AI-powered wearable shipments to grow 376% in 2017: 5 things to know

A marriage between artificial intelligence and wearable devices is expected to drive growth in the wearable segment for 2017, according to a Counterpoint Technology Market Research report.

Here are five things to know about the AI-powered wearable segment.

  • AI-powered wearables are projected to reach 60 million units in 2017, growing at an annual rate of 376 percent.
  • The dominant driver in the segment is "hearable" devices, which are expected to represent 50 percent of the AI-powered wearable market share.
  • In 2017, Apple is expected to lead the AI-powered hearable market, with 78 percent of the market share.
  • Other prominent types of AI-powered wearables include smartwatches (42 percent) and activity trackers (4 percent).
  • Although activity trackers represent a small share of the AI-powered wearable segment, they are poised to see 545 percent growth in 2017.

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