Connected wearables are now becoming increasingly popular on many markets globally
The latest
trends from all main product categories are very exciting on the reality that, technology
advancements, increased consumer awareness and wide availability of devices are
at the core of stakes.
In effect, Connected
wearables are now becoming increasingly popular on many markets globally. New report from Research and Markets estimates that worldwide shipments of wirelessly enabled wearable devices will grow
from 96.5 million in 2016 at a compound annual growth rate (CAGR) of 22.2
percent to 262.5 million in 2021.
The report also reveals that, Bluetooth will remain the primary connectivity
option in the coming years. A total of 26.8 million of the wearables sold in
2021 are forecasted to incorporate
embedded cellular connectivity, mainly in the smartwatch and people monitoring
& safety categories.
The
competition have been responding with increasingly capable and attractive
devices from Android Wear vendors including Motorola, LG, and Huawei as well as
from vendors betting on other platforms such as Samsung, according to Research and Markets.
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