Global wearable device shipments will increase from nearly 202 million in 2016 to more than 501 million by 2021, according to ABI Research.

While about 17 percent of these shipments will be attributed to enterprise end users in 2016, a 35 percent compound annual growth rate (CAGR) in enterprise wearables will put the segment on track to more than double its shipments by 2021.

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