IDC research report: in 2020, the global market for wearable device shipments will reach 213.6 million
With more and more clothing with wearable technology until the end of the year, global market for wearable device shipments are expected to reach 101.9 million, an increase of 29%.
Fibre2Fashion report, IDC (International Data Corporation, referred to as IDC) Worldwide Quarterly Wearable Device Tracker statistics show, wearable device market with 20.3% compound annual growth rates (CAGR for short) fast growth in 2020 and reach the highest point. It is estimated that shipments of 2020 will reach 213.6 million.
IDC senior research analyst Mobile Device Trackers Jitesh Ubrani said: “different from the set of smartphone that combines a variety of techniques, wearable market contains a variety of different products. Smart Watches and bracelets have always been popular, but obviously is that the market will provide new features and experience would benefit from the emerging products such as smart clothing, glasses. Glass equipment is used to supplement or replace the existing computer equipment, so most of its goals for the enterprise, in particular workers. Meanwhile, apparel is aimed primarily at consumers, used to attack new forms of descriptive and normative data. ”
Traditional sports brand is quickly cooperate with other technology companies and develop more intelligent clothing. These partnerships were concerned by this emerging sector. Even Lenovo (Lenovo), Samsung (Sansung) traditional technology companies, also began to involve areas of wearable, smart shoes and watches. IDC said that given the consumers of fashion technology equipment and athletes in daily life with increasing frequency, by 2020, the market share of this category will be 7.3%.
Networking and communications features, applications are two wearable market development factors. IDC wearable device project analyst Ramon t. Llamas, said: “essentially, and networking and communications capabilities enable wearable device without binding the Smartphone. Current wearable device is receiving calls, but future developments far more than that. Wearable device networking and communications capabilities can transmit and receive data, including time, location and other data users, or the surrounding environment. In other words, tracks pace, patient activity or shopping, can immediately share that information with others. Similarly, the user will receive the feedback information. ”
Ramon t. Llamas said: “heralds the development of wearable market, developers have a huge opportunity. Applications to improve the value and practicality of a wearable device, the user wants to see, not just your own health and fitness data. News, weather, sports, social media and the Internet of things (IoT) on application in the wearable device. When networking and communications features, applications, both of which combined, users don’t have to carry a cell phone when they go out, you want to do is look wearable device. ”