UK Wearable Technology Market Size & Outlook, 2023-2030
UK wearable technology market, 2018-2030 (US$M)
Related Markets
UK wearable technology market highlights
- The UK wearable technology market generated a revenue of USD 4,794.2 million in 2023 and is expected to reach USD 14,168.4 million by 2030.
- The UK market is expected to grow at a CAGR of 16.7% 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.
Wearable technology market data book summary
| Market revenue in 2023 | USD 4,794.2 million |
| Market revenue in 2030 | USD 14,168.4 million |
| Growth rate | 16.7% (CAGR from 2023 to 2030) |
| Largest segment | Wrist-wear |
| Fastest growing segment | Wrist-Wear |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 6.7% of the global wearable technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany wearable technology market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 14,168.4 million by 2030.
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Wearable Technology Market Scope
Wearable Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 54.4% in 2023. Horizon Databook has segmented the UK 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.
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Our clientele includes a mix of wearable technology 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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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 country-level data and insights on the UK wearable technology market , including forecasts for subscribers. This country databook contains high-level insights into UK wearable technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK wearable technology market size, by product, 2018-2030 (US$M)
UK Wearable Technology Market Outlook Share, 2023 & 2030 (US$M)
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