The wearable technology market is set to expand rapidly in the next several years, according to new data from Juniper Research.
The research firm on Tuesday forecast that worldwide spending on wearable technology will hit $1.4 billion this year. By 2018, that figure will hit $19 billion. The increase is due in large part to "heightened consumer awareness of wearable technology," Juniper Research's Nitin Bhas said in a statement.
That heightened awareness has resulted in large part from reports that Apple could be getting ready to launch a new smartwatch and from the actual debut of … Read more