By Sri Ravipati, Campus Technology
Wearables generated $30.5 billion this year, with smartwatches raking in roughly a third of total sales, according to a new Gartner forecast. In 2017, there will be approximately 41.5 million smartwatch units sold, compared to 34.8 million units last year, according to the market research firm. Gartner researchers predict smartwatches from Apple and Fossil will take the lead in sales for the segment. “We expect other consumer electronics brands such as Asus, Huawei, LG, Samsung and Sony to sell only 15 percent of smartwatches in 2021, because their brands do not have as strong an appeal as lifestyle brands for personal technologies,” according to a news release. Notably, smartwatches for children ages 2-13 are forecast “to represent 30 percent of total smartwatch unit shipments in 2021.”
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