Apple, Samsung, Huawei, and Xiaomi have been joined in the top ten wearable companies by three Indian players with Imagine Marketing taking second place after Apple.
The wearables market is forecast to have a five-year CAGR of 5.1% as unit shipments reach 628.3 million by the end of 2026.
IDC now expects smartwatches, inclusive of those that run a high-level operating system such as an Apple Watch or Wear OS watch, as well as those running on a real-time operating system (RTOS), such as those from Polar, Withings, OnePlus, or others, to grow with a 6.3% CAGR while hearables will experience a 5.1% CAGR over the same period.
