Worldwide Wearable Device Sales to Grow 26%.

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Gartner, Inc. forecasts that worldwide shipments of wearable devices will reach 225 million in 2019, an increase of 25.8 percent from 2018. End-user spending on wearable devices is forecast to reach $42 billion in 2019. Of that, $16.2 billion will be on smartwatches.

"At the moment, the smartwatch market is bolstered by the relatively stable and higher average selling price (ASP) of the Apple Watch," said Alan Antin, senior director at Gartner. "But the overall ASP of smartwatches is expected to slowly decline from $221.99 in 2018 to $210 in 2022, due to lower-priced competitors and as higher volumes lead to reductions in manufacturing and component costs, while...

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