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Smartwatches and ear-worn devices will account for more than 70% of all wearable shipments by 2023.
June 20, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
The market for wearable devices is on track to reach global shipments of 222.9 million units in 2019, growing to 302.3 million units in 2023 with a compound annual growth rate (CAGR) of 7.9%, according to a new forecast from International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Behind that growth is the propagation of smartwatches and ear-worn devices, which will account for more than 70% of all wearable shipments by 2023. “Not only is the market diversifying in ter...
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