Type of Article: MacTech Blog

The wearable devices industry is now one of the fastest growing segments of the technology sector. According to a research report by CCS Insight (www.cssinsight.com), an industry analyst firm, 411 million smart wearable devices, worth $34 billion, will be sold in 2020, this comparing to 84 million units in 2015.

The wearables market is projected to be worth over US$25 billion by 2019. The industry includes smartwatches, fitness trackers, medical wearables, augmented and virtual reality headsets as well as wearable cameras.

t’s clear that 2016 was probably the worst year ever in online privacy – considering increasingly restrictive surveillance laws of governments around the world, major online hacks – such as compromised accounts of over a million Yahoo users – and authoritarian regimes blocking Internet to restrict the freedom of speech.

Research and Markets (www.researchandmarkets.com( has announced the addition of the “Internet of Things (IoT) 2017-2027” report to their offering. It’s intended to assist investors, participants and intending participants in the value chain including developers and academics, interested government officials and users seeking the truth based on new investigation. The focus is on identifying genuine capabilities and needs from a commercial point of view.

According to the latest study released by Technavio (www.technavio.com), the global mobile wallet market is expected to grow at a CAGR of more than 35% during the forecast period.