IDC: Wearables shipments to reach 2.5M units in CEE by 2020

IDC predicted that smart wearables and basic wearables shipments in Central and Eastern Europe (CEE) will increase by 121.11 per cent between 2015 and 2020 to reach 2.5 million units. In the first quarter of 2016, shipments increased 78.7 per cent year on year to reach 328,000 units. Smart wearable devices account for one fifth of the whole market (21.4 per cent), while basic wearables account for the remainder. The main characteristic that sets a so-called smart wearable apart is the ability to run third-party applications, IDC explained, adding that the majority of the growth will stem from sales of smart devices over the coming years. Report