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U.S. Wearable Computing Device Forecast, 2024–2028: CY 1Q24

Publisher IDC
Published Jan 26, 2024
Length 16 Pages
SKU # IDC18458208

Description

U.S. Wearable Computing Device Forecast, 2024–2028: CY 1Q24


This IDC study presents the U.S. wearable computing device forecast for 2024–2028."Following two straight years of decline, the U.S. wearables market is set to rebound," says Ramon T. Llamas, research director, IDC's Wearables team. "2020 and 2021 saw terrific volumes of wearable device shipments due to the COVID-19 pandemic, followed next by a cooling off period as companies met consumer demand. We anticipate that 2024 will be the start of strong replacement cycles to push the market back up slowly."

Please Note: Extended description available upon request.

Table of Contents

16 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Basic Wearables Versus Advanced Wearables
Wearables Forecast by Product
Wearables Forecast by Segment
Market Context
Drivers and Inhibitors
Drivers
Strong Replacement Rates
Proliferation of Products
Impact of Artificial Intelligence on Wearables
Inhibitors
Lukewarm Reception Within the Mass Market
Exodus of Vendors
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research
How Do Licenses Work?
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