Global Wearable Computing Market Size & Outlook, 2023-2030
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.
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 Computing Market Scope
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
Reasons to subscribe to Global wearable computing 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 Global wearable computing market databook
-
Our clientele includes a mix of wearable computing 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 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.
Partial client list
Global wearable computing market size, by regions, 2017-2030 (US$M)
Top 10 countries: Wearable computing market size, 2023 (US$M)
Global wearable computing market share, by product, 2023 & 2030 (%, US$M)
Wearable computing market: Opportunity assessment by country
Global wearable computing market, by region, 2023 (US$M)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8,909.3 | 12,437.0 | 17,644.7 | 19,409.8 | 21,545.2 | 24,151.6 | 27,363.9 | 31,365.2 | 36,407.0 | 42,839.5 | 51,158.4 | 62,076.0 | 76,633.7 | 96,381.3 | 19.7% |
| Europe | 7,608.2 | 10,614.4 | 15,051.2 | 16,550.3 | 18,365.6 | 20,583.3 | 23,319.1 | 26,729.6 | 31,030.5 | 36,522.3 | 43,630.6 | 52,967.7 | 65,429.5 | 82,350.6 | 19.8% |
| Asia Pacific | 2,509.5 | 3,568.1 | 5,156.5 | 5,778.6 | 6,535.2 | 7,464.7 | 8,618.8 | 10,068.5 | 11,912.3 | 14,289.1 | 17,397.1 | 21,524.5 | 27,097.8 | 34,758.9 | 22.0% |
| Latin America | 1,647.9 | 2,323.2 | 3,328.9 | 3,698.9 | 4,147.8 | 4,697.6 | 5,377.9 | 6,229.3 | 7,307.6 | 8,691.4 | 10,492.2 | 12,871.5 | 16,067.0 | 20,434.9 | 21.0% |
| MEA | 865.9 | 1,218.8 | 1,743.5 | 1,934.2 | 2,165.3 | 2,448.3 | 2,798.2 | 3,235.9 | 3,789.8 | 4,500.0 | 5,423.4 | 6,642.4 | 8,277.8 | 10,510.8 | 20.8% |
| Overall | 21,540.8 | 30,161.4 | 42,924.8 | 47,371.8 | 52,759.1 | 59,345.4 | 67,478.0 | 77,628.5 | 90,447.2 | 106,842.2 | 128,101.6 | 156,082.1 | 193,505.7 | 244,436.4 | 20.2% |
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
