Wearable AI Devices Market

Industry Overview

The global Wearable AI Devices Market is projected to reach USD 56.8 billion by 2030, registering a CAGR of 28.8% during the forecast period. Increasing adoption of AI-enabled wearables for healthcare applications, increasing disposable income, changing lifestyle, and increasing demand for augmented reality/virtual reality (AR/VR) headsets worldwide, propelling the growth of the market.

Market Segmentation

Insight by Product

On the basis of product, The Global Wearable AI Devices Market is categorized into wristwear, eyewear, earwear, and other bodywear, wherein the wristwear category held the largest share in the market in 2023. The growth of this sector is due to rising demand for wristwear with AI functionalities, such as sleep tracking, heart rate monitoring, and personal voice assistance. In addition, the wristwear category is sub-segmented into the smartwatch and fitness band.

Insight by Deployment Type

The Wearable AI Devices Market is segmented into on-premises and cloud-based by deployment type. Among the two segments, cloud-based contributes the larger revenue globally, and also it is expected to witness faster growth during the forecast period. Rising need for storing data generated in real-time and synchronizing data in smart devices is driving the growth of this segment.

Insight by Component Type

The Wearable AI Devices Market is segregated into Processor, Display, Connectivity IC, Power Management System, Sensors, Memory and Others on the basis of component type. The sensors section dominated the market and is also expected to witness the fastest growth during the forecast period due to the rising number of health and fitness monitoring applications. Wearable sensors are driven by their ability to track the performance and activity of the user. These sensors are driven by their ability to track the performance and activity of the users as these smart wearables are used for fitness and sports and entertainment.

Insight by Enduser Type

Based on Enduser type, The Wearable AI Devices Market is segmented into consumer electronics, healthcare, gaming and others. The consumer electronics sector accounted for the largest revenue share due to the increasing demand for smart wearables among consumers to track health essentials. Consumer wearable electronics refer to a range of smart wearables used for fitness and sports, multimedia and entertainment. Wearable technology is often used to track daily activities and personal health goals. The healthcare segment is expected to register the fastest growth rate due to growing customer concerns over fitness and health.

Global Wearable AI Devices Market Report Coverage

Industry Dynamics

Trends

Growing demand for VR headsets is the key trend observed in the wearable AI devices market, globally. With a growing number of smartphone users worldwide and the rising trend of mobile and cloud gaming, the use of VR headsets among consumers is increasing rapidly. Increasing disposable income of people in emerging economies and the increasing involvement of the young generation in the gaming area. It has been observed that there are several small companies in developing economies that are developing the latest VR devices that help gamers to be completely involved and engage themselves in the game. Hence, the wearable AI devices market is anticipated to observe high demand for VR headsets among consumers worldwide.

Growth Drivers

The global wearable AI devices market has been driven by several key factors, predominantly increasing the adoption of AI-supported wearables for consumer electronics and healthcare applications. A number of fitness and health monitoring applications are gaining eminence across the world at a rapid pace. There are several manufacturers operating in wearable devices that have assimilated contextual material and data points that help in determining motion-detecting happenings. Furthermore, the results and analysis developed from these devices further help in establishing results used for defining fitness and goals to its users.

Health and Fitness Tracking: The increasing focus on personal health and fitness has boosted the demand for wearable devices that can monitor activities, heart rate, sleep patterns, and other health-related parameters. AI algorithms help in processing and analyzing this data to provide actionable insights and personalized recommendations.

Smart Assistants and Voice Interaction: Wearable devices integrated with AI-powered virtual assistants, such as Apple's Siri, Google Assistant, or Amazon's Alexa, enable users to interact with their devices using voice commands. This functionality allows users to perform tasks hands-free and control other connected devices.

Personalized Experiences: Wearable AI devices use machine learning algorithms to gather user data and provide personalized experiences. They can learn user preferences, adapt to individual behavior patterns, and offer tailored recommendations, making the devices more intuitive and user-friendly.

Enterprise Applications: Wearable AI devices find applications in industries such as healthcare, manufacturing, logistics, and retail. They can assist workers in tasks like inventory management, remote collaboration, quality control, and real-time data analysis.

Geography Insight

Geographically, North America has accounted for the largest share in the wearable AI devices market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed to the existence of a large number of consumer electronics companies, the high per capita income of consumers, and increasing investments in technological innovation usage. Moreover, Asia-Pacific is expected to witness the fastest growth during the forecast period due to increasing demand for wearable devices from India and China, and a rapid increase in the number of applications for wearable AI devices.

