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Wireless

Global market for wearable tech worth USD 8.9 bln in 2014

Monday 13 April 2015 | 08:33 CET | News
The market for wearable technology was worth over USD 8.9 billion in 2014, with 56 million devices shipped in the year, according to a report by Futuresource UK. Smartwatches & wireless watches, GPS watches & activity trackers volumes grew 140 percent in 2014 and are expected to surge 50 percent in 2015. Gifting plays a big part in this market with Q4 representing 42 percent of 2014 sales. 

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Categories: Mobile & Wireless
Companies: Garmin / Samsung
Countries: World
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