Wearable Technology

Virtual, augmented and mixed reality products have continued to receive high levels of funding and investment during the 2010 decade. IDTechEx predicts that this technology will grow to over $30bn by 2030. This article aims to explain the growth in demand behind this exciting technology.

At IDTechEx, we cover emerging technologies and industry trends, and the COVID-19 pandemic has had a direct or indirect impact on all of them. In this article we will describe some of the key roles that these technologies have played in 2020.

Virtual reality has already had a major impact in a range of different industries. IDTechEx predicts in its recent market research report that this technology will grow to $8Bn by 2030.

Thursday 3 December (includes Q&A session) - Printed/flexible electronics is a constantly evolving area with extensive scope for innovation. In this webinar, Dr Matthew Dyson will discuss four technical innovations learned about in 2020.

The wearable technology market was worth nearly $70bn in 2019, having doubled in size since 2014. Sensors have provided the core features for many of these different products throughout this rise, and they will continue to be critical into future generations of products.

Thursday 12 November 2020 - Emerging Applications for Printed/Flexible Electronics. This webinar includes a Q&A session. Emerging applications that will be discussed in the webinar include: Electronic skin patches; Building integrated electronics; and Sticker electronics.

The first electric hearing aid was created in 1898, and was arguably among the earliest examples of wearable tech. So it's fitting that, more than a century later, on- and in-ear technology is once again leading the way - this time as hearables, a sector now poised for substantial growth.

The newest toy for dogs is a high-tech augmented reality headset.

The wearable sensor industry will be worth $2.5 billion in 2020, having tripled in size since 2014. This comes despite the significant economic challenges presented by the COVID-19 pandemic, which has caused a reduction in the total revenue this year.

IDTechEx forecasts that flexible electronics in cardiac monitoring, deployed in electronic skin patches and electronic textiles, will be a $2 billion market in the year 2030.