Worldwide Wearables Installed Base Forecast, 2024–2028
This IDC study discusses a five-year forecast for the worldwide wearables installed base. "The worldwide installed base of wearable devices continues to swell with a steady stream of device releases and upgrades combined with consumer tendency to use those devices upward of three years," says Ramon T. Llamas, research director for IDC's Wearables team. "This provides vendors ample opportunity to capture mind share and market share, but also provides reason to differentiate against an increasingly crowded market to avoid becoming a commodity."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Installed Base by Product
- Advanced Smartwatch Installed Base by OS
- Market Context
- Drivers and Inhibitors
- Drivers
- Replacement Rates
- Shipment Volumes
- Increased Selection of Wearable Devices
- Inhibitors
- Lukewarm Reception Within the Mass Market
- 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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