Dateline City:
LONDON, U.K.
London (Jan. 15, 2015)—Propelled by the arrival of the Apple Watch, the global market for wireless power and charging in wearable applications is set to attain a gargantuan 3,000 percent expansion this year compared to 2014, according to IHS Technology (NYSE: IHS).
Global revenue this year from shipments of wireless power receivers and transmitters in wearable applications will surge to more than $480 million, up from just $15 million last year, as shown in the attached figure. By 2019, wireless charging in wearables will generate revenue exceeding $1 billion.
Language:
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