On March 9, Apple launched its new flagship wearable product, the Apple Watch. The device is equipped with inductive charging technology, based around Apple's proprietary MagSafe charging solution.
IHS predicts that Apple will ship an estimated 18 million Apple Watches in 2015, driving the increase of inductive (closely-coupled) wireless charging solutions within wearable technology in the short-term future.
In the last five years, wearable technology has seen a surge in releases of fitness and wellbeing applications, and infotainment applications in particular. Wearable technology is currently one of the most compelling emerging markets for wireless charging. IHS forecasts that over 200 million wireless charging-enabled receiver and transmitter units will be shipped into the wearables market in 2019, generating over $1 billion in revenue in that year alone.
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