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Worldwide Advanced Smartwatch Forecast Update, 2023–2027: CY 4Q23

Publisher IDC
Published Oct 19, 2023
Length 18 Pages
SKU # IDC18269000

Description

Worldwide Advanced Smartwatch Forecast Update, 2023–2027: CY 4Q23


This IDC study discusses the forecast for the worldwide advanced smartwatch market for 2023–2027."Worldwide macroeconomic headwinds will affect most markets, including advanced smartwatches," points out Ramon T. Llamas, research director for IDC's Wearables program. "Although we anticipate a decline in shipments in 2023, the decline will be slight and short lived as volumes pick back up again in 2024. Until then, the steady stream of new advanced smartwatches will keep the selection fresh and new users will help drive both the market and the installed base higher."

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

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