Two in Five Wearable Devices Will Be Enabled for Wireless Charging by 2020, IHS Says

Dateline City:
ENGLEWOOD, Colo.
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Wireless-charging-enabled wearable devices have already been introduced by high-profile volume manufacturers, and the potential for growth is immense

ENGLEWOOD, Colo. (January 26, 2016) – The wearable technology market continues to rapidly expand, driving more than $40 billion in revenue by 2020. There were 23 million wireless-charging-enabled wearable products shipped in 2015, and by 2020 40 percent of all wearable devices shipped will be enabled to charge wirelessly. Smartwatches are set to be the largest contributor to the wirelessly charged wearables market, accounting for almost 40 percent of all wearable-device wireless-charging receivers shipped in 2020, according to IHS Inc.

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