Global Wearable Ai Market Size & Outlook, 2023-2030
Global wearable ai market, 2018-2030 (US$M)
Related Markets
Global wearable ai market highlights
- The global wearable ai market generated a revenue of USD 26,879.9 million in 2023 and is expected to reach USD 166,468.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 29.8% by 2030.
- In terms of segment, smart watches accounted for a revenue of USD 8,040.2 million in 2023.
- Smart Earwear is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 26,879.9 million |
| Market revenue in 2030 | USD 166,468.3 million |
| Growth rate | 29.8% (CAGR from 2023 to 2030) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Earwear |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Watches, Smart Eyewear, Smart Earwear |
Other key industry trends
- In terms of revenue, the North America accounted for 27.3% of the global wearable ai market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 1,376.7 million by 2030.
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Wearable AI Market Scope
Wearable AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global wearable ai 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 wearable ai market will help companies and investors design strategic landscapes.
Smart watches was the largest segment with a revenue share of 29.91% in 2023. Horizon Databook has segmented the Global wearable ai market based on smart watches, smart eyewear, smart earwear covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Wearable AI Type Outlook (Revenue, USD Million, 2018-2030)
- Smart Watches
- Smart Eyewear
- Smart Earwear
- Services
- Instruments & Accessories
- Others
- Global Wearable AI Application Outlook (Revenue, USD Million, 2018-2030)
- Consumer Electronics
- Healthcare
- Automotive
- Military & Defense
- Media & Entertainment
- Drug Discovery & Development
- Precision Medicine
- Diagnotics
- Others
- Drug Optimization & Repurposing
- Preclinical Testing
- Orthopedics
- Neurology
- Urology
- Gynecology
- Global Wearable AI Operation Outlook (Revenue, USD Million, 2018-2030)
- On-Device
- Cloud-Based
- Global Wearable AI Component Outlook (Revenue, USD Million, 2018-2030)
- Processor
- Connectivity IC
- Sensors
- Software
- Hardware
- Services
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Our clientele includes a mix of wearable ai market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wearable ai market , including forecasts for subscribers. This global databook contains high-level insights into Global wearable ai market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global wearable ai market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wearable ai market size, 2023 (US$M)
Global wearable ai market share, by type, 2023 & 2030 (%, US$M)
Wearable ai market: Opportunity assessment by country
Global wearable ai market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,060.0 | 2,662.2 | 3,476.9 | 4,589.3 | 5,780.6 | 7,328.3 | 9,349.8 | 12,004.8 | 15,511.4 | 20,168.1 | 26,386.6 | 34,736.9 | 46,011.9 | 30.0% |
| Europe | 1,917.9 | 2,483.6 | 3,250.2 | 4,298.7 | 5,425.5 | 6,891.8 | 8,810.3 | 11,334.5 | 14,673.8 | 19,116.3 | 25,058.9 | 33,052.5 | 43,864.4 | 30.3% |
| Asia Pacific | 2,309.5 | 2,993.9 | 3,922.0 | 5,192.6 | 6,560.4 | 8,341.7 | 10,674.4 | 13,746.1 | 17,813.3 | 23,228.7 | 30,479.0 | 40,239.7 | 53,453.0 | 30.4% |
| Latin America | 942.7 | 1,185.5 | 1,505.7 | 1,931.6 | 2,362.8 | 2,906.8 | 3,595.9 | 4,473.1 | 5,594.2 | 7,033.6 | 8,889.4 | 11,292.3 | 14,416.2 | 25.7% |
| MEA | 401.3 | 517.4 | 674.2 | 887.9 | 1,115.9 | 1,411.4 | 1,796.7 | 2,301.6 | 2,967.2 | 3,849.3 | 5,024.9 | 6,600.2 | 8,722.9 | 29.7% |
| Overall | 7,631.4 | 9,842.7 | 12,829.0 | 16,900.0 | 21,245.2 | 26,879.9 | 34,227.0 | 43,860.1 | 56,560.0 | 73,396.0 | 95,838.8 | 125,921.6 | 166,468.4 | 29.8% |
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