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Wearable devices are poised to become the fastest-selling consumer electronics category of all time, ramping faster than smartphones and tablets, Morgan Stanley predicted in a report Wednesday. Morgan Stanley expects wearable device shipments to increase from 6 million units in 2013 to 248 million in 2017, for a compound annual growth rate of 154%. That’s more than double industry estimates, the investment bank said. Its bull case forecasts 1 Scalper1 News
Scalper1 News