Management Quote by Anonymous
““Accenture, the management consultancy, forecasts the wearable technology market, currently worth $1bn-$3bn a year, will rise to $18bn by 2018.””
About This Quote
Source Report: Accenture market forecast, 2015
The wearable tech sector is projected to grow dramatically from a few billion to nearly twenty billion dollars within a few years.
In simple terms: Wearable devices market will expand rapidly.
Key Takeaway
Monitor emerging tech trends.
Themes
technology
market growth
investment
future
forecast
Mood
optimistic
analytical
cautious
Type
business
economic
When to use this quote
- business planning
- investment decisions
- product development
- consumer research
Key Concepts
industry analysis
economic projection
adoption curve
Questions to Reflect On
- What risks could hinder this growth?
- How should businesses prepare for market volatility?
A Different Perspective
Forecasts can be uncertain due to rapid tech change.
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