Global Wearable Computing Market Size & Outlook
The wearable computing industry worldwide is expected to reach a projected revenue of US$ 244,436.4 million by 2030. A compound annual growth rate of 20.2% is expected of the worldwide wearable computing industry from 2024 to 2030.
Revenue, 2023 (US$M)
$67,478.0
Forecast, 2030 (US$M)
$244,436.4
CAGR, 2024 - 2030
20.2%
Report Coverage
Worldwide
Global wearable computing market, 2017-2030 (US$M)
Related Markets
Global wearable computing market highlights
- The global wearable computing market generated a revenue of USD 67,478.0 million in 2023 and is expected to reach USD 244,436.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 20.2% by 2030.
- In terms of segment, fitness trackers accounted for a revenue of USD 23,419.4 million in 2023.
- Head Mount Displays is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 67,478.0 million |
| Market revenue in 2030 | USD 244,436.4 million |
| Growth rate | 20.2% (CAGR from 2023 to 2030) |
| Largest segment | Fitness trackers |
| Fastest growing segment | Head Mount Displays |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Watches, Smart Jewlery, Fitness Trackers, Body-worn Cameras, Head Mount Displays |
Other key industry trends
- In terms of revenue, the North America accounted for 40.6% of the global wearable computing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 67,446.7 million by 2030.
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Wearable Computing Market Scope
Wearable computing market segmentation & scope
General Consumer
Fitness, sports, and wellness
Gaming & REC
Home Entertainment
Fashion & apparel
Healthcare
Defense & Security
Enterprises & Industrial
Wearable Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global wearable computing 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 computing market will help companies and investors design strategic landscapes.
fitness trackers was the largest segment with a revenue share of 34.71% in 2023. Horizon Databook has segmented the Global wearable computing market based on smart watches, smart jewlery, fitness trackers, body-worn cameras, head mount displays covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Wearable Computing Product Outlook (Revenue, USD Million, 2017-2030)
- Smart Watches
- Smart Jewlery
- Fitness Trackers
- Body-worn Cameras
- Head Mount Displays
- Others
- Global Wearable Computing Connectivity Outlook (Revenue, USD Million, 2017-2030)
- Bluetooth
- Wi-Fi
- 4G/5G
- Others
- Global Wearable Computing Application Outlook (Revenue, USD Million, 2017-2030)
- Consumer
- General Consumer
- Fitness, sports, and wellness
- Gaming & REC
- Home Entertainment
- Fashion & apparel
- Non-Consumer
- Healthcare
- Defense & Security
- Enterprises & Industrial
- Consumer
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Target buyers of Global wearable computing market databook
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Our clientele includes a mix of wearable computing 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 computing market , including forecasts for subscribers. This global databook contains high-level insights into Global wearable computing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global wearable computing market statistics, by regions, 2017-2030 (US$M)
Top 10 countries: Wearable computing market size, 2023 (USD Million)
Top 10 countries: Wearable computing market size, 2023 (USD Million)
Global wearable computing market, by region, 2023 (US$M)
Related regional statistics
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