Industry Trends: The Market For Wearable Devices Will Reach US $34 Billion In 2020.

According to foreign media's recent reports, according to British consulting firm CCS Insight Wearable device prospect Report It shows that 411 million smart wearable devices will be sold in 2020, with a total value of US $34 billion.

According to the company's forecast, the wearable industry will reach US $14 billion this year, and the wrist wear equipment including smart watches and bracelets will continue to dominate. It is estimated that in the next year, these wrist wear equipment will account for half of the sales of wearable equipment, with a total shipment volume of 60 million, of which smart watches account for half of the shipments.

CCS said in the mid 2015 that Apple watches had sales of about 20 million in 2015, but it now claims that by the end of 2015, apple watches had sold 9 million units, accounting for 41% of the market share.

However, Canalys said that Apple sold 12 million smart watches in 2015, accounting for 2/3's market share, and Gartner said it sold 30 million smart watches in 2015. Three research companies data Different from each other.

Ben Wood, chief research officer of CCS Insight, commented: "in view of the popularity of consumers for smartphones, it is no wonder that so many companies are digging up opportunities for wearable devices. We are excited to see that AR and VR have unlimited potential for development, and 2016 is expected to be a crucial year. "

By the end of 2016, the market size of AR and VR equipment is expected to reach US $14 billion 500 million, an increase of 15% over the current stage.

CCS said it sold 5 million of VR headphones last year, mainly on low-end mobile VR headsets, such as Google Cardboard devices and Samsung's Gear VR.

CCS said that 96 million VR headphones will be sold in 2020, and that Oculus Rift, PlayStation VR and HTC Vive are expected to dominate the market.

AR device market size By 2017, it will reach US $1 billion. At present, Google glasses is the most high-end equipment in the field, and Microsoft's HoloLens headphones are expected to occupy a place. In addition, the sales volume of AR and VR equipment will reach 24 million in 2018.