Smartwatch sales to rise to 20 mln this year, 50 mln by 2020

Thursday 15 September 2016 | 16:12 CET | News
The worldwide smartwatch market is set to see modest growth of 3.9 percent this year before rising at a CAGR of 23.0 percent over the next five years, according to a new report from IDC. Sales of smartwatches running third party applications such as Apple's Watch, Samsung's Gear S3, Motorola's Moto 360 and Pebble's Watch are set to inch up to 20.1 million units this year, compared to 19.4 million units in 2015. However, the report predicts that numerous future improvements are set to help boost smartwatch shipments to 54.6 million by 2020.

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Categories: Mobile & Wireless
Companies: Apple / IDC / Motorola / Samsung
Countries: World
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