North America Wearable Technology Market Size & Outlook
North America wearable technology market, 2018-2030 (US$M)
Related Markets
North America wearable technology market highlights
- The North America wearable technology market generated a revenue of USD 23,976.4 million in 2023.
- The market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, wrist-wear was the largest revenue generating product in 2023.
- Wrist-Wear is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 23,976.4 million |
| Market revenue in 2030 | USD 56,066.2 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Wrist-wear |
| Fastest growing segment | Wrist-Wear |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wrist-Wear, Eyewear & Headwear, Footwear, Neckwear, Body-wear |
| Key market players worldwide | Alphabet Inc Class A, Samsung Electronics Co Ltd, Sony Group Corp, Huawei Technologies, Apple Inc, Xiaomi Corp Class B, Adidas AG, Nike Inc Class B, Fitbit, Garmin Ltd |
Other key industry trends
- In terms of revenue, North America region accounted for 33.3% of the global wearable technology 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 63,373.7 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 Technology Market Scope
Wearable Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America wearable technology 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 technology market will help companies and investors design strategic landscapes.
Wrist-wear was the largest segment with a revenue share of 46.82% in 2023. Horizon Databook has segmented the North America wearable technology market based on wrist-wear, eyewear & headwear, footwear, neckwear, body-wear covering the revenue growth of each sub-segment from 2018 to 2030.
North America has a presence of major wearable technology manufacturers namely Apple Inc., Alphabet Inc., Nike Inc., FitBit Inc., and Garmin Ltd.. As these companies are actively involved in the offering sports & fitness products, the market is expected to hold the largest in 2020 and will continue its dominance over the forecast period.
The increasing rate of urbanization in the U.S. and Canada coupled with the rising health awareness among individuals is anticipated to support the market for wearable technology during the forecast period.
Reasons to subscribe to North America wearable technology 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 North America wearable technology market databook
-
Our clientele includes a mix of wearable technology 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 continent-level data and insights on the North America wearable technology market , including forecasts for subscribers. This continent databook contains high-level insights into North America wearable technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America wearable technology market size, by country, 2018-2030 (US$M)
North America Wearable Technology Market Outlook Share, 2023 & 2030 (US$M)
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
