Gartner, Inc. forecasts that 274.6 million wearable electronic devices will be sold worldwide in 2016, an increase of 18.4 percent from 232.0 million units in 2015 (see Table 1). Sales of wearable electronic devices will generate revenue of $28.7 billion in 2016. Of that, $11.5 billion will be from smartwatches. "From...

During the next five years, consumers will add more devices to their personal portfolio rather than consolidating it, according to Gartner, Inc. By 2018, a consumer in a mature market will use and own more than three personal devices. Gartner estimates that in 2016, the installed base of devices will...

Wearables set to change banking Misys survey shows that: * 15% of banks already have or are currently rolling out wearable apps * 72% of banks say wearables are on their roadmap for the next three years * 66% say proximity payments are the most attractive capability of wearables While 96 percent...

Wearable technology is the future – allowing for technology and data sharing to weave itself seamlessly into our everyday lives. Wearable technology, fashionable technology, wearable devices, tech togs, or fashion electronics are clothing and accessories incorporating computer and advanced electronic...