Line of business users poised to reap smart wearable rewards: IDC

Get ready for a surge in smart wearable applications, as developers race to develop the killer app for this emerging device category.

According to a new report from market research firm IDC Corp., the number of third-party applications designed specifically for smart wearable devices is forecast to grow from 2,500 in 2014 to more than 349,000 by the end of 2019. Most of the applications will be for consumers, but IDC said there is a significant opportunity exists for enterprise-oriented applications as quality developers that deliver transformative apps with clear benefits spark demand and spur further application development.With its new Apple Watch, IDC expects Apple to lead this emerging market and capture two-thirds of the smart wearable device market this year alone.

With its new Apple Watch, IDC expects Apple to lead this emerging market and capture two-thirds of the smart wearable device market this year alone.

“It has been clear since well before it was launched that the Apple Watch, with the WatchKit SDK, is poised to set a tone for the broader market,” said John Jackson, research vice-president, mobile and connected platforms at IDC, in a statement. “To succeed in what we expect will quickly become a very crowded category, consumer-oriented app developers need to focus on intelligent service delivery and ‘always on you’ experiences that leverage the human factor improvements that smart wearable devices offer.”

Compared to the consumer market, the enterprise-focused wearable apps market is expecting to grow modestly, at 10 per cent of total applications in 2015, reaching 17 per cent by 2019. However, while smaller in numbers, IDC expects this market to be more lucrative for both app developers and line of business users.

“Applications designed for wearable devices deployed to address specific enterprise workflows are the highest value targets for developers in the wearable technology space in the near term,” said Jackson. “IDC believes that enterprises will find numerous points of intercept for existing and new workflows and are prepared to invest substantially in wearable solutions that deliver potentially transformative productivity and competitive benefits.”

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Jeff Jedras
Jeff Jedras
Jeff Jedras is a technology journalist with IT World Canada and a member of the IT Business team. He began his career in technology journalism in the late 1990s, covering the Ottawa technology sector for Silicon Valley North and the Ottawa Business Journal. He later covered the technology scene in Vancouver before joining IT World Canada in Toronto in 2005, covering enterprise IT for ComputerWorld Canada and the channel for Computer Dealer News. His writing has also appeared in the Vancouver Sun & the Ottawa Citizen.

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.