Forecast market value wearable devices worldwide 2012-2018

Forecasted value of the global wearable devices market from 2012 to 2018 (in billion U.S. dollars)*

by Statista Research Department, last edited Jan 10, 2014
Forecast market value wearable devices worldwide 2012-2018 The global wearable devices market value was projected to reach 5.8 billion U.S. dollars in 2018. As a relative newcomer to the competitive consumer electronics landscape, wearable devices have carved out a large space for itself, with worldwide shipments forecast to amount to 279 million units by 2023.
Wearable devices

As the name suggests, wearables are gadgets that can be worn. Such devices usually have smart sensors and are connected to the internet for data exchange. With a forecast shipment figure of more than a hundred million units in 2022, the smartwatch is the largest category within the wearable market. Apple is the leader in the smartwatch market, with its Apple Watch selling millions of units each quarter. Other major wearable devices are ear-worn devices (hearables), which include wireless earbuds such as the Samsung IconX, and health and fitness trackers, such as the Fitbit wristbands.

Internet of Things (IoT)

The IoT describes the network of devices that are connected via the internet. Such devices are able to share data among each other, providing benefits such as better quality of life and greater insight into business. Together with the gradual penetration of smart home devices, autonomous vehicles, etc., wearable devices help to deliver IoT’s promise of an ever-connected society.
Show more

Forecasted value of the global wearable devices market from 2012 to 2018 (in billion U.S. dollars)*

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Wearable devices"
  • Shipments & market value
The most important statistics
  • Market share
  • Smartwatches
  • Fitness tracker & other wearables
  • Consumer interest/opinion
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.