It's time to Think Like An Investor!
In this activity, we want you to shift gears and consider investment opportunities in the education wearable space. The wearable market is hot with billions in sales projected but proceed cautiously, "The quantified self and tracking our health is a major driver in the wearable space." but little else has surfaced. PandoDaily
Will 2014 be the breakout year for wearables? Is the market ready for "Learning Wearables"?
In this activity, we want you to shift gears and consider investment opportunities in the education wearable space. The wearable market is hot with billions in sales projected but proceed cautiously, "The quantified self and tracking our health is a major driver in the wearable space." but little else has surfaced. PandoDaily
Will 2014 be the breakout year for wearables? Is the market ready for "Learning Wearables"?
Resources:
The following resources will help support your decision making:
1) Who Benefits from the Wearable Tech Boom in 2014
2) Why Foxconn is Funding Wearable Tech Incubator
3) Intel Capital Invests in Wearable Tech Maker Recon Instruments
Caution:
"Rock Health spent 15 months looking at the sector which, as it points out, will be worth anywhere between five and fifty billion dollars by 2018, going by any of the nine major pieces of research conducted recently. Despite the big talk, the activity tracker market is the only wearables space to have any penetration of note, with a still measly one to two percent market share. Fitbit, Jawbone and Nike’s bands account for 97 percent of sales, and 80 percent of people stop using an activity tracker after six months, according to Rock Health’s estimates.
We’ve a long way to go until the promised land. Nike fired its Fuelband team. Nobody likes smart watches. The form that wearable technology will take in our future is up for debate. It used to be considered as a post-mobile replacement. Now who knows? Somebody needs to make a product people want to buy before any more bold proclamations are set down."
Read entire article
Possibilities:
"The next big revolution in consumer tech won’t go in your pocket or sit on your desk. You’ll be wearing it.
Credit Suisse IT Hardware Analyst Kulbinder Garcha predicts that the market for wearable technology will increase tenfold to as much as $50 billion over the next three to five years. Google Glass, the anticipated Apple smart watch and popular wristbands that track athletic activity show that consumers are already intrigued by wearable devices. But the technology’s true potential lies in its ability to gather streams of currently uncollected data about a subject most of us are happy to explore in great depth: ourselves."
Read entire article
Overview of the Market
This report is specifically in the "biosensing" wearable market but it is a comprehensive report on the state of wearables and will help inform your decision.
Read the report
The following resources will help support your decision making:
1) Who Benefits from the Wearable Tech Boom in 2014
2) Why Foxconn is Funding Wearable Tech Incubator
3) Intel Capital Invests in Wearable Tech Maker Recon Instruments
Caution:
"Rock Health spent 15 months looking at the sector which, as it points out, will be worth anywhere between five and fifty billion dollars by 2018, going by any of the nine major pieces of research conducted recently. Despite the big talk, the activity tracker market is the only wearables space to have any penetration of note, with a still measly one to two percent market share. Fitbit, Jawbone and Nike’s bands account for 97 percent of sales, and 80 percent of people stop using an activity tracker after six months, according to Rock Health’s estimates.
We’ve a long way to go until the promised land. Nike fired its Fuelband team. Nobody likes smart watches. The form that wearable technology will take in our future is up for debate. It used to be considered as a post-mobile replacement. Now who knows? Somebody needs to make a product people want to buy before any more bold proclamations are set down."
Read entire article
Possibilities:
"The next big revolution in consumer tech won’t go in your pocket or sit on your desk. You’ll be wearing it.
Credit Suisse IT Hardware Analyst Kulbinder Garcha predicts that the market for wearable technology will increase tenfold to as much as $50 billion over the next three to five years. Google Glass, the anticipated Apple smart watch and popular wristbands that track athletic activity show that consumers are already intrigued by wearable devices. But the technology’s true potential lies in its ability to gather streams of currently uncollected data about a subject most of us are happy to explore in great depth: ourselves."
Read entire article
Overview of the Market
This report is specifically in the "biosensing" wearable market but it is a comprehensive report on the state of wearables and will help inform your decision.
Read the report
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