Holiday Quarter Woes Contribute to a Full-Year Decline in Shipments of Wearable Devices
Global shipments of wearable devices declined 18.9% year over year in 4Q22 to 138.7 million units. Shipments for the full year 2022 were down 7.7% compared to 2021, marking the first year of decline for the category due to challenging macroeconomic conditions and difficult comparisons to the strong results of 2021. Despite the downturn, overall … Read more