ABI Research says enterprise wearable revenue will hit $55bn by 2020
Revenue from enterprise wearable devices will hit $55 billion (£42.7bn) by 2022, according to the latest study from ABI Research.
The figure is a significant increase from the predicted $10.5bn by the end of 2017, with a CAGR of 39%, the company added.
This may come as something of a surprise given the current state of the industry. Writing for sister publication IoT News at the start of this year, Laurent Le Pen, CEO and founder of wearable tech startup Omate, admitted 2016 had been