What to anticipate for Wearables this year and beyond. An overview from Christian Stammel, Creator and CEO, WT|Wearable Technologies Group

Key components for the Wearable Market:

  • Consolidation of the marketplace in 2017 at the wrist, growth price of around 20%
  • Market development in Medical and Medical care applications, ramping up even much faster in 2018
  • Strong development in participant partnership and huge interest from Oriental market gamers in the WT|Wearable Technologies Group
  • Industrial wearable applications will become an increasing number of important
  • WT/ TÜV SÜD Certification program currently taken on by significant brands

The market is going into a combination stage in the area of wrist-worn devices.
2016 saw a substantial shift in the position of the very popular wrist-worn wearables worldwide. Apple lost its ranking because of strong competition from new and already developed players. Fitbit still stays number 1 but Huami adheres to as a close 2nd and is currently an increasing star, expanding from 0 to greater than 35 million devices offered. The majority of interesting is that more than 50% of the marketplace is controlled by firms that are not rated in the top 5. “There is a big potential for upcoming stars” said Mr. Stammel in his keynote at the WT|Wearable Technologies Seminar 2017 EUROPE on February 7.

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Strong development will be seen in the Health care industry as well as the sector for smart patches is a solid as well as lasting company location. Mr. Stammel and his analysts in the Wearable Technologies Team are still persuaded that the patches alone will make up 1/3 of the overall wearable market in 2020.

Mr Stammel included, “The WT Partnership and its subscription program are expanding as well as many multinational commercial giants signed up with the program in 2016. We are expecting a growing membership base in 2017 that will bring more advancement and also task into our working teams in the complying with fields: Sports as well as Health and fitness, Medical care and also Health, Safety as well as Safety as well as Video gaming as well as Way of living. Utilize the possibility to obtain actively linked, gotten in touch with as well as informed by WT team’s professional team.”

Last yet not the very least he has actually already welcomed every person to the next WT|Wearable Technologies Conference in San Francisco on July 25-26 this year and aimed out that there are just three official global WT|Wearable Technologies Conferences. All various other wearable seminars are not connected with the WT|Wearable Technologies Group as well as are likewise not suggested by him.

ISPO MUNICH 2017 – Wearables as well as Digital Gadgets from ISPO on Vimeo.