After experiencing two consecutive quarters of decline, the wearable device market rebounded in the second quarter of 2023, registering an impressive 8.5% year-over-year growth, according to a report by the IDC.
This resurgence in the market saw a total of 116.3 million wearable devices shipped during the quarter. However, this growth came at the expense of a decline in overall market value, primarily due to increased competition and retailers offering discounts to reduce excess inventory.
This post is for subscribers only
Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Subscribe now
Already have an account? Log in
