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Worldwide Advanced Smartwatch Forecast Update, 2024–2028: 4Q24

Publisher IDC
Published Oct 10, 2024
Length 19 Pages
SKU # IDC19234600

Description

Worldwide Advanced Smartwatch Forecast Update, 2024–2028: 4Q24


This IDC study presents an updated five-year forecast for the worldwide advanced smartwatch market."The worldwide smartwatch market will rebound in 2024," says Ramon T. Llamas, research director for IDC's Wearables program. "The appetite for smartwatches is still strong, and the addition of artificial intelligence will enhance the overall health and fitness experience. Combined with a new cycle of replacement and upgrades and continued development, the future years of the market will show slow and steady upward growth."

Table of Contents

19 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

Pricing

Currency Rates
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