Global wearable device sales to soar 18.4% in 2016: Gartner

Worldwide wearable devices sales to hit 274.6 million in 2016, up 18.4 percent from 232.0 million units in 2015, according to the latest forecast from Gartner. The market is further expected to grow to 322.69 million wearable electronic devices in 2017 from 232.01 million units in 2015.

Micromax to reportedly foray into wearable devices

Micromax is considering to enter the growing wearables market, according to the Times of India. The company’s newly appointed Chairman Sanjay Kapoor stated that Micromax could expand its offerings beyond smartphones and tablets and foray into wearable devices and machine-to-machine products.

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