Wearables Bigger Than I Thought

canalys.gifI have been watching wearables, from the sidelines, with the view that it’s probably not worth investing effort in this area until volumes prove it’s something people actually want. Well, today I was surprised to learn from Canalys that nearly 5 million smart and basic wearable bands were shipped in Q3 2014. This a large number given the platform is so young. The Moto 360 represented 15% of the market. Samsung took 52% market share.
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That’s 5 million in one quarter. Certainly over 20 million over the next year. Suddenly, wearables seem to have more traction than I had envisaged. Wearables are bigger than I thought – in more ways than one.