Tag: Smartwatch

Global wearable market to grow 26% in 2019

Apple Watches are driving wearable growth.
Apple Watches are driving wearable growth.

Worldwide shipment of wearable devices will touch 225 million in 2019, an increase of 25.8 percent from 2018, according to Gartner.

Watch for it — US$30 smartwatches next year!

mi-bandSmartwatches are attracting lots of attention but the prices are keeping many at bay, at least for now. Come next year, the prices are expected to average US$30, as smartphone vendors and component suppliers look to tap this market. In fact, Xiaomi has already introduced the Mi Band at just US$13.

Gartner predicts that by 2016, smartwatches will comprise about 40 percent of consumer wristworn devices. Nine out of the top 10 smartphone vendors have entered the wearables market to date or are about to ship a first product, while a year ago only two vendors were in that space.

“Apple has finally unveiled its Apple Watch, which we expect to trigger more consumer interest once it starts shipping in 2015,” said Angela McIntyre, Research Director of Gartner.