Tag Archive | smart watch

Connected Wearables Shipment will Reach 239 Million

Connected Wearables Shipment will Reach 239 Million

Growing at a compound annual growth rate (CAGR) of 15.4 percent, total shipments of smartwatches, smart glasses, fitness & activity trackers, smart clothing, mobile telecare and medical devices as well as other wearable devices are forecasted to reach 238.5 million units in 2023.

via Digital Lifescapes

Wearable Device Growth Led by Smartwatch Adoption

Wearable Device Growth Led by Smartwatch Adoption

Global shipments of wearable devices are forecast to reach 125.3 million units in 2018, that’s up 8.5% from 2017. The growing popularity of smartwatches and greater wearables adoption in emerging markets will combine to produce a five-year compound annual growth rate (CAGR) of 11% with shipments reaching 189.9 million units in 2022.

via IDC

Smartwatch Reset: Wearable Tech Vendor Reaction

smart watch market research

According to the Juniper assessment, multi-functional smartwatches are the most visible smartwatch category overall, but now that initial interest has waned, the segment is consolidating.

Source: Digital Lifescapes

Smartwatch Market Demand Fades in Third Quarter 2016

smart watch market research

The worldwide smartwatch market growth slowed in 3Q16, resulting in a year-over-year decline in shipment volumes. According to data from IDC, total smartwatch volumes reached 2.7 million units shipped in 3Q16 — that’s a decrease of 51.6% from the 5.6 million units shipped in 3Q15.

Source: IDC

Smartwatch Market Reaches the Pivotal Stage of Growth

global smart watch market research

Smartwatch vendors shipped 3.5 million units in the second quarter of 2016 (2Q16), which was down substantially from the 5.1 million shipped a year ago. Apple held the top rank by shipping 1.6 million watches. However, it was the only vendor among the top five to experience an annual decline in shipments.

Source: Digital Lifescapes

Global Wearables Market will Reach $30 Billion in 2016

wearable technology market research

Fueled by a frenzy of hype, funding and global interest, IDTechEx believes that wearable technology was catapulted to the top of the agenda for technology vendors spanning the entire value chain across the globe.

Source: Digital Lifescapes

How Wearable Device Usage Drives New Data Applications

wearable big data market research

The wearable devices market is evolving rapidly, fueling the explosion of big data apps within the Internet of Things. A combination of new device releases, retail price reductions, and company rationalizations marked the first quarter of 2016 (1Q16) in the worldwide wearables market.

Source: Digital Lifescapes