Wearable Technology Market to reach USD 35.48 bn by 2024, Alphabet Inc. and Apple Inc. emerge as Key Contributors to growth

Technavio has been monitoring the wearable technology market and it is poised to grow by $ 35.48 bn during 2020-2024, progressing at a CAGR of over 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005187/en/

Technavio has announced its latest market research report titled Global Wearable Technology Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

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$2.3 Billion Microphone Market – Global Forecast to 2025: Escalated Demand for Modern Microphones for Use in Smart Wearable Devices

DUBLIN, Oct. 12, 2020 /PRNewswire/ — The “Microphone Market with COVID-19 Impact by Technology (MEMS, Electret, Other), by MEMS Type, by Communication Technology, by Application (Automotive, Consumer Electronics, Industrial, Medical, and Sensing), & by Geography – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The microphone market was valued at USD 1.8 billion in 2019 and is projected to reach USD 2.3 billion by 2025; it is expected to grow at a CAGR of 7.9% from 2020 to 2025.

Traditionally, all major applications such as consumer electronics, automotive, industrial, and medical involved the use of electret microphones (ECMs). However, with time, micro-electro-mechanical systems (MEMS) technology has become quite popular. It is used to create miniaturized integrated devices that combine mechanical and electrical elements.

The size of MEMS devices generally ranges from a few micrometers to millimeters, based on their applications. The fabrication process of MEMS devices

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8 wearable tech companies Google could buy that aren’t Fitbit

  • Google’s deal to buy Fitbit is on the ropes. Despite making concessions to appease regulators, competitors say it’s not enough.
  • But Fitbit isn’t the only wearable tech company that could help Google take the fight to Apple.
  • We asked analysts to pick out some other companies Google could potentially acquire if the Fitbit deal doesn’t go through – or even if it does.
  • Visit Business Insider’s homepage for more stories.

We’re approaching a year since Google declared its plan to acquire wearables company Fitbit for $2.1 billion, and the deal still hasn’t closed. 

The acquisition has been under intense scrutiny around the world, and right now European regulators are digging deep into the deal. Earlier this week it was reported that the merger could be close to clearing after Google offered some concessions to regulators, but Reuters now reports that rivals say these aren’t enough.

Google showed us this week

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Southampton Chair in Emerging Technologies targets invisible and ubiquitous wearable technologies | Electronics and Computer Science

Published: 2 October 2020

Professor Steve Beeby is one of the world’s foremost experts on electronic textiles and energy harvesting

Professor Steve Beeby from the University of Southampton has been awarded a prestigious Chair in Emerging Technologies to pioneer reliable e-textile systems that are invisible to the wearer.

The Electronics and Computer Science professor is one of just eight UK-based researchers to share £22 million of funding from the Royal Academy of Engineering.

The research will exploit printed active materials, flexible circuit technologies and textile engineering to integrate sensing, electronic and energy harvesting/storage functionality within a single textile.

Professor Beeby, Head of the Smart Electronic Materials and Systems (SEMS) group, says: “We all come into contact with textiles every day of our lives – in our clothes, inside our homes and in our cars – which makes fabrics an ideal platform technology that can, for example, monitor our

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Wearable exosuit that lessens muscle fatigue could redesign the future of work — ScienceDaily

Vanderbilt University engineers have determined that their back-assist exosuit, a clothing-like device that supports human movement and posture, can reduce fatigue by an average of 29-47 percent in lower back muscles. The exosuit’s functionality presents a promising new development for individuals who work in physically demanding fields and are at risk for back pain, including medical professionals and frontline workers.

The article describing the experiment and findings, “Low-Profile Elastic Exosuit Reduces Back Muscle Fatigue,” was published in the Nature journal Scientific Reports on September 29.

The research, led by Assistant Professor of Mechanical Engineering Karl Zelik and recent Ph.D. graduate and primary author Erik Lamers, used surface electromyography techniques to measure changes in low back muscle fatigue in male and female participants, who were given physical tasks to perform both with and without the exosuit.

The wearable technology developed by Zelik’s team may conjure images of Iron Man’s suit, but

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Vanderbilt wearable exosuit that lessens muscle fatigue could redesign the future of work

Vanderbilt University engineers have determined that their back-assist exosuit, a clothing-like device that supports human movement and posture, can reduce fatigue by an average of 29-47 percent in lower back muscles. The exosuit’s functionality presents a promising new development for individuals who work in physically demanding fields and are at risk for back pain, including medical professionals and frontline workers.

The article describing the experiment and findings, “Low-Profile Elastic Exosuit Reduces Back Muscle Fatigue,” was published in the Nature journal Scientific Reports on September 29.

The research, led by Assistant Professor of Mechanical Engineering Karl Zelik and recent Ph.D. graduate and primary author Erik Lamers, used surface electromyography techniques to measure changes in low back muscle fatigue in male and female participants, who were given physical tasks to perform both with and without the exosuit.

The wearable technology developed by Zelik’s team may conjure images of Iron Man’s

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Wearable shipments spike by 60 million for 2020 despite COVID-19 lockdowns, IDC says

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More people are buying wearables in 2020.


Érika García / CNET

Wearables are primed to hit almost 400 million shipments in 2020, IDC said Friday. According to the analyst firm, the top-selling wearable category globally is now hearables like wireless headphones and earphones. The rise in wearables shipments comes despite most of the world stuck at home amid the spread of COVID-19 — around 60 million more wearables are forecast to be shipped in 2020 than were shipped in 2019.

IDC predicts 234 million shipments of hearables for 2020, compared with 91 million smartwatches and 68 million other smart wrist bands.

“Even though vendors scaled down production and end users were quarantined, demand for wearables remained steady,” IDC said. “The market was propelled by near-record demand for hearables.”

IDC added

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Wearable Technology Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 25, 2020 (Market Insight Reports) —
Selbyville, Delaware MarketStudyReport.com Adds New Report about Global Wearable Technology Market to its database. This research covers the market landscape and its growth prospects over the coming years. The global Wearable Technology market is valued at 27830 million US$ in 2020 is expected to reach 50530 million US$ by the end of 2026, growing at a CAGR of 8.8% during 2021-2026.

Wearable technology, wearables, fashionable technology, wearable devices, tech togs, or fashion electronics are smart electronic devices (electronic device with micro-controllers) that can be incorporated into clothing or worn on the body as implants or accessories. One of the most important factors is technological innovations and advancements, which led to the introduction of new products.

Request a sample Report of Wearable Technology Market at: https://www.marketstudyreport.com/request-a-sample/2482932?utm_source=Marketwatch.com&utm_medium=Ram

Coverage of the Wearable Technology

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