Global wearable sales to hit 126 mln by 2019 - study

Nieuws Mobiel Wereld 30 MAR 2015
Global wearable sales to hit 126 mln by 2019 - study
Global sales of smart wearable devices, including smart watches and fitness trackers, are set to soar from 45.7 million units in 2015 to 126.1 million units in 2019, representing a compound annual growth rate (CAGR) of 45.1 percent. The latest figures from International Data Corporation (IDC) forecast a near tripling of sales this year from the 19.6 million units shipped in 2014 thanks to a combination of new vendors, new devices and greater consumer awareness. The launch of devices capable of running third-party applications, such as Apple Watch, Motorola's Moto 360 and Samsung's Gear watches, is set to propel sales of smart wearables to 25.7 million units in 2015, up some 510.9 percent from the 4.2 million units shipped in 2014. Basic wearables, or devices that don't run third party applications will experience a far less spectacular 30.0 percent year-on-year growth from 15.4 million units to 20.0 million units in 2015, predicted IDC.

Categories:

Mobiel

Companies:

Apple,  Samsung,  Motorola,  IDC

Regions:

Wereld

Tags:

Data services, Consumer devices, Wireless, Market research

Related Articles

WERELD 4 DEC 2015

Wearables market up nearly 200% to 21 mln units in Q3

The global wearables market recorded its tenth consecutive quarter of steady growth in the third quarter of 2015, according to a report by the International Data Corporation (IDC). Vendors shipped a total of 21.0 million wearables in Q3, a 197.6 percent increase from the 4.7 million wearables shipped in the year-earlier quarter. Fitbit consolidated its position as market leader with 3.9 million units shipped and a 32.8 percent market share thanks to its popular Fitbit Charge and Fitbit Surge models. Apple p

WERELD 14 SEP 2015

Global wearables market to grow at 23% CAGR to 2019 - IDC

Global shipments of wearable devices are expected to more than double this year, to 76.1 million units from 28.9 million in 2014, according to IDC. The market researcher expects wearable device shipments to grow at a five-year compound annual rate (CAGR) of 22.9 percent to 173.4 million units in 2019. IDC distinguishes between 'smart' wearables and basic wearables. The latter includes more simple devices such as fitness trackers, which today account for about two-thirds of the market. Driven by advancements

WERELD 27 AUG 2015

Apple sold 3.6 mln Apple Watches in Q2, just behind Fitbit

Just a few months after entering the wearables market, Apple is already within striking distance of the long-established market leader Fitbit, according to second quarter figures released by the International Data Corporation (IDC). Apple shipped a total of 3.6 million Apple Watch devices in Q2, compared to the 4.4 wearable devices sold by Fitbit, meaning Apple already accounts for 20 percent of the market, said IDC. Vendors shipped a total of 18.1 million wearables in Q2, a 223.2 percent increase from the

INDIA 5 MAY 2015

Motorola cuts Moto 360 smartwatch price in India by INR 5000

Motorola has cut the price of its Moto 360 smartwatch in India by INR 5,000, The Economic Times reports. Initially available for INR 17,999, the device is currently available for INR 12,999 (with a leather watchstrap) on e-commerce website Flipkart. The version with a stainless steel wristband is now on sale for INR 14,999, down from the initial price of INR 19,999. The Android Wear OS-powered device focuses on fitness and health. With the Moto 360, users can send messages via voice control or get direction

WERELD 13 APR 2015

MediaTek launches platform for wearables, IoT devices

MediaTek Labs announced the MediaTek LinkIt  Assist 2502 development platform. LinkIt Assist 2502 is designed for advanced developers looking for a professional environment in which to design and prototype the software and hardware for consumer-ready wearables and IoT devices. The LinkIt Assist 2502 consists of four feature-rich components, namely a Software Development Kit (SDK) plug-in for the Eclipse IDE, C-based application programming interface (API), a Hardware Development Kit (HDK), and a module-base

WERELD 13 APR 2015

Global market for wearable tech worth USD 8.9 bln in 2014

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. 

