Flexible Electronics News

IDC: Worldwide Wearables Market Braces for Short-Term Impact Before Recovery in 2020

The global wearables market is expected to grow by 9.4% in 2020, reaching 368.2 million shipments, per IDC.

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By: Anthony Locicero

Copy editor, New York Post

The global wearables market is expected to grow 9.4% in 2020, reaching 368.2 million shipments according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. This marks a significant slowing of the market compared to the 89% growth in 2019 as the COVID-19 pandemic impacts supply in the first half of 2020. Nevertheless, healthy growth is expected to continue throughout the forecast period as shipments reach 526.8 million units by the end of 2024 ...

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