Forecast Report

Forrester Research Consumer Wearables Forecast, 2016 To 2021 (US)

ForecastView Spreadsheet

March 29th, 2016
SW
Susan Wu

Summary

When Forbes dubbed 2014 to be “the year of wearable technology,” it was clear the market was anticipating an explosion of smart computing devices meant to be worn on the body (Source: Ewan Spence, “2014 Will Be The Year Of Wearable Technology,” Forbes, November 2, 2013 [http://www.forbes.com/sites/ewanspence/2013/11/02/2014-will-be-the-year-of-wearable-technology/#269ce50f3e53]). The explosion of wearable devices finally happened in 2015, but there is still much speculation about its extension into the future. This forecast tracks the consumer wearables installed base and device ownership. It also includes details on units sold and sales revenue by type of wearable: fitness activity trackers, hearables, smartwatches, and others. It includes historical data from 2015 plus a five-year forecast.

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