PUBLISHER: KBV Research | PRODUCT CODE: 1649357
PUBLISHER: KBV Research | PRODUCT CODE: 1649357
North America Wearable AI Market Size, Share & Trends Analysis Report By Operations (On-device AI, and Cloud-based AI), By Type, By Component, By Application, By Country and Growth Forecast, 2024 - 2031
The North America Wearable AI Market would witness market growth of 27.8% CAGR during the forecast period (2024-2031).
The US market dominated the North America Wearable AI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $43,636.1 million by 2031. The Canada market is experiencing a CAGR of 29.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 28.9% during (2024 - 2031).
This refers to wearable devices integrated with artificial intelligence (AI) technologies, enabling them to perform advanced functions such as real-time data analysis, personalized recommendations, and autonomous decision-making. These devices, which include smartwatches, fitness trackers, smart glasses, VR headsets, and wearable medical devices, are designed to enhance convenience, improve efficiency, and offer tailored experiences to users.
The notable improvement in wearable device efficiancy brought about by the quick development of AI and machine learning technologies is responsible for the market's growth. By integrating sophisticated algorithms capable of real-time data analysis and decision-making, these devices offer users actionable insights tailored to their needs. This has positioned wearable AI as a cornerstone of modern technology, capable of addressing challenges ranging from health monitoring to productivity optimization.
The region's advanced healthcare infrastructure and widespread IoT adoption provide fertile ground for their innovation. Countries like the United States, Canada, and Mexico are at the forefront, leveraging wearable technology in healthcare, fitness, industrial applications, and entertainment. The increasing focus on remote healthcare, wellness monitoring, and worker safety is shaping the market landscape, with strong consumer demand and government support bolstering the industry's expansion. Mexico is witnessing a surge in their adoption, largely driven by affordable devices and increasing health awareness. AI-powered health surveillance devices are in high demand due to the increasing prevalence of chronic diseases, including cardiovascular conditions and diabetes. Initiatives like Salud Digital Mexico, which promotes digital tools in healthcare, encourage the adoption of wearables for remote patient monitoring. Mexico's younger population also embraces fitness-focused wearables, including budget-friendly options like Xiaomi Mi Bands. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
Based on Operations, the market is segmented into On-device AI, and Cloud-based AI. Based on Type, the market is segmented into Smartwatches, Smart Earwear, Smart Eyewear, and Other Type. Based on Component, the market is segmented into Sensors, Connectivity IC, and Processor. Based on Application, the market is segmented into Consumer Electronics, Healthcare, Automotive, Military & Defense, Media & Entertainment, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Apple, Inc.
- Sony Corporation
- Samsung Electronics Co., Ltd. (Samsung Group)
- Microsoft Corporation
- Garmin Ltd.
- Fitbit, Inc. (Google LLC)
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- IBM Corporation
- Oracle Corporation
North America Wearable AI Market Report Segmentation
By Operations
- On-device AI
- Cloud-based AI
By Type
- Smartwatches
- Smart Earwear
- Smart Eyewear
- Other Type
By Component
- Sensors
- Connectivity IC
- Processor
By Application
- Consumer Electronics
- Healthcare
- Automotive
- Military & Defense
- Media & Entertainment
- Other Application
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Wearable AI Market, by Operations
- 1.4.2 North America Wearable AI Market, by Type
- 1.4.3 North America Wearable AI Market, by Component
- 1.4.4 North America Wearable AI Market, by Application
- 1.4.5 North America Wearable AI Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Strategies Deployed in Wearable AI Market
- 4.3 Porter Five Forces Analysis
Chapter 5. North America Wearable AI Market by Operations
- 5.1 North America On-device AI Market by Region
- 5.2 North America Cloud-based AI Market by Region
Chapter 6. North America Wearable AI Market by Type
- 6.1 North America Smartwatches Market by Country
- 6.2 North America Smart Earwear Market by Country
- 6.3 North America Smart Eyewear Market by Country
- 6.4 North America Other Type Market by Country
