2015 may well end up as the year that wearable devices finally caught took off with consumers. Well, at least according to market research firm IDC.
As predicted by IDC, there will be an estimated 72.1 million units of wearable devices that will be shipped worldwide in 2.15. That number is truly impressive, especially so when you consider that it is equivalent to a surge of 173 percent compared to the 26.4 million units of wearable devices that were shipped last year across the globe.
And that is not all. IDC is also forecasting that wearable devices will see a compound yearly growth rate of 42.6 percent over the next half decade. This will result to a total of 155.7 million units of wearable devices that will be shipping by the time 2019 rolls in.
Wearable devices include items such as smartwatches, fitness bands, and even smart eyewear. Tech fans may have noticed that these products have been present in the market for years, but never really reached mainstream level, with most consumers not that aware of their existence, or just plain reluctant to purchase one as quickly as they do smartphones and tablets.
But in the last year, the wearables industry has received considerable attention from the public. Big credit goes to the recent release of the Apple Watch, Apple's first and only wearable device to date. Not only has Apple's smartwatch contributed greatly in building awareness for smartwatches in particular and wearable devices in general, it is also spearheading the industry, with many industry watchers saying that the device will ignite the whole wearables world, and maybe even influence other manufacturers of wearable devices to up their game.
It also helps that, for now, wearable devices are being offered at reduced prices, as reported by IDC earlier this month. As a matter of fact, over 40 percent of wearable devices available in the market are priced lower than $100, which has encouraged more consumers to buy them.
The rapid growth of wearable devices in the future also offers another benefit -- the expected improvement in wearable technology, which can only spell good things for consumers in the years to come. And we are not just talking about innovation in terms of hardware here. Mobile users everywhere could see advancements in terms of wearable device apps and software as Apple's Watch OS, Google's Android Wear, and Samsung's Tizen try to one up each other in offering the best user experience possible. Regardless of who comes out on top, users of wearable devices end up ultimately as the winners.
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