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Tuesday, 07 May 2019 07:58
Growth in connected wearables shipment highlights promising outlook
Shipments of connected wearables reached 116.8 million worldwide in 2018, according to the findings of Berg Insight. Growing at a compound annual growth rate (CAGR) of 15.4 percent, total shipments of smartwatches, smart glasses, fitness & activity trackers, smart clothing, mobile telecare and medical devices as well as other wearable devices are forecasted to reach 238.5 million units in 2023. Bluetooth will remain the primary connectivity option in the coming years. A total of 67.7 million of the wearables sold in 2023 are forecasted to incorporate embedded cellular connectivity, mainly in the smartwatch and telecare and medical device categories.
Published in Gadget