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IDC: Wearable Device Market Grew 10.3%

Friday Sep 1st 2017 by Developer.com Staff

Mobile development firms might want to consider making apps for smartwatches.

According to market research firm IDC, the wearable device market experienced 10.3 percent year-over-year growth during the second quarter. In a statement, the firm highlighted the growing popularity of smartwatches. "Smartwatches recorded double-digit year-over-year growth, with much of that increase attributable to a growing number of models aimed at specific market segments, like the fashion-conscious and outdoor enthusiasts in addition to the technophile crowd, lower price points and a slowly-warming reception from consumers and enterprise users alike. Factor in how smartwatches are taking steps to become standalone devices, and more applications are becoming available, and the smartwatch slowly becomes a more suitable mass market product,” said IDC’s Ramon Llamas.

The leading wearable vendors included Xiaomi, Apple, Fitbit, Garmin and Fossil, in that order.

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