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Wireless

Shipments of wearable devices to nearly double by 2021 at 18% CAGR

Thursday 21 December 2017 | 17:11 CET | News
The overall wearables market is expected to grow from 113.2 million shipments in 2017 to 222.3 million in 2021 with a compound annual growth rate (CAGR) of 18.4 percent, according to data from International Data Corporation (IDC). While the most popular wearables to date have been basic wristbands like the Xiaomi Mi Band or Fitbit Charge, researchers believe such wearables are quickly becoming commodities and anticipate low single-digit growth in this category throughout the forecast period.

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Categories: Mobile & Wireless
Countries: World
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