IDC predicts 14M Apple Watch sales in 2016, growing to 31M in 2020

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in Apple Watch
The wearable smartwatch market will continue to grow for the foreseeable future, research firm IDC believes, with the Apple Watch forecast to continue earning the most sales through the year 2020.




IDC's latest predictions for the smartwatch market were published on Thursday, hypothesizing that the Apple Watch will command a 49.4 percent share of the smartwatch market this year with sales of 14 million units. That's well ahead of Android Wear, which IDC believes will take second place with a 21.4 percent share on 6.1 million units.

In comparison, one recent forecast suggested the Apple Watch captured 63 percent of smartwatch shipments in 2015. Apple, however, has not disclosed official Apple Watch sales figures.




IDC believes the smartwatch market will mimic the smartphone space, with Apple's watchOS and Google's Android Wear proving to be the two biggest players, accounting for the lion's share of the space.

In its long-term forecast, IDC believes the Apple Watch will represent 37.6 percent of smartwatch sales in 2020, with 31 million units. Android Wear is predicted to close the gap somewhat, but still trail Apple, with a 35 percent share on sales of 28.8 million units.

Apple Watch and Android Wear are predicted to account for just a quarter of all wearable devices this year, growing to about a third of the market by 2020. IDC believes traditional watch makers should focus on basic fitness or sleep tracking functions that can operate silently, without the need for a complex operating system or dedicated ecosystem of apps.

"With few exceptions, this part of the smartwatch market is still in its initial stages," said Ramon Llamas, Research Manager for IDC's Wearables team. "We expect to see major changes, with smartwatches that actually look like watches, user interfaces that are easier than swipes and gestures, applications that rival those on our smartphones, and connections to networks, systems, and other devices. This puts pressure on smartwatch platforms to develop further from where they are today."

Comments

  • Reply 1 of 6
    Dude.  Do we have a reason to think IDC has "met its equal?"  Sniff sniff ... yes!     http://dilbert.com/strip/2016-03-14
  • Reply 2 of 6
    foggyhillfoggyhill Posts: 4,767member
    They likely sold more than 14M in 2015, so that's a bit laughable. The number will be over 20M, higher if the Apple Watch 2 comes out at the end of the year.
    badmonkcornchip
  • Reply 3 of 6
    schlackschlack Posts: 686member
    most people i know who have bought an apple watch really enjoy it. while most people i know who haven't bought one can't understand why they would buy one. funny.
    brakkencornchip
  • Reply 4 of 6
    mac_128mac_128 Posts: 3,399member
    foggyhill said:
    They likely sold more than 14M in 2015, so that's a bit laughable. The number will be over 20M, higher if the Apple Watch 2 comes out at the end of the year.
    I'm not sure that's the case. Personally, I feel like given the limited market of over 400 million active iPhones worldwide, the majority of them who wanted the first generation Watch have already bought one. At this point, 14 million is less than ~4% of the potential market. It will be interesting to see how the 2nd quarter post holiday results turn out for the "other" category, but I think while steady sales will continue, it will be at a much slower pace than the initial launch year. We'll see. If that's the case, not releasing a 2nd gen watch a year after the initial launch as rumored, could cost them new sales for the remainder of this year. But maybe that's a sacrifice they're prepared to make to be better prepared and make a bigger impact next year.
    cornchip
  • Reply 5 of 6
    brakkenbrakken Posts: 677member
    The only reason AI would ever mention IDC or SA is ridicule, yet I detected none. Where is Dilger??
    jony0cornchip
  • Reply 6 of 6
    jony0jony0 Posts: 269member
    brakken said:
    The only reason AI would ever mention IDC or SA is ridicule, yet I detected none. Where is Dilger??
    Oh no, IDC predicting Apple will have the lead in 4 years ? This could be the kiss of death !
    After all their 4 year prediction of the smartphone market back in 2011 gave Windows a slight lead overtaking iOS by 2015 : 
    http://www.macobserver.com/tmo/article/revisiting-gartner-and-idc-2011-predictions-that-windows-phone-would-pass-i?utm_campaign=tmo_story_sidebar
    Dooooomed !

    Seriously, I also detected none but I believe your original assessment is quite correct, it's just for laughs.
    I sense they may have published this for future claim chowder … as they probably assume that we all know these clowns can't even predict the next quarter, let alone 4 years.
    cornchip
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