Competitive Insight

Some of the key players operating in the global wearable AI devices market are Apple Inc., Samsung Electronics Co. Ltd., Fitbit Inc., Xiaomi Corporation, Sony Corporation, BRAGI GmbH, Garmin Ltd., Huawei Investment & Holding Co. Ltd., Fossil Group Inc., Google LLC, and Microsoft Corporation.

Forecast Parameters

- Identifying variables and establishing market impact.
- Establishing market trends regionally.
- Analyzing opportunities and market penetration rates by understanding product commercialization, and regional expansion.
- Analyzing demand and supply trends and changes in industry dynamics to establish future growth.
- Analyzing sustainability strategies adhered to by market participants in an attempt to determine the future course of the market.
- Analyzing historical market trends and super-imposing them on the current and future variables to determine the year-on-year trend.
- Understanding adoption, production, export, import, and regulatory framework.

Data Validation

- Estimated and forecasted data was validated through industry experts.
- Apart from industry experts, data triangulation methods were used for validation.
- Bottom-up and top-down approach has been used for the estimation and forecast of market data, whereas the top-down approach was used for validation.
- Demand, as well as supply-side surveys, were conducted in order to understand the industry dynamics and data validation.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from industry experts. The key profiles approached within the industry include CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end-user surveys comprising consumers are also conducted to understand consumer behavior.

The Wearable AI Devices Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Product
  • Wristwear
    • Smartwatch
    • Fitness Band
  • Eyewear
  • Earwear
  • Others
• By Deployment Type
  • On-Premises
  • Cloud-Based
• By Component
  • Processor
  • Display
  • Connectivity IC
  • Power Management System
  • Sensors
  • Memory
  • Others
• By End-User
  • Consumer Electronics
  • Healthcare
  • Gaming
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.  Research Overview 

        1.1.  The Report Offers
        1.2.  Market Coverage
                1.2.1.  By Product
                1.2.2.  By Deployment Type
                1.2.3.  By Component
                1.2.4.  By End-User
                1.2.5.  By Region
        1.3.  Research Phases
        1.4.  Limitations
        1.5.  Market Size Estimations and Forecast
                1.5.1.  Data Sources
                        1.5.1.1.  Primary Research
                        1.5.1.2.  Secondary Research
                1.5.2.  Methodology
                        1.5.2.1.  Data Exploration
                        1.5.2.2.  Forecast Parameters
                        1.5.2.3.  Data Validation
                        1.5.2.4.  Assumptions
                1.5.3.  Study Period & Data Reporting Unit

2.  Executive Summary

3.  Market Definition

        3.1.  By Product
                3.1.1.  Wristwear
                        3.1.1.1.  Smartwatch
                        3.1.1.2.  Fitness Band 
                3.1.2.  Eyewear
                3.1.3.  Earwear
                3.1.4.  Others
        3.2.  By Deployment Type
                3.2.1.  On-Premises
                3.2.2.  Cloud-Based
        3.3.  By Component
                3.3.1.  Processor
                3.3.2.  Display
                3.3.3.  Connectivity IC 
                3.3.4.  Power Management System
                3.3.5.  Sensors 
                3.3.6.  Memory
                3.3.7.  Others
        3.4.  By End User
                3.4.1.  Consumer Electronics 
                3.4.2.  Healthcare
                3.4.3.  Gaming
                3.4.4.  Others

4.  Industry Overview

        4.1.  Industry Dynamics
                4.1.1.  Market Growth Drivers
                4.1.2.  Market Growth Restraints
                4.1.3.  Key Market Trends
                4.1.4.  Major Opportunities
        4.2.  Industry Ecosystem
                4.2.1.  Porter’s Five Forces Analysis
                4.2.2.  Recent Development Analysis
                4.2.3.  Value Chain Analysis
        4.3.  Competitive Insight
                4.3.1.  Competitive Position of Industry Players
                4.3.2.  Market Attractive Analysis
                4.3.3.  Market Share Analysis

5.  Global Market Estimate and Forecast

        5.1.  By Product
        5.2.  By Deployment Type
        5.3.  By Component
        5.4.  By End User
        5.5.  By Region

