Juniper’s latest report has revealed that hardware and service revenues from app-enabled smart wireless accessories will exceed $23 billion in 2018, compared to $2 billion this year. The key areas driving this growth will be fitness, health, Consumer Electronics (CE), payments and enterprise devices.
This revenue growth will be propelled by four key elements:
- An increase in the adoption of the ‘software as a service’ proposition.
- The development of additional services delivered within the app.
- The emergence of a ‘freemium’ model in fitness and healthcare wearables.
- The rise of payment transaction revenues.
The report, ‘Smart Wireless Accessories: CE, Fitness, Health, Payments & Enterprise 2013-2018’ found that several business models exist within the smart wireless accessories market, defined to some extent by the segments to which they belong. The development of a robust environment for the creation of peripheral based business models will affect how revenue is generated within the market along with technology standards and regulations playing their part, especially with regard to payments and healthcare accessories.
Author Nitin Bhas added the following:
“The wireless accessory ecosystem is still developing and will evolve over the next five years to become a reality for a much broader audience”.
Other Key Findings Include:
- Smart wireless accessory shipments forecast to approach 170 million by 2018.
- A multi-channel strategy is essential to gain traction in the race to secure a place in this new market.
Take a look at this report and see where this category is going in the next few years. It’s a very interesting read.
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This entry was posted on September 11, 2013 at 8:26 am and is filed under Commentary with tags Juniper. You can follow any responses to this entry through the RSS 2.0 feed.
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App-enabled Smart Wireless Accessories To Generate Hardware & Service Revenues Of Over $23 Billion By 2018: Juniper
Juniper’s latest report has revealed that hardware and service revenues from app-enabled smart wireless accessories will exceed $23 billion in 2018, compared to $2 billion this year. The key areas driving this growth will be fitness, health, Consumer Electronics (CE), payments and enterprise devices.
This revenue growth will be propelled by four key elements:
The report, ‘Smart Wireless Accessories: CE, Fitness, Health, Payments & Enterprise 2013-2018’ found that several business models exist within the smart wireless accessories market, defined to some extent by the segments to which they belong. The development of a robust environment for the creation of peripheral based business models will affect how revenue is generated within the market along with technology standards and regulations playing their part, especially with regard to payments and healthcare accessories.
Author Nitin Bhas added the following:
“The wireless accessory ecosystem is still developing and will evolve over the next five years to become a reality for a much broader audience”.
Other Key Findings Include:
Take a look at this report and see where this category is going in the next few years. It’s a very interesting read.
Share this:
Like this:
Related
This entry was posted on September 11, 2013 at 8:26 am and is filed under Commentary with tags Juniper. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.