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Worldwide Wearable Applications Forecast Update, 2016–2020

Worldwide Wearable Applications Forecast Update, 2016–2020

This IDC study presents an updated five-year forecast for the worldwide wearable applications market."The good news is that app development targeting wearable devices has grown relatively well despite stalled unit volume growth," says John Jackson, vice president of Mobility and Consumer Research at IDC. "The bad news is that it remains subscale relative to the mobile app market. We see an inflection point in the 2018–2019 period as integrated cellular connectivity connects standalone apps with standalone devices. However, on the consumer side, direct and ad-supported revenue models will remain particularly challenged for the larger-scale smart watch category. We continue to see a large number of logical enterprise use cases for both workflow-specific and horizontal applications. Organizations with relatively more mature mobility profiles should be actively evaluating wearable apps as an additional source of efficiency and competitive advantage."


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Get Off the Fence and Target the Watch
Don't Be Left Out of the AI, Machine Learning, and Deep Learning Game
Wearable Apps Are Key to Enterprise Digital Transformation Strategies
Market Forecast
Market Context
Smart Watch Category Dominates Shipments with Apple and Google in Front
Why the Relatively Small Number of Apps?
Standalone Devices for Standalone Experiences: The Cellular Connection
Drivers and Inhibitors
Drivers
Reach
Ease of Development or Porting
Machine Learning/Deep Learning
Inhibitors
Lack of Revenue Visibility
Smartphone Dependence
Significant Market Developments
Changes from Prior Forecast
Market Definition
Enterprise and Consumer Apps
Eyewear Apps — Clarified
Watch Faces Are Included Despite Dilutive Effect
Smart Watch and Eyewear Categories Only
Methodology
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