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Entry of Software, Hardware, and Insurance Companies to Change Sensor Landscape in Wearable Electronics
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This study discusses the critical role of sensors in wearable electronics. Ten different types of sensors have been discussed. This number is expected to increase to accommodate more sensing functionalities in wearable devices. However, the scope of this research is much wider as a number of significant trends are discussed, related not only to sensors, but also to sensor platforms, sensor fusion, and sensor algorithms. In the wearable electronics market, sensor platforms are expected to play a significant role for wearable device manufacturers, such as Nike and Fitbit, to test their options before launching a product. In addition, the entry of a number of hardware and software giants, such as Microsoft and Intel, is expected to change the wearables’ ecosystem and existing business models, and correspondingly the sensors that go inside the devices. In addition, wearable device penetration is expected to pave the way for the Internet of Everything.
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