But Money Morning Director of Tech & Venture Capital Michael A. Robinson says that when you add in the applications of the healthcare and medical fields, you can add another $2 trillion to the market's size.
The "wearapeutics" and digital healthcare marketplace in 2015 was worth roughly $5.7 billion, according to IoT research company Parks Associates. But in 10 years, the segment is projected to hit $97 billion. That's annual growth of 33% for an entire decade.
From the article "One Of The Best Investments Today In The $1 Trillion IoT Market" by Diane Alter.
The vast majority of fitness tracker and smartwatch owners in the United States use their wearables on a daily basis, according to the latest study from Parks Associates. Approximately 68-percent of f...
Earlier this year, a report from digital health analyst Parks Associates found that 27 percent of people with a chronic condition want a mobile health device that tracks their health, but a significan...
In addition, the device's interoperability will be important. According to a recent study by Parks Associates and reported in Retail Dive, 75% of consumers who plan to buy a smart home device believe...
“Sleep-tracking features of smartwatches and fitness trackers are raising consumer awareness about lack of sleep. 42pc of consumers in US broadband households are concerned their health will worsen du...
