Wearables Market Revenue will Reach $28.7 Billion in 2016

commercial wearable market research

According to the latest market study by Gartner, 274.6 million wearable electronic devices will be sold worldwide in 2016 — that’s an increase of 18.4 percent from 232.0 million units sold in 2015. Wearables will generate revenue of $28.7 billion in 2016, $11.5 billion of that total will be from smartwatches.

Source: Digital Lifescapes

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About David H Deans

Principal Consultant and Founder of GeoActiveGroup.com
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