In January 2015, it was reported that makers of wearable computer gadgets were very depressed. The smartwatch market appeared to be “sagging.” Global-Web-Index reported a survey of 170,000 internet users across 32 markets revealed which revealed that only 9% owned a smartwatch and only 7% own a smart wristband.
Another interesting point the data highlights is within the wearables category, the biggest number of device owners are affluent males in the 25 to 34-year-old group who reside in the Asia Pacific region.
In a December 2015 report, the IDC said the global market for wearable technology is seeing a surge, led by smartwatches, smart clothing and other connected gadgets. It’s forecast showed the worldwide wearable device market will reach a total of 111.1 million units in 2016, up 44.4% from 2015. By 2019, IDC sees some 214.6 million units, or a growth rate averaging 28%.
Jitesh Ubrani, and IDC analyst said, “The most common type of wearables today are fairly basic, like fitness trackers, but over the next few years we expect a proliferation of form factors and device types.”
“Smarter clothing, eyewear, and even hearables (ear-worn devices) are all in their early stages of mass adoption. Though at present these may not be significantly smarter than their analog counterparts, the next generation of wearables are on track to offer vastly improved experiences and perhaps even augment human abilities.”
IDC research manager Ramon Llamas said, “In a short time, smartwatches have evolved for being extensions of the smartphone to wearable computers capable of communications, notifications, applications, and numerous other functionalities.”
“The smartwatch we have today will look nothing like the smartwatch we will see in the future. Cellular connectivity, health sensors, not to mention the explosive third-party application market all stand to change the game and will raise both the appeal and value of the market going forward.”
The IDC said in its most recent quarterly update that some 21.7 million wearables were sold in the past quarter, a jump of 197 percent. Fitness tracker Fitbit maintained the top spot with a 22.2 percent market share and unit sales of 4.7 million, according to IDC.
Read Article (Staff | yahoo.com | 12/17/2015)
In an age of Amazing technology, not everyone knows how to use it to their advantage.
Master Level High-Tech Webinars