Apple Dominates Wearables Market in Q4 as Shipments Soared
There's been a surge of interest in and adoption of wearables in recent years, and 2019 proved to be the biggest yet. Worldwide shipments of wearable devices soared to 118.9 million units in the fourth quarter, growing 82% year over year, after 95% growth in Q3, a 29% increase in Q2, and 55% growth in Q1. This resulted in a record number of shipments in a single quarter, according to new data released by International Data Corp. (IDC).
The bulk of the surging demand was driven by ear-worn wearables, or hearables (which include wireless headphones and earbuds), which captured 55% of the entire market, followed by smart watches and wristbands.
As impressive as the overall growth in the wearables market was, Apple's (NASDAQ: AAPL) contribution was much higher.
Source Fool.com
