Wearable technology has gone beyond fancy prototypes, fit bands and wrist watches – it’s a self-evolving category. You can now have your GPS integrated ‘smart shoes’ to help you navigate while you are trekking, running or just roaming around.
Well, now it seems wearable is the breeding ground for players like Qualcomm, Intel, Samsung, and Apple. Even ecommerce giant like Amazon UK has introduced a wearable technology store which indicates that it’s unputdownable. It’s likely that wearables and apps are seemingly gaining huge popularity – which also opens up scope for startups having a wearable app idea.
In the world of technology, smartphones, tablets, wearable watches are the big things in the consumer technology industry.
If we add more to the buzz of wearable technology is the anticipation that the wearable market is predicted to grow up to $18.9 billion in revenues by 2020.
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