Connected wearable devices worldwide 2016-2022

The number of connected wearable devices worldwide has more than doubled in the space of three years, increasing from 325 million in 2016 to 722 million in 2019. The number of devices is forecast to reach more than one billion by 2022.

Two important factors to the growth

Growth within the wearable devices market is primarily being powered by sales of smartwatches – shipments of smartwatches worldwide are forecast to surpass 100 million in 2020. Apple, who unveiled their first smartwatch in 2015, currently dominate the smartwatch market and have held a share of around 45 percent since 2018. Another reason for the growth of the wearables market is the rise in popularity of hearable devices. Also referred to as earwear or ear-worn devices, this category is expected to soar over the next few years with shipments of devices forecast to increase by 45 percent to 105 million units by 2023.

What are wearable devices?

Wearables are electronic devices that can be worn or carried on the body. These devices can by separated into categories such as smartwatches, wristbands, and hearables. Personal data of the user can be monitored and measured through powerful microchips and smart sensors that are embedded within the wearable device. Connecting to additional devices using Bluetooth, Wi-Fi or a cellular network can further enhance the user experience.

Number of connected wearable devices worldwide from 2016 to 2022

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Source

Release date

February 2019

Region

Worldwide

Survey time period

2016 to 2017

Supplementary notes

*Forecast

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Statistics on "Wearables"

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