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Wireless

Global wearables growth to slow to 6.2% in 2018 as market transitions - IDC

Friday 14 September 2018 | 08:34 CET | News
The worldwide wearables market is set to ship 122.6 million units in 2018, up 6.2 percent from the 115.4 million units shipped in 2017 and the first year of single digit year-on-year growth, according to a report from IDC. The slower growth is mostly due to continuing softness among basic wearables (devices that do not run third-party applications) and can be attributed to a market in transition rather than in slowdown, said the report. However, double-digit growth will return in 2019 as smartwatches and new form factors gain acceptance, with total shipment volumes rising at a CAGR of 11.6

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