New Sensor Technologies (Advanced Imaging, Chemical and Bio Sensing) Drive Opportunities for competitive advantage, finds Frost & Sullivan's TechVision team
LONDON, Nov. 22, 2016 /PRNewswire/ -- Next-generation sensors are poised to influence the smartphone and wearables market. Though increased intelligence, ease of integration, real-time integration, and miniaturization features may drive opportunities, data privacy and security remain key factors hindering widespread adoption. Advancements in sensors are creating opportunities for sensor manufactures to explore a wide range of applications enabling the research and development boom in a dynamic and fast-paced environment.
"Sensors have become sophisticated critical systems, which are not just components; they can provide mobility, connectivity, and context awareness by gathering and sharing information." said TechVision Senior Research Analyst Jabez Mendelson. "Advanced sensors will empower the Internet-of-Things and Internet-of-Everything. Next-generation sensor platforms will emerge as the key enabler of product development, innovation, and commercialization of wearable and smart devices."
Next Generation Sensors for Wearables and Smart Phones, recent analysis from Frost & Sullivan's TechVision subscription, brings out the emerging technology trends in Sensors and Instrumentation on a global scale. The insight includes a detailed strategic assessment of industry challenges and needs.
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With the integration of advanced sensors, smartphones and wearables will propel various applications across industries including:
- Military and defense: Integration of chemical sensors in wearables will aid the detection of chemical weapons, explosives, and toxic gas aiding and protecting troops;
- Industrial sector: Integration of bio chemical sensors to assist personnel subject to toxic gases;
- Environment: Monitoring and analyzing the environment in an inexpensive manner;
- Personal: Biosensors can play a vital role in providing the psychological responses and body condition of personnel in the field.
"Sensor companies are already leading the way, including: StretchSense with soft sensors that can be utilized in next generation wearables, Empatica's wearable smart watch capacity to sense physiological signals in real time, FLIR Systems's thermal imaging and other sensor technologies empowered by a smartphone and, Blocks Wearables's modular open platform architecture smart watch. These companies are addressing unmet needs and gaining a disruptive advantage by leveraging diverse opportunities in the market," stated Mendelson.
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence, and provides a variety of technology-based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision programme, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision programme is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.
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SOURCE Frost & Sullivan