Wearable technology devices to reach 64 mln units in 2017 [Global Data Point]
(Global Data Point Via Acquire Media NewsEdge) Worldwide sales of smart glasses, smart watches and wearable fitness trackers reached 8.3 million units in 2012, up from 3.1 million devices in 2011. Growing at a compound annual growth rate of 50.6 percent, total shipments of wearable technology devices are expected to reach 64 million units in 2017. Wearable fitness and activity trackers constitute the vast majority of the shipments. By the end of the forecast period, smart watches are predicted to incorporate much of the functionality of these and will then be the largest wearable device segment. The research predicts that wearable technology will shift from being smartphone accessories into becoming stand-alone computing devices. Google, Sony and Samsung have already launched products and other major players such as Apple and LG are expected to soon enter the market.
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