The demand for wearables is growing in 2021 and in the coming years

Source: HW Upgrade added 18th Jan 2021

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The wearable solutions market will meet to a strong growth in consumer demand over the next 3 years: increasingly sought-after tools to monitor one’s health.

by Paolo Corsini published , at 20: 11 in the Wearables channel

In course of 2021 is expected to grow in sales of wearable devices , generated by dynamics of 2020: the global pandemic has in fact led more and more consumers to this type of products with which they can monitor their health.

From this an estimate, developed by Gartner, of growth of over 18% expected during 2021 for the sector. The total market value will pass from the previous 69 billions of dollars up to 81, 5 billion. This trend will continue also during the 2022 , with an expected countervalue of just under 94 billion dollars: strong growth if we think that 2019 had closed with sales for about 46 billions of dollars, therefore half of what was expected for 3 years later.

The main market growth is given from the so-called ear-worn devices , i.e. worn in the ears: we are talking mainly about headphones therefore, which have during the 2020 recorded a growth of more than 100% compared to the previous year, distancing to an extent net sales of smartwatches. Their diffusion is linked to the need for users to communicate remotely, for study or work, by connecting headphones to a PC or smartphone using Bluetooth technology.

For the smartwatch category, sales increased during 2020 compared to the year previous and will continue to grow in the years to come . The products expected for this year and for those to come will implement various new features in terms of functions but most of all they will make progress in terms of operating autonomy, thus requiring to be recharged less frequently during the week.