There is a report detailing the outlook of the wearable technology market The main takeaway wearable tech is already a 3 to 5 billion market today In the next two to three years it could skyrocket to 30 to 50 billion That means more smartwatches fitness monitors shoes and headsets Smartphones are one of the key driving forces behind the expected growth in wearable tech acting as a hub that keeps all of our devices connected Over time wireless devices will become even more popular as hardware improves and sensors and batteries get better

There is a report detailing the outlook of the wearable technology market.

The main takeaway: wearable tech is already a $3- to $5 billion market today. In the next two to three years, it could skyrocket to $30- to $50 billion.

That means more smartwatches, fitness monitors, shoes, and headsets.

Smartphones are one of the key driving forces behind the expected growth in wearable tech, acting as a hub that keeps all of our devices connected. Over time, wireless devices will become even more popular as hardware improves, and sensors and batteries get better.