The analysts at Research and Markets, the world’s largest market research store forecast the global fitness and sports wearables and services market to grow at a CAGR of 25.22% and 38.35% respectively during the period 2016-2020.
To calculate the market size, the report considers the smart wearable fitness and sports devices and generated by telecommunication operators in the smart wearable services market.
The report also suggests that the use of augmented reality technology will play a vital role in this growth.
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