Wearable Tech an $81.5 Billion Opportunity

Now more than ever health and wellness are top priorities, creating big opportunity for companies such as Hapbee Technologies, Inc. (TSXV: HAPB)(OTCQB: HAPBF), Peloton Interactive Inc. (NASDAQ:PTON),Nautilus Inc. (NYSE:NLS), Alphabet Inc. (NASDAQ:GOOG), and Amazon.com Inc. (NASDAQ:AMZN).

“Even before the pandemic, many people around the U.S. were beginning to dabble in proactive and preventative health and wellness practices,” Wendy Liebmann, CEO of WSL Strategic Retail told CO.  “What this pandemic has revealed is that taking care and control of your own health — individual, family, home, etc. — is even more critical than before.”

Along the way, wearables seem to have gotten caught up in the boom, as well.  So much so, wearables could be worth about $81.5 billion this year. In fact, “A recent report from research house Gartner indicates a global increase in wearable sales of 18.1% (vs 2020) totaling $81.5 billion,” adding that the “global wearable device market to continue to grow beyond 2021 and reach $109 billion in 2024.”