MEA wearables market to reach 2.9 million units in 2017; research

IDC revealed that shipments of wearables were up 30.2% year on year in the MEA region

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MEA wearables market to reach 2.9 million units in 2017; research The MEA wearables market is in the midst of a major transformation, states IDC.
By  Aasha Bodhani Published  June 24, 2017

The International Data Corporation (IDC) has revealed that the wearables market has showed strong growth in Q1 2017 in the Middle East and Africa.

IDC's ‘Worldwide Quarterly Wearable Device Tracker for Q1 2017' reveals that shipments of wearables were up 30.2% year on year (YoY) in the MEA region. It would appear that smart wearables that rely on third-party applications, such as Samsung's Gear S3 and Apple's Watch Series, saw a 64.9% YoY increase.

Nakul Dogra, a senior research analyst for personal computing, systems, and infrastructure solutions at IDC MEA, said: "IDC expects that by the end of 2021, smart wearables will account for 43% of total wearables shipments in the region, up from just 26% in 2016."

IDC expects the MEA wearables market to grow 20.9% YoY in 2017 to reach a total of 2.9 million units, with the smart wearables segment to be the prime driver of this growth.

Dogra added: "Wearables vendors should focus on effectively utilising the data captured by the sensors on these gadgets so that the day-to-day tasks performed by users can be made more straightforward and less time consuming. The role of third-party application developers will be critical in achieving this, so vendors should look to actively engage with the developer community."

In Q1 2017, taking lead Samsung's vendor shares was 13.4%, followed by Apple (12.7%), Fitbit (10.9%), i-Life (7%), and Xiaomi (6.3%).

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