European Wearable Technology Market Description at:
An Introduction to Wearable Technology
Also known as wearables, fashion electronics, or wearable devices,
the different types of wearable technology that we are about to see
in the market are poised to make a big difference. Most of the goods
in the wearable technology market are built with either practicality
or aesthetics in mind, or even a mixture of both. The earliest known
example of wearable technology was the calculator watch of the 1980s.
Visionaries have since attempted to perfect the use of technology
into shapes and forms that are not only mobile, but also involve
ubiquitous computing. Most science fiction movies portray the use of
hidden gadgetry in espionage situations such as a microphone in a
ring or a tie. Currently, Twitter users can make the use of Pocket
Tweet that simply let one “wear” a tweet of their choice. From
the much-hyped Google Glass to the formation of the Wearable
Technology in Healthcare Society, the wearable technology market is
here to change the way we work
While advances in material sciences in Europe have helped achieve
unprecedented compactness in wearable devices, their adoption has
received a boost because of their increasingly easy-to-use features.
he development of wearables for healthcare and fitness applications
is a key opportunity that hitherto remains comparatively unexploited.
By focusing on this opportunity, companies in the Europe wearable
technology market can mitigate the negative impact of market
restraints to some extent. Although the market for wearables
continues to gallop ahead, battery technology is yet to catch up.
This limits the availability of a satisfactory power source for
wearable gadgets. Thus, till the time battery technology lags behind,
the wearable technology market will lose out on some growth
opportunities.
European Wearable Technology: Download a Copy of Facts behind it
at: http://bit.ly/1UvZ7Ii
Technological innovations are being introduced through various
channels, which has led to increased adoption of wearable devices in
the country. In the U.K., the Wearable Technology Show held in London
in 2014 witnessed innovative products such as Optinvent Ora – an
alternative to Google Glass, and smart clothing in the form of body
armor. The report mentions that the U.K. market for wearable devices
will grow at a CAGR of 41.8% during the forecast horizon. Countries
such as Denmark, Sweden, and Norway are also expected to grow rapidly
in the European wearable technology market.Some of the key players in
the wearable technology market are Microsoft, Nike, Samsung, Google
Inc., Sony, and Adidas.
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