The market for wearable technology is predicted to grow to nearly 485m devices within the next five years a report has claimed, with the Apple iWatch expected to provide a huge boost in demand.
Figures from ABI Research predict that shipments of devices like smart activity trackers from Nike and Fitbit will hit 485 million by 2018. Smart watches – such as Apple’s rumoured iWatch – and the Pebble are expected to make up a large chunk of that figure.
According to Josh Flood, senior analyst at ABI Research, current devices are seen as trendy and stylish, and this is unlikely to change. “The furor about wearable technologies, particularly smart watches and smart glasses is unsurprising,” says Flood.
He predicts Apple’s device is likely to shape the future of the market. “Apple's curved glass-based watch could prove to be a revelation in the wearable technologies market.
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