Global shipments of wearable devices are forecast to hit 125.3 million units in 2018, up 8.5 percent from 2017, according to the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. The growing popularity of smartwatches is driving the surge, the report says.

“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 for IDC’s Mobile Device Trackers in a statement.

“The rise of smart wearables will not just be in mature markets, but also from emerging markets in Asia/Pacific and elsewhere. Japan will play an equally important role as they consume more than one third of all smart wearables.” Read More