PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605890
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1605890
The wearable sensors market size is expected to reach USD 13.02 billion by 2034, according to a new study by Polaris Market Research. The report "Wearable Sensors Market Size, Share, Trends, Industry Analysis Report: By Sensor Type, Technology, Device (Smartwatch, Fitness Band, Smart Glasses, Smart Fabric, Smart Footwear, and Others), End Users, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Wearable sensors are devices designed to detect various environmental and physiological parameters, including altitude, temperature, humidity, dive depth, location, intensity, and motion, converting these measurements into analog electrical signals. They are utilized in a wide range of products, such as altimeter watches, multi-functional watches, diving watches, fitness bands, ski goggles, martial arts vests, and sleep monitors. In the healthcare sector, wearable sensors are incorporated into devices like asthma monitoring stickers, back braces, knee braces, patches, and contact lenses, among others.
The wearable sensors market is growing with increasing health awareness, advancements in MEMS technology, and the rising demand for real-time health data from fitness trackers and smartwatches. Besides, the growth of the telecommunications industry has significantly boosted the use of wearable sensors. As advances in telecommunications improve connectivity and data transmission, wearable sensors become more efficient, reliable, and accessible. This drives their integration into health monitoring, fitness tracking, and various consumer applications.
In 2024, North America held the largest share of the wearable sensors market, driven by factors such as a robust healthcare sector, rising healthcare costs, and growing consumer awareness of health issues.
In 2024, the accelerometers segment, segmented by sensor type, held the largest market share due to the rise in health awareness among consumers.
The fitness band segment of the wearable sensors market is poised for growth, driven by the demand of young consumers for affordable trackers and continual technological advancements.
The companies operating in the wearable sensors market include Infineon Technologies AG; Texas Instruments Inc.; Broadcom Limited; Asahi Kasei Microdevices Corporation; NXP Semiconductors N.V.; Robert Bosch GmbH; Invensense, Inc.; TE Connectivity Ltd.; Knowles Electronics, LLC; and Panasonic Corporation.
Polaris Market Research has segmented the wearable sensors market report based on sensor type, technology, device, end users, and region: