IDC Predicts Wearables Shipments To Double By 2020

According to the latest prediction from the IDC, it seems that wearables shipments will reach 213.6 million units by 2020. The latest report shows that wearable devices are expected to reach 101.9 million units by the end of this year alone, representing around 29 percent growth over 2015.
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Jitesh Ubrani, senior research analyst for IDC Mobile Device, states,
"Unlike the smartphone, which consolidated multiple technologies into one device, the wearables market is a collection of disparate devices. Watches and bands are and always will be popular, but the market will clearly benefit from the emergence of additional form factors, like clothing and eyewear, that will deliver new capabilities and experiences. Eyewear has a clear focus on the enterprise as it stands to complement or replace existing computing devices, particularly for workers in the field or on the factory floor. Meanwhile, clothing will take aim at the consumer, offering the ability to capture new forms of descriptive and prescriptive data."
While fitness-focused wrist bands have so far dominated the market, IDC experts predict that they are expecting to see watches challenge that within the next few years. They predict that by 2020, watches will account for more than 52 percent of wearables shipments, up from about 41 percent this year. The category includes Apple Watch and Moto 360, along with basic watches which do not run on third-part applications, but come with some kind of connected component such as a fitness or sleep tracker.
IDC also predicts that eyewear will account for just 10 percent of wearables shipments by 2020 but more than 40 percent of the total revenue from the market, all thanks to the potential for specialized commercial devices. There are chances that there will also be growth in smart clothing --  check out Google and Levi’s smart jacket. The company goes on to predict that other random factors such as clip-on devices, helmets, and hear-ables will shrink as a segment of the market.