The Apple Watch is one of the most popular wearables in the market today, where analysts have estimated that Apple had shipped 4.2 million units in Q3 2018, a number that seems to be increasing every year. However it seems that all good things must eventually come to an end, which the IDC has predicted will be 2022 .
According to the IDC’s predictions, it seems that they believe that the Apple Watch will remain a dominant piece of tech in the wearables space until 2022, where it is predicted that its market share will then start to decline. As it stands the Apple Watch is said to command a market share of 44.4%, but the IDC’s predictions claim that will fall to 35.8% in 2022.
It is unclear why they think the Apple Watch’s market share will decline, but they believe it is because other platforms, like Google’s Wear OS, could eventually play catch up. Alternatively it is possible that much like the smartphone market, the wearables market could hit maturity by that point.
Or it could also be that like the smartphone market, there could be newer models that offer up similar features at a much lower price. Either way there is still about 3-4 years to go before we’ll know if the IDC’s predictions have come true, but who knows, maybe then Apple would have innovated enough to allow them to continue maintaining their lead, much like they have done in the tablet space with the iPad.
Filed in . Read more about Apple Watch, Smartwatch and Wearable Tech.