Wearable device sales to grow nearly 17% in 2017, says Gartner

Market research firm Gartner predicts that in 2017, 310.4 million wearable devices will be sold worldwide, an increase of 16.7 percent from last year.

By Julien Happich eeNewseurope, Aug. 24, 2017 – 

According to Gartner's analysts, sales of wearable devices will generate $30.5 billion in revenue by the end of 2017, of which nearly a third, or $9.3 billion, will be from smartwatches.

41.5 million smartwatches will be sold this year, predicts Gartner, which accounts for the highest unit sales of all wearable device form factors from 2019 to 2021, aside from Bluetooth headsets.

By 2021, sales of smartwatches are estimated to total nearly 81 million units, representing 16 percent of total wearable device sales.

"Smartwatches are on pace to achieve the greatest revenue potential among all wearables through 2021, reaching $17.4 billion," noted Angela McIntyre, research director at Gartner.

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