Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

It's the era of the smartwatch: IDC says device to rule nearly half of wearables by 2022

ANI|
Sep 14, 2018, 05.59 PM IST
0Comments
apple-watch-4-afp
Apple Watch is expected to continue to dominate with the newest model appealing to cardiac patients following the approval from the FDA and AHA.
MASSACHUSETTS [UNITED STATES]: If you are still skeptical about owning a smartwatch, it may just be the time to do so. According to the latest estimates by market researcher IDC, smartwatches are set to dominate nearly half of the entire wearables market by 2022.

Smartwatches will account for a total of 46.2 million units in 2018, up by 38.9 percent from last year. However, by 2022, the volumes will grow at a CAGR of 19.5 percent to hit 94.3 million units milestone, accounting for nearly half of the entire wearables market.

Apple Watch is expected to continue to dominate with the newest model appealing to cardiac patients following the approval from the FDA and AHA.



The latest report also indicates that wristbands will continue to play a significant role in the wearables market with devices going beyond step counting having an advantage against the pricier smartwatches.

Lastly, earwear is set to be the fastest growing wearable device. The devices which offer features in addition to audio will be seeing more growth. It is also predicted that future earwear might come with built-in smart assistants, in addition to real-time language translation and fitness tracking and coaching. Earwear is expected to hit 12.3 million shipments by 2022.

Top 10 Things About The New Apple Devices That Will Blow Your Mind

of 11
Next
Prev
Play Slideshow

Cool And Sophisticated

13 Sep, 2018
Apple's Mega Event 2018 witnessed the launch of revolutionary devices. From the pocket-friendly iPhone XR to tech masterpiece iPhone XS Max and versatile Apple Watch Series 4, the event showcased some of the coolest and most sophisticated devices ever.Take a look at the top 10 details of the new Apple devices launched that will simply blow your mind.(Text: Hitesh Raj Bhagat)
Next

0Comments
Want stories like this in your inbox? Sign up for the daily ET Panache newsletter.

You can also follow us on Facebook, Twitter and LinkedIn.

Also Read

ICC prohibits smart watches on field of play, dressing rooms

Yatra.com launches android ‘smart watch wear’ app

TCS collaborates with SATS for smart watch solution

Fitness bands and smart watches have some similar features: Here's how to choose which to buy

Titan joins hands with HP to launch smart watches

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Loading
Please wait...