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New Era of Self New Era of Self-Monitoring Monitoring Anand Nair, Industry Analyst, Technical Insights Sensor Technology Innovations Enabling Sensor Technology Innovations Enabling Quantified Quantified-Self Self Technical Insights © 2014 Frost & Sullivan. All rights reserved. This document contains highly confidential information and is the sole property of Frost & Sullivan. No part of it may be circulated, quoted, copied or otherwise reproduced without the written approval of Frost & Sullivan.

Sensor Technology Innovation is Enabling Quantified-Self

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Page 1: Sensor Technology Innovation is Enabling Quantified-Self

New Era of SelfNew Era of Self--MonitoringMonitoring

Anand Nair, Industry Analyst, Technical Insights

Sensor Technology Innovations Enabling Sensor Technology Innovations Enabling

QuantifiedQuantified--SelfSelf

Technical Insights

© 2014 Frost & Sullivan. All rights reserved. This document contains highly confidential information and is the sole property of

Frost & Sullivan. No part of it may be circulated, quoted, copied or otherwise reproduced without the written approval of Frost & Sullivan.

Page 2: Sensor Technology Innovation is Enabling Quantified-Self

Anand Nair

Functional Expertise

• Detailed oriented analytical and research skills which includes market and technology

analysis within the

• Automation and Electronics domain.

• Generating research service reports and technical alerts.

• Track and analyze the technological trends in nanotechnology, microelectronics and sensor

technology.

• Latest upcoming technologies and their impact on the global business scenario.

Industry Expertise

� Experience base covering broad range of sectors, leveraging long-standing working

2

� Experience base covering broad range of sectors, leveraging long-standing working

relationships with industry participants as well as university researchers.

� - Sensors

� - Microelectronics

What I bring to the Team

• Technical expertise in the field of automation & electronics.

Career Highlights

• Industry Analyst in Automation and Electronics – Technical Insights group of Frost &

Sullivan since 2013.

Education

• Masters in Business Administration from University of Ballarat, Australia.

• Bachelor in Electronics & Electrical Engineering from the University of Sunderland, UK

Anand Nair

Industry Analyst

Frost & Sullivan

Iskandar

Malaysia

Page 3: Sensor Technology Innovation is Enabling Quantified-Self

Agenda

Quantified-Self – Overview

Year of Impact : 2015 - High Adoption Potential

Megatrend Influence

Global Footprint : Technology Development and Adoption

Drivers Influencing Technology Adoption

Key Challengers in Wide-Scale Adoption

3

Key Challengers in Wide-Scale Adoption

Key Application Segments

Technology Implications on Key Markets

Market Potential: World Wearable Device Market

Convergence Scenario

Future Market Implications

Page 4: Sensor Technology Innovation is Enabling Quantified-Self

Quantified-Self - Snapshot

SignificanceOverview

� Monitoring health and wellness and increasingpreventive care will improve patient outcomes.Sensors are poised to enable this intervention andhelp manage chronic diseases and help save billionsin expenditures on healthcare.

� A positive growth of 10% was seen in the industryfor wearable technology in the health and wellnessfor the last 3 years. This is expected to continuesignificantly with the introduction of newertechnology and devices.

� Quantified-Self is an approach used to helppeople become more aware of themselves.Wearable sensors are used to capture data fromdaily activities in the aspects of inputs (food,water, air), states (happy, sad) and physicalactivities.

� The emergence of Quantified-Self is madepossible through a wide range of sensingdevices and the widespread adoption of onlinesocial networking.

4

BenefitsMarket

Impact

� Market impact to be influenced by technologicaltrends and on-line social networking dynamics.

� Wide scale adoption depend on many divergentfactors such as widespread availability ofwearable devices and successful introduction ofnew technologies

� Wearable sensors will enable people to gainknowledge and take control of their lifestyle.This will lead to an active role in improvingoverall health by the user.

� Quantified-Self allows data acquisition to beshared with doctors, leading to higher successrates in treatment.

Page 5: Sensor Technology Innovation is Enabling Quantified-Self

Year of Impact: 2015 - High Adoption Potential

2014

20152015

20162016

20182018

2015

� Wearable devices are increasingly beingintroduced by many companies in the market torealize the concept of Quantified-Self.

� Followers of the Quantified-Self movement isgaining a lot of interest among health and fitnesstrackers with growing participants around theworld.

� More and more innovative products are beinglaunched in the past 3 years by establishedOrganizations

5

2025

20202020

launched in the past 3 years by establishedcompanies as well as start-ups.

Organizations

� Google

� Pebble

� Samsung

� Sony

� Philips

� Nike+

� Withings

� Jawbone

� Fitbit

2015 and Beyond

� The wearable technology trend is exploding and themarket will potentially see wearable devices toreplace other mobile devices in the future.

� Currently, every device has its own apps and socialnetwork. In future, there will be separation incompanies handling the different types of data[social and aggregate data] from the users.

� As collecting health data becomes easier in thefuture, health condition will be managed withoutregular clinical visit, cutting healthcare costs.

Page 6: Sensor Technology Innovation is Enabling Quantified-Self

Quantified-Self enables people to share information

on daily life-related activities on social networks.

