ABI: Wearable Computing Devices To Reach 485 Million Annual Shipments by 2018

The wearable computing device market is forecast to grow over the next five years to 485 million annual device shipments by 2018, according to ABI Research.

Currently, 61 percent of the market centers around sport/activity trackers in 2013 and smartphone compatible watches are beginning to emerge, with reports that Apple will release a smart watch sometime this year. Additionally, smart glasses will take the stage later in the year.

“The furor about wearable technologies, particularly smart watches and smart glasses is unsurprising,” said Josh Flood, ABI Research senior analyst. “Apple’s curved glass-based watch could prove to be a revelation in the wearable technologies market. The major question is whether the digital time piece will act as a complimentary device to the company’s iPhone smartphones or as a standalone product with other functionalities like health or activity tracking capabilities.”

The report, Wearable Computing Technologies, also provides forecasts and analysis for wearable cameras, smart clothing, smart glasses, healthcare, activity trackers, 3D motion sensors, and smartphone compatible watches broken out into regional device shipments. ABI also predicts that the added capabilities of smart watches will become the standard for all watches in the future, and that future functionalities for these devices could include use as a remote for home automation systems.

(For additional information contact: ABI Research, 516-624-2500, www.abiresearch.com.)

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