6.  North America Market Estimate and Forecast

        6.1.  By Product
        6.2.  By Deployment Type
        6.3.  By Component
        6.4.  By End User
        6.5.  By Country
                6.5.1.  U.S. Market Estimate and Forecast
                6.5.2.  Canada Market Estimate and Forecast
                6.5.3.  Mexico Market Estimate and Forecast

7.  Europe Market Estimate and Forecast

        7.1.  By Product
        7.2.  By Deployment Type
        7.3.  By Component
        7.4.  By End User
        7.5.  By Country
                7.5.1.  Germany Market Estimate and Forecast
                7.5.2.  France Market Estimate and Forecast
                7.5.3.  U.K. Market Estimate and Forecast
                7.5.4.  Italy Market Estimate and Forecast
                7.5.5.  Spain Market Estimate and Forecast
                7.5.6.  Rest of Europe Market Estimate and Forecast

8.  Asia-Pacific Market Estimate and Forecast

        8.1.  By Product
        8.2.  By Deployment Type
        8.3.  By Component
        8.4.  By End User
        8.5.  By Country 
                8.5.1.  China Market Estimate and Forecast
                8.5.2.  Japan Market Estimate and Forecast
                8.5.3.  India Market Estimate and Forecast
                8.5.4.  South Korea Market Estimate and Forecast
                8.5.5.  Australia Market Estimate and Forecast
                8.5.6.  Rest of Asia-Pacific Market Estimate and Forecast

9.  Rest of the World (RoW) Market Estimate and Forecast

        9.1.  By Product
        9.2.  By Deployment Type
        9.3.  By Component
        9.4.  By End User
        9.5.  By Country
                9.5.1.  Brazil Market Estimate and Forecast
                9.5.2.  U.A.E. Market Estimate and Forecast
                9.5.3.  Saudi Arabia Market Estimate and Forecast
                9.5.4.  South Africa Market Estimate and Forecast
                9.5.5.  Other Countries Market Estimate and Forecast

10.  Company Profiles

        10.1.  Apple Inc.
                10.1.1.  Snapshot
                10.1.2.  Overview
                10.1.3.  Offerings
                10.1.4.  Financial Insight
                10.1.5.  Recent Developments
        10.2.  Samsung Electronics Co. Ltd.
                10.2.1.  Snapshot
                10.2.2.  Overview
                10.2.3.  Offerings
                10.2.4.  Financial Insight
                10.2.5.  Recent Developments
        10.3.  Fitbit Inc.
                10.3.1.  Snapshot
                10.3.2.  Overview
                10.3.3.  Offerings
                10.3.4.  Financial Insight
                10.3.5.  Recent Developments
        10.4.  Xiaomi Corporation
                10.4.1.  Snapshot
                10.4.2.  Overview
                10.4.3.  Offerings
                10.4.4.  Financial Insight
                10.4.5.  Recent Developments
        10.5.  Sony Corporation
                10.5.1.  Snapshot
                10.5.2.  Overview
                10.5.3.  Offerings
                10.5.4.  Financial Insight
                10.5.5.  Recent Developments
        10.6.  BRAGI GmbH
                10.6.1.  Snapshot
                10.6.2.  Overview
                10.6.3.  Offerings
                10.6.4.  Financial Insight
                10.6.5.  Recent Developments
        10.7.  Garmin Ltd.
                10.7.1.  Snapshot
                10.7.2.  Overview
                10.7.3.  Offerings
                10.7.4.  Financial Insight
                10.7.5.  Recent Developments
        10.8.  Huawei Investment & Holding Co. Ltd.
                10.8.1.  Snapshot
                10.8.2.  Overview
                10.8.3.  Offerings
                10.8.4.  Financial Insight
                10.8.5.  Recent Developments
        10.9.  Fossil Group Inc.
                10.9.1.  Snapshot
                10.9.2.  Overview
                10.9.3.  Offerings
                10.9.4.  Financial Insight
                10.9.5.  Recent Developments
        10.10.  Google LLC
                10.10.1.  Snapshot
                10.10.2.  Overview
                10.10.3.  Offerings
                10.10.4.  Financial Insight
                10.10.5.  Recent Developments
        10.11.  Microsoft Corporation
                10.11.1.  Snapshot
                10.11.2.  Overview
                10.11.3.  Offerings
                10.11.4.  Financial Insight
                10.11.5.  Recent Developments

