Anthony Locicero, Associate Editor11.12.19
The worldwide market for wearable devices is forecasted to grow 15.3% over the previous year to 198.5 million units by the end of 2019, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker.
“This market is evolving as materials are being developed that enable the functionality of almost any imaginable substrate, including textiles and nonwovens,” said Beth Vasy, VP, operations, Liquid X Printed Metals.
The market is on track to reach global shipments of 222.9 million units in 2019, growing to 302.3 million units in 2023 with a CAGR of 7.9%, per IDC.
“The wearables market has grown rapidly over the last decade and consumers today have a broader selection of wearables devices that can not only collect and analyze data, but they are also beginning to predict future outcomes,” said Oxana Pantchenko, Ph.D., project manager engineering and technical lead, human monitoring for NextFlex. These wearables can be found
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