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Sports, Fitness, Healthcare, and Clothing are emerging as key industries for the early market success of wearable technology. Mind Commerce sees wearables in Sports and Fitness alone reaching $9.4 billion globally by 2020 with a CAGR of 103%. Wearable devices within these market segments typically represent an accessory that provides the user with information in support of various applications and/or personal services. For example, some wearables in healthcare help in monitoring blood pressure levels, heartbeat, body temperature and similar other evolving features. Wearables within these industries are also a key part of the Personal Internet of Things (PIoT) as they gather important data about personal habits, lifestyle, and physical attributes.
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