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from the wating-for-ring-sized-wearables dept.
The wearable tech industry will treble inside the next five years – with a whopping 245 million devices expected to ship in 2019.
That's according to CCS Insight's Wearables Forecast, Worldwide, 2015-2019, which states that the shipments for 2015 will be around 84 million units. That's a growth in monetary value of 64 per cent; from $15 billion in 2015 to $25 billion in 2019.
The analyst states fitness and activity trackers will account for more than half of the 2019 market in terms of units shipped, but smartwatches will make up more than 50 per cent of the revenue.
Smartwatches are obviously more expensive than fitness bands – especially given the decreasing prices of the latter thanks to budget-friendly brands like Xiaomi. The Chinese company has $15 tracker currently on sale – the Mi Band. The report claims that China overtook the US to become the biggest market for fitness trackers in 2015.
(Score: 2) by aristarchus on Monday November 02 2015, @08:39AM
It's all about the bass, no crappies! I would quadruple the fourfold pentitude of your verbosity, if only I knew what I was saying.
(Score: 2) by VLM on Monday November 02 2015, @01:23PM
It's all about the bass, no crappies!
Its all about the bass, the bass, the bass, no treble... finally I understand those lyrics.