"The market for next generation wearables is growing quickly as the technology is becoming more sophisticated, according to a new report from NetworkNews Wire. The report said that the global wearables market is in the end phase of long-term growth that has seen it grow from $116.2 billion in 2021 to $265.4 billion by next year. The next phase are artificial intelligence (AI)-enabled, touch-free, intuitive wearables that don't require a screen interface. Things seem to be changing and evolving rapidly."
"Other signs of progress in the wearables market are recent moves by Apple and Meta, the report said. Apple has filed for patents that involve gesture recognition and spatial computing, and Meta's Reality Labs has introduced a wearable that could replace a keyboard and mouse by using surface electromyography (sEMG) to detect electrical signals from the wrist muscles to control digital interactions."
"The report focuses on Wearable Devices Ltd. as the key player in the wearables evolution. It offers two products: the Mudra Band is an Apple Watch accessory that enables intuitive gesture control and the Mudra Link is a cross-platform solution that gives users seamless interaction across multiple ecosystems. Important players also include Vuzix (Vuzix LX1 smart glasses); Nvidia (AI and edge computing); Qualcomm (the Snapdragon W5+, Gen 2 and W5 Gen 2 wearable platforms); and Roblox (XR and metaverse ecosystems)."
Global wearables market expanded from $116.2 billion in 2021 to an expected $265.4 billion by next year. The next generation emphasizes AI-enabled, touch-free, intuitive wearables that eliminate screen interfaces. Gesture-based systems and neural interfaces are being adopted across extended reality, augmented reality, and enterprise computing, accelerating market evolution. Wearable Devices Ltd. offers Mudra Band and Mudra Link for gesture control and cross-platform interaction. Other key companies include Vuzix, Nvidia, Qualcomm, Roblox, Apple, and Meta, with innovations such as smart glasses, wearable platforms, spatial computing patents, and sEMG-based input.
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