Worldwide Advanced Smartwatch Forecast, 2024–2028: CY 2Q24
This IDC study presents a five-year forecast for the worldwide advanced smartwatch market."2024 will mark a strong rebound for the worldwide smartwatch market," says Ramon T. Llamas, research director, IDC's Wearables program. "2023 was marred by economic uncertainty and inflationary headwinds, but the appetite for smartwatches remained reasonably strong. 2024 will see a combination of new devices from several key vendors arrive on market as well as a new cycle of replacements and upgrades. These will set up continued growth in the years ahead."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Advanced Smartwatch Forecast by Operating System
- Advanced Smartwatch Cellular Connectivity Forecast
- Advanced Smartwatch Forecast by Region
- Advanced Smartwatch Forecast by Segment
- Market Context
- Drivers and Inhibitors
- Drivers
- New Users and Returning Users
- Constantly Updated Feature Sets
- Introduction of New Silicon Solutions
- Inhibitors
- Lukewarm Reception Within the Mass Market
- Exodus of Smartwatch 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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