MRL Corporation: Textiles and Wearable Tech

Wearable tech market will triple to $74 billion by 2025

$25 billion to be invested in smart materials by 2025


http://www.wareable.com/wearable-tech/wearable-tech-market-triple-74-billion-2025-1463


The wearable tech market will rise from $24.2 billion this year to $74 billion in 2025, tripling in ten years according to a research forecast by IDTechEx.

IDTechEx has a database of 1,200 companies from around the wearable tech market and it recorded a search interest increase of ten times since the start of 2013. Not to mention $1 billion being invested in wearables in 2014 alone.

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Here in 2015, the report notes that wrist-worn devices such as smartwatches and fitness trackers are the most popular style of wearables, but says that the way forward is to look beyond the wrist and "abandon the 100 year old 'components in a box' approach".

Investing time and money into wearable sensors, e-textiles and developing "smart materials" will be a big part of wearable tech's future with materials like graphene changing everything we think we know about electronics. By 2025, the report estimates that $25 billion will be invested in the development of materials in the wearable tech market.

Back in May we covered an IHS Technology report suggesting that by 2020 there would be 101 million smartwatches globally. And earlier this week we saw Tractica estimating VR revenue alone could be $21.8 billion by 2020.

All these figures look huge next to the modest sales figures of even wearable tech's bestsellers, the Apple Watch, Fitbit trackers and Xiaomi Mi Band - but analysts are in agreement that there's a lot to play for in 2016 and beyond.

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I am sure with MRL Corporations new Partner, Imagine IM; Textiles and Wearable Tech has to be a powerful choice for Premium Priced - Low-Cost Graphene in my opinion.

Isn't this another interesting avenue for Vein and Flake Graphite!

I think Imagine IM is well positioned to Develop this in my opinion...


What do you think?

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...and all the other posters too numerous to ask for their opinion!


Is SL Vein the best suited for the Textiles and Wearable Tech Market?
Is an Off-Take agreement coming with MRL Corporation and a Textiles and Wearable Tech Manufacturer? (Talga?)
How big is Textiles and Wearable Tech going to be?




Kind Regards

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Could be 100% Wrong !!!
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