Mind Commerce Report Forecasts Growth of Enterprise Wearable Augmented Reality Market
Analysts continue to slice and dice the wearable technology market in new and interesting ways. This new report on wearable technology published by Mind Commerce predicts that the early adopters are emerging in the garment, healthcare, sports and fitness industries. Mind Commerce estimates that global spending on wearable devices will grow from $9 B in 2014 to $218 B in 2019. Presumably hardware for enterprise Augmented Reality is a subset of this spending. What makes this report potentially interesting for readers of the AREA news is the study of the impact of Body Area Network standards on wearable technology, the barriers that network coverage present and the number of vendors that the researchers studied in preparation of the report.