Smart wearables market to generate N9trn by 2019 -Report

The market will be driven by an increase in sales of premium smart watches and smart glasses over the next five years, according to the research company.The extensive new report – Smart Wearable Devices: Fitness, Glasses, Watches, Multimedia, Clothing, Jewellery, Healthcare & Enterprise 2014-2019 –  asserts that the recent entry of key industry players within […]

Smart wearables market to generate N9trn by 2019 -Report
Smart wearables market to generate N9trn by 2019 -Report

The market will be driven by an increase in sales of premium smart watches and smart glasses over the next five years, according to the research company.
The extensive new report – Smart Wearable Devices: Fitness, Glasses, Watches, Multimedia, Clothing, Jewellery, Healthcare & Enterprise 2014-2019 –  asserts that the recent entry of key industry players within the wearables sector has helped fuel an explosion of new devices in this increasingly crowded market.
However, it argues that vendors still need to get over the ‘technology first’ attitude and think in terms of consumer benefits for an increased product adoption.
The research observed that consumers are still unsure about the use for many wearable devices, including watches and glasses. In particular, consumers are hesitant to adopt wearable companion devices with functionality that is very similar to that of smartphones.