Chapter 7. North America Wearable AI Market by Component
- 7.1 North America Sensors Market by Country
- 7.2 North America Connectivity IC Market by Country
- 7.3 North America Processor Market by Country
Chapter 8. North America Wearable AI Market by Application
- 8.1 North America Consumer Electronics Market by Country
- 8.2 North America Healthcare Market by Country
- 8.3 North America Automotive Market by Country
- 8.4 North America Military & Defense Market by Country
- 8.5 North America Media & Entertainment Market by Country
- 8.6 North America Other Application Market by Country
Chapter 9. North America Wearable AI Market by Country
- 9.1 US Wearable AI Market
- 9.1.1 US Wearable AI Market by Operations
- 9.1.2 US Wearable AI Market by Type
- 9.1.3 US Wearable AI Market by Component
- 9.1.4 US Wearable AI Market by Application
- 9.2 Canada Wearable AI Market
- 9.2.1 Canada Wearable AI Market by Operations
- 9.2.2 Canada Wearable AI Market by Type
- 9.2.3 Canada Wearable AI Market by Component
- 9.2.4 Canada Wearable AI Market by Application
- 9.3 Mexico Wearable AI Market
- 9.3.1 Mexico Wearable AI Market by Operations
- 9.3.2 Mexico Wearable AI Market by Type
- 9.3.3 Mexico Wearable AI Market by Component
- 9.3.4 Mexico Wearable AI Market by Application
- 9.4 Rest of North America Wearable AI Market
- 9.4.1 Rest of North America Wearable AI Market by Operations
- 9.4.2 Rest of North America Wearable AI Market by Type
- 9.4.3 Rest of North America Wearable AI Market by Component
- 9.4.4 Rest of North America Wearable AI Market by Application
Chapter 10. Company Profiles
- 10.1 Apple, Inc.
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional Analysis
- 10.1.4 Research & Development Expense
- 10.1.5 SWOT Analysis
- 10.2 Sony Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Samsung Electronics Co., Ltd. (Samsung Group)
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expenses
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Product Launches and Product Expansions:
- 10.3.6 SWOT Analysis
- 10.4 Microsoft Corporation
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expenses
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 Garmin Ltd.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.6 SWOT Analysis
- 10.6 Fitbit, Inc. (Google LLC)
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 SWOT Analysis
- 10.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental Analysis
- 10.8.4 SWOT Analysis
- 10.9 IBM Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional & Segmental Analysis
- 10.9.4 Research & Development Expenses
- 10.9.5 SWOT Analysis
- 10.10. Oracle Corporation
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research & Development Expense
- 10.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Wearable AI Market, 2020 - 2023, USD Million
- TABLE 2 North America Wearable AI Market, 2024 - 2031, USD Million
- TABLE 3 North America Wearable AI Market by Operations, 2020 - 2023, USD Million
- TABLE 4 North America Wearable AI Market by Operations, 2024 - 2031, USD Million
- TABLE 5 North America On-device AI Market by Region, 2020 - 2023, USD Million
- TABLE 6 North America On-device AI Market by Region, 2024 - 2031, USD Million
- TABLE 7 North America Cloud-based AI Market by Region, 2020 - 2023, USD Million
- TABLE 8 North America Cloud-based AI Market by Region, 2024 - 2031, USD Million
- TABLE 9 North America Wearable AI Market by Type, 2020 - 2023, USD Million
- TABLE 10 North America Wearable AI Market by Type, 2024 - 2031, USD Million
- TABLE 11 North America Smartwatches Market by Country, 2020 - 2023, USD Million
- TABLE 12 North America Smartwatches Market by Country, 2024 - 2031, USD Million
- TABLE 13 North America Smart Earwear Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Smart Earwear Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Smart Eyewear Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Smart Eyewear Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Other Type Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Other Type Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Wearable AI Market by Component, 2020 - 2023, USD Million
- TABLE 20 North America Wearable AI Market by Component, 2024 - 2031, USD Million
- TABLE 21 North America Sensors Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Sensors Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Connectivity IC Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Connectivity IC Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Processor Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Processor Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Wearable AI Market by Application, 2020 - 2023, USD Million
