U.S. Wearable Computing Device Forecast, 2024–2028: CY 1Q24
This IDC study presents the U.S. wearable computing device forecast for 2024–2028."Following two straight years of decline, the U.S. wearables market is set to rebound," says Ramon T. Llamas, research director, IDC's Wearables team. "2020 and 2021 saw terrific volumes of wearable device shipments due to the COVID-19 pandemic, followed next by a cooling off period as companies met consumer demand. We anticipate that 2024 will be the start of strong replacement cycles to push the market back up slowly."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Basic Wearables Versus Advanced Wearables
- Wearables Forecast by Product
- Wearables Forecast by Segment
- Market Context
- Drivers and Inhibitors
- Drivers
- Strong Replacement Rates
- Proliferation of Products
- Impact of Artificial Intelligence on Wearables
- Inhibitors
- Lukewarm Reception Within the Mass Market
- Exodus of Vendors
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Related Research
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