
With vendors are rolling out new wearable devices at Mobile World Congress in Barcelona, it is not surprising that the market is set to boom.
In 2014, GfK noted that 13.5 million health and fitness trackers were sold globally compared to 4.1 million smartwatches. This year, that combined number is expected to jump 51.2 million units in 2015.
Last year, actual sales of health and fitness trackers (HFT) easily outstripped smartwatches. This was driven, in part, by the significantly lower average sales price of HFT, making these devices more affordable than full-feature smartwatches.

Smartphone shipment in India observed its first drop in Q4, according to IDC. The decline was attributed to a high channel inventory at the beginning of the quarter among general trade which in turn was caused by the surge witnessed in online sales during festive season.
Data and value-added services have driven mobile growth in Malaysia to reach 42.9 million subscribers and rake in revenues of US$7.45 billion in 2014.
g quarter for smartphones as global shipment broke the 300 million unit barrier for the first time. This represented year-on-year growth of 23 percent, according to Canalys.
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India, China, Pakistan, and Vietnam are among the top five emerging markets that will drive tech devices sale in 2015, according to GfK.
Smartphones will grow from one in three today to two out of every three mobile connections globally by 2020, according to GSMA Intelligence, the research arm of the GSMA.