0
Wireless

Global sales of wearable tech to reach USD 54 billion by 2023 - GlobalData

Wednesday 7 August 2019 | 21:38 CET | News
The wearable technology industry generated sales of almost USD 23 billion in 2018 and is forecast to grow at a CAGR of 19 percent to reach USD 54 billion by 2023, according to new research from data and analytics company GlobalData.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Fossil Group introduces latest collection of wearables at IFA

Published 09 Sep 2019 12:15 CET | World
Fossil Group introduced the latest collection of its wearables at IFA in Berlin. To be available this fall and winter season, the ...

Samsung expands Galaxy Active smartwatch range, adds LTE

Published 05 Aug 2019 16:42 CET | World
Samsung has announced a new smartwatch, the Galaxy Watch Active2, targeting the fitness and wellness market and with optional LTE ...

OneCare launches LTE-enabled wrist wearable based on Sequans' Monarch chip platform

Published 24 Jul 2019 11:19 CET | United States
OneCare, a US-based expert in connected healthcare products, has announced the launch of OneLife Carewatch, the first in a new ...

Philips sues Garmin, Fitbit over patent infringement in wearables

Published 23 Jul 2019 13:46 CET | World
Philips has launched suits against Garmin and Fitbit in the US alleging their devices infringe the Dutch company's technology, ...

Consortium to test 5G infotainment services in Seoul and Glasgow Metro

Published 17 Jul 2019 09:42 CET | Korea, Republic of
A public/private consortium is looking to test 5G connections in the Glasgow Metro, and possible also on the London Underground, ...

US consumer technology sales to surpass USD 400 bln milestone in 2019 - CTA

Published 16 Jul 2019 12:51 CET | United States
The growing popularity of streaming services, AI-enabled emerging devices and in-vehicle technology will help drive the US ...

Brazil wearables market grows 52% in Q1

Published 09 Jul 2019 16:31 CET | Brazil
The Brazilian wearable devices market saw 52 percent annual growth to 88,000 units sold in the first quarter of 2019, according ...

Samsung launches new wearables in India

Published 26 Jun 2019 16:32 CET | India
Samsung India launched its new range of Galaxy wearables, including Galaxy Fit, Galaxy Fit e and Galaxy Watch Active will further ...

Smart cities initiatives forecast to drive USD 189 bln spending in 2023

Published 26 Jun 2019 15:23 CET | World
Global spending on smart cities initiatives will reach USD 189.5 billion in 2023, according to a research from IDC. The top ...

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

Published 19 Jun 2019 17:17 CET | World
The market for wearable devices is on track to reach global shipments of 222.9 million units in 2019, growing to 302.3 million ...





Calendar   /   Industry Events

19 Oct Arm DevSummit
21 Oct Orange Belgium Q3 2021
21 Oct AT&T Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
21 Oct Company profile: Win
22 Oct Doro Q3 results
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
25 Oct Facebook Q3
26 Oct Twitter Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct NENT Q3 2021
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct F5 Networks fiscal Q4
26 Oct Siminn Q3 2021
26 Oct FCC meeting
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
::: More Calendar Items