Study: Wearable Tech Market to Gain Strength in 2014
Agencia EFE
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April 15, 2014
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A woman wears a Samsung Gear 2 smartwatch, an item of the trending wearable technology that goes from bracelets that measure physical exercise to Google Glass, and which a new study by International Data Corporation says will gain strength as a global market this year. (EFE)

Wearable technology, a concept that goes from bracelets that measure physical exercise to Google Glass, will gain strength as a global market this year, according to a new study by International Data Corporation.

In 2013 this product niche "took a huge step forward," IDC said, estimating that in 2014, triple the number of units will be distributed, more than 19 million, and by 2018 that quantity will zoom to around 111.9 million.

"The increased buzz has prompted more vendors to announce their intentions to enter this market," Ramon Llamas, IDC's research manager for Mobile Phones, said.

"Most importantly, end-users have warmed to their simplicity in terms of design and functionality, making their value easy to understand and use," he said.

Over the next four years, the market will be headed by devices that measure physical activity like Nike+ FuelBand, Jawbone UP and Fitbit because they're affordable and easy to use, the study said.

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