WERELD 9 APR 2015

Apple Watch to be available for pre-orders on 10 April

Apple announced that its Apple Watch will be available for preview and pre-order on 10 April. Customers in Australia, Canada, China, France, Germany, Hong Kong, Japan, the UK and the US can try on and experience Apple Watch at their local Apple Store or at Galeries Lafayette in Paris, Isetan in Tokyo, Selfridges in London, and select Apple authorised resellers in Japan and China. Customers can pre-order their Apple Watch through the Apple online store beginning 10 April. Customers who pre-order their Appl

WERELD 7 APR 2015

Dialog Semiconductor unveils new chip for wearables

Dialog Semiconductor released details of its DA14680 'Wearable-on-Chip' Bluetooth Smart (v4.2) device. To be sampling in the second quarter, the small, ultra-low power integrated circuit includes the key functionality to create a fully hosted wearable computing product. It features flexible processing power, flash memory for virtually unlimited execution space, dedicated circuitry for sensor control, analogue and digital peripherals optimised for wearable products, and an advanced power management unit. Thi

WERELD 31 MAR 2015

IDC voorspelt dit jaar flinke groei smart wearables

Door de komst van nieuwe leveranciers, nieuwe devices en door een groeiend bewustzijn onder consumenten zal de markt voor wearables de komende jaren flink groeien. Dat voorspelt IDC in een nieuw rapport. Volgens het marktonderzoeksbureau zullen er dit jaar 45,7 miljoen wearables worden verscheept, een stijging van ruim 133 procent ten opzichte van 2013. IDC verwacht dat de markt voor wearables van 2014 tot en met 2019 een gemiddelde jaarlijkse groei zal kennen van 45,1 procent. In 2019 zullen er dan wereldw

WERELD 13 MAR 2015

IDC sees worldwide PC shipments falling 4.9% in 2015

IDC has lowered its guidance for worldwide PC shipments this year to a decline of 4.9 percent, from its previous forecast of minus 3.3 percent. By contrast, projections for 2016 and 2017 have been slightly raised. Total 2015 volume is projected at 293.1 million PCs, slipping a little further to 291.4 million in 2019. In value terms, the PC market reached USD 201 billion in 2014, down 0.8 percent, and is expected to fall another 6.9 percent in 2015 with smaller declines in subsequent years bringing the total

WERELD 29 JAN 2015

Wearables market will be worth USD 27 bln in 2020 - study

The wearables market will be worth USD 27 billion in 2020, with 394 million devices sold, from 24 million units in 2014, according to a report by Ovum, adding that the figures correspond to a CAGR of 60 percent. Revenues generated from the direct sale of wearable devices to consumers will reach USD 26.6 billion in 2020 from 3 billion in 2014. The Apple Watch alone will bring in an extra USD 16.5 billion to Apple revenues in 2020. Multipurpose wearables such as the Apple Watch will account for 31 percent of

WERELD 7 JAN 2015

Sales of wearables to hit 123 mln by 2018 - study

Global sales of wearable devices are set to increase from around 20 million in 2014 to 123 million in 2018, according to the latest report on the wearables and consumer electronics sectors from Idate. The report predicts that the wearables market will be led by fast growing smartwatch sales, due in part to the release of the Apple Watch in early 2015. However, sales of wristbands are expected to decrease from 2017 onwards because their main features are likely to have been embedded into smartwatches. In add

WERELD 18 NOV 2014

Smart garments to overtake other wearables in 2016 – study

Sales of smart garments are set to overtake all other types of wearable devices to become the single largest product category by 2016, according to a new report released by Gartner. The report forecasts that the smart garments category has by far the greatest potential for growth because it's still emerging from the testing phase and smart shirts are becoming available to athletes and coaches of professional teams. Smart garment shipments are set to grow from 0.1 million units in 2014 to 26 million units in

VERENIGD KONINKRIJK 5 NOV 2014

UK wearables market to reach GBP 136.6 mln this year - study

The UK wearables market is forecast to reach GBP 313.6 million this year, with a strong sales in the Christmas period, according to a study by the Centre for Retail Research (CRR) for Samsung Electronics. Total Christmas sales of wearable technologies in the UK are expected to grow by 182 percent to GBP 104.7 million, with1.03 million units sold. For the full year wearables unit sales are projected to rise by 120.8 percent to 3.04 million units. Fitness and activity trackers are predicted to be the most pop

WERELD 2 OCT 2014

Wearable devices market will jump to USD 22.7 mln in 2023

Wearable electronics such as smartwatches will generate revenues of USD 22.7 million by 2023, according to IHS. The global market will be worth an estimated USD 300 million this year. In terms of shipments, the market will surge to 800 million units in 2023, up from 54 million in 2014.

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.