Spending on Wearables Predicted to Increase by 27 Percent in 2020

Gartner has released a forecast that predicts consumer spending on wearables will increase by 27 percent in 2020 from $41 billion USD this year to $52 billion USD. Sales of smartwatches and smart clothing are predicted to increase by 34% and 52%, respectively, largely contributing to the industry's major bump. In terms of units, shipments of smartwatches are expected to hit 86 million units in 2020, and ear-worn wearables will amount to 70 million of those units alone.Senior research director at...