Wednesday, August 13, 2014

Wearable Devices Are Unlikely to be Big Sellers, Analysts Say

Still, amid signs of a slowdown in smartphone sales and pressure to come up with the next big thing, tech companies are jumping on the wearable tech trend. Many analysts expect Apple, Google and Samsung will roll out wearable tech products in the next 12 months.

But Parks Associates analyst Harry Wang predicts that at best, smartwatch sales will top out at about 120 million around 2018 — a far cry from smartphones and tablets. More than 1 billion smartphones and more than 195 million tablets were sold last year.

From the article "Wearable Devices Are Unlikely to be Big Sellers, Analysts Say" by Riley Snyder.

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