Worldwide Smartwatch Forecast Update, 2022-2026: CY 4Q22

Worldwide Smartwatch Forecast Update, 2022-2026: CY 4Q22

This IDC study discusses the forecast for the worldwide smartwatch market for 2022–2026."The worldwide smartwatch market is poised for slower growth in the years to come as it takes slow but sure steps toward maturity," says Ramon T. Llamas, research director for IDC's Wearables program. "Ongoing macroeconomic and inflationary challenges will keep growth in check in 2022, but in the years that follow, broader device selections appealing to a wide swath of users will keep volumes moving higher. This gives vendors space to grow and warrants further innovation to stand out in a crowded marketplace."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Smartwatch Forecast by Operating System
Smartwatch Cellular Connectivity Forecast
Smartwatch Forecast by Region
Smartwatch Forecast by Segment
Market Context
Drivers and Inhibitors
Drivers
Iteration Beyond First- and Second-Generation Devices
Entrance of More Vendors and Devices
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
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