Apple Watch shipments said to more than double by 2021

Apple Watch shipments said to more than double by 2021”

According to new research from the International Data Corporation (IDC), the smart watch market is expected to more than double by 2021.

IDC said it also expects a similar trend across all smart wearables - including smart watches, clothing and so-called "earwear" - by 2021. The addition of these devices has helped bolster the wearables segment overall, especially as compared to the consolidating smartphone segment. "Effectively, that will make today's wearables seem quaint, and spur upgrades and replacements". It is comprised of wireless headphones that offer additional features such as fitness tracking or audio augmentation.

"Tomorrow's wearables will become more fully featured and multi-functional, spanning health and fitness to communication and productivity", stated Ramon Llamas, research manager for IDC's wearables group.

Basic wristbands like the Xiaomi Mi Band or Fitbit Charge have been the best-selling wearables to date, but IDC anticipates low single-digit growth in this category through 2021.

Smart Watches, led primarily by the Apple Watch, are expected to ship 71.5 million units by 2021, up from 31.6 million in 2017.

The number of watch suppliers is growing along with more cellular connectivity being built into smartwatches, fueling the growth.

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