Albany, NY -- (SBWIRE) -- 04/10/2014 -- Wearable technology mainly concerns devices and apparel/textiles. Glasses, jewellery, headgear, belts, armwear, wristwear, legwear, footwear, skin patches, exoskeletons and e-textiles are involved and the device business is already large. As the wearable electronics business powers from over $14 billion in 2014 to over $70 billion in 2024, the dominant sector will remain the healthcare sector which merges medical, fitness and wellness.

View Full Report with TOC at: http://www.researchmoz.us/wearable-technology-2014-2024-technologies-markets-forecasts-report.html

By the end of the coming decade, advanced informatics as wearable electronics will match that healthcare market, with Google Glass and the best e-wristbands being among the most promising devices so far promising billion dollar sales potential. However, truly disruptive new technology, in the form of e-textiles, will also begin to establish major sales in a few years' time and fashion, industrial, commercial and military applications will burgeon as a consequence. On the other hand, wearable infotainment will be increasingly commoditised by China, following its commoditisation of basic electronics wristwatches and earphones.

The world's largest electronics, software, services and medical companies are among the many giants clashing horns on this so-called "new mobile phone" meaning the next potentially huge market after mobile phones, though rarely a direct replacement. Indeed, the biggest opportunity is medical/health/fitness addressing many of the biggest challenges in society today. Even software companies are saying, "hardware is the new software" because apps can now be modules or hardwired disposables and the intellectual property of the new hardware, such as sensing, energy harvesting/storing woven fibres, may be more disruptive and easily protected.

Browse More Reports related to ICT at: http://www.researchmoz.us/ict-market-reports-96.html

The huge wearable technology market is now entering a rapid growth phase. IDTechEx has examined leading indicators of future wearable technology sales such as relevant Google Trends, patent filings over the years, incidence of diabetes (treatment being a major sector of wearable technology already), cost reduction of the key enabling technologies, increase in functionality that is becoming possible and initial sales of new smart wristwear such as the Samsung watch and fitness monitors. All show that very rapid growth is in prospect.

Related Reports:-

Global and China Display Driver & Touch IC Industry Report, 2013-2014 ( http://www.researchmoz.us/global-and-china-display-driver-and-touch-ic-industry-report-2013-2014-report.html )

The most noteworthy in Driver IC industry in 2014 is the sale of Display Driver IC unit by Renesas. Since its inception, Renesas has operated in the red. In order to dig its way out of losses, the company sold some non-core assets, while its medium and small-sized Display Driver IC unit is fairly profitable. Renesas is a principal supplier of driver IC for Apple phones, but its main business comes to MCU. Broadcom, Synaptics and Novatek will be the most likely buyers.

Smart Windows Markets: 2014-2021 ( http://www.researchmoz.us/smart-windows-markets-2014-2021-report.html )

As part of the overall analysis, this report also examines the cost and technical challenges that will have to be overcome for the smart windows markets to make new products a success. In addition, this report also develops a roadmap for the next-generation smart windows technologies, especially with regard to more effective self-dimming and self-cleaning glass, as well as hybrid smart windows/BIPV glass.

About ResearchMoz
ResearchMoz ( http://www.researchmoz.us/ ) is the one stop online destination to find and buy market research reports. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. We provide the market context, competitor insight and future trends needed for strategic planning.

For More Information Kindly Contact:
Mrs.Sheela AK
Tel:+1-518-618-1030
Toll Free: 866-997-4948
Email: sales@researchmoz.us
Blog: http://marketingresearchreport.wordpress.com/