Wearables market could be ripe for consolidation

Wearables as a product category is still in its infancy, but already there is talk of it being cluttered and ripe for consolidation, with too many products offering few points of differentiation.

Investor Esther Dyson predicted consolidation in the near future for the fledgling category. "It's extremely crowded now," Dyson, chair of EDventure Holdings, said at the Bloomberg Next Big Thing Summit. Story