0
Wireless

Smartwatch becomes major growth driver for wrist wearables

Monday 10 April 2017 | 16:24 CET | News
Smartwatch is expected to sustain an annual growth rate of 50 percent and achieve a sales volume of 62.7 million units in 2017 whereas the forecasted sales volume for smart wristband is 57.4 million units, according to Taipei-based IT research institute MIC (Market Intelligence & Consulting Institute). In 2016, a total of 41.8 million of smartwatch units were sold and an annual growth rate of 67 percent. Due to the growth of the smartwatch market, the average selling price (ASP) for wrist wearables is on the rise, in turn expanding the overall market, the report said.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

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

Add 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

Microsoft to combine own tech with Casio smartwatches

Published 04 Apr 2017 11:08 CET | World
Microsoft Technology Licensing and Casio Computer entered into a new patent licensing agreement that includes broad coverage for ...

Watches to drive market value for sports connected objects

Published 31 Mar 2017 16:55 CET | World
The watch segment will be the main driver of sale growth for sports-related connected objects, according to a study by iDate ...

Fossil to 'reimagine' smartwatch with 300 new styles

Published 23 Mar 2017 13:40 CET | World
Fossil said it wants to "reimagine the watch" and launch over 300 connected watch styles this year, across 14 brands. Models will ...

Guess unveils new Android Wear 2.0 Connect smartwatch

Published 21 Mar 2017 11:27 CET | World
Guess has announced the imminent launch of the latest range of Connect watches powered by Android Wear. The new Fall/Winter 2017 ...

LG to launch 2 Android smartwatches in South Korea

Published 10 Mar 2017 11:44 CET | Korea, Republic of
LG Electronics has announced it will launch two smartwatches powered by the latest Android operating system (OS) in South Korea ...





Calendar   /   Industry Events

20 Feb Axiata Q4 2019
20 Feb Bouygues Q4 2019
20 Feb Starhub Q4 2019
20 Feb Windstream Q4
20 Feb Commscope Q4 2019
20 Feb SBA Communications Q4 2019
20 Feb Interdigital Q4 2019
20 Feb Liberty Latin America Q4 2019
20 Feb Telefonica Q4 2019
20 Feb Fitbit Q4 2019
20 Feb Consolidated Communications Q4 2019
20 Feb Intelsat Q4 2019
20 Feb EchoStar Q4 2019
20 Feb OTE EGM
21 Feb Proximus Q4 2019
21 Feb Vodafone Iceland Q4 2019
21 Feb Digi Communications FY results
21 Feb TDS, US Cellular Q4 2019
21 Feb Megacable Q4 2019
24 Feb Palo Alto Networks fiscal Q2
24 Feb Arlo Q4 2019
25 Feb Infinera Q4 2019
25 Feb Iridium Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
::: More Calendar Items