Australia Wearable Ai Market Size & Outlook, 2023-2030

The wearable ai market in Australia is expected to reach a projected revenue of US$ 3,442.4 million by 2030. A compound annual growth rate of 30.8% is expected of Australia wearable ai market from 2024 to 2030.
Revenue, 2023 (US$M)
$524.2
Forecast, 2030 (US$M)
$3,442.4
CAGR, 2024 - 2030
30.8%
Report Coverage
Australia

Australia wearable ai market highlights

  • The Australia wearable ai market generated a revenue of USD 524.2 million in 2023 and is expected to reach USD 3,442.4 million by 2030.
  • The Australia market is expected to grow at a CAGR of 30.8% from 2024 to 2030.
  • In terms of segment, smart watches was the largest revenue generating type in 2023.
  • Smart Earwear is the most lucrative type segment registering the fastest growth during the forecast period.

Wearable ai market data book summary

Market revenue in 2023USD 524.2 million
Market revenue in 2030USD 3,442.4 million
Growth rate30.8% (CAGR from 2023 to 2030)
Largest segmentSmart watches
Fastest growing segmentSmart Earwear
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmart Watches, Smart Eyewear, Smart Earwear
Key market players worldwideAmazon.com Inc, Alphabet Inc Class A, Garmin Ltd, Huawei Technologies, International Business Machines Corp, Motorola Solutions Inc, TomTom NV, Apple Inc, Samsung Electronics Co Ltd, Sony Group Corp, Fitbit, Deep Genomics, Data4Cure, Fabric Genomics (formerly Omicia)

Other key industry trends

  • In terms of revenue, Australia accounted for 2.0% of the global wearable ai market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan wearable ai market is projected to lead the regional market in terms of revenue in 2030.
  • South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,592.5 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Wearable AI Market Scope

Wearable ai market segmentation & scope
Services
Instruments & Accessories
Others
Drug Discovery & Development
Precision Medicine
Diagnotics
Others
Drug Optimization & Repurposing
Preclinical Testing
Orthopedics
Neurology
Urology
Gynecology
Software
Hardware
Services

Wearable AI Market Companies

Name Profile # Employees HQ Website

Australia 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 30.08% in 2023. Horizon Databook has segmented the Australia wearable ai market based on smart watches, smart eyewear, smart earwear covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Wearable AI Type Outlook (Revenue, USD Million, 2018-2030)
    • Smart Watches
    • Smart Eyewear
    • Smart Earwear
    • Services
    • Instruments & Accessories
    • Others
  • Australia 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
  • Australia Wearable AI Operation Outlook (Revenue, USD Million, 2018-2030)
    • On-Device
    • Cloud-Based
  • Australia Wearable AI Component Outlook (Revenue, USD Million, 2018-2030)
    • Processor
    • Connectivity IC
    • Sensors
    • Software
    • Hardware
    • Services

Reasons to subscribe to Australia wearable ai market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Australia wearable ai market databook

  • Our clientele includes a mix of wearable ai market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Australia wearable ai market , including forecasts for subscribers. This country databook contains high-level insights into Australia wearable ai market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Australia wearable ai market size, by type, 2018-2030 (US$M)

Australia Wearable AI Market Outlook Share, 2023 & 2030 (US$M)

Australia wearable ai market size, by type, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more