Wearables are not just a fad. They're here to stay and will only become more popular in the coming years, according to a projection by CCS Insight, a market research firm.
In 2020, according to CCS' analysis, 411 million smart devices, such as Fitbits and the Apple Watch, will be sold at a value of $34 billion. That represents more than a doubling of the sales in 2016.
Employers and insurers have already embraced wearable fitness trackers and other health-related devices as a way to push employees more health-conscious and thus less prone to expensive medical expenses.
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