Smart Glass on Growth Curve as Smartwatches, Fitness Devices Slow, Juniper Reports
Smartwatch and fitness wearable growth has “begun to slow” and will own just over half of wearables revenue by 2021, compared with an expected 75 percent this year, Juniper Research reported Tuesday. Smart glasses will be the highest growth sector…
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of consumer wearables over the next five years, reaching 11 percent, it said. Smart glasses revenue is forecast to grow from $327 million this year to $9 billion during the period. Healthcare wearables are forecast to see a $7 billion increase in annual revenue from 2017 to 2021, though the volume of information could make interpretation difficult, said analyst James Moar.