Press Release   -

AI in Smartphone and Wearable Market to Reach USD 704.3 Billion by 2035

According to analysts at Vantage Market Research, the Global AI in Smartphone and Wearable Market size is worth USD 66.4 Billion in 2024 and is projected to reach USD 704.3 Billion by 2035, growing at a CAGR (Compound Annual Growth Rate) of 34.3% from 2025 to 2035. Key trends of market include enhanced personal assistants, health monitoring, advanced security features, predictive analytics, AI-driven camera capabilities, and improved battery management for personalized user experiences.

Market Overview

Advancements in AI technology are a primary driver of the AI-powered industry, enabling devices to give increasingly sophisticated and personalized experiences. Wearables and smartphones may utilize machine learning algorithms to evaluate vast volumes of data in real time, delivering customized health insights, performance tracking, and predictive suggestions.  Natural language processing (NLP) has enhanced speech recognition capabilities, making virtual assistants more usable and responsive. Furthermore, improvements in computer vision, edge computing, and on-device AI processing boost usefulness by allowing capabilities like face recognition, gesture control, and real-time health monitoring without relying on cloud processing. These advancements have also resulted in more power-efficient gadgets, which increase battery life while retaining high performance.

The integration of artificial intelligence into smartphones and wearables has the potential to transform the user experience. AI-powered features like proactive help, tailored recommendations, and seamless interaction improve the devices' overall usefulness and convenience. Manufacturers may use AI to design gadgets that adapt to user preferences, anticipate demands, and deliver a more intuitive and engaging experience. This emphasis on user experience will continue to fuel the expansion of AI in Smartphone and Wearable Market Industry.

Introducing Motorola’s Groundbreaking Wearable Smartphone with Integrated AI

• In November 2023, Motorola unveils a groundbreaking smartphone with a flexible display that can transform into a wearable bracelet, watch or tablet, powered by integrated AI for a highly personalized experience

Key Takeaways from the Report

• North America dominated the market with 39.20% of market share in 2024. The region is  driven by adoption of advanced technologies, consumer demand for innovative products, and robust investments
• Based on the Device Type, the Smartwatches category accounted for significant market share of 54.30% in 2024.
• In 2024, by Application, Health & Fitness category dominated the largest market share. The segment is driven by rising consumer awareness of personal health and wellness, coupled with the growing demand for personalized fitness solutions, has significantly boosted the adoption of AI in health & fitness
• Based on the End User Industries, the Healthcare category accounted for significant market share of 23.20% in 2024. The segment is driven by the widespread adoption of AI-enabled smartphones and wearables that are transforming healthcare delivery and personal health management
• In 2024, by Distribution Channel, Online category dominated the largest market share.
• In 2024, by Age Group, Adults (18-54) category dominated the largest  market share.

Top Companies

• Amazon.com Inc
• Apple Inc
• Google LLC
• Samsung Electronics Co. Ltd.
• Microsoft Corporation
• Sony Group Corporation
• Lenovo Group Limited
• LG Corporation
• Intel Corporation
• Qualcomm incorporated
• Nokia Corporation
• TCL Technology Group Corp.

Report Coverage

Our market research reports provide comprehensive insights that are essential for strategic decision-making. We cover all key aspects of the market, including dynamics such as drivers, restraints, opportunities, and challenges, alongside the latest industry trends. Our analysis includes an in-depth technology roadmap, product life cycle evaluation, and PESTLE analysis, ensuring a thorough understanding of the market environment. We also assess GDP growth outlooks, examine regional market landscapes, and evaluate the impact of major events like the COVID-19 pandemic. Additionally, our reports feature a detailed competitive landscape, including company market shares and profiles, providing actionable intelligence to empower your business strategies.

Latest News

Noise acquires women’s wellness platform SocialBoat

• In May 2024, Leading smartwatch and connected lifestyle brand, Noise announced that it has acquired AI-powered women’s wellness platform SocialBoat for an undisclosed amount. This strategic move is part of Noise’s broader strategy to advance innovation in smart rings

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.