Europe Wearable Ai Market Size & Outlook, 2023-2030
Europe wearable ai market, 2018-2030 (US$M)
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Europe wearable ai market highlights
- The Europe wearable ai market generated a revenue of USD 6,891.8 million in 2023.
- The market is expected to grow at a CAGR of 30.3% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,891.8 million |
| Market revenue in 2030 | USD 43,864.4 million |
| Growth rate | 30.3% (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 |
| 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, Europe region accounted for 25.6% of the global wearable ai market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 53,453.0 million by 2030.
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Wearable AI Market Scope
Wearable AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 29.85% in 2023. Horizon Databook has segmented the Europe wearable ai market based on smart watches, smart eyewear, smart earwear covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Wearable AI Type Outlook (Revenue, USD Million, 2018-2030)
- Smart Watches
- Smart Eyewear
- Smart Earwear
- Services
- Instruments & Accessories
- Others
- Europe 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
- Europe Wearable AI Operation Outlook (Revenue, USD Million, 2018-2030)
- On-Device
- Cloud-Based
- Europe Wearable AI Component Outlook (Revenue, USD Million, 2018-2030)
- Processor
- Connectivity IC
- Sensors
- Software
- Hardware
- Services
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Target buyers of Europe wearable ai market databook
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Our clientele includes a mix of wearable ai 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 continent-level data and insights on the Europe wearable ai market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wearable ai market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe wearable ai market size, by country, 2018-2030 (US$M)
Europe Wearable AI Market Outlook Share, 2023 & 2030 (US$M)
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