Staff Reports Staff Reports

Wearable Tech Poised to Break the $100 Billion Barrier

Wearable tech continues to gather pace, building an ecosystem of connected devices and capturing consumer attention to the tune of $108 billion by 2023, according to a new industry report from Futuresource Consulting.

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Nate Fisher Nate Fisher

Hearables Are the New Wearables, Says IDC

Global wearable device shipments grew 85.2% in the second quarter of 2019 (2Q19) as shipments totaled 67.7 million units according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Earworn devices (hearables) were among the fastest growing categories, capturing 46.9% of the overall wearables market during the quarter, up from 24.8% a year ago. Driving that growth was a slew of new products and consumers who purchased their second wearable, a hearable, to use in parallel with existing watches or wrist bands.

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