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Worldwide Wearable Computing Device Forecast Update, 2023–2027: CY 3Q23

Publisher IDC
Published Jul 25, 2023
Length 19 Pages
SKU # IDC18089986

Description

Worldwide Wearable Computing Device Forecast Update, 2023–2027: CY 3Q23


This IDC study presents an updated forecast for the worldwide wearable computing device market for 2023–2027."2023 marks a slow recovery from the decline in wearable device shipments in 2022," points out Ramon T. Llamas, research director for IDC's Wearables team. "However, the fundamentals of the market are sound: worldwide adoption, broad selection, and a steady stream of replacements coupled with a still-growing user base. As economic recovery slowly returns and users refresh the devices they currently own, we will see volume continue to grow even as it steadily reaches maturity."

Please Note: Extended description available upon request.

Table of Contents

19 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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