Smartwatches, Google Glass and the Wearable Technology Chocolate Box
Smartwatches, Google Glass and the Wearable Technology Chocolate Box At $8 billion in 2013 revenues (projected), the wearable technology market is nascent but promising. By 2017, revenue from these new devices is projected to grow to $20 billion. Numbers like that are just one of the reasons I get excited about new technologies, and I’ve been particularly excited about wearable technologies. But so far, wearable technologies have a lot in common with Forrest Gump’s box of chocolates — you never know what you’re going to get. Take health monitoring and fitness devices, for example. They’re generating the vast majority of the revenue in the wearable technology sector. Why? Because the functionality of these devices is quite impressive. Most can track your movements, monitor your workouts and even measure the quality of your sleep. And because these fitness devices offer convenient technology that has wide appeal to a health-conscious market. Smartwatches: Still...