Global Iot Wearable Device Market Size & Outlook
Global iot wearable device market, 2018-2030 (US$M)
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Global iot wearable device market highlights
- The global iot wearable device market generated a revenue of USD 8,277.2 million in 2024 and is expected to reach USD 22,070.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 17.5% by 2030.
- In terms of segment, sensors accounted for a revenue of USD 3,978.7 million in 2024.
- Processors is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 8,277.2 million |
| Market revenue in 2030 | USD 22,070.4 million |
| Growth rate | 17.5% (CAGR from 2025 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Processors |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Actuators, Processors, Edge Devices, Others Component |
Other key industry trends
- In terms of revenue, the North America accounted for 34.8% of the global iot wearable device market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,264.0 million by 2030.
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IoT Wearable Device Market Scope
IoT Wearable Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Robert Bosch GmbH | View profile | - | - | - |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Garmin Ltd | View profile | 19900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | https://www.garmin.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
Global iot wearable device market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot wearable device market will help companies and investors design strategic landscapes.
Sensors was the largest segment with a revenue share of 48.07% in 2024. Horizon Databook has segmented the Global iot wearable device market based on sensors, actuators, processors, edge devices, others component covering the revenue growth of each sub-segment from 2018 to 2030.
- Global IoT Wearable Device Component Outlook (Revenue, USD Million, 2018-2030)
- Sensors
- Actuators
- Processors
- Edge Devices
- Others Component
- Global IoT Wearable Device Type Outlook (Revenue, USD Million, 2018-2030)
- Smartwatches
- Fitness Bands
- Wearable AR/VR devices
- Others Type
- Global IoT Wearable Device Connectivity Outlook (Revenue, USD Million, 2018-2030)
- Wi-Fi
- Bluetooth
- Zigbee
- Cellular
- RFID
- Others Connectivity
- Global IoT Wearable Device End Use Outlook (Revenue, USD Million, 2018-2030)
- Smart Home
- Industrial IoT (IIoT)
- Healthcare
- Automotive and Transportation
- Retail
- Agriculture
- Energy and Utilities
- Smart Cities
- Wearables
- Consumer Electronics
- Others End Use
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Target buyers of Global iot wearable device market databook
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Our clientele includes a mix of iot wearable device market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global iot wearable device market , including forecasts for subscribers. This global databook contains high-level insights into Global iot wearable device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global iot wearable device market size, by regions, 2018-2030 (US$M)
Top 10 countries: Iot wearable device market size, 2024 (US$M)
Global iot wearable device market share, by component, 2024 & 2030 (%, US$M)
Iot wearable device market: Opportunity assessment by country
Global iot wearable device market, by region, 2024 (US$M)
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