Wearable tech and security appliances set for global growth over next few years - PC Retail

Wearable tech and security appliances set for global growth over next few years

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In this brand new roundup IT Channel Expert will be bringing you details of the state of the global IT and tech market each month.

Worldwide growth of wearable devices will be fuelled by a growing list of vendors and a proliferation of devices, as well as steady consumer adoption, according to IDC’s Worldwide Quarterly Wearable Device Tracker.

Wearable device shipments will reach 76.1 million units in 2015, up 163.6 per cent, reports IDC. By 2019, that number will rise to 173.4 million, with total shipments including both basic and smart wearables.

"Smart wearables only account for about a third of the total market today while basic wearables, led by fitness trackers, account for the rest," said Jitesh Ubrani, Senior Research Analyst for IDC's Mobile Device Trackers.

"Driven by advancements in user interface (UI) and features, smart wearables are on track to surpass the lower priced, less functional basic wearable category in 2018. Smart wearables will quickly move from a smartphone accessory primarily focused on notifications to a more advanced wearable computer capable of doing more processing on its own."

The global security appliance market is also continuing its growth trajectory. According to IDC, both factory revenues and unit shipments continued to grow in the first half of 2015. Worldwide vendor revenues increased 9.6 per cent year over year to $4.9 billion, and volume shipments expanded to 1.1 million and grew 8.8 per cent year over year.

IDC has also just published an ‘industry first’ evaluation of global communications service providers – in terms of advanced enterprise WAN data services such as Ethernet and MPLS VPN and newer services.

The report positioned AT&T, BT Global Services, NTT Communications, Orange Business Services, and Verizon as leaders in the space for 2015.

"Global telecom service providers continue to expand WAN data network capacity and support more IP-and Ethernet based services, yet the growing enterprise use of SaaS and IaaS cloud services is causing a shift in the market for more innovative, flexible, and on-demand WAN data services that are application aware," said Nav Chander, Research Manager, Enterprise Telecom.

Not all areas of the global tech business market are seeing such growth at the moment though. Worldwide purpose-built backup appliance (PBBA) market revenue declined eight per cent year-over-year in Q2 2015.

"The worldwide PBBA market experienced a year-over-year decline in the second quarter of 2015 as the market continues to evolve," said Liz Conner, Research Manager, Storage Systems.

"Focus continues to shift away from hardware-centric, on-premise PBBA systems to hybrid/gateway systems. The results are greater emphasis on backup and deduplication software, the ability to tier or push data to the cloud, and the increasing commoditisation of hardware, all of which require market participants to adjust product portfolios accordingly."

Image source: Shutterstock

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