Australia Wearable Ai Market Size & Outlook, 2023-2030
Australia wearable ai market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 524.2 million |
| Market revenue in 2030 | USD 3,442.4 million |
| Growth rate | 30.8% (CAGR from 2023 to 2030) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Earwear |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Watches, Smart Eyewear, Smart Earwear |
| Key market players worldwide | Amazon.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 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
Australia wearable ai market size, by type, 2018-2030 (US$M)
Australia Wearable AI Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
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.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
