Gartner Research

Forecast: Wearable Electronic Devices, Worldwide, 2017

Published: 03 August 2017

ID: G00323691

Analyst(s): Angela McIntyre, Nick Ingelbrecht, Brian Blau

Summary

The global wearable electronic device market is forecast to be worth more than $50 billion in 2021. Technology strategic planners must consider how best to compete for a share of the growth opportunity in smartwatches, HMDs for VR and AR, wristbands, body-worn cameras and other types of wearables.

Table Of Contents

Forecast Data

Analysis

  • Wearables for Communication or Immersive Experiences
    • Smartwatches
    • Head-Mounted Displays
    • Body-Worn Cameras
    • Bluetooth Headsets
    • Fitness Wearables
    • Wristbands
    • Sports Watches
    • Other Fitness Monitors

Assumptions

  • Smartwatches
  • Head-Mounted Displays
  • Body-Worn Cameras
  • Bluetooth Headsets
  • Wristbands
  • Sports Watches
    • In 2021, 30% of people who would have purchased a sports watch will choose a smartwatch instead, up from 10% in 2016. The cross-over appeal of smartwatches for fitness enthusiasts will limit the growth of sports watches to a 1% CAGR from 2016 through 2021.
  • Other Fitness Monitors

Methodology

  • Definition of Wearable Electronic Devices
    • Smartwatches
    • Head-Mounted Displays (HMDs)
    • Body-Worn Cameras (BWCs)
    • Bluetooth Headsets
    • Wristbands
    • Sports Watches
    • Other Fitness Monitors

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