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In Five Years, Shipments of Wearable Technology Will Jump 8-Fold (infographic)

In Five Years, Shipments of Wearable Technology Will Jump 8-Fold (infographic)
The market for wearable devices is exploding. What will the future of wearable devices be?

Wearable sensors, trackers and other such technolohgy are reshaping the healthcare industry as there is growing potential to change unhealthy behaviors through more information gleaned from these products.

So much so that the infographic below predicts that in five years, the amount of money that consumers will spend on wearable tech will skyrocket to $19 billion from $1.4 billion in 2013.

The number of shipments is also expected to rise eight-fold to 64 million in 2017 from the number of units shipped in 2012.

See the infographic, created by Shot below for more about the future of the wearable tech market.

-- By Arundhati Parmar, Senior Editor, MD+DI
[email protected]

TAGS: News
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