The wearables market is expected to grow 15.3% this year to 198.5 million units with Apple and its Apple Watch leading , reports IDC. Looking ahead, the market is expected to reach 279 million units by the 2023 with a compound annual growth rate of 8.9%."The rise of smart assistants on wearables, both wrist-worn and ear-worn, is a trend worth watching," said Jitesh Ubrani, research manager for IDC's Mobile Device Trackers. "Though still in its infancy, the integration of these assistants with wearables opens up new use cases, from allowing these devices to tie into the smart home to making the devices more proactive at urging users to live healthier or more productive lives."
"Two major drivers for the wearables market are healthcare and enterprise adoption," said Ramon T. Llamas, research director for IDC's Wearables team. "Wearables stand to play an important role in digital health, constantly collecting important patient data while also giving patients the ability to self-monitor. Within the enterprise, wearables can help to accelerate companies' digital transformation by transmitting information back and forth while allowing workers to complete their tasks faster. This is where both vendors and companies can streamline processes to achieve faster results."
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