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IDC predicting significant growth in smart wearables market

IDC predicting significant growth in smart wearables market
IDC predicting significant growth in smart wearables market
Starting this year, smartwatches, wearables, and "intelligent clothing" will see a boom in sales and may become the next big thing.
Accessory Smartwatch

The market for wearables will grow significantly in the next few years according to analysts at IDC. The firm expects global shipments for wearables to be up 163.6 percent this year from 28.9 million units in 2014 to 76.1 million in 2015. By 2019, shipments may more than double to 173.4 million.

Currently, simple fitness trackers make up the majority of the market while smart wearables like smartwatches only make up about one-third of the total market. IDC is predicting that smartwatches will slowly grow in market share thanks to advancements in UI and falling prices. Exactly when "smart clothes" will really take off, however, remains a big question mark. Intel had showcased purses and bags in previous IDF events equipped with CPUs inside, but such items did not make an appearance at this year's event.

As for the inevitable market leader, IDC sees Apple's WatchOS as the clear winner by 2019 and the eventual benchmark for others in the industry to follow. Android, Pebble OS, Tizen, and Linux will follow in market share.

Source(s)

IDC

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> Expert Reviews and News on Laptops, Smartphones and Tech Innovations > News > News Archive > Newsarchive 2015 09 > IDC predicting significant growth in smart wearables market
Ronald Tiefenthäler/ Allen Ngo, 2015-09-15 (Update: 2015-09-15)