the fashion demands. Analysts estimate that smart clothes will be able to entertain us, connect us with others, and will be integrated with health monitors that will directly integrate a user’s data with the larger medical ecosystem. The world of active and interactive clothing will capitalize on the rapid advances seen in the areas of material sciences and cloud connectivity. The ability of weaving electronic sensors, which has already been demonstrated by developers, is another development that will change clothing from passive to active, smart systems.
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In the medical field, fitness/health monitoring electronics is one of the most sought-after fields of application of wearable electronics. Applications like blood-sugar monitoring devices, blood pressure watches, or shoes with inbuilt pedometers that can eliminate the need for carrying a separate device, are getting to the point where, with the help of wireless connectivity, one can get online access to health records and even health related alerts according to the data gathered.
Global Wearable Electronics Market: Dynamics
The rising demand for such, and many other types of products, is the key driving force of the global wearable electronics market. As the world becomes more and more digitized and the concept of Internet-of-Things becomes a reality, the demand for wearable electronic gadgets with advanced features and increased level of interactivity will rise.
With increasing consumer interest in the field, many new companies, along with many technological giants are experimenting with their products in the market. Some of the key businesses operating in this highly attractive and progressive field of electronics include Apple Inc., Google Inc., Adidas AG, Infineon Technologies AG, AT & T Inc., Epson Corporation, Imprint Energy Inc., Glassup SRL, weartech S.L., Nike Inc., and Shimmer Research Inc.