U.S. Wearable Computing Device Forecast Update, 2023–2027: CY 3Q23
This IDC study presents the U.S. wearable computing device forecast for the 2023–2027 period."2023 will be a continuation of the downward slide in the wearables market, although it will be much less impactful compared with 2022," says Ramon T. Llamas, research director, IDC's Wearables team. "Growth will return in 2024 and continue at a slower pace in the following years. We do not expect volumes to return to their record levels during the pandemic but will be in line with levels prior to that period and hold steady from there."
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
- Iteration Beyond Second-Generation Devices
- Entrance of More Vendors and Devices
- Proliferation of Products
- 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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