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Wearable Technology involves body worn electronics that can perform various functionalities such as sensing, communicating, and computing. Wearables’ is the result of convergence of various technologies in sensors, microelectronics, and ICT. Wearable technology impacts the lives of millions of people who are adopting this technology primarily to improve their lifestyles by monitoring health and fitness. However, the application scope of wearables is not only limited to fitness tracking. Wearable technology is still in the emerging phase and it is important to understand how the technology will evolve in the next 5-10 years and the key opportunities presented by the technology.This Research Service includes the following with regards to wearable technology: Funding trends, IP activity, Transformation potential of enabling technologies, Innovation ecosystem, application overview with futuristic outlook, strategic insights including impact of megatrends and potential interaction with TechVision top 50 technologies and emerging business models that can be adopted by companies.
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