Federica Laricchia
Research expert covering the global consumer technology industry
Get in touch with us nowSmartwatch device unit sales in the U.S. 2016-2020
In 2019, an estimated 20.1 million smartwatches were sold in the United States. Between 2016 and 2020 annual smartwatch sales are forecast to grow from 9 million units to over 22 million as these devices skyrocketed in popularity.
Smartwatches
While digital wristwatches have been around for decades, true smartwatches are a relatively new phenomena in the consumer electronics industry. These modern devices typically include features like touchscreens, biometric monitoring, and internet connections. Consumer electronics giants Apple and Samsung are the biggest names in the industry, controlling a combined market share of over 60 percent. Estimates suggest that over 90 million of these devices will be shipped around the world in 2019 with this figure rising to over 130 million by 2023.
Wearables
Smartwatches are often classified under the overarching consumer wearables market which also includes products like smart wristbands, smart clothing, and head mounted displays. The internet connections present in many of these devices allow them to share statistics and information with other smart devices, forming a network which is often referred to as the Internet of Things (IoT).
Smartwatches
While digital wristwatches have been around for decades, true smartwatches are a relatively new phenomena in the consumer electronics industry. These modern devices typically include features like touchscreens, biometric monitoring, and internet connections. Consumer electronics giants Apple and Samsung are the biggest names in the industry, controlling a combined market share of over 60 percent. Estimates suggest that over 90 million of these devices will be shipped around the world in 2019 with this figure rising to over 130 million by 2023.
Wearables
Smartwatches are often classified under the overarching consumer wearables market which also includes products like smart wristbands, smart clothing, and head mounted displays. The internet connections present in many of these devices allow them to share statistics and information with other smart devices, forming a network which is often referred to as the Internet of Things (IoT).
