Worldwide wearables market to nearly double by 2021, says IDC

As the wearables market transforms, total shipment volumes are expected to maintain their forward momentum. According to data from the IDC Worldwide Quarterly Wearable Device Tracker, vendors will ship a total of 125.5 million wearable devices in 2017, marking a 20.4% increase from the 104.3 million units shipped in 2016. From there, the wearables market will nearly double before reaching a total of 240.1 million units shipped in 2021, resulting in a five-year CAGR of 18.2%.

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