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Worldwide Wearables Forecast, 2016–2020: April 2016

Worldwide Wearables Forecast, 2016–2020: April 2016

This IDC study presents a five-year forecast for the worldwide wearables market."The wearables market is heading for continued double-digit growth each year," says Ramon Llamas, research manager for IDC's Wearables team. "But aside from growth, we expect to reach several milestones: first, the wearables market will attract vendors from other markets, particularly fashion; second, that cellular connectivity will bring new use cases and value to end users; and third, that smart eyewear will appeal to enterprise users. Taken together alongside the assumptions we've long held for the wearables market, it becomes clearer that we are heading for continued growth in the years to come."


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
The Growing Need for Sensors
Processor Development
Developing Partnerships Outside of Technology
Materials Matter
It's Not About a Killer Device or a Killer App
Wanted: Prescriptive Data
Market Forecast
Basic Wearables Versus Smart Wearables
Wearables Forecast by Product
Average Selling Price and Value
Market Context
Drivers and Inhibitors
Drivers
Entrance of More Vendors and Devices
Proliferation of Products
Inhibitors
Lukewarm Reception Within the Mass Market
Constant Reliance on Smartphones
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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