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Insight Partners has published a new report which argues that the global wearable technology market is set to grow from $26.19 billion in 2015 to $170.91 billion in 2025, at a CAGR of 20.8%.
The smart watches segment was the largest in 2015 as the hand worn terminals product segment is anticipated to witness a CAGR of 24.4% between 2016 and 2025, the researchers argue.
Among the application segments, healthcare and medical boasted the largest share of the wearable technology market in 2015, whereas the fashion and lifestyle segment is expected to grow at the highest CAGR between 2016 and 2025.
We ,Cardiocomm,are only early stage.Once companies and insurers get on board, this tchnology will be common place in the future. we are extremly small...However we are attracting attention,which is great..I like this stock long term...continue due diligence and good luck..