Global Wearable Computing Market Is Growing with CAGR of 44.99% During 2015
The Global Wearable Computing market is estimated to be $2.03billion in 2014 with a CAGR of 44.99% is poised to reach $39.64 billion by 2022. The factors influencing the market growth include, Increasing Smart watches, Wristbands, Wearable Health & Medical Devices. Whereas high initial price and limited battery life are the factors limiting the growth of the market. The growth of the market lies in multiple application areas.