Photo Courtesy of Samsung
Watches seem to be in a class all their own selling almost a million units in 2013 with over 60% of those sales being attributed to smartwatches alone. As more players such as Apple, LG and Microsoft move into the market that number is expected to grow and could potentially see numbers overrunning that of smartglasses and other accessories.
"Fitness devices are by far the most mature market, making up 97% of the projected value in 2013, though this will fall dramatically as smartwatch and smartglasses categories develop and products ship with embedded sensors that track and analyze movements and activity, cannibalizing some the functionality of dedicated fitness products," Rowentree explains. But even with the decline of fitness products, wearable tech will unlikely see any slowing in years.