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U.S. Wearable Computing Device Forecast, 2023-2027: CY 1Q23

U.S. Wearable Computing Device Forecast, 2023-2027: CY 1Q23

  • Publish Date:January 2023

  • Number of Pages:14

  • Report ID:6383685

  • Format:PDF

  • Publisher:IDC

$ 4500

Summary

This IDC study presents the U.S. wearable computing device forecast for the 2023-2027 period."Having witnessed strong growth and high volumes during the pandemic, the U.S. wearables market cooled down in 2022, and we expect that trend to continue in 2023, albeit at a lower rate," says Ramon T. Llamas, research director for IDC's Wearables team. "Vendors should look to replacement opportunities while customers will be on the search for bargains and best-of-breed devices and solutions. Beyond that, the fundamentals of the market are sound with first-time users waiting to be connected and a growing list of devices."

Table of contents

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Market Forecast

Basic Wearables Versus Advanced Wearables

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 Vendors

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Related Research

Methodology

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