US wearables market growth progressing at just 25 percent

Stefan Mileschin · 25th December 2016, 07:07

But still 15.8 percent of US adult population

The market for wearable devices including smartwatches and fitness trackers in the US is progressing along at a rather slow pace of just 25 percent year-over-year, according to the latest industry estimates.

The folks at eMarketer published an updated forecast this month revising their estimates of wearable device users in the US, saying the market will only grow 24.7 percent in 2016 as usage continues to be limited to early adopters.

In October 2015, the market research company estimated that 63.7 million US adults would use some type of wearable device with Internet connectivity at least once per month. The forecast was revised downward this month to 39.5 million adults, still a large sum of the entire US adult population at around 15.8 percent. Within three years, the wearable device adoption rate is projected to increase to 21.1 percent of the entire US adult population by 2020.

http://fudzilla.com/news/42454-us-we...ust-25-percent

25th December 2016, 07:07	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,462	US wearables market growth progressing at just 25 percent But still 15.8 percent of US adult population The market for wearable devices including smartwatches and fitness trackers in the US is progressing along at a rather slow pace of just 25 percent year-over-year, according to the latest industry estimates. The folks at eMarketer published an updated forecast this month revising their estimates of wearable device users in the US, saying the market will only grow 24.7 percent in 2016 as usage continues to be limited to early adopters. In October 2015, the market research company estimated that 63.7 million US adults would use some type of wearable device with Internet connectivity at least once per month. The forecast was revised downward this month to 39.5 million adults, still a large sum of the entire US adult population at around 15.8 percent. Within three years, the wearable device adoption rate is projected to increase to 21.1 percent of the entire US adult population by 2020. http://fudzilla.com/news/42454-us-we...ust-25-percent

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