IMS Research - Wearable Technology Market to Exceed $6 Billion by 2016

IMS Research - Wearable Technology Market to Exceed $6 Billion by 2016: Increasing demand for actionable, real-time data in a range of applications is driving strong demand for wearable technology. 14 million wearable devices were shipped in 2011; by 2016, wearable technology will represent a minimum revenue opportunity of $6 billion, according to World Market for Wearable Technology – A Quantitative Market Assessment – 2012, a new report from IMS Research (recently acquired by IHS (NYSE: IHS)).