- TABLE 28 North America Wearable AI Market by Application, 2024 - 2031, USD Million
- TABLE 29 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
- TABLE 31 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 32 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 33 North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 34 North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 35 North America Military & Defense Market by Country, 2020 - 2023, USD Million
- TABLE 36 North America Military & Defense Market by Country, 2024 - 2031, USD Million
- TABLE 37 North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 38 North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 39 North America Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 40 North America Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 41 North America Wearable AI Market by Country, 2020 - 2023, USD Million
- TABLE 42 North America Wearable AI Market by Country, 2024 - 2031, USD Million
- TABLE 43 US Wearable AI Market, 2020 - 2023, USD Million
- TABLE 44 US Wearable AI Market, 2024 - 2031, USD Million
- TABLE 45 US Wearable AI Market by Operations, 2020 - 2023, USD Million
- TABLE 46 US Wearable AI Market by Operations, 2024 - 2031, USD Million
- TABLE 47 US Wearable AI Market by Type, 2020 - 2023, USD Million
- TABLE 48 US Wearable AI Market by Type, 2024 - 2031, USD Million
- TABLE 49 US Wearable AI Market by Component, 2020 - 2023, USD Million
- TABLE 50 US Wearable AI Market by Component, 2024 - 2031, USD Million
- TABLE 51 US Wearable AI Market by Application, 2020 - 2023, USD Million
- TABLE 52 US Wearable AI Market by Application, 2024 - 2031, USD Million
- TABLE 53 Canada Wearable AI Market, 2020 - 2023, USD Million
- TABLE 54 Canada Wearable AI Market, 2024 - 2031, USD Million
- TABLE 55 Canada Wearable AI Market by Operations, 2020 - 2023, USD Million
- TABLE 56 Canada Wearable AI Market by Operations, 2024 - 2031, USD Million
- TABLE 57 Canada Wearable AI Market by Type, 2020 - 2023, USD Million
- TABLE 58 Canada Wearable AI Market by Type, 2024 - 2031, USD Million
- TABLE 59 Canada Wearable AI Market by Component, 2020 - 2023, USD Million
- TABLE 60 Canada Wearable AI Market by Component, 2024 - 2031, USD Million
- TABLE 61 Canada Wearable AI Market by Application, 2020 - 2023, USD Million
- TABLE 62 Canada Wearable AI Market by Application, 2024 - 2031, USD Million
- TABLE 63 Mexico Wearable AI Market, 2020 - 2023, USD Million
- TABLE 64 Mexico Wearable AI Market, 2024 - 2031, USD Million
- TABLE 65 Mexico Wearable AI Market by Operations, 2020 - 2023, USD Million
- TABLE 66 Mexico Wearable AI Market by Operations, 2024 - 2031, USD Million
- TABLE 67 Mexico Wearable AI Market by Type, 2020 - 2023, USD Million
- TABLE 68 Mexico Wearable AI Market by Type, 2024 - 2031, USD Million
- TABLE 69 Mexico Wearable AI Market by Component, 2020 - 2023, USD Million
- TABLE 70 Mexico Wearable AI Market by Component, 2024 - 2031, USD Million
- TABLE 71 Mexico Wearable AI Market by Application, 2020 - 2023, USD Million
- TABLE 72 Mexico Wearable AI Market by Application, 2024 - 2031, USD Million
- TABLE 73 Rest of North America Wearable AI Market, 2020 - 2023, USD Million
- TABLE 74 Rest of North America Wearable AI Market, 2024 - 2031, USD Million
- TABLE 75 Rest of North America Wearable AI Market by Operations, 2020 - 2023, USD Million
- TABLE 76 Rest of North America Wearable AI Market by Operations, 2024 - 2031, USD Million
- TABLE 77 Rest of North America Wearable AI Market by Type, 2020 - 2023, USD Million
- TABLE 78 Rest of North America Wearable AI Market by Type, 2024 - 2031, USD Million
- TABLE 79 Rest of North America Wearable AI Market by Component, 2020 - 2023, USD Million
- TABLE 80 Rest of North America Wearable AI Market by Component, 2024 - 2031, USD Million
- TABLE 81 Rest of North America Wearable AI Market by Application, 2020 - 2023, USD Million
- TABLE 82 Rest of North America Wearable AI Market by Application, 2024 - 2031, USD Million
- TABLE 83 Key Information - Apple, Inc.
- TABLE 84 Key Information - Sony Corporation
- TABLE 85 Key Information - Samsung Electronics Co., Ltd.
- TABLE 86 Key Information - Microsoft Corporation
- TABLE 87 Key Information - Garmin Ltd.
- TABLE 88 Key Information - Fitbit, Inc.
- TABLE 89 Key Information - Huawei Technologies Co., Ltd.
- TABLE 90 Key Information - Amazon Web Services, Inc.
- TABLE 91 Key Information - IBM Corporation
- TABLE 92 Key Information - Oracle Corporation
