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The above graph represents the worldwide wearable devices shipments by year. Interestingly, the global shipments of wearable devices grew 28.4% YoY in 2020, to an all-time high of 444.7 million. Apple, Xiaomi, Samsung, Huawei and Fitbit remained the top 5 vendors in global wearable market. The growth in 2020 wearables shipments was primarily led by the fourth quarter, when the vendors shipped a record 153.5 million units, with a 27.2% YoY growth.
Growth in Global Wearable Market: History
| Region | Worldwide |
| Source | IDC |
| Graph ID | 894 |
| Note | CY starts from January 1st to December 31st |
During 12 months ended December 2015, the global wearables shipments reached 81.9 million units, with an astonishing 184.4% YoY growth. This was the highest-ever year-over-year growth recorded in shipments in a single year.
Interestingly, in 2016, the global wearable industry shipped more than 100 million units for the first time, with an appreciable 27.7% YoY growth.
Between 2015 and 2019, the worldwide wearable devices shipment increased more than 4x, from 81.9 million to 336.5 million units.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.
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