Wearable AI Market
Wearable AI Market - Global Industry Assessment & Forecast
Segments Covered
- By Application Consumer electronics, Healthcare, Automotive, Military and Defense, Media and Entertainment, Others
- By Type Smart Watch, Smart Glasses, Smart Earwear, Smart Glove, Others
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 14.98 Million |
Revenue 2030: | USD 88.17 Million |
Revenue CAGR (2023 - 2030): | 24.80% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Wearable AI Market by Application by Type - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Wearable AI supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Wearable AI market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Wearable AI supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Wearable AI market.
FAQ
Frequently Asked Question
What is the global demand for Wearable AI in terms of revenue?
-
The global Wearable AI valued at USD 14.98 Million in 2022 and is expected to reach USD 88.17 Million in 2030 growing at a CAGR of 24.80%.
Which are the prominent players in the market?
-
The prominent players in the market are Amazon.com, Inc., Fitbit, Inc., Garmin Ltd., Google Inc., Huawei Technologies Co. Ltd., International Business Management Corporation (IBM), Motorola Mobility LLC, TomTom International B.V., Samsung Electronics Co. Ltd., and Sony Corporation..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 24.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Wearable AI include
- increasing demands for smart devices in the healthcare sector and the rise in the demand for IoT devices
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Wearable AI in 2022.