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.
May 21, 2013
