"World-wide smartwatch sales are expected to grow from7 million units in 2014 to 650 million by 2020, according to estimates by Smartwatch Group,
a consultancy. Many of these sales are expected to to be at the expense
of of traditional watches, whose sales are expected to fall by around
$2 billion this year and $7 billion in 2016, Smartwatch Group has said."
(John Revill, The Wall Street Journal, Tuesday, December 1, 2015.)
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