PUBLISHER: IDC | PRODUCT CODE: 1416257
PUBLISHER: IDC | PRODUCT CODE: 1416257
Worldwide Wearable Computing Device Forecast, 2024-2028: CY 1Q24
This IDC study presents an updated forecast for the worldwide wearable computing device market for 2024-2028."As the worldwide wearables market takes slow steps toward maturity, we keep finding new products and opportunities," points out Ramon T. Llamas, research director for IDC's Wearables team. "New products like glasses and rings are starting to gain salience. Artificial intelligence will also play a key role in defining how owners can use wearables. And first-time users within emerging markets will find fully featured devices that fit their budgets. All of these and more keep pushing the wearables market up and to the right."
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
- Strong Replacement Rates
- Proliferation of Products
- Impact of Artificial Intelligence on Wearables
- 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
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