Wearable Tech to Become a $54 Billion Industry by 2023: Report
Wearable Tech to Become a $54 Billion Industry by 2023: Report The wearable tech industry is forecast to grow at a compound annual growth rate (CAGR) of 19 percent to reach $54bn by 2023, according to anew reportfrom leading data analytics company, GlobalData. The study, titledWearable Tech – Thematic Research, claims that growth in the consumer wearables market will be largely driven by sales of smartwatches, which are increasingly becoming more popular compared to fitness trackers....