‘CAGR of 50.6 Percent from Now to 2017’. What Device Category?

October 26, 2013 4:34 pm

Spotting growth numbers is fun, and could be profitable. We spotted this stat some time back, a solid growth number – Can You Guess: What Increased 15,000 Percent Between 2011 And 2012? – while not that impressive, we spotted a device category that is projected to grow 50.6 percent from now to 2017 – wearable computers.

“According to a new research report from the analyst firm Berg Insight, sales of smart glasses, smart watches and wearable fitness trackers reached 8.3 million units worldwide in 2012, up from 3.1 million devices in the previous year. Growing at a compound annual growth rate of 50.6 percent, total shipments of wearable technology devices are expected to reach 64.0 million units in 2017.”

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