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In the area of consumers, existing food and health research is mainly in the older EU member states: capacity and capability building is particularly required in Eastern Europe.
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"So far, the recovery has been primarily in the area of consumer PC's," said Matt Cleary, the head of Asian technology research at Lehman Brothers in Taipei.
"One of the areas you'll find us talking about in the future is in the area of consumer protection," he said.
"However, the F.A.A. recognizes this is an area of consumer interest and is exploring ways to bring together key stakeholders to explore the issue further".
With smartphones at saturation point, and failing to dramatically improve, tablets only getting marginally thinner, and cameras, music players, portable gaming consoles and satnavs killed by smartphones, wearables are currently the most innovative area of consumer technology.
Having spotted that tablets are an exploding area of consumer electronics, and selling a million of the touchscreen computers in the UK last year from its own stores alone, the catalogue retailer Argos cleverly decided to design and build its own tablet under its Bush brand, as Tesco did with the Hudl tablet.
The European data protection supervisor, Peter Hustinx, on Thursday urged technology companies to "innovate" in the area of consumer privacy, saying that lawmakers on the continent would press ahead on a contentious proposed law that would, in part, compel companies to pare down the personal data kept in their digital vaults.
Recommender Systems (RS) are nowadays widely used in the area of consumer electronics and home entertainment.
"We're trailblazing a new area of consumer products that we think will be pretty hot.
And there is no kind of British retailer, big or small, which isn't terrified of Amazon's growing presence in every area of consumer sales.
The regulatory environment banks are facing has created a big opportunity for new entrants, especially in the area of consumer lending.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com