Worldwide market value of wearable equipment will reach $47.4 billion in 2019

The smart technology research consultancy, on the world, recently published a research report that 5 years of global shipments of wearable equipment will reach $47.4 billion trillion, hardware equipment sales are still the largest, but monitoring services, applications, and subscription services have a higher growth rate.

In the past two years, the wearable sector has been transformed from the tip market into a "revolutionary position", says Mareca Hatler, research director at World, and there are many opportunities for wearable sensing technology, integrated cloud applications and services. Last year, he led the research team to discover 400 different wearable devices--a number that increased twice times more than the previous year. The categories are also richer: smart watches, smart glasses, consumer-grade wearable sensors, industrial-grade and enterprise-class equipment.

It is worth mentioning: in a year, the growth rate of smart watches nearly 1000%, the body with sensors is 500%.

After more than 50 manufacturers of smart watches and 12 of smart-glasses developers, on the world concluded that the two markets add up to 5 billion dollars.

In addition, on the world also listed a number of emerging wearable product categories, including: hand ring (such as Netatmo June), baby physiological signal monitoring (such as: Rest Devices, Owlet baby Care, Enmovere), Pet activities/ Position Tracker (for example: Tagg, Voyce, whistle).