Bank on Wearable Tech: Industry is Projected to Grow to $6 Billion by 2016

Wearable technology is expected to become a $6 billion industry by 2016, a minimum revenue projection that could be even larger. That’s according to the latest findings by market research firm IMS Research. Wearable technology currently centers on healthcare, medical, fitness and wellness, where products such as glucose monitors and heart-rate monitors are used to transmit vital information about the user or patient. Continue reading Bank on Wearable Tech: Industry is Projected to Grow to $6 Billion by 2016