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Wearable shipments to reach 637 million in 2024, boosted by popularity of hearables

Monday 28 September 2020 | 14:48 CET | News
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The number of wearables shipped worldwide is expected to reach 637.1 million units in 2024, from 396 million this year, according to the latest study from IDC. This puts the five year CAGR at 12.4 percent and growth compared to last year at 14.5 percent. Wearable shipments grew in the first half of this year even despite the coronavirus pandemic, vendors scaling down production and quarantined end-users. The market was propelled by near-record demand for hearables, offsetting the slightly lower demand for watches and wristbands. This trend should continue in the second half, with the

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Categories: Mobile & Wireless
Companies: Amazon / Apple / Fitbit / Google / Samsung
Countries: World
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