Tag: wearable technology sales

Global sales of wearables expected to spike

Jennifer Goula
smartwatch wearables technology

Gartner sees sales of smartwatches and fitness bands heading in a skyward direction over the next few years. Gartner has now released its latest forecasts about the sale of wearables over the next few years, and it has predicted that these devices will see a global increase of 18.4 percent, which will bring the figure up from 232.0 million units sold, last year, to a notably higher 274.6 million units sold by the end of 2016. This year, wearable technology devices will have generated a total of $28.7 billion in…

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Morgan Stanley believes in the future of wearable technology

Julie Campbell
wearable technology watch mobile commerce

The financial services firm has predicted that this tech category will grow to a business of $1.6 billion. Wearable technology remains a tech category that is in its infancy, and while there is a rapidly growing number of devices continually being released – from smartwatches to smart jewelry and from augmented reality glasses to clothing with sensors – the analysts at Morgan Stanley have faith in the growth that it will experience and have released a promising forecast for its future. They have predicted that it won’t be long before…

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