Global sales of wearable fitness devices, apps to rise
January 5, 2014, 12:02 am TWN
TAIPEI--Worldwide revenues from wearable electronic devices, applications and services for fitness and personal health are expected to reach US$1.6 billion in 2014, due to increased adoption of the new technology, according to Gartner Inc.
Sales will jump to US$5 billion by 2016, Angela McIntyre, a research director at Gartner, predicted in a research note Friday, noting that wearable electronics have their strongest consumer base among fitness enthusiasts, while wider consumer interest in these devices is leading to broader adoption.
"Wearable electronics provide new motivation to consumers for improving fitness and health," McIntyre said.
"Wearables support the 'quantified self' trend of people tracking their vital signs, activities, and capturing images of what they experience during the day," she explained.
At the upcoming annual International Consumer Electronics Show in Las Vegas next week, McIntyre said there will be more new innovations in this field on display.
Digital health and fitness will be one of the hottest segments at the event, with 40 percent of exhibition floor space being expanded for digital health/fitness exhibitors, she added.