EVs, Wearables Expected to Drive Wireless Charging Market to Over $71B by 2025
The wireless charging market will reach $71.2 billion by 2025, reported market research firm Valuates Friday, driven by growing sales of electric vehicles and wearables. Harvesting has promise for generating small amounts of electric power to drive partial circuits in electronic devices that communicate wirelessly, it said (login required). Smartphones, IoT, computing devices and wearables devices will expand the market, it said.