Gartner recently released its 20th Hype Cycle graph, which reveals that we are in a peak of inflated expectations for wearable tech, connected devices, and 3D printing. Big Data is on the border of the trough of disillusionment and peak of inflated expectations. L2 released an Intelligence Report: Wearables in which some of that inflated expectations was inflated. As shown in the graph below, growth expectations are higher for device types with smaller shipments. Smart Glasses are expected to grow by 400% between 2013 and 2014, even thought they currently account for less than 10% of wearable tech devices.
Those inflated expectations are most evident on Kickstarter, where only 6 in 10 project meet their funding goals. Yet, successful campaigns receive 692% of their initial goals.
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