US wearable penetration to rise to 29% by 2021 - study

Tuesday 2 August 2016 | 15:15 CET | News
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US consumer adoption of wearable devices will continue its gradual rise from 18 percent in 2015 to 29 percent in 2021, according to a report from Forrester. In terms of revenues, the wearables market will grow from USD 4.2 billion in 2015 to USD 9.8 billion in 2021, with sales boosted by device volume and a larger mix of more expensive wearable devices such as smartwatches, apparel and glasses. The majority of consumers who currently own and use wearables have a health or wellness device (17%), while retail (6%), notifications (6%), travel (5%) and monitoring (4%) are expected to grow in

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Categories: Mobile & Wireless
Companies: Forrester
Countries: World
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