Proof Point
Global connected wearables forecasted to grow 46% annually to 929 million units by 2021
Global Connected Wearables
2015 – 2021F (millions)
Proof Point Findings
- Wearables Definition – Devices worn by people that connect to networks through embedded cellular connectivity, WiFi or bluetooth
- Exponential Growth – Estimated to grow 46% annually between 2015 to 2021, from 97 million to 929 million units
- Relative Size – Expected 2021 global market size of connected wearables approximately equal to 8% of Cisco's 11.6 billion total global mobile devices and connections
- Key Drivers – Include increasing functionality (e.g. augmented reality, location-based services, and health and fitness applications), rapid advancements in processor miniaturization, decreasing cost, improving network connectivity especially in emerging markets, and increasing customization
|
Accelerator |
|
|
Source |
|
|
Date Last Updated |
October 16, 2017
|
