Industry News

According to the International Data Corporation (IDC), the wearable market in India clocked just over 400,000 units in the first quarter of 2016. As per IDC Worldwide Quarterly Wearable Device Tracker, the market was largely driven by fitness bands with 87.7 percent market share whereas smart wearables, defined as any wearable that can run third-party applications, contributed to around 12.3 percent.

Worldwide shipments of wearable devices are expected to reach 110 million by the end of 2016 with 38.2% growth over the previous year. According to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker, an expanding lineup of vendors combined with fast-growing consumer awareness and demand will generate double-digit growth throughout the 2015-2020 forecast period, culminating in shipments of 237.1 million wearable devices in 2020.

IDTechEx Wearable Europe brings together a global community of innovators behind the best of wearable technology today. IDTechEx analysts have constructed a two-day agenda assembling key innovators and thought leaders to discuss key aspects of this rapidly evolving industry. Within the broader IDTechEx show, you will see the best of new technology that is already causing disruption today, as well as a glimpse at the materials, components and products of the future.

LOPEC 2016 will be taking place from April 5–7 in Munich, Germany, where the latest products, technologies, and trends in printed electronics will be on display. Smartwatches, fitness trackers, and other wearable tech will be among the focal points at this year’s international trade fair, and they will also be on the agenda at the LOPEC Conference, where top-class speakers from companies such as adidas will be in attendance.