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Wearables, as the “advanced consumer face” of the...

Wearables, as the “advanced consumer face” of the Internet of Things, will rise at a compound annual growth rate (CAGR) of 24.56 percent and “cross” $11.6 billion in global sales in 2020, MarketsandMarkets said Friday in a report (http://bit.ly/1u3gc3e). The…

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U.S. is more than 72 percent of the market, making it the “single largest revenue base” for global wearables, it said. The U.S. also “is expected to maintain its dominance” through 2020, but Asia-Pacific, “with China leading the way, is likely to grow at the highest CAGR during the next six years,” it said.