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Wireless

Earwear, watches expected to drive wearables market at a CAGR of 8%

Wednesday 19 June 2019 | 17:17 CET | News
The market for wearable devices is on track to reach global shipments of 222.9 million units in 2019, growing to 302.3 million units in 2023 with a compound annual growth rate (CAGR) of 7.9 percent, according to a new forecast from IDC. Behind that growth is the propagation of smartwatches and ear-worn devices, which will account for more than 70 percent of all wearable shipments by 2023.

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Categories: Mobile & Wireless
Countries: World
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