Wearables to Be $150 Billion Market by 2026, IDTechEx Forecasts
Wearable devices of various types will be a $30 billion global market this year, with about a third of that “coming from newly popular products including smartwatches and fitness trackers,” IDTechEx said in a Thursday report. Though the research firm…
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sees the market growing to more than $150 billion by 2026, that significant growth won’t come without “shake-ups in several prominent sectors, with commoditization hitting hard, and product form factors changing rapidly,” it said.