11.  Appendix

        11.1.  Exchange Rates
        11.2.  Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1  Sources
Table 2  Study Periods
Table 3  Data Reporting Unit
Table 4  Global Wearable AI Devices Market Size, by Product, 2018 - 2023 (USD Billion)
Table 5  Global Wearable AI Devices Market Size, by Product,2025 - 2030  (USD Billion)
Table 6  Global AI Wristwear Market Size, by Type, 2018 - 2023 (USD Billion)
Table 7  Global AI Wristwear Market Size, by Type,2025 - 2030  (USD Billion)
Table 8  Global Wearable AI Devices Market Size, by Deployment Type, 2018 - 2023 (USD Billion)
Table 9  Global Wearable AI Devices Market Size, by Deployment Type,2025 - 2030  (USD Billion)
Table 10  Global Wearable AI Devices Market Size, by Component, 2018 - 2023 (USD Billion)
Table 11  Global Wearable AI Devices Market Size, by Component,2025 - 2030  (USD Billion)
Table 12  Global Wearable AI Devices Market Size, by End User, 2018 - 2023 (USD Billion)
Table 13  Global Wearable AI Devices Market Size, by End User,2025 - 2030  (USD Billion)
Table 14  Global Wearable AI Devices Market Size, by Region, 2018 - 2023 (USD Billion)
Table 15  Global Wearable AI Devices Market Size, by Region,2025 - 2030  (USD Billion)
Table 16  North America Wearable AI Devices Market Size, by Product, 2018 - 2023 (USD Billion)
Table 17  North America Wearable AI Devices Market Size, by Product,2025 - 2030  (USD Billion)
Table 18  North America AI Wristwear Market Size, by Type, 2018 - 2023 (USD Billion)
Table 19  North America AI Wristwear Market Size, by Type,2025 - 2030  (USD Billion)
Table 20  North America Wearable AI Devices Market Size, by Deployment Type, 2018 - 2023 (USD Billion)
Table 21  North America Wearable AI Devices Market Size, by Deployment Type,2025 - 2030  (USD Billion)
Table 22  North America Wearable AI Devices Market Size, by Component, 2018 - 2023 (USD Billion)
Table 23  North America Wearable AI Devices Market Size, by Component,2025 - 2030  (USD Billion)
Table 24  North America Wearable AI Devices Market Size, by End User, 2018 - 2023 (USD Billion)
Table 25  North America Wearable AI Devices Market Size, by End User,2025 - 2030  (USD Billion)
Table 26  North America Wearable AI Devices Market Size, by Country, 2018 - 2023 (USD Billion)
Table 27  North America Wearable AI Devices Market Size, by Country,2025 - 2030  (USD Billion)
Table 28  Europe Wearable AI Devices Market Size, by Product, 2018 - 2023 (USD Billion)
Table 29  Europe Wearable AI Devices Market Size, by Product,2025 - 2030  (USD Billion)
Table 30  Europe AI Wristwear Market Size, by Type, 2018 - 2023 (USD Billion)
Table 31  Europe AI Wristwear Market Size, by Type,2025 - 2030  (USD Billion)
Table 32  Europe Wearable AI Devices Market Size, by Deployment Type, 2018 - 2023 (USD Billion)
Table 33  Europe Wearable AI Devices Market Size, by Deployment Type,2025 - 2030  (USD Billion)
Table 34  Europe Wearable AI Devices Market Size, by Component, 2018 - 2023 (USD Billion)
Table 35  Europe Wearable AI Devices Market Size, by Component,2025 - 2030  (USD Billion)
Table 36  Europe Wearable AI Devices Market Size, by End User, 2018 - 2023 (USD Billion)
Table 37  Europe Wearable AI Devices Market Size, by End User,2025 - 2030  (USD Billion)
Table 38  Europe Wearable AI Devices Market Size, by Country, 2018 - 2023 (USD Billion)
Table 39  Europe Wearable AI Devices Market Size, by Country,2025 - 2030  (USD Billion)
Table 40  Asia-Pacific Wearable AI Devices Market Size, by Product, 2018 - 2023 (USD Billion)
