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Wireless

Wearable sales to top 300 mln this year, helped by lower prices - IDC

Monday 16 December 2019 | 16:04 CET | News
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Wearable sales will top 300 million units this year and then jump to 489.1 million in 2023 with a CAGR of 22.4 percent, according to the latest study from IDC. The annual figure is up 71.4 percent from the year before. Sales for the third quarter reached 84.5 million. For the full year they will hit 305.2 million, helped by sharp falls in average selling prices not just at companies such as Xiaomi, but also at Apple. "With a starting price of USD 199 for the Series 3, Apple is bound to put pressure on other smartwatch makers to make their devices more wallet-friendly," IDC said.

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