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Healthcare Is New Wireless Opportunity

February 02, 2015

As the U.S. mobile market has reached a point where there are few new customers left to grab, wireless companies might want to begin looking at creating other revenue streams, particularly when it comes to healthcare technology.

According to Parks Associates, more than 40 million current smartphone owners use at least one wellness or fitness app (including 25% of heads of household), a figure that will likely grow as more products — including Apple’s smartwatch — come to market.

Health and fitness devices accounted for about 4% of all machine-to-machine connections in the U.S. last year, according to the firm. That number is projected to double over the next five years as the healthcare industry matures.

From the article "Healthcare Is New Wireless Opportunity" by Aaron Baar.

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