‘Flywheel of Invention’ to ‘Spin Faster’ on Wearables: IDC Analyst
Wearable devices by 2025 will be “directly credited” with saving more than 150,000 lives globally a year, “as more consumers adopt the technology to guide their fitness and health journeys,” predicted Tom Mainelli, IDC group vice president-devices and consumer research,…
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on a webinar Tuesday on future consumer tech trends. “Wearables continue to evolve to include new capabilities,” including electrocardiography, plus measuring heart rate, blood pressure and blood oxygen, he said, “All these new features really are a catalyst to a new world of hyper-personalized preventive healthcare.” IDC sees this as “a long-term trend,” creating “stickiness” for wearables vendors, plus “the software and services that can run on that wearable,” he said. “To play in this space, players are going to have to manage privacy and security of large data sets,” said Mainelli. “Over time, as wearables prove their worth to more users, we think the flywheel of invention will spin faster, so more wearables, more companies, will enter the wearables space.”