Both companies seek to make a splash in the
nascent wearable technology market, which IMS, the market research arm of IHS, predicts will be worth at least $ 6 billion by 2016.
Android has made an interesting move into
the wearable technology market.
The British market observer believes that
the wearable technology market will grow to $ 80 billion by 2020 — and the key will be making the connected gadgets virtually indistinguishable from their disconnected peers.
A small U.S. company called Vuzix hopes a partnership with Lenovo will help it make a big splash in China's
wearable technology market.
David adds that
the wearable technology market is a billion - dollar industry, so even if it nabs a portion of that, Garmin make a lot of money.
Such is tech's foothold in fashion that some analysts predict
the wearable technology market will be worth $ 34 billion by 2020.
It doesn't take much imagination to see this trend continuing, some have even predicted that
the wearable technology market will approach $ 6 billion in 2016.
Online Personals Watch editor Mark Brooks has already launched a new business focused on
the wearable technology market, and a strategy consultancy firm around wearables, called Kotari.
Basis Science is a health watch / fitness monitor firm and provides exposure to
the wearable technology market.
Microsoft has already entered
the wearable technology market, and is looking to use this as a foundation for further success and innovative product development in 2015.
It wasn't a real shock considering the beta has been available for some time and anyone who follows Android or
the wearable technology market is aware of such products as the Moto 360 and the LG G Watch.
A survey from The Insight Partners showed that
the wearable technology market is about to bloom to more than $ 170 billion by 2025.
We are set for an exciting few years in
the wearable technology market.
Chou is evasive on when HTC might try to make a smartwatch again, though he tells the FT that
the wearable technology market — though «a critical segment» for HTC — is still in its early stages and it may be premature for the company to make inroads into the market.