IDC expects 15.3% increase in wearable electronic device sales in 2019

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Research company International Data Corporation expects the growth in sales of wearable electronic devices by 15.3% to 198.5 million units. According to its estimates, the average annual growth rate of sales in the period up to 2023 will be at the level of 8.9%. Their volume during this time will reach 279 million devices, which will also include wireless headphones with the function of a virtual assistant. It is expected that smart watches in 2023 will increase their share in the wearable device market to 47.1% from 44.2% last year. At the same time, Apple will retain leadership among their manufacturers. High demand in 2023 will use “smart” headphones. Their market share will be 31%. In the next 5 years, IDC predicts a slowdown in sales of fitness bracelets to 0.7%, and in dollar terms, their sales may fall by 4.1% per year.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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