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Worldwide Wearable Computing Device Forecast, 2023-2027: CY 1Q23

Publisher IDC
Published Jan 17, 2023
Length 18 Pages
SKU # IDC17644405

Description

Worldwide Wearable Computing Device Forecast, 2023-2027: CY 1Q23

This IDC study presents the worldwide wearable computing device forecast for the 2023–2027 period."Having reached a high-water mark in 2021, the worldwide wearables market started to cool off in 2022," points out Ramon T. Llamas, research director for IDC's Wearables team. "2023 will be the start of the rebound with multiple vendors and devices poised to take advantage of replacement cycles with improved feature sets. Likewise, less expensive legacy devices will cater to more price-sensitive users. The end result is continued growth for a maturing market."

Please Note: Extended description available upon request.

Table of Contents

18 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Basic Wearables Versus Advanced Wearables
Wearables Forecast by Region
Wearables Forecast by Product
Wearables Forecast by Segment
Market Context
Drivers and Inhibitors
Drivers
Iteration Beyond Second-Generation Devices
Entrance of More Vendors and Devices
Proliferation of Products
Inhibitors
Lukewarm Reception Within the Mass Market
Exodus of Wearables 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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