Wearable sensors market forecast to swell

Wearable Devices

Wearable sensors market is expected to grow from US$0.563 billion in 2015 to US$4.149 billion in 2021, Research and Markets said.

The compound annual growth rate is 39.50 percent over the forecast period.

The research firm said an increase in demand due to advancement in sensor technologies, multiple channels of wireless communication and longer battery life of the wearables would underpin growth.

Moreover, personalized and remote health monitoring has also impacted the demand. Healthcare sector make use of these sensors for monitoring heart rate, pulse, body temperature, calories burnt among various other parameters.