Sentences with phrase «wearables market reached»
The global wearables market reached a new all - time high as shipments reached 33.9 million units in the fourth quarter of 2016, with Fitbit leading as it shipped 6 million units.
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Taiwan - based Industrial Economics and Knowledge Center predicts the global wearables market will reach $ 20.6 billion by 2018.
A Soreon Research report expects the market for wearables, which is still in its infancy, to reach $ 41 billion by 2020, driven by growth in devices aimed at combating diabetes, sleep disorders, and cardiovascular disease.
Overall, the global wearables market will grow over 65 % to reach 219.4 million shipments in 2022, up from an estimated 133 million in 2018.
Statista.com predicts that the wearable device market will value about $ 12.64 million, while MarketWatch still predicts that Google Glass, which many consider to have been a failure, will still reach a projected $ 1 billion in sales by 2020.
That said, the wearables market is expected to reach well over # 110B annually by 2026, so clearly this technology isn't going anywhere.
The Takeaway: The market for wearable tech is set to explode for pets; sales in this sector are expected to reach $ 2.6 billion by 2025.
Fitbit led the market with shipping 3.9 million wearable devices and Chinese company Xiaomi reached to the second position with shipping its highly affordable Mi Band fitness tracking device.
The wearable market is continuing to grow, to be clear, but it's struggling to reach the mainstream.
The research «forecasts that the total smart wearables market will reach nearly 350 million devices shipped by 2020».
With the pundits predicting a surge in the wearables market in 2014, things look promising for Fitbit and expanding its reach to other ecosystems via new apps is a step in the right direction for the company.
Wearables: The total health, fitness and sports tech market — including fitness activity trackers, other health and fitness devices, hearables, over-the-counter hearing devices, smartwatches and, for the first time, sports tech (such as a smart basketballs or baseball bats)-- is expected to reach sales of 49.3 million units in 2018 (four % increase) and earn US$ 6.4 billion (one % increase).
Amazon Alexa is one of the most popular digital assistants currently on the market and it's about to reach smartwatches, headphones, fitness trackers, and more wearables this year.