PUBLISHER: The Business Research Company | PRODUCT CODE: 1707202
PUBLISHER: The Business Research Company | PRODUCT CODE: 1707202
Wearable AI devices encompass portable gadgets such as smartwatches, fitness trackers, and augmented reality glasses, embedded with artificial intelligence capabilities. Their purpose is to elevate user experiences, monitor health metrics, facilitate communication, and deliver personalized assistance through AI algorithms and data analysis. Equipped with sensors, microprocessors, connectivity options, and user interfaces, these devices enable real-time data collection, processing, and interaction to support various tasks and applications in everyday life or specialized domains such as healthcare, fitness, navigation, and productivity.
The primary categories of wearable AI devices include wristwear, eyewear, earwear, and other products. Wristwear denotes devices worn on the wrist, such as smartwatches and fitness trackers, offering features such as activity tracking, notifications, and health monitoring to cater to diverse consumer needs. Components encompass processors, displays, connectivity ICs, power management systems, sensors, memory, and other elements, deployed either on-premises or through cloud-based solutions. Technologies integrated into these devices include Wi-Fi, Bluetooth, NFC, ANT+, GPS, among others. Their applications span across consumer electronics, healthcare, enterprise, industrial, gaming, and other sectors.
The wearable AI devices research report is one of a series of new reports from The Business Research Company that provides wearable AI devices market statistics, including the wearable AI devices industry's global market size, regional shares, competitors with wearable AI devices market share, detailed wearable AI devices market segments, market trends and opportunities, and any further data you may need to thrive in the wearable AI devices industry. This wearable AI devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The wearable ai devices market size has grown exponentially in recent years. It will grow from $21.97 billion in 2024 to $29.89 billion in 2025 at a compound annual growth rate (CAGR) of 36.0%. The growth in the historic period can be attributed to advancements in sensor technology, health consciousness among consumers, miniaturization of components and design innovation, integration with smartphones and other IoT (Internet of Things) devices, and expanded applications beyond fitness.
The wearable ai devices market size is expected to see exponential growth in the next few years. It will grow to $101.28 billion in 2029 at a compound annual growth rate (CAGR) of 35.7%. The growth in the forecast period can be attributed to advancements in artificial intelligence, growing emphasis on health and wellness, smart assistant functionalities, the rise of smart wearables in workplaces, and fashion and design innovation. Major trends in the forecast period include health monitoring advancements, integration with smart assistants, augmented reality (AR) integration, enhanced privacy and security features, and customization and personalization.
The rising demand for augmented reality and virtual reality (AR/VR) devices is poised to drive significant growth in the wearable AI devices market. Augmented reality (AR) devices overlay digital content onto the real world, while virtual reality (VR) devices immerse users in entirely virtual environments. These immersive experiences fuel the increasing demand for AR/VR devices, enhancing education, entertainment, training, and remote collaboration while revolutionizing industries such as healthcare, gaming, and retail with innovative solutions. Integrating augmented and virtual reality (AR/VR) devices into wearable AI devices enables immersive simulations and real-time data visualization, thereby enhancing user experiences and decision-making capabilities. For example, data from the Department for Business and Trade in January 2022 projects a robust growth rate of 78.3% for spending on augmented reality (AR) and virtual reality (VR) in the UK until 2024, with anticipated total expenditure reaching £62.5 billion ($79.22 billion) by 2030. Consequently, the increasing demand for AR/VR devices is a key driver propelling the growth of the wearable AI devices market.
Leading companies in the wearable AI device market are strategically focusing on developing technologically advanced products, such as laser ink displays, to gain a competitive edge. Laser ink display technology utilizes lasers to manipulate ink droplets, creating high-resolution images or text on a surface. For instance, Humane Inc., a US-based consumer electronics company, introduced the AI Pin in November 2023, an OpenAI-powered wearable device featuring a Snapdragon processor for voice control, camera, gestures, and a compact built-in projector. The AI Pin streamlines technology interaction by facilitating voice commands and touch interactions, eliminating the need for a conventional interface. Additionally, it connects to AI models via software called AI Mic, offering functionalities such as messaging, calling, email digests, food recognition, real-time translation, and more.
In May 2024, Noise, a company based in India, acquired SocialBoat for an undisclosed amount. This acquisition is part of Noise's strategy to enhance its presence in the wearable technology market by integrating AI-driven health solutions tailored for women. SocialBoat, also based in India, operates in the wellness and technology sectors, specializing in women's health and fitness.
Major companies operating in the wearable AI devices market are Amazon.com Inc., Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Sony Corporation, LG Electronics Inc., International Business Machines Corporation, Qualcomm Technologies Inc., Oracle Corporation, Xiaomi Corporation, Koninklijke Philips N.V., Seiko Epson Corporation, Motorola Solutions Inc., Garmin Ltd., Polar Electro Oy, Jabra, TomTom N.V., Hinge Health, HTC Corporation, Suunto Oy, Withings S.A., Moov Inc., Misfit Inc., BioBeats Inc
North America was the largest region in the wearable AI devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wearable AI devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the wearable AI devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The wearable AI devices market consists of revenues earned by entities by providing services such as health and fitness monitoring, navigation and location services, and language translation. The market value includes the value of related goods sold by the service provider or included within the service offering. The wearable AI devices market also includes sales of fitness trackers, health monitoring devices, and smart clothing. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Wearable AI Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on wearable ai devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for wearable ai devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wearable ai devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.