IDC report forecasts wearable devices to reach 45.7 million units in 2015.
The combination of new vendors, devices and greater consumer awareness will likely drive the global wearables market this year, a new IDC report has revealed. The research firm notes that vendors will ship a total of 45.7 million units in 2015, up a strong 133.4% from the 19.6 million units shipped in 2014. By 2019, total shipment volumes are forecasted to surpass 126 million units, leading to a five-year CAGR of 45.1%.
Fueling this rapid growth in 2015 will be an increased focus on smart wearables, or those devices capable of running third-party applications. These include devices like the Apple Watch, Motorola’s Moto 360, and Samsung’s Gear watches. The total volume of smart wearables will reach 25.7 million units over the next eight months, up a whopping 510.9% from the 4.2 million units shipped last year. Basic wearables, or those that don’t run third party applications, will…
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Brian By Experience 