By Alex Spencer
12.7m wearable devices were shipped globally in Q3 2013, according to data from Futuresource Consulting – an increase of 40 per cent year-on-year.
Futuresource predicts a total 52m units will be sold across the course of 2014, 39 per cent which are expected to fall in Q4, due to the influence of Christmas.
Yearly sales are forecast to grow 44 per cent in 2015, to a total 74m units.
“We expect connected watches – incorporating smartwatches and wireless watches – to experience extremely strong growth over the forecast period, reaching 83m shipments in total by 2018,” said Futuresource market analyst Oliver Rowntree.
“Longer-term growth is dependent upon how compelling a use case emerges for existing wearable products. While we have an optimistic view of the wearable market, there remain some uncertainties around the usage models for wearables, and whether a compelling raison d’étre for the category will develop.”
Source:: Mobile App News