TECH SUPPLIER May 2021 - Market Forecast - Doc # CA47490121

Canadian Wearable Computing Device Forecast, 2021–2025

By: Shahd ElashriAssociate Analyst, Wearables & Consumer Research

Abstract

This IDC study presents the Canadian wearable computing device forecast for the 2021–2025 period. IDC Canada's wearables forecast incorporates multiple metrics to determine the outcomes, including growth rates, average selling prices (ASPs), and foreseeable market developments.

"Unlike other markets, the wearables market is still experiencing continuous innovation to its use cases and offerings. As a result, wearables vendors must future proof their offerings with viable technological advancements to continue attracting wearables consumers. The wearables market will also start to see wider offerings and multiple feature sets from each vendor, in efforts to attract a broader group of consumers," says Shahd Elashri, associate analyst, Canadian Consumer Services and Mobility.


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