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PUBLISHER: Grand View Research | PRODUCT CODE: 1679617
PUBLISHER: Grand View Research | PRODUCT CODE: 1679617
Wearable Technology Market Size, Share & Trends Analysis Report By Product (Eyewear & Headwear, Wristwear), By Application (Consumer Electronics, Healthcare), By Region, And Segment Forecasts, 2025 - 2030
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Wearable Technology Market Growth & Trends:
The global wearable technology market size is expected to reach USD 186.14 billion by 2030, expanding at a CAGR of 13.6% from 2025 to 2030, according to a new report by Grand View Research, Inc.. Due to its numerous functions in the healthcare, consumer electronics, and industrial sector wearable technology is becoming more and more popular among consumers. The rapid advancement of technologies, including GPS and RFID for location monitoring and health tracking, is predicted to boost industry growth during the forecast years. Consumers are becoming more aware of wearable technology as a result of its many uses in fields like consumer electronics, healthcare, and e-commerce. The industry is expected to gain traction as a result of the quick development of technologies like Radio Frequency Identification (RFID) and GPS for position monitoring and health tracking.
Users can answer calls and check messages on wearable gadgets without having to take out their phones. In addition, factors that are expected to attract customers and increase the demand for smart wearables include in-store merchandising and the simplicity of making payments using wearables. An increase in public awareness about health and fitness also supports the industry's expansion. Moreover, many firms are focusing on launching new smartwatches with innovative capabilities that assist users to manage their health and exchanging data with doctors in real-time. This would positively impact the industry's growth. For instance, in May 2022, Huawei Technologies Group Co. Ltd. unveiled Watch GT 3 Pro, a wearable device with a heart rate monitor, GPS, and a health monitoring system integrated with it. This launch is anticipated to boost the company's market position and enable it to attract new clients.
Rising health concerns due to COVID-19 are anticipated to spur the demand for smartwatches as these devices have features like pulse oximeters, heart rate & skin temperature monitors, and others that can assist users to identify coronavirus symptoms. Studies from medical and academic institutions, including Mount Sinai Health System in New York and Stanford University in California, have shown that smartwatches by companies like Garmin Ltd., Fitbit, and Apple Inc. can identify COVID-19 infection even before symptoms appear. The majority of wearable technology devices store data about a person's health, lifestyle, and daily activities on a connectivity carrier's network or that of a third-party vendor, opening the door for security breaches, which is a significant issue that may restrain the growth of the overall market.
Wearable Technology Market Report Highlights:
- The wrist-wear segment accounted for the largest revenue share of over 58% in 2024, owing to the rising popularity of health and fitness, entertainment, gaming, and connected technology devices.
- Consumers who purchase smart wearables, such as smart apparel, smart footwear and smartwatches do so primarily to use the products to track their health and fitness. By 2020, the WHO predicted that the incidence of chronic diseases would increase by 73%
- In 2024, the consumer electronics sector led the industry. Consumer electronics have a wide range of uses, such as for communication and entertainment. Devices that track a person's working hours are being developed by industry participants due to high demand. In addition, the growth of connected devices and machine-to-machine communication is expected to support the market growth
- Several businesses are concentrating on releasing the newest wearable technology goods, including smart glass, smart helmets, smart rings, and more. In addition, they are undertaking activities, such as mergers and acquisitions
Product Code: 978-1-68038-165-8
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.2.1. Information Procurement
- 1.3. Information or Data Analysis
- 1.4. Methodology
- 1.5. Research Scope and Assumptions
- 1.6. Market Formulation & Validation
- 1.7. Country Based Segment Share Calculation
- 1.8. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Wearable Technology Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Wearable Technology Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.3.1. Industry Analysis - Porter's
- 3.4. Pain Point Analysis
Chapter 4. Wearable Technology Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Wearable Technology Market: Product Movement Analysis, 2024 & 2030 (USD Billion)
- 4.3. Wrist-Wear
- 4.3.1. Wrist-Wear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.4. Eyewear & Headwear
- 4.4.1. Eyewear & Headwear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.5. Footwear
- 4.5.1. Footwear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.6. Neckwear
- 4.6.1. Neckwear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.7. Body-wear
- 4.7.1. Body-wear Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 4.8. Others
- 4.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Wearable Technology Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Wearable Technology Market: Application Movement Analysis, 2024 & 2030 (USD Billion)
- 5.3. Consumer Electronics
- 5.3.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.4. Healthcare
- 5.4.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.5. Enterprise & Industrial Applications
- 5.5.1. Enterprise & Industrial Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Wearable Technology Market: Regional Estimates & Trend Analysis
- 6.1. Wearable Technology Market Share, By Region, 2024 & 2030 (USD Billion)
- 6.2. North America
- 6.2.1. North America Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
- 6.2.3.1. Canada Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3. Europe
- 6.3.1. Europe Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. UK
- 6.3.2.1. UK Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. Germany
- 6.3.3.1. Germany Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. France
- 6.3.4.1. France Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. China
- 6.4.2.1. China Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
- 6.4.3.1. Japan Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. India
- 6.4.4.1. India Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. Australia
- 6.4.5.1. Australia Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.6. South Korea
- 6.4.6.1. South Korea Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5. Latin America
- 6.5.1. Latin America Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.2. UAE
- 6.6.2.1. UAE Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.3. KSA
- 6.6.3.1. KSA Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Wearable Technology Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles/Listing
- 7.4.1. adidas AG
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Strategic Initiatives
- 7.4.2. Apple Inc.
