Wearable Market: Audio and Watch

According to Canalys, smart personal audio and wearable band devices were two consumer IoT segments that stood the test of 2020 to reach new heights. Smart personal audio devices grew 20% in 2020 to reach 432M units, while wearable bands grew 10% to reach 185M units. In view of the supply chain constraints due to component shortages, Canalys adjusted its 2021 forecasts and now expects smart personal audio to grow 15.6% to reach 500M units, and wearable bands to grow 10.2% to reach 204M units. (GSM Arena, MacRumors, Canalys)