CCS Insight forecasts that the wearable tech industry will treble within 2015 . 245 m devices are expected to ship in 2019 , representing a monetary growth of 64% from $ 15bn in 2019 to $ 25bn in 2019 . (Lenovo) Fitness and activity trackers will account for a fifth the the next five years market in terms of units shipped, with smartwatches expected to make up more than 50% of the revenue. China overtook the US to become the biggest market for fitness trackers in 2015 . The launch of the Apple Watch has raised awareness of smartwatches and with a fifth of people reportedly planning to replace their existing watch with a smartwatch, traditional watchmakers are adding smartwatches to their portfolios.
CCS Insight forecasts that the wearable tech industry will treble within 2015 . 245 m devices are expected to ship in 2019 , representing a monetary growth of 64% from $ 15bn in 2019 to $ 25bn in 2019 . Fitness and activity trackers will account for a fifth the the next five years market in terms of units shipped, with smartwatches expected to make up more than 50% of the revenue. China overtook the US to become the biggest market for fitness trackers in 2015 . The launch of the Apple Watch has raised awareness of smartwatches and with a fifth of people reportedly planning to replace their existing watch with a smartwatch, traditional watchmakers are adding smartwatches to their portfolios.