The Apple Watch is expected to have 25.9% of the smartwatch market in 2023
<p class="" style="white-space:pre-wrap;">The market for wearable devices is on track to reach global shipments of 222.9 million units in 2019, growing to 302.3 million units in 2023 with a compound annual growth rate (CAGR) of 7.9%, according to a new forecast from International Data Corporation (<a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.idc.com&esheet=52001881&newsitemid=20190619005180&lan=en-US&anchor=IDC&index=1&md5=6c24ea1e51b87dfb314f089bf79337a0" target="_blank" rel="noopener noreferrer">IDC</a>) <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.idc.com%2Ftracker%2Fshowproductinfo.jsp%3Fprod_id%3D962&esheet=52001881&newsitemid=20190619005180&lan=en-US&anchor=Worldwide+Quarterly+Wearable+Device+Tracker&index=2&md5=907436453e430e728375c3dabe30c714" target="_blank" rel="noopener noreferrer">Worldwide Quarterly Wearable Device Tracker</a>. Apple continues to thrive in the market.</p>