Trends In Wearable

For 2016…

Personalization of technology will enable companies focuses on exactly what their customers want and how they want it.

Global tech behemoths such as Google, Apple and Samsung have been increasingly focusing on their hardware to provide products that seamlessly integrate with their customer’s everyday life.

Apple

Google

Samsung

As per the International Data Corporation(IDC) report, the wearable market is expected to maintain its momentum and witness a strong growth of over 173 percent during this fiscal year.

According to the report, almost 72.1 million wearable devices were expected to be shipped in 2015, up a strong 173.3 percent from the 23.4 million units shipped in 2014.

The report also predicted that shipment volumes are expected to experience a compound annual growth rate (CARG) of 42.6 percent over the five –year forecast period, reaching 155.7 million units shipped in 2019.

Over the past year, wearable users have reached a point where they want to get more than just data and are looking for devices that can track their habits, interpret them and give them in the moment feedback that will help change their bad habits and boost their good habits.

Interestingly the wearable market has witnessed a quick movement in the Indian market and other growing countries.

Gartner predicts that by 2016 smart watches will constitute about 40 percent of wearable devices for the wrist

Thanking you…Prepared by

Renuka Devi .kadali