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Worldwide Wearables Installed Base Forecast, 2024–2028

Publisher IDC
Published May 17, 2024
Length 14 Pages
SKU # IDC18791611

Description

Worldwide Wearables Installed Base Forecast, 2024–2028


This IDC study discusses a five-year forecast for the worldwide wearables installed base. "The worldwide installed base of wearable devices continues to swell with a steady stream of device releases and upgrades combined with consumer tendency to use those devices upward of three years," says Ramon T. Llamas, research director for IDC's Wearables team. "This provides vendors ample opportunity to capture mind share and market share, but also provides reason to differentiate against an increasingly crowded market to avoid becoming a commodity."

Please Note: Extended description available upon request.

Table of Contents

14 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Installed Base by Product
Advanced Smartwatch Installed Base by OS
Market Context
Drivers and Inhibitors
Drivers
Replacement Rates
Shipment Volumes
Increased Selection of Wearable Devices
Inhibitors
Lukewarm Reception Within the Mass Market
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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