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Home 🌿 Cannabis Technology News 🌿 Quantified Self: MyDx Targets a Growing Multi-Billion Dollar Industry 🌿Quantified Self: MyDx Targets a Growing Multi-Billion Dollar Industry
SEATTLE, WA / ACCESSWIRE / October 27, 2015 / The quantified self movement has been rapidly expanding over the past several years, as consumers embrace its "if you can measure it, you can change it" principles. According to IHS, the global market for wearables and sensors will rise to 210 million units shipped and $30 billion in revenue by 2018, while companies like FitBit Inc. FIT, +7.91% and Apple Inc. AAPL, -0.85% are already making millions of dollars each quarter selling early-stage technology.
In this article, we'll take a look at an undiscovered $25 million company that's developing a game-changing device that directly measures what people eat, drink, and inhale.
Direct Measurement
The holy grail of the quantified self movement has always been direct measurement - that is, being able to characterize something directly rather than by proxy. While things...
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