Worldwide Wearable Computing Market Gains Momentum with Shipments Reaching 19.2 Million in 2014 and Climbing to Nearly 112

  Worldwide Wearable Computing Market Gains Momentum with Shipments Reaching
  19.2 Million in 2014 and Climbing to Nearly 112 Million in 2018, Says IDC

Business Wire

FRAMINGHAM, Mass. -- April 10, 2014

The worldwide wearable computing market (commonly referred to as "wearables")
is finally expanding beyond early adopter status to more functional and
stylish lifestyle accessories that are making their way onto the pages of GQ
and Shape as well as Computerworld and Wired. According to new research from
International Data Corporation (IDC), wearables took a huge step forward over
the past year and shipment volumes will exceed 19 million units in 2014, more
than tripling last year's sales. From there, the global market will swell to
111.9 million units in 2018, resulting in a CAGR of 78.4%.

Complex accessories (e.g., Nike+ FuelBand, Jawbone UP, and Fitbit devices)
will lead the wearables market through 2018 as users continue to embrace their
simplicity and low price points. These devices are designed to operate
partially independent of any other device, but fully operate when connected
with IP-capable devices such as a smartphone, tablet, or a PC. "Complex
accessories have succeeded in drawing much-needed interest and attention to a
wearables market that has had some difficulty gaining traction," said Ramon
Llamas, Research Manager, Mobile Phones. "The increased buzz has prompted more
vendors to announce their intentions to enter this market. Most importantly,
end-users have warmed to their simplicity in terms of design and
functionality, making their value easy to understand and use."

Another segment of the market, smart accessories, will gain momentum through
the forecast period and surpass complex accessory shipments by 2018. Similar
to complex accessories, with their dependence on connecting with IP-capable
devices, smart accessories allow users to add third-party applications that
boost features and functions for a more robust experience. While not quite
ready for prime time, the smart accessory market will continue to mature as
users better understand and accept the value proposition and vendors refine
their offerings.

The third segment of the wearables market is smart wearables, such as Google
Glass, which function with full autonomy, independent of any other device
except to access the Internet. To succeed, smart wearable vendors must
convince users to shift to a new user experience while offering them a robust
selection of third-party applications. It is not a question of "if," but
"when" wearables as a whole will extend into the enterprise.

Finally, according to the latest IDC ConsumerScape 360° survey of more than
50,000 consumers in 26 countries, Samsung, which has already unveiled multiple
wearable computing devices, was identified as the most trusted brand for
wearables, ahead of Apple, Sony, and Google.

The IDC study, Worldwide Wearable Computing Device 2014-2018 Forecast and
Analysis (IDC #247318) presents the five-year forecast for the worldwide
wearable computing devices market by product category. The worldwide wearable
computing devices market will reach a total of 19.2 million units in 2014,
driven primarily by complex accessories such as Fitbit devices, Jawbone's UP
bracelet, and Nike+ FuelBand. Smart accessories, such as the Pebble
smartwatch, Samsung GALAXY Gear, and the Sony SmartWatch, will also take a
giant step forward, but their value proposition has yet to be completely
clarified. Finally, smart wearables like Google Glass have yet to reach
millions of units shipped. To this end, IDC believes that the runway for smart
wearables is long, and it will not be until 2016 that we begin to see millions
of units shipping.

About IDC

International Data Corporation (IDC) is the premier global provider of market
intelligence, advisory services, and events for the information technology,
telecommunications, and consumer technology markets. IDC helps IT
professionals, business executives, and the investment community to make
fact-based decisions on technology purchases and business strategy. More than
1,000 IDC analysts provide global, regional, and local expertise on technology
and industry opportunities and trends in over 110 countries. In 2014, IDC
celebrates its 50th anniversary of providing strategic insights to help
clients achieve their key business objectives. IDC is a subsidiary of IDG, the
world's leading technology media, research, and events company. You can learn
more about IDC by visiting

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their respective holders.


Ramon Llamas, 508-935-4736
Michael Shirer, 508-935-4200
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