Aussie wearables market will be worth $1 billion by 2018

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[1] According to market analyst firm Frost & Sullivan, the wearables market is currently in infancy stage, but it’s expected to grow to $1 billion by 2018.

[2] The recent release of the Apple watch and innovation from other key players will be the major driving factors for the growth of the Aussie wearables market.

[3] Frost & Sullivan forecasts a revenue growth of $1 billion by 2018 and a CAGR of approximately 78% between 2014 and 2018.

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[Source]  Australian Information Technology News – Aussie wearables market will be worth $1 billion by 2018