Wearable devices to be worth over $1.5 billion by 2014
Now that the latest rev of the iPad nano isn’t suitable for wearing as a watch, perhaps Apple will release an iWatch. It might be profitable.
A new report from Juniper Research (www.juniperresearch.com) has valued the next-gen wearable devices market to be worth more than US$1.5 billion by 2014, up from $800 million this year. These revenues will be largely driven by consumer spending on fitness, multi-functional devices, and healthcare, according to the research group.
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