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PUBLISHER: IDC | PRODUCT CODE: 1191379

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PUBLISHER: IDC | PRODUCT CODE: 1191379

Worldwide Wearable Computing Device Forecast, 2023-2027: CY 1Q23

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PAGES: 18 Pages
DELIVERY TIME: 1-2 business days
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This IDC study presents the worldwide wearable computing device forecast for the 2023-2027 period."Having reached a high-water mark in 2021, the worldwide wearables market started to cool off in 2022," points out Ramon T. Llamas, research director for IDC's Wearables team. "2023 will be the start of the rebound with multiple vendors and devices poised to take advantage of replacement cycles with improved feature sets. Likewise, less expensive legacy devices will cater to more price-sensitive users. The end result is continued growth for a maturing market."

Product Code: US49996523

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
      • Iteration Beyond Second-Generation Devices
      • Entrance of More Vendors and Devices
      • Proliferation of Products
    • 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

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