Update Papers: WEARABLE TECHNOLOGY
- The “Next Big Thing” in the digital sector: In 2013, the Wearable Technology (WT) industry will generate global revenues in the amount of USD 2.5 billion.
- By 2018, the market is expected to increase more than five-fold.
- Apple, Google, Nike and Sony are the current key players which are further developing this market.
WT comprises all technical end devices in the form of clothing and accessories. The central function is the recording and processing of data related to its user.