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According to classroom wearables technology market report, the market in the US will grow profoundly at a CAGR of nearly 46% by 2020. Wearable devices come in a wide array of shapes and sizes and have completely changed the way data is communicated, collected, and analyzed. In the US, factors such as the mass adoption of technological innovations like tablets and learning management systems (LMSs) by educational institutions will facilitate the penetration of wearable technology in classrooms. As an educational tool, wearable technology provides opportunities for students to enhance their learning and creative skills. Technologies like the Oculus Rift, which is a virtual reality device, helps students and teachers to get involved in experiential learning. Since these technologies help students to enhance their overall learning experience, their demand among end users in the educational sector will increase significantly over the next few years.
An important trend that will impel the prospects for growth in this market is the decreasing prices of wearable devices. Recently, it has been observed that the cost per function of ICs has been declining rapidly. This reduction in the cost of ICs has had a positive impact on the global system on chip (SoC) market, which in turn has reduced the price of wearable devices. This significant decline in the prices of wearable devices will augment its adoption rate among education institutions, which typically buy devices in bulk quantities.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-user
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Other prominent vendors
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
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