Megatrend Influence

Social Trends

Connectivity and Convergence

Quantified-Self is enabled by convergence of various

technology while enhancing connectivity of wearable

devices to the cloud.

Connectivity and Convergence

6

Quantified-Self helps people to manage their health

and maintain a healthier lifestyle.

Quantified-Self will enable hardware and software

developers uncover newer business models.

New Business Models

devices to the cloud.

Health, Wellness, and Well-Being

Page 7: Sensor Technology Innovation is Enabling Quantified-Self

Global Footprint: Technology Development and Adoption

North America� The key market for development and adoption for

quantified self is observed in the USA and Canada.

� The Consumer Electronics Association (CEA) forecasts

indicate that by 2014 about 27 million people in North

America will buy wearable fitness devices.

Europe� Quantified-Self is gaining a lot of interest in the European

7

� Quantified-Self is gaining a lot of interest in the European

Union and expected to be a key market in the future.

� Germany and UK are the fastest growing countries interms

of adoption of Quantified-Self technology concept.

APAC� South Korea and Japan leads the APAC region for

Quantified-Self adoption.

� Major companies from this region are joining this sector

with more expected to follow in the coming years.

� The region is expected to be the major exporter for

wearable devices by 2020.

Technology

Development

High

Medium

Low

Page 8: Sensor Technology Innovation is Enabling Quantified-Self

Drivers Influencing Technology Adoption

Short Term

(1-2 Years)

Reformation in Health

Care & Personal Wellness

Medium Term

(3-5 years)

Long Term

(>6 years)

Advancement in

New TechnologiesThe emergence of

Internet of things (IoT)

Increasing mobile

technology innovation

8

� Advancement in circuit design

for controlling computers and

mobile electronics are opening

up possibilities for various

functionalities in improving

device capability.

� The availability of system on a

chip wireless sensors offers

opportunities in building more

functions into small devices.

� Growing infrastructure that

support wireless data,

increasing engine oriented

software architecture and the

availability of Wi-Fi in hospital

promises successful

implementation of quantified–

self technology.

� High supply of wireless

sensors and emergence of new

health monitoring devices will

reshape the healthcare

industry.

� Raising cost in healthcare are

influencing people to find new

ways to reduce hospital bills.

� Healthcare and wellbeing data

that is transmitted to

healthcare centres will save

cost while improving medical

outcomes.

� Public awareness in preventing

and relieving health are

pushing people to find

alternative to self

improvement.

� The IoT idea has evolved from

sensor networks that is being

used in real world applications

such as Quantified-Self.

� The emergence of IoT has

created the opportunity for

Quantified-Self followers to use

social networking for

quantifying data.

� IoT enables individuals

measuring their fitness and

health levels such as heart rate,

blood pressure and body

temperature to be connected to

the Quantified-Self community

instantly.

� Increasing innovations in mobile

technology in the past few years

has led mobile phone to be used

as a personal computer.

� People are increasingly using

mobile technology to store

personal data.

� Majority of smartphones are

embedded with sensor such as

optical sensors, accelerometers,

gyroscopes, touch sensors and

compasses.

� Sensors enabling devices in

quantified-self leverages such

technology in smart phones and

tablets connected to wearable

electronics to capture personal

data.

Page 9: Sensor Technology Innovation is Enabling Quantified-Self

Key Challenges in Wide-Scale Adoption

Short Medium Long Comments

Privacy Issues

o Shared data with companies such as health services andpharmaceutical firms will raise concerns of privacy issues.

o These companies has to ensure privacy to their clients thatdata collected are owned by the client and not the firm.

o Companies using data belonging to the client such as storingand processing of the data need to have consent from theuser.

o Data that is captured by Quantified-Self enabled devices arerelated to health. It is therefore important that the dataacquired are highly accurate and precise.Usability has an impact on the quality of the data. If the

Challenges

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Data Reliability

o Usability has an impact on the quality of the data. If thedevice such as a heart rate monitoring sensor has to beworn on the body is uncomfortable for the user mayinterfere with the data captured.

o Limitation of the technology used to collect data needs tobe clearly addressed to avoid misinterpretation of findings.

Interoperability

o Existing interoperability issues will be a barrier inexchanging data electronically on health care.

o Data exchanging with electronic medical record providersor personal health record solution companies shouldemploy open standards to ensure proper interoperability.

o Lack of electronic interface and information exchangeinfrastructure need to address interoperability issueseffectively.

High Medium Low

Impact Legend

Page 10: Sensor Technology Innovation is Enabling Quantified-Self

Key Applications Segments

Fitn

ess

Tra

ckin

g

Heart Rate

Monitoring

� Activity trackers are used by individuals

seeking to improve overall health by

increasing physical activity and losing

weight.

� Sensor incorporated in wearable captures

distance and steps taken and as well as

information related to calories burnt.

� Found to be the most popular type of

tracking devices available in the market.

� Many startups are taking opportunity in the

Quantified-Self trend and are developing

innovative designs with sensors embedded

� Heart rate monitors are used to determine cardiovascularbehavior during activities and recreational to help a person staywithin optimal heart rate target zone for specific goals bymeasuring electrical signals from the heart.

