The smart money might be looking at the smart wearable device market, which could be worth $19 billion by 2018 according to a new study by Juniper Research. Revenues will be driven by high price points for these devices allied to their anticipated strong market demand.
The Smart Wearable Devices: Fitness, Healthcare, Entertainment & Enterprise: 2013-2108 forecasts that the emergence of a host of players competing against each other could drive the market, while competition is expected to intensify.
“It is worth observing that this change in adoption levels can also be attributable to heightened consumer awareness of wearable technology and a better visibility of product adoption, especially in the smart watch segment,” said report author Nitin Bhas.
Smart Wearable Devices: Fitness, Healthcare, Entertainment & Enterprise: 2013-2108 Report Website
