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Cloud computing apps and mobile wearables converging: What is the next step?

January 16, 2019 / David H Deans

Adoption of mobile internet access, combined with the development of innovative cloud services and wearable devices, has created a multitude of new consumer and business use cases that will drive demand, according to the latest worldwide market study by International Data Corporation (IDC). Global shipments of wearable devices are forecast to reach 125.3 million units in 2018 -- that's up 8.5 percent from 2017. The growing popularity of smartwatches and greater wearables adoption in emerging markets will combine to produce a five-year compound annual growth rate (CAGR) of 11 percent with shipments jumping to 189.9 million units in 2022. "The transition from basic wearables to smart wearables will continue over the next five years as the two approach parity in terms of market share by 2022," said Jitesh Ubrani, senior research analyst at IDC. "The rise of smart wearables will not just be in mature markets, but also from emerging markets in Asia-Pacific and elsewhere. ...