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Worldwide Wearables Market Shares, 2022: Apple Stays Out in Front as Worldwide Wearables Market Declines in 2022

Publisher IDC
Published Mar 14, 2023
Length 13 Pages
SKU # IDC17809788

Description

Worldwide Wearables Market Shares, 2022: Apple Stays Out in Front as Worldwide Wearables Market Declines in 2022

This IDC study examines the market share of the major vendors in the worldwide wearables market in 2022."Following years of steady growth and a period of hypergrowth during the COVID-19 pandemic, the worldwide wearables market has retreated," said Ramon T. Llamas, research director for IDC's Wearables team. "The good news is this has allowed companies to reach more customers with all varieties of devices. But the downside is that once that tranche of demand has been fulfilled, it could not be sustained. Combine that with replacement rates that can last as long as three years and the ongoing threat of an economic recession, the market suddenly finds itself in a waiting period for demand to return. This leaves companies up and down the wearables market scrambling to find pockets of demand in the interim."

Please Note: Extended description available upon request.

Table of Contents

13 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Apple
Google
Imagine Marketing
Market Context
Significant Market Developments
Methodology
Primary Data Sources
Secondary Sources
IDC's Worldwide Quarterly Wearable Device Tracker
Market Definition
Related Research

Pricing

Currency Rates
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