The research shop OnWorld has a new study out, predicting that wearables will be a $50 billion within five years. The company counts more than 400 “unique products” on the market (although we’ve seen a lot of those products, and we’re pretty sure that they’re more “commodity” than “unique”).
The report says that hardware will be the largest segment of the market, although monitoring services, subscriptions and apps will grow faster. In addition, OnWorld says that devices like smartwatches, smart glasses, and “personal sensors” will surpass sales of fitness trackers this year.
A copy of the report will set you back $2000.