Categories Earnings, Technology, U.S. Markets News

One in four smartwatches in 2023 will be produced by Apple: Report

Apple will establish leadership in the smartwatch segment in the next 4 years, a recent study reveals. The IDC Worldwide Quarterly Wearable Device Tracker predicts that the iPhone maker will capture 25.9% of smartwatch market share by 2023.   

Other brands, which run on operating systems such as Android, Tizen and WearOS will make up the rest of the market share, the report says.  

apple watch
(Image Courtesy: Alvaro Reyes/Unsplash)

Overall sales of smartwatches are predicted to grow to 131.6 million units from 91.8 million units between 2019 and 2023 at a compound annual growth rate (CAGR) of 9.4%.

Research manager at IDC Jitesh Ubrani said, “Among all watches, close to half will have the ability to connect to a cellular network by 2023 as consumers along with enterprises and healthcare look to free the watch from the phone and as telcos push forward subsidies or financing options for watches with cellular service.”

Watches, earwear to drive wearables

According to IDC, the global shipment of wearable devices will grow at a CAGR of 7.9%. Global shipments are expected to grow to 302.3 million units by 2023, from 222.9 million units expected by the end of this year.

Over 70% of these shipments will be constituted by earwear devices and smartwatches. Ear-worn devices are projected to grow to 105.3 million in 2023 from 72 million units expected this year.

“Ear-worn devices, while still centered on providing audio, will nudge into other areas like language translation, smart assistant deployment, and coaching,” said IDC research director Ramon T. Llamas.

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Most Popular

McCormick (MKC) expects pricing to drive sales growth for the full year of 2022

Shares of McCormick & Co. Inc. (NYSE: MKC) were up on Thursday after the company beat sales estimates for the third quarter of 2022. Adjusted earnings, however, decreased from the

STZ Infographic: Highlights of Constellation Brands’ Q2 2023 earnings results

Constellation Brands, Inc. (NYSE: STZ) announced second-quarter 2023 earnings results on Thursday, reporting a 12% increase in net sales. Comparable earnings, adjusted for one-off items, climbed 33% year-over-year to $3.17

Conagra Brands (CAG) Q1 earnings beat estimates on higher revenues

Packaged Foods company Conagra Brands Inc. (NYSE: CAG) on Thursday said its first-quarter profit increased supported by a 10% revenue growth. Earnings also came in above the consensus forecast. At $2.90

Comments

  1. Pingback: teak furniture
  2. Pingback: ไฮโล
  3. Pingback: Heavy-R
  4. Pingback: Heavy News
  5. Pingback: ff tools hack
  6. Pingback: ff tools
  7. Pingback: hacendado
  8. Pingback: bargain
  9. Pingback: TikTok 18 plus
  10. Pingback: Thoptv
  11. Pingback: FFH4X
  12. Pingback: épave automobile
  13. Pingback: Epaviste gratuit
  14. Pingback: enlevement epave
  15. Pingback: épave automobile
  16. Pingback: Epaviste gratuit
  17. Pingback: Epaviste
  18. Pingback: épave automobile
  19. Pingback: épave automobile
  20. Pingback: enlevement epave
  21. Pingback: enlevement epave
  22. Pingback: enlevement epave
  23. Pingback: Epaviste
  24. Pingback: enlevement epave
  25. Pingback: enlevement epave
  26. Pingback: sexy
  27. Pingback: เว็บ123
  28. Pingback: ไพ่แคง
  29. Pingback: sa casino
  30. Pingback: naza
  31. Pingback: push carts vape
  32. Pingback: 500 mg thc edible
  33. Pingback: Weed Delivery
  34. Pingback: ps5 disc version
  35. Pingback: WordPress Hosting
  36. Pingback: enlevement epave
  37. Pingback: Epaviste gratuit
  38. Pingback: Epaviste
  39. Pingback: Hemp T-shirt
  40. Pingback: cereal milk strain
  41. Pingback: white runtz
  42. Pingback: 500mg THC Gummies
  43. Pingback: Weed Strains
  44. Pingback: amazon
  45. Pingback: Buy This Domain
  46. Pingback: fishscale cocaine
  47. Pingback: buy 5meo dmt
  48. Pingback: classic books
  49. Pingback: Las Vegas models
  50. Pingback: Qualified Writings
  51. Pingback: Iphone Wallpaper
  52. Pingback: Buy This Domain
  53. Pingback: Best Tech Blog
  54. Pingback: Infinix Phones
  55. Pingback: russian store
  56. Pingback: slayer sneakers
  57. Pingback: slayer sneakers
  58. Pingback: slayer sneakers
  59. Pingback: w320axgf-9-bxr3-r2
  60. Pingback: maui tile
  61. Pingback: bathroom tile
  62. Pingback: tile lowe's
  63. Pingback: Buy Cocaine Online
  64. Pingback: facial machines
  65. Pingback: zemits meister
  66. Pingback: aesthetic machines
  67. Pingback: zemits meister
  68. Pingback: sports news
  69. Pingback: market news
  70. Pingback: cookies
  71. Pingback: disclaimer
  72. Pingback: Business news
  73. Pingback: Breaking news
  74. Pingback: lifestyle
  75. Pingback: Trending videos
  76. Pingback: Technology news
  77. Pingback: ovid news
  78. Pingback: discover here
  79. Pingback: More Info
  80. Pingback: Firearms Site
  81. Pingback: Glock 17 for Sale
  82. Pingback: Colt 1911 for Sale
  83. Pingback: 45 ACP Ammo
  84. Pingback: Guns on Sale
  85. Pingback: SpytoStyle.Com
  86. Pingback: SpyToStyle
  87. Pingback: SpytoStyle.Com
  88. Pingback: spytostyle.com
  89. Pingback: SpytoStyle.Com
  90. Pingback: SpytoStyle.Com
  91. Pingback: SpytoStyle.Com
  92. Pingback: ban ca h5
  93. Pingback: g88vin
  94. Pingback: minecraft lmhmod
  95. Pingback: so em xui
  96. Pingback: Game bài
Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top