Fitbit’s new Blaze watch. Image source: Fitbit.
Wearables have been touted as the next big thing in consumer technology. The newest report from International Data Corporation, or IDC, confirms the catch-all designation of smartwatches, fitness trackers, trackable clothing, and eyewear is slated to grow 20% annually though 2020 — much higher than growth estimates for traditional computing devices like computers, smartphones, and tablets.