South Africa Wearable Ai Market Size & Outlook, 2023-2030
South Africa wearable ai market, 2018-2030 (US$M)
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South Africa wearable ai market highlights
- The South Africa wearable ai market generated a revenue of USD 326.7 million in 2023 and is expected to reach USD 2,111.0 million by 2030.
- The South Africa market is expected to grow at a CAGR of 30.5% 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 326.7 million |
| Market revenue in 2030 | USD 2,111.0 million |
| Growth rate | 30.5% (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, South Africa accounted for 1.2% 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 Middle East & Africa, South Africa wearable ai market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,111.0 million by 2030.
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Wearable AI Market Scope
Wearable AI Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 30.09% in 2023. Horizon Databook has segmented the South Africa wearable ai market based on smart watches, smart eyewear, smart earwear covering the revenue growth of each sub-segment from 2018 to 2030.
- South Africa Wearable AI Type Outlook (Revenue, USD Million, 2018-2030)
- Smart Watches
- Smart Eyewear
- Smart Earwear
- Services
- Instruments & Accessories
- Others
- South Africa 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
- South Africa Wearable AI Operation Outlook (Revenue, USD Million, 2018-2030)
- On-Device
- Cloud-Based
- South Africa Wearable AI Component Outlook (Revenue, USD Million, 2018-2030)
- Processor
- Connectivity IC
- Sensors
- Software
- Hardware
- Services
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Target buyers of South Africa 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 country-level data and insights on the South Africa wearable ai market , including forecasts for subscribers. This country databook contains high-level insights into South Africa wearable ai market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa wearable ai market size, by type, 2018-2030 (US$M)
South Africa Wearable AI Market Outlook Share, 2023 & 2030 (US$M)
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