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Growth in sales of smart watches and wearable technologies during 2017

Growth in sales of smart watches and wearable technologies during 2017

Gartner predicts that 310.4 million units of wearable equipment will be sold around the world in 2017, an increase of 16.7 percent over 2016. The sales of wearables are expected to reach $ 30.5 billion in 2017, Smart 9.3 billion of these sales.

In 2017, 41.5 million smart watches will be sold, with sales constituting the bulk of sales of all wearables between 2019 and 2021, as well as Bluetooth wireless earphones. By 2021, smart watch sales are estimated at 81 million units, accounting for 16% of total wearables sales.

“Smart watches are moving towards the greatest possible return on all wearable devices by 2021, reaching $ 17.4 billion,” said Angela McIntyre, research director at Gartner. Revenue from relatively smart hours is boosted by Apple’s stable price average. The total average selling price for the smart watch category will fall from $ 223.25 in 2017 to $ 214.99 in 2021, as higher volumes lead to slight reductions in manufacturing costs and component costs, but strong brands such as Apple and Fusil will keep prices consistent with price ranges for hours Traditional “.

Apple is expected to continue to acquire the largest market share. However, as more service providers enter the market, Apple’s market share may fall from about a third in 2016 to a quarter in 2021. Apple is expected to announce its new generation of the smart watch in September, and it is rumored that it will provide The ability to support direct cellular communication to enable users to interact with Siri, send text messages, and transmit data from sensors, even while not connected to Wi-Fi networks. We also expect other consumer electronics brands such as ASUS, Huawei, LG and Samsung to sell only 15% of smart clocks in 2021.

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