While 5G connectivity is grabbing the consumer technologies headlines, the market is also witnessing a massive uptake of ultra-wideband (UWB) technology. Despite UWB being early in its ecosystem development, it is fast becoming a major short-range wireless technology for use across many applications, including smartphones, wearables, tablets, mobile accessories, and other consumer electronics.

Shipments of wearable devices in Europe grew 154.4% year over year to 13.4 million units in the second quarter of 2019, according to data from International Data Corporation's (IDC) Worldwide Quarterly Wearable Device Tracker. In 2Q19, earwear accounted for 52.3% of shipments in the region, followed by watches (26.7%) and wristbands (20.7%).

Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018, according to the latest Worldwide Semiannual Connected Consumer Spending Guide from International Data Corporation (IDC). Consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period, reaching $2.06 trillion in 2023 with a five-year compound annual growth rate (CAGR) of 5.1%.

Smartwatches are expected to see significant increases in demand, growing 47 percent in volume terms during the first half of 2018, this is according to the latest Worldwide Wearables report from Futuresource Consulting.

The home will emerge as an increasingly valuable site for enhancing the healthcare experience as part of the progression of digital, remote, connected and virtual care, according to new research from Frost & Sullivan. Health systems are evolving beyond care delivery of the diseased to encompass numerous health and wellness touchpoints, transforming it from disease management to health management.

A new study from Juniper Research has found that the number of enterprise MR (Mixed Reality) applications will approach 40 million by 2022, rising from just 6.5 million in 2018. That translates into growth of over 500 percent.

A new study from Juniper Research has found that the wearables market has begun to shift away from wrist-based devices such as smartwatches and fitness trackers, with other device categories forecast to grow much faster.

The market for the technologies that enable Smart Cities initiatives in Asia/Pacific (excluding Japan) is expected to reach $28.3 billion in 2018, according to the first-ever IDC Worldwide Semiannual Smart Cities Spending Guide. As these initiatives gain traction, IDC expects spending to accelerate over the 2016-2021 forecast period, reaching to $45.3 billion in 2021.

ABI Research forecasts that wearable data and analytics services revenue will reach over $838 million in 2022, increasing from over $247 million in 2017 -- a combined annual growth rate (CAGR) of over 27 percent.