“The rise of the Apple Watch, fitness trackers, and virtual reality headsets such as Oculus Rift will contribute to sales of wearable devices rising by almost one fifth during 2016, Gartner has suggested,” Danny Palmer reports for ZDNet.
“A total of 232 million wearable devices were sold during 2015, with the figure expected to rise by 18.4 percent to 274 million in 2016. Analysts predict total sales will then reach 322 million in 2017,” Palmer reports. “According to the Gartner report, Forecast: Wearable Electronic Devices, Worldwide, 2016, the largest growth area for wearable technology will be the smartwatch, with the number of sales in 2017 predicted to be 66 million — over double the 30 million sold globally during 2015. Figures for 2016 are expected to be around 50 million.”
“According to Angela McIntyre, research director at Gartner, it’s the impact of Apple ‘popularizing wearables as a lifestyle trend’ which is set to have the largest impact on device sales,” Palmer reports. “‘Smartwatches have the greatest revenue potential among all wearables through 2019, reaching $17.5 billion,’ said McInytre.””
Read more in the full article here.
MacDailyNews Take: If you do not have an Apple Watch, you don’t know what you’re missing!
SEE ALSO:
Apple Watch beats Rolex in luxury brands ranking – January 29, 2016
Apple Watch revenues expected to be $8.4 billion for first year – January 26, 2016
Juniper: Apple Watch has already cornered the smartwatch market – January 12, 2016
Apple COO: ‘Apple Watch marks the end of single-function wrist devices’ – January 7, 2016
Fitbit either doesn’t understand Apple Watch or hopes consumers won’t; neither is good for the company – January 6, 2016
Fitbit exec calls Apple Watch a ‘toy,’ Fitbit shares crater more than 13% after unveiling Apple Watch Sport knockoff – January 5, 2016
It’s official: The Apple Watch is destroying the so-called competition – November 20, 2015
As Apple Watch sales ramp, Swiss watch makers suffer biggest slump in six years – November 19, 2015
Apple Watch models take top four spots on 10 most-wanted smartwatches list – November 18, 2015
Apple Watch is 2016’s hottest holiday gift – November 18, 2015
Apple has already sold more than $1.7 billion worth of Apple Watches – October 29, 2015
Strategy Analytics: Apple Watch sells 4.5 million units in Q315, takes 74% global smartwatch market share – October 28, 2015
Apple Watch users are abandoning traditional watches – September 15, 2015
Over 1 million Apple Watches already sold in China – September 3, 2015
Apple Watch already dominates smart-wearables market, says IDC – August 28, 2015
IDC estimates Apple sold 3.6 million Apple Watch units in Q2 – August 27, 2015
Best Buy CEO: Apple Watch demand is ‘so strong’ that we’re expanding sales to all 1,050 stores – August 25, 2015
Swiss watch exports decline most since 2009 – August 20, 2015
Apple Watch takes 88% of total smartwatch revenue – August 14, 2015
Apple Watch kills a entire industry in three months – August 12, 2015
U.S. wristwatch sales post biggest drop in seven years after Apple Watch debut – August 7, 2015
Apple Watch dominates smartwatches with 75% market share – July 28, 2015
Juniper Research: Apple is world’s #1 smartwatch maker – July 23, 2015
Canalys: Apple ships 4.2 million Apple Watches in Q2 to become world’s top wearables vendor – July 21, 2015
Apple Watch satisfaction is unprecedented at 97%; beats original iPhone and iPad – July 20, 2015
Non-techies love their Apple Watches even more than tech users – July 20, 2015
Apple Watch is Apple’s most successful product debut ever – June 1, 2015
Apple may have “popularized” wearable technology, but that is no guarantee Apple will reap massive profits from these devices. Apple, like another company, has to earn profits.
You think we have a problem walking while texting, wait until they do that with VR.
I just took mine off to charge before bed and being without it for even a few minutes is less than ideal.