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Strategic Initiatives
- 7.4.3. Garmin Ltd.
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Strategic Initiatives
- 7.4.4. Google LLC
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Strategic Initiatives
- 7.4.5. Huawei Technologies Co., Ltd.
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Strategic Initiatives
- 7.4.6. Imagine Marketing Ltd.
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Strategic Initiatives
- 7.4.7. Nike, Inc.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Strategic Initiatives
- 7.4.8. Samsung Electronics Co., Ltd.
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Strategic Initiatives
- 7.4.9. Sony Corporation
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Strategic Initiatives
- 7.4.10. Xiaomi
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Strategic Initiatives
- 7.4.1. adidas AG
Product Code: 978-1-68038-165-8
List of Tables
- Table 1 Global wearable technology market size estimates & forecasts 2018 - 2030 (USD Billion)
- Table 2 Global wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 3 Global wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 4 Global wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 5 Wrist-wear wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 6 Eyewear & headwear wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 7 Footwear wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 8 Neckwear wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 9 Body-wear wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 10 Others wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 11 Consumer electronics wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 12 Healthcare wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 13 Enterprise & industrial applications wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 14 Others wearable technology market, by region 2018 - 2030 (USD Billion)
- Table 15 North America wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 16 North America wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 17 U.S. wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 18 U.S. wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 19 Canada wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 20 Canada wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 21 Mexico wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 22 Mexico wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 23 Europe wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 24 Europe wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 25 UK wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 26 UK wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 27 Germany wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 28 Germany wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 29 France wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 30 France wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 31 Asia Pacific wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 32 Asia Pacific wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 33 China wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 34 China wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 35 India wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 36 India wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 37 Japan wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 38 Japan wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 39 Australia wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 40 Australia wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 41 South Korea wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 42 South Korea wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 43 Latin America wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 44 Latin America wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 45 Brazil wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 46 Brazil wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 47 MEA wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 48 MEA wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 49 UAE wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 50 UAE wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 51 KSA wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 52 KSA wearable technology market, by application 2018 - 2030 (USD Billion)
- Table 53 South Africa wearable technology market, by product 2018 - 2030 (USD Billion)
- Table 54 South Africa wearable technology market, by application 2018 - 2030 (USD Billion)
List of Figures
- Fig. 1 Wearable technology market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain-based sizing & forecasting
- Fig. 7 Parent market analysis
- Fig. 8 Market formulation & validation
- Fig. 9 Wearable technology market snapshot
- Fig. 10 Wearable technology market segment snapshot
- Fig. 11 Wearable technology market competitive landscape snapshot
- Fig. 12 Market research process
- Fig. 13 Market driver relevance analysis (Current & future impact)
- Fig. 14 Market restraint relevance analysis (Current & future impact)
- Fig. 15 Wearable technology market, product outlook key takeaways (USD Billion)
- Fig. 16 Wearable technology market product movement analysis 2024 & 2030 (USD Billion)
- Fig. 17 Wrist-wear market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 18 Eyewear & headwear market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 19 Footwear market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 20 Neckwear market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 21 Body-wear market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 22 Others market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 23 Wearable technology market: Application outlook key takeaways (USD Billion)
- Fig. 24 Wearable technology market: Application movement analysis 2024 & 2030 (USD Billion)
- Fig. 25 Consumer electronics market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 26 Healthcare market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 27 Enterprise & industrial applications market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 28 Others market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 29 Regional marketplace: Key takeaways
- Fig. 30 Wearable technology market: Regional outlook, 2024 & 2030 (USD Billion)
- Fig. 31 North America wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 32 U.S. Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 33 Canada Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 34 Mexico Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 35 Europe Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 36 UK Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 37 Germany Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 38 France Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 39 Asia Pacific Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 40 Japan Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 41 China Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 42 India Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 43 Australia Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 44 South Korea Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 45 Latin America Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 46 Brazil Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 47 MEA Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 48 KSA Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 49 UAE Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 50 South Africa Wearable technology market estimates and forecasts, 2018 - 2030 (USD Billion)
- Fig. 51 Strategy framework
- Fig. 52 Company Categorization
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