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Worldwide Advanced Smartwatch Forecast, 2024–2028: CY 2Q24

Publisher IDC
Published Apr 19, 2024
Length 18 Pages
SKU # IDC18710731

Description

Worldwide Advanced Smartwatch Forecast, 2024–2028: CY 2Q24


This IDC study presents a five-year forecast for the worldwide advanced smartwatch market."2024 will mark a strong rebound for the worldwide smartwatch market," says Ramon T. Llamas, research director, IDC's Wearables program. "2023 was marred by economic uncertainty and inflationary headwinds, but the appetite for smartwatches remained reasonably strong. 2024 will see a combination of new devices from several key vendors arrive on market as well as a new cycle of replacements and upgrades. These will set up continued growth in the years ahead."

Please Note: Extended description available upon request.

Table of Contents

18 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Advanced Smartwatch Forecast by Operating System
Advanced Smartwatch Cellular Connectivity Forecast
Advanced Smartwatch Forecast by Region
Advanced Smartwatch Forecast by Segment
Market Context
Drivers and Inhibitors
Drivers
New Users and Returning Users
Constantly Updated Feature Sets
Introduction of New Silicon Solutions
Inhibitors
Lukewarm Reception Within the Mass Market
Exodus of Smartwatch Vendors
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Primary Data Sources
Secondary Sources
IDC's Worldwide Quarterly Wearable Device Tracker
Related Research
How Do Licenses Work?
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