Apple to help drive smartwatches to over 100 mln in 2020

Thursday 7 May 2015 | 18:08 CET | News
The smartwatch market will grow from 3.6 million units shipped in 2014 to 101 million in 2020 according to the latest estimates from IHS. The market researcher expects the recently launched Apple Watch to drive growth in the overall smartwatch market, making other leading smartphone manufacturers enter this new profitable market. IHS forecasts the ratio of smartwatch shipments to smartphone shipments will increase from 1:500 to 1:20 between 2014 and 2020. In the IHS baseline smartwatch forecast, Apple's 2015 Apple Watch shipments will hit 19 million units, or 56 percent of the total

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Categories: Mobile & Wireless
Companies: Apple / Google
Countries: World
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