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‘Shipments of wearable technology devices to reach 64 mn’

Sweden: A new research report from the analyst firm Berg Insight states that sales of smart glasses, smart watches and wearable fitness trackers reached 8.3 million units worldwide in 2012, up from 3.1 million devices in the previous year. Growing at a compound annual growth rate of 50.6%, total shipments of wearable technology devices are expected to reach 64.0 million units in 2017. “A perfect storm of innovation within low power wireless connectivity, sensor technology, big data, cloud services, voice user interfaces and mobile computing power is coming together and paves the way for connected wearable technology” said Johan Svanberg, Senior Analyst, Berg Insight.

Source: Berginsight