Wearable shipments to rise over 25% next year says Gartner, led by smartwatch deliveries

Analytical firm Gartner is expecting strength in the wearable device market next year. The company is calling for shipments of wearables to rise by 25.8% in 2019. Consumers will spend $42 billion to purchase these products in 2019, with smartwatches responsible for $16.2 billion of that amount. Gartner's senior director, Alan Antin, says that the Average Selling Price (ASP) of smartwatches is being held up by the stable price of the Apple Watch. Still, Antin sees the ASP of these connected timepieces dropping from $221.99 in 2018 to $210 in 2022 as low priced competition enters the market, ...