The Middle East region is witnessing an exceptional shift within its core
of consumption where behaviors change at the rapid pace. People are
increasingly aware of the emerging technologies as a game changer when it comes
to improve their living, health and working conditions.
According to Research and Markets, the UAE wearable
sensors market is expected to increase to $3.97 million by 2018 at a CAGR of
41.86% over the period 2015-2020.
For those who are unfamiliar, Wearable
sensors are embedded in wearable devices to monitor corporal activities which
include inter alia: blood pressure, body temperature and heart rate.
Wearable Sensors enable remote data access and the market
dynamics include:
·
the rising awareness around the vital role of this technology;
·
The falling price of the components used to manufacture the wearable
sensors is making the wearable devices affordable;
·
The maturation of smartphones and tablets,
·
The Introduction of smart watches also
boosts this market,
In the UAE, once can observe
that, Wrist wear segment holds the majority of the market share with various
application sectors such as wearable technology for fitness, healthcare and
security is driving the UAE wearable sensors market to grow lucratively.