October 16, 2013
Wearable Technology Market Is Growing
Juniper Research forecasts that the mobile smart wearable device market will reach $19 billion by 2018 bringing in $1.4 billion in revenue this year. What’s driving this rise? The desire for “Multimedia and Entertainment” and “Multifunctional” devices. Guess you can say we want everything all at once. Fitness factors in big time as this market has seen its share of wearable devices. Researchers say it seems like there is nowhere for the wearable market to go but up, with everything from smart watches to Google Glass and watches for watching the kids. But they say this technology is still very new, which has initial prices set high.
[ Read the Article: Juniper Forecasts Wearable Tech Market Set To Grow To $19 Billion By 2018 ]