Worldwide Advanced Smartwatch Forecast Update, 2023–2027: CY 4Q23
This IDC study discusses the forecast for the worldwide advanced smartwatch market for 2023–2027."Worldwide macroeconomic headwinds will affect most markets, including advanced smartwatches," points out Ramon T. Llamas, research director for IDC's Wearables program. "Although we anticipate a decline in shipments in 2023, the decline will be slight and short lived as volumes pick back up again in 2024. Until then, the steady stream of new advanced smartwatches will keep the selection fresh and new users will help drive both the market and the installed base higher."
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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