Oculus

M2M and IoT market research provider, Berg Insight, has released new findings about the connected wearables market. Shipments of connected wearables reached 116.8 million worldwide in 2018.

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Wearable Artificial Intelligence (AI) Market will reach US$180 billion (€160 billion) by 2025.

CCS Insight‘s latest global forecast for virtual reality (VR) and augmented reality (AR) devices reflects the relatively slow start to this nascent market.

Global sales of dedicated virtual reality (VR) headsets will grow to 21 million units by 2020 — a tenfold increase over 2016.

IoT Now salutes the industry pundits who are avoiding safe predictions for 2016. Machina Research is one that states, “there is little point in doing these kinds of predictions if you’re not going to be outspoken and take a few risks.”