The worldwide market for wearable devices, from smart wrist brands to wireless headphones, is forecast to experience “steady” double-digit growth in coming years as the use cases for such devices expand.
The market is predicted to grow 15.3 percent in 2019 over the year-earlier period, according to new estimates published by industry tracker IDC this week. The growth is tied to the fact that new capabilities and features, particularly sophisticated ones tied to athletic and health tracking, are creating new market opportunities that are spurring a fresh wave of demand.
Some 198.5 million units are expected to be shipped by the end of 2019, with smart watches and other wrist trackers leading the charge, and adoption accelerating in the healthcare industry.