� Sensors for heart rate monitors are embedded in chest straps,watches and finger clips.

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Sleep

Monitoring

Oth

er

Mo

nit

ori

ng

& T

rack

ing

De

vic

es

Monitoring

� Multisensory sleep tracking devices worn by the user capturecontinuous data on heart rate, body temperature,perspiration to provide insights of an individuals body whileasleep.

� A vast majority of people have trouble sleeping or not havingthe right amount of sleep will benefit from sleep trackingdevices that analyze sleeping habits.

innovative designs with sensors embedded

in bracelets, watches and clothes.

� Numerous other tracking devicesinclude real-time sensors that streamsdata on shared websites such astemperature and humidity monitors forthe environment.

� Microphones modified with sensors areused to capture speech and a softwarein a smartphone analyzes if a person isunder stress.

� A tattoo type sensor injected below theskin to detect glucose level. A bandworn around the “tattoo” will displayglucose level.

Page 11: Sensor Technology Innovation is Enabling Quantified-Self

Technology Implications on Key Markets

Consumer Electronics1

2 Healthcare

One of the main application areas is consumer electronicdevices. Data captured from sensor enabled devices areconnected to computers and mobile devices such assmartphones and tablet computers.

Healthcare industry will have high impact as quantified-self approach offers benefits to patients as they will beable to monitor health while being diagnosed withcertain illness.

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3 Wearable DevicesWearable devices are the preferred method for trackingand monitoring health and wellbeing. Many companieshave demonstrated innovativeness in integratingsensors into wearable such as watches, armbands, cloths,shoes and many more.

4 ICT The ICT sector is the backbone of the quantified-selfapplications as wearable devices communicates withcomputers to capture, exchange and analyse data.

certain illness.

Page 12: Sensor Technology Innovation is Enabling Quantified-Self

Market Potential

DownsideDownside

Upside Upside

ForecastForecast� The best case scenario for

wearable technology to impactthe success of Quantified–Selfdepends on the introduction ofinnovative technology and newproducts into the market.

� The worst case scenario forwearable technology to impactthe success of Quantified–Self willdepend on various factors thatwill influence failure of adoption.

� The downside factors includes

ImpactImpact

12

DownsideDownside

ForecastForecast

products into the market.

� Improved wearable devices willenhance user experience and thisincludes smart watches, smartglasses, heart monitoring andglucose monitoring devices.

� The downside factors includesthe lack of user experience [fromthe wearable devices], lack oftechnology sophistication andinfrastructure, productavailability and poor usercompliance.

High Medium Low

Although still in it’s infancy, the wearable device market is growing extremely fast. It

is expected to become a key consumer technology. by 2015.

Page 13: Sensor Technology Innovation is Enabling Quantified-Self

Convergence Scenario #1

Wearable Fabrics

Sensors embedded in

wearable fabrics

Industry Initiatives

• Apple will incorporate fitness

band into their upcoming

smart watch with IoT

capabilities. Just by using a

simple wearable device and an

app, users will be able to track

more information about

themselves.

Wireless

Sensors

13

Online Social

Network

wearable fabrics

connected to online

social network services

• Google is currently exploring

its Google Glass for lifestyle

monitoring that will fit in the

IoT ecosystem.

Year of Impact– 2015 -

2017

• Wide scale adoption is

expected around 2015.

Quantified-Self

Page 14: Sensor Technology Innovation is Enabling Quantified-Self

Convergence Scenario #2

Wireless Sensors

Mobile Apps

Sensors embedded in

Industry Initiatives

• Philips has developed a

movement tracker and app

using advanced image

processing to log and record

breathing and heart rates

with a smartphone camera.

• New hardware is

14

Wireless Sensors

Healthcare Clinics

Sensors embedded in

smartphones and wearable

enable apps connected to

healthcare clinics

Year of Impact: 2017

• Wide scale adoption is

expected around 2017 to 2018.

• New hardware is

continuously being developed

by many startups focused in

health and fitness such as

Withings scale, Zeo sleep

coach and Fitbit activity

tracker.

Quantified-Self

Page 15: Sensor Technology Innovation is Enabling Quantified-Self

Future Market Implications

Healthcare

• There will be a blending of more improved technologies such as

faster computational systems, cloud computing and higher resolution

in imaging using devices in the consumer electronic sectors such as

tablets, smartphones and computers that will enable smart and

efficient personal diagnoses and treatment decisions.

• Developments are oriented towards having smaller and powerful

diagnostics, while integrating sensors and devices for healthcare

applications.

Impact over the next 3

years

Low High

15

Low High

ICT

• In future, there will be an open framework where different device

manufacturers and different app developers function together in the

Quantified-Self ecosystem.

• Companies that are developing hardware will allow other companies

in the ICT sector to develop social networks and to analyze the

captured data.

Impact over the next 3

years

Low High

Page 16: Sensor Technology Innovation is Enabling Quantified-Self

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Corporate Communications

Measurement & Instrumentation

(210) 477.8427

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