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