Latin America Wearable Computing Market Size & Outlook
Latin America wearable computing market, 2017-2030 (US$M)
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Latin America wearable computing market highlights
- The Latin America wearable computing market generated a revenue of USD 5,377.9 million in 2023.
- The market is expected to grow at a CAGR of 21% from 2024 to 2030.
- In terms of segment, fitness trackers was the largest revenue generating product in 2023.
- Head Mount Displays is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 5,377.9 million |
| Market revenue in 2030 | USD 20,434.9 million |
| Growth rate | 21% (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 |
| Key market players worldwide | Apple Inc, Fossil Group Inc, Garmin Ltd, Alphabet Inc Class A, Nike Inc Class B, Samsung Electronics Co Ltd, Sony Group Corp, Xiaomi Corp Class B, Sensoria, Huawei Technologies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.0% of the global wearable computing market in 2023.
- Globally, North America 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 34,758.9 million by 2030.
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Wearable Computing Market Scope
Wearable Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 33.44% in 2023. Horizon Databook has segmented the Latin America 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.
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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 continent-level data and insights on the Latin America wearable computing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America wearable computing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America wearable computing market size, by country, 2017-2030 (US$M)
Latin America Wearable Computing Market Outlook Share, 2023 & 2030 (US$M)
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