Demand for seamless connection to the Internet of Things will drive wearable shipments to double by 2020, says a new Frost & Sullivan report prepared in collaboration with GITEX Technology Week.
Use cases include constant health and fitness updates, real-time transport tracking, and augmented reality enhancing construction sites and factory floors in manufacturing.
“Smart wearables will rapidly advance in technology to replace smartphones by 2020, and provide a gateway for seamless citizen interaction with the Internet of Things and Smart Cities,” said Robert Scoble, a Silicon Valley insider speaking at GITEX Technology Week 2016.
GITEX speakers addressing wearables will include Rafael Grossmann, the first surgeon to live-stream surgery with Google Glass, Shahid Azim, Co-Founder of medical wearables startup Quanttus, and Jonathan Reichental, CIO of Palo Alto, on the future of Smart Cities.
Smart watches will dominate, accounting for more than 50 per cent of wearable shipments by 2020. Shipments of smart watches will grow by 69 per cent annually to 2020, with revenue accelerating faster than sales at 78 per cent annually, according to Frost & Sullivan.
“Dubai aims to be one of the world’s smartest cities, and wearable innovators will look to the city for how wearables can fully realise the potential of the Internet of Things. GITEX will be a showcase for how seamless connectivity can transform daily lives – across mobile operators, wearable developers, and startups,” said Trixie LohMirmand, Senior Vice-President, Exhibitions and Events Management, Dubai World Trade Centre.
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