Apple Watch will more than double the size of global wearables market in 2015

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Move over Fitbit! Apple Watch is the new wearable in town!

We’ve heard amazing stats like the fact that the Apple Watch outsold every Android Wear device ever within its first 24 hours, but just what exactly does Apple’s entry mean for the wearables market as a whole?

According to new research, the Apple Watch is likely to push global shipments of wearable devices to 45-50 million units in 2015 alone — representing a massive 125-150 percent increase from the 20 million units total shipped one year earlier.

Having begun delivering its Apple Watches in April, and with them only now arriving in stores for buying, Apple is likely to overtake Fitbit as the world’s number one wearable vendor this quarter.

For the first quarter of 2015, Fitbit handily took the top spot — with shipments totalling 3.9 million units, or 34.2 percent of the market. No wonder Fitbit was forced to admit that the Apple Watch represented a major risk to its investors in the company’s recent IPO filing!

People can talk all they want about how more people are still searching for iPods than Apple Watch on Google, but for Apple to sweep in and take over an entire market as rapidly as it has is definitely worthy of respect.

Via: Digitimes

 

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