CCS also forecasts that the wearable tech industry will treble within the next five years . 245 m devices are expected to ship in 2019 , representing a monetary growth of 64 % from $ 15bn in 2015 to $ 25bn in 2018 . Fitness and activity devices will account for more than half the 2019 market in terms of units shipped , with smartwatches expected to make up more than 50 % of the revenue . " Fossil is the latest traditional fashion brand to jump aboard with Google’s China overtook the US to become the biggest market for fitness trackers in 2015 . The launch of the Apple Watch has increased awareness of smartwatches and with a fifth of people reportedly planning to replace their existing watch with a new , traditional watchmakers are adding smartwatches to their portfolios .
CCS also forecasts that the wearable tech industry will treble within the next five years . 245 m devices are expected to ship in 2019 , representing a monetary growth of 64 % from $ 15bn in 2015 to $ 25bn in 2018 . Fitness and activity devices will account for more than half the 2019 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 increased awareness of smartwatches and with a fifth of people reportedly planning to replace their existing watch with a new , traditional watchmakers are adding smartwatches to their portfolios .