-
- News
- Books
Featured Books
- design007 Magazine
Latest Issues
Current IssueSilicon to Systems: From Soup to Nuts
This month, we asked our expert contributors to weigh in on silicon to systems—what it means to PCB designers and design engineers, EDA companies, and the rest of the PCB supply chain... from soup to nuts.
Cost Drivers
In this month’s issue of Design007 Magazine, our expert contributors explain the impact of cost drivers on PCB designs and the need to consider a design budget. They discuss the myriad design cycle cost adders—hidden and not so hidden—and ways to add value.
Mechatronics
Our expert contributors discuss the advent of mechatronics in PCB design, the challenges and opportunities this creates for circuit board designers, and the benefits—to the employee and the company—of becoming a mechatronics engineer.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - design007 Magazine
Global Shipments of Wearable Devices Show Modest Growth and Strong Volume in Q3 2023
December 6, 2023 | IDCEstimated reading time: 1 minute
![](https://iconnect007.com/application/files/6717/0186/3297/IDC_Wearable.jpg)
Worldwide shipments of wearable devices grew 2.6% year over year during the third quarter of 2023 (3Q23) and reached an all-time high for the third quarter of 148.4 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. Total volume even surpassed shipments in 3Q21 (142.1 million) and 3Q22 (144.6 million) when sales were driven by pandemic-related spending. The growth is largely attributed to the rise of smaller brands and emerging categories.
"It's been a decade since the wearables market got off the ground and while there has been some consolidation, the market still has plenty of diversity in terms of brands and form factors," said Jitesh Ubrani, research manager, Mobility and Consumer Device Trackers at IDC. "Health and fitness tracking has come a long way since the original Fitbits and Pebble watches but the greatest driver of wearables has been the emergence of smaller and sleeker designs. Smart rings from newer brands such as Oura, Noise, BoAT, Circular and others are expected to jumpstart the new form factor in the coming quarters while also putting pressure on the incumbent brands to innovate on health tracking."
"Smartwatches and earwear still hold pride of place in the wearables market," added Ramon Llamas, research director, Mobile Devices and AR/VR. "These still resonate with consumers and continue to find their way to first-time users, especially among the most wary and price sensitive. This is where we can still see emerging vendors ship volumes high enough to rank among the leading brands. Combined with strong refresh cycles – including those who purchased a wearable as recently as 2020 – the wearables market has set up a strong fly wheel to keep volumes growing."
Suggested Items
Boeing Offers CH-47 Chinook for Poland’s Heavy Transport Helicopter Needs
09/06/2024 | BoeingBoeing is offering the CH-47 Chinook heavy-lift helicopter to Poland. The announcement was made at the annual MSPO International Defence Industry Exhibition where Boeing is highlighting advanced defense systems, capabilities and services.
U.S. Army Selects Saab’s AT4 Solution for Individual Assault Munition Program
09/05/2024 | SaabSaab’s new addition to the battle-tested AT4 family combines the capability of multiple existing shoulder-launched munitions while reducing soldier load, training complexity and logistics burden.
Global Smartphone Production Sees Slight Rebound in 3Q24 but Faces a 5% YoY Decline
09/05/2024 | TrendForceTrendForce reports that global smartphone production experienced a 3% quarterly dip, totaling 286 million units in 2Q24.
Global Wrist-Worn Device Market Ships Almost 44 Million Units in 2Q 2024, Led by China’s 10.9% YoY Growth
09/05/2024 | IDCKaynes Technology Selects Delvitech’s 3D AI-Based AOI Solutions to Keep Pioneering India’s Electronics Manufacturing
09/04/2024 | DelvitechDelvitech has announced that Kaynes Technology India Limited, a distinguished leader in electronic system design and manufacturing in India, has selected its cutting-edge 3D AI-based automated optical inspection (AOI) solutions. This strategic partnership marks a pivotal advancement in Kaynes Technology’s mission to remain at the forefront of the dynamic electronics industry.