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Worldwide Wearables Forecast Update, 2016–2020: CY 4Q16

Worldwide Wearables Forecast Update, 2016–2020: CY 4Q16

This IDC study presents an updated five-year forecast for the worldwide wearables market."The worldwide wearables market continues to lay down a strong foundation to build upon while branching out in new directions," says Ramon Llamas, research manager for IDC's Wearables team. "Basic wearables — through fitness trackers — have demonstrated their simple and readily understandable value proposition, and many vendors have succeeded here. Smart wearables — primarily through smartwatches — have yet to gain a widespread following but demonstrate that a multipurpose wearable device can find a warm reception, even as it evolves from its initial steps. Taken together, these set up a future for additional features and experiences and ultimately raise their collective value proposition."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Cellular Connectivity Coming to Wearables
The Growing Need for Sensors
Processor Development
Waterproofing Becoming Must-Have Feature
Materials Matter
Market Forecast
Basic Wearables Versus Smart Wearables
Wearables Forecast by Region
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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