Smart bands expected to overtake basic wearables

Analysts are predicting smart bands will exceed sales of basic wearables.

July 28, 2014

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Analysts are predicting smart bands will exceed sales of basic wearables.

So far, wearable electronics can be split into two basic segments: “basic” wearables like Fitbit that only do a small number of tasks like fitness tracking or medical monitoring, and “smart”wearables like Samsung’s Gear line that are essentially small Android-powered computers. Although basic band wearables have shipped in greater numbers to date than smart bands, this may be changing and, according to analyst firm Canaly, is already growing more quickly.

One reason for this growth and expected accelerated growth is that smart wearables will consume the functionality of the more basic wearable electronics, and will take significant market share from them. With Samsung already heavily invested in the segment and Apple, the other industry giant, expected to launch a line of smart wearables in the near future, shipments will continue to grow.

See a comparison table of electronics sports band manufacturers on GlobalSources.com

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