Don't let the headlines fool you. The outlook on the wearable technology space is not all doom and gloom. "I don't think we should overplay the headwinds [facing Apple (AAPL) Watch and Fitbit (FIT) ]," said Megan Brownlow, a partner at PwC, referring to research the consulting firm has conducted showing 49% of consumers use a wearable device, whether it's an Apple Watch, GoPro (GPRO) or Nike (NKE) shoes with sensors. She said the space used to center around fitness bands, but has broadened into new categories. Brownlow is bullish on the space in 2017. TheStreet's Scott Gamm reports from Wall Street.
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