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Worldwide Wearable Computing Device Forecast, 2024-2028: CY 1Q24

Publisher IDC
Published Jan 25, 2024
Length 19 Pages
SKU # IDC18458207

Description

Worldwide Wearable Computing Device Forecast, 2024-2028: CY 1Q24


This IDC study presents an updated forecast for the worldwide wearable computing device market for 2024–2028."As the worldwide wearables market takes slow steps toward maturity, we keep finding new products and opportunities," points out Ramon T. Llamas, research director for IDC's Wearables team. "New products like glasses and rings are starting to gain salience. Artificial intelligence will also play a key role in defining how owners can use wearables. And first-time users within emerging markets will find fully featured devices that fit their budgets. All of these and more keep pushing the wearables market up and to the right."

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
Strong Replacement Rates
Proliferation of Products
Impact of Artificial Intelligence on Wearables
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
How Do Licenses Work?
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