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2021 Wearable Device Data

ASCO ELECTRONIC GROUP CO.,LIMITED | Updated: Dec 27, 2017

    


2021wearable device shipments will exceed 200 million


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IDC predicts that wearable device shipments will grow at a CAGR of 18.4%, rising rapidly from 113.2 million this year and is expected to increase to 222.3 million by 2021.


According to research firm IDC, shipments of wearable electronics devices are expected to more than double in the next five years as watches replace fitness trackers as top-selling favorites.


IDC forecasts that wearables shipments will grow at a 18.4% CAGR between 2017 and 2021, rising rapidly from 113.2 million this year and is expected to increase to 2.223 by 2021 Billion. The company notes that due to the growing popularity of watches with the addition of more and more suppliers, especially fashion brands, and built-in cellular network connectivity, it is expected that shipments of watches - including smartwatches and The basic models will rapidly increase from 61.5 million to 149.5 million.


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At the same time, fitness trackers such as Fitbit Charge and Xiaomi Mi Band were once the main product categories that were early adopters of wearable devices, and are expected to grow at less than single-digit percentages.

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Ramon T. Llamas


Ramon T. Llamas, IDC wearable device team research manager, said: "Tomorrow's wearable devices will become more comprehensive, more functional, and cover health and fitness, communications and productivity. In fact, this will make today's wearable The device looks weird and will accelerate the upgrade and replacement of a new generation of products. "

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Llamas pointed out that in the next few years, electronics companies will launch more smarter wearable products. And "original wearables" like regular headphones and clothes will become smarter, adding health and fitness tracking capabilities.


Abby  Zhang

Asco Technology Co.,Limited

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