Author: Raskia D'Souza
Date Published:
This global wearables market report provides an updated outlook for developments in wearables technologies. Products covered include fitness and connected watches, wearable smartphones, hearables and extended reality head mounted displays, with forecasts out to 2027.
The report acts as a strategic framework for any enterprise launching wearable tech, or operating within the wearables market and its adjacent sectors.
The wrist-worn wearables segment is expected to grow by 7.2% in 2023, reaching 195m unit shipments. Wearables are being impacted by the global cost-of-living crisis, which is resulting in extended replacement cycles for the devices.
Fortunately, supply chain issues are easing, and the segment is evolving, but not seeing significant innovations.
Sports and smart watches are introducing interchangeable features more than ever, blurring the lines between the two categories. Futuresource expects that these segments will soon merge into a unified hybrid category.
| 55-page comprehensive PDF report
| Executive summary
| Enterprise wearables market
| Consumer wearables market
| Wearable device market share
| Wearables ecosystem development
| Wrist-worn wearable market overview
| Hearables market overview
| XR head mounted display market overview
| Market sizing, by quantifying and tracking worldwide sales of wearable technologies in fitness and connected watches, wearable smartphones, hearables, and extended reality head mounted displays.
| Market forecasting, with five-year sales forecasts, reviewing key product types and feature sets.
|Product, technology and competitive reviews, interpreting key market developments and trends.
Futuresource has been tracking, researching and consulting on the CE landscape for the more than 30 years. This publication is one in a series of research reports, produced to provide businesses with a fully rounded view of the market.
Any business with interests in wearables will benefit from this report, particularly:
| Manufacturers and their suppliers
| Intermediaries and supply chain
| Retailers
| CE market strategists, marketing and sales professionals
| Investors
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