full-body activity trackers. In a recent report, they estimated that $475 million in wearable technology was sold between July 2013 and July 2014 (Edelson, 2014). Ben Arnold, a senior analyst for the NPD Group, thinks the sky is the limit for this product category. “I expect the market to double in size in the next 12 months given the interest from consumers, the number of companies entering the space, and the fact that Apple and Google have yet to release hardware into the consumer market. Big venture capital funds are seeing the potential for the appeal of these products and for these technologies at some time to become indispensable to people. They’re trying to tap into that.” (Edelson, 2014)
For wearable’s to work, manufacturers have to start producing sensors and chips small enough to fit into the products. That is why Intel is jumping on this bandwagon. They shelled out millions by purchasing Basis, a fitness watchmaker, to help develop new products. The first product is a smart audio headset that can coach you and provide diffe...
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