Worldwide Wearables Shipments Surge 94.6% in 3Q 2019 Led by Expanding Hearables Market, Says IDC

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    • February 9, 2020 at 5:07 am #39349
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        #News(General) [ via IoTGroup ]

         Global shipments of wearable devices totaled 84.5 million units in the third quarter of 2019 (3Q19), a year-over-year increase of 94.6% and a new record for shipments in a single quarter, according to new data from the International Data Corporation (IDC)Worldwide Quarterly Wearable Device Tracker.
        Most of the growth in demand for wearables was driven by new products in the hearables market.
        “Hearables have become the new go-to product for the wearables market,” pointed out Ramon T.
        “The rise of smart assistants in the home and on the phone has led to an increased demand for wearables that have the ability to connect with these assistants,” said Jitesh Ubrani, research manager for IDC Mobile Device Trackers.
        Top 5 Wearables Companies by Shipment Volume, Market Share, and Year-Over-Year Growth, Q3 2019 (shipments in millions) Company 3Q19 Shipments 3Q19 Market Share 3Q18 Shipments 3Q18 Market Share Year-Over-Year Growth 1.
        Fitbit 3.5 4.1% 3.5 8.0% 0.5% Others 23.8 28.1% 16.9 39.0% 40.4% Total 84.5 100.0% 43.4 100.0% 94.6% Source: IDC Worldwide Quarterly Wearables Tracker, December 5, 2019
        Earwear posted the highest year-over-year growth and amassed the most market share compared to all other wearable products.
        Wristbands maintained their popularity within the market, ahead of smartwatches and other wearable devices, driven by its straightforward value proposition and lower price points.
        Worldwide Wearables Market by Product Category Shipment Volume, Market Share, and Year-Over-Year Growth, Q3 2019 (shipments in millions) Product Category 3Q19 Shipments 3Q19 Market Share 3Q18 Shipments 3Q18 Market Share Year-Over-Year Growth Earwear 40.7 48.1% 11.9 27.4% 242.4% Wristband 19.2 22.7% 12.9 29.7% 48.6% Smartwatch 17.6 20.9% 11.9 27.4% 48.0% Others 7.1 8.4% 6.7 15.5% 4.7% Total 84.5 100.0% 43.4 100.0% 94.

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