Skip to main content

User Experience and New Apps will Expand Wearables

A growing list of vendors, a proliferation of devices, superior user experiences, affordable price points, and steady adoption with more use-cases will fuel growth in the worldwide market for wearable devices.

According to the latest global market study by International Data Corporation (IDC), wearable device shipments will reach 76.1 million units in 2015 -- that's up 163.6 percent from the 28.9 million units shipped in 2014.

By 2019, worldwide shipments will reach 173.4 million units, resulting in a five-year compound annual growth rate (CAGR) of 22.9 percent. Total shipments include both basic and smart wearables, which are two very different product categories.

"Smart wearables only account for about a third of the total market today while basic wearables, led by fitness trackers, account for the rest," said Jitesh Ubrani, senior research analyst at IDC.

Driven by advancements in user interface (UI) and product features, smart wearables are on track to surpass the lower priced, less functional basic wearable category in 2018.

IDC believes that smart wearables will quickly move from being a smartphone accessory, primarily focused on notifications, to a more advanced wearable computer that's capable of doing more processing on its own.

Driving the market and gaining attention is smart wristwear -- including watches and bands, which are capable of running third-party applications. This includes the Apple Watch, Motorola's Moto 360, Samsung's Gear S-series, and Pebble's Time.

"We are at a stage now where more vendors are getting into this segment, setting the stage for more selection and ultimately more volumes," said Ramon Llamas, research manager at IDC.

However, potential buyers that are uninspired by the use-cases for currently available products will be more interested once the second- and third-generation devices come to market with improved hardware capabilities and advanced software applications.

Looking ahead, customers will need to pay close attention to the different operating systems that power smart wristwear. Different smart wristwear operating systems are compatible with certain smartphone operating systems, and sometimes with specific models.

Beyond that, creative user experiences and available new software applications will vary. According to the IDC assessment, just as competition already exists for different smart wristwear designs, this competition will evolve into the operating system and associated software app landscape.

Popular posts from this blog

Digital Transformation Growth Defies Market Volatility

The forward-looking CEO's commitment to ongoing investment in Information Technology (IT) is persistent. Worldwide IT spending is forecast to total $4.4 trillion in 2022 -- that's an increase of 4 percent from 2021, according to the latest worldwide market study by Gartner, Inc.   "This year is proving to be one of the noisiest years on record for CIOs," said John-David Lovelock, vice president at Gartner . Regardless, digital transformation remains a high priority across the globe. Geopolitical disruption, inflation, currency fluctuations, and supply chain challenges are among the many market volatility factors vying for attention, yet contrary to what Gartner saw at the start of 2020, enterprise CIOs are accelerating IT investments in 2022. Digital Transformation Market Development As a result, purchasing and investing preferences will be focused on areas including data analytics, cloud computing, seamless customer experiences, and IT security. Inflation impacts on

IoT Device Management Demand Gains Momentum

More forward-thinking CIOs and CTOs are focused on the adoption of the Internet of Things (IoT). Management challenges are top of mind for those who have already deployed a large number of sensors and associated network edge devices. Device management services are evolving in response to a greater breadth of new device technologies such as edge intelligence and related connectivity solutions, as well as the customer scalability and security of IoT deployments. But forward-looking suppliers are also preparing for a world where 41.3 percent of the connected devices will be using some form of Low Power Wide Area (LPWA) technologies by 2026. IoT Device Management Market Development Since IoT customers increasingly need to manage a larger fleet of connected devices, ABI Research now forecasts that IoT device management services will exceed $36.8 billion in revenues by 2026. Standardization is beginning to play a bigger role in device management services, as more connected devices use LPWA t

Anywhere, Anytime Workplace Demand for SASE

The ongoing adoption of flexible working models within the enterprise market has significant implications for typical IT organizations that must now support knowledge workers and front-line employees that operate outside the corporate network perimeter. The global COVID-19 pandemic created IT networking and security challenges. The expansion of the distributed workforce, an increasing reliance on cloud computing infrastructure, and the requirement to securely connect online employees -- wherever they choose to work, at any given moment in time. Legacy IT solutions that have rigid network underlays and a requirement for on-premises infrastructure cannot adequately deal with these trends. This 'Anywhere, Anytime Workplace' led to demand for new Secure Access Service Edge (SASE) solutions, with networking and security delivered as-a-service. Anywhere, Anytime Workplace Market Development   Although converging networking and security capabilities offer enterprises a promising solut