Wearables Take off in the USA
The Economist published an interesting chart the other day which showed that Smartwatch adoption is occurring as fast as early mobile phone adoption in the USA. Last year, an estimated 1 in 4 Americans owned a smartwatch or fitness tracker. The rise of wearables, which can gather millions of data points on a user each day, will have a “profound” effect on health and lifestyle. Beyond healthcare and wellness, wearables have implications for manufacturing, payments, life insurance, fashion, and more. Apps will be appearing for wearables, just as they now operate for mobiles.
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