The global wearable electronics market is expected to cross $8 billion in 2018, growing at a healthy CAGR of 17.7% from 2013 to 2018. The total unit shipment is expected to cross 130 million units globally. In terms of products, wrist-wear accounted for the largest market revenue in 2012, with total revenue of the most established wearable electronic products – wrist-watches and wrist-bands combined, crossing $850 million. The potential of the industry can be gauged by the fact that both – the big and established players and small start-ups have up their ante in wearable electronics market.