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Global shipments of wearable devices will reach a total of 396m units this year and increase to 637.1m in 2024, with the proportion of those offering support for contactless payments set to rise to nearly 50% by the end of the year, International Data Corp (IDC) predicts... More
Worldwide spending on the Internet of Things forecast to reach nearly $1.4 trillion in 2021 — IDC — “A new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide forecasts worldwide spending on the Internet of Things (IoT) to grow 16.7% year over year in 2017, reaching just over $800 billion. By 2021, global IoT spending is expected to total nearly $1.4 trillion.”
Xiaomi and Apple tie for the top position as the wearables market swells 17.9% during the first quarter, according to IDC — International Data Corporation — “The worldwide wearables market maintained its upward trajectory during the first quarter of 2017 (1Q17) with Xiaomi and Apple leading all companies and multiple products experiencing double- and triple-digit growth.”
About US$1tn will be spent using mobile payments services in 2017, up 124% from less than US$500bn expected in 2015, International Data Corporation says... More