U.S. Wearable Computing Device Forecast Update, 2017–2021: CY 4Q17
This IDC study presents an updated five-year forecast for the U.S. wearable computing device market."The U.S. wearables market is experiencing its fair share of growing pains while maintaining its upward trajectory," says Ramon T. Llamas, research manager, IDC's Wearables team. "The number of vendors exiting the market is being more than offset by the number of vendors and devices launching into the market, many with new features like cellular connectivity or virtual assistants. Moreover, higher demand among smartwatches and hybrid watches is making up for the softness in the fitness tracker market. Altogether, this sets up the market for continued evolution and growth, and cast a wider net to the mass market. Still, without a compelling reason for many users to own a wearable device, overall volumes and growth will remain in check throughout the forecast period."
Please Note: Extended description available upon request.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook