According to a report produced by Nick Hunn titled The Market...

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    According to a report produced by Nick Hunn titled The Market for Smart Wearable Technology, Hearables will be worth $5 billion by 2018 – roughly the same size of the entire wearables industry currently.

    Nuheara is also straddling other multibillion markets: the hearing aid market ($6 billion per annum) and the headphone market ($8 billion per annum). Added to that, thousands of voice-enabled apps like SIRI and Google Now are becoming more mainstream. Nuheara is looking to capitalise on the intersection of these high-growth markets.

    Nuheara plans to open up its application programming interface to
    developers around the globe who are building speech recognition
    solutions for the voice-enabled world. These applications will be both
    consumer and enterprise solutions.

    It is foreseeable that Nuheara will develop partnerships with speech
    recognition software developers who are looking to deliver their
    solutions on a best-of-breed hearing platform like Nuheara.

    (viii) Nuheara's aim is to make its Hearables the platform of choice for the
    world's voice enabled software developers. Nuheara expects to
    release a software development kit to third party app developers. For
    example, this could include Hearable apps such as:


    (A) translating languages on the fly; and

    (B) personal tour or sightseeing guides;
    Last edited by verce: 07/03/16
 
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