Table 41  Asia-Pacific Wearable AI Devices Market Size, by Product,2025 - 2030  (USD Billion)
Table 42  Asia-Pacific AI Wristwear Market Size, by Type, 2018 - 2023 (USD Billion)
Table 43  Asia-Pacific AI Wristwear Market Size, by Type,2025 - 2030  (USD Billion)
Table 44  Asia-Pacific Wearable AI Devices Market Size, by Deployment Type, 2018 - 2023 (USD Billion)
Table 45  Asia-Pacific Wearable AI Devices Market Size, by Deployment Type,2025 - 2030  (USD Billion)
Table 46  Asia-Pacific Wearable AI Devices Market Size, by Component, 2018 - 2023 (USD Billion)
Table 47  Asia-Pacific Wearable AI Devices Market Size, by Component,2025 - 2030  (USD Billion)
Table 48  Asia-Pacific Wearable AI Devices Market Size, by End User, 2018 - 2023 (USD Billion)
Table 49  Asia-Pacific Wearable AI Devices Market Size, by End User,2025 - 2030  (USD Billion)
Table 50  Asia-Pacific Wearable AI Devices Market Size, by Country, 2018 - 2023 (USD Billion)
Table 51  Asia-Pacific Wearable AI Devices Market Size, by Country,2025 - 2030  (USD Billion)
Table 52  RoW Wearable AI Devices Market Size, by Product, 2018 - 2023 (USD Billion)
Table 53  RoW Wearable AI Devices Market Size, by Product,2025 - 2030  (USD Billion)
Table 54  RoW AI Wristwear Market Size, by Type, 2018 - 2023 (USD Billion)
Table 55  RoW AI Wristwear Market Size, by Type,2025 - 2030  (USD Billion)
Table 56  RoW Wearable AI Devices Market Size, by Deployment Type, 2018 - 2023 (USD Billion)
Table 57  RoW Wearable AI Devices Market Size, by Deployment Type,2025 - 2030  (USD Billion)
Table 58  RoW Wearable AI Devices Market Size, by Component, 2018 - 2023 (USD Billion)
Table 59  RoW Wearable AI Devices Market Size, by Component,2025 - 2030  (USD Billion)
Table 60  RoW Wearable AI Devices Market Size, by End User, 2018 - 2023 (USD Billion)
Table 61  RoW Wearable AI Devices Market Size, by End User,2025 - 2030  (USD Billion)
Table 62  RoW Wearable AI Devices Market Size, by Country, 2018 - 2023 (USD Billion)
Table 63  RoW Wearable AI Devices Market Size, by Country,2025 - 2030  (USD Billion)
Table 64  Snapshot – Apple Inc.
Table 65  Snapshot – Samsung Electronics Co. Ltd.
Table 66  Snapshot – Fitbit Inc.
Table 67  Snapshot – Xiaomi Corporation
Table 68  Snapshot – Sony Corporation
Table 69  Snapshot – BRAGI GmbH
Table 70  Snapshot – Garmin Ltd.
Table 71  Snapshot – Huawei Investment & Holding Co. Ltd.
Table 72  Snapshot – Fossil Group Inc.
Table 73  Snapshot – Google LLC
Table 74  Snapshot – Microsoft CorporationList of Figures

Figure 1  Market Coverage
Figure 2  Research Phases
Figure 3  Secondary Products for Different Parameters
Figure 4  Methodology
Figure 5  Data Mining & Exploration
Figure 6  Data Triangulation
Figure 7  Assumptions for Market Estimation and Forecast
Figure 8  Market Synopsis
Figure 9  Global Wearable AI Devices Market - Growth Drivers and Restraints
Figure 10  Competitive Benchmark
Figure 11  Global Wearable AI Devices Market Highlight
Figure 12  Global Wearable AI Devices Market Size, by Product, 2018 - 2030(USD Billion)
Figure 13  Global AI Wristwear Market Size, by Type, 2018 - 2030(USD Billion)
Figure 14  Global Wearable AI Devices Market Size, by Deployment Type, 2018 - 2030(USD Billion)
Figure 15  Global Wearable AI Devices Market Size, by Component, 2018 - 2030(USD Billion)
Figure 16  Global Wearable AI Devices Market Size, by End User, 2018 - 2030(USD Billion)
Figure 17  Global Wearable AI Devices Market Size, by Region, 2018 - 2030(USD Billion)
Figure 18  North America Wearable AI Devices Market Highlight
Figure 19  North America Wearable AI Devices Market Size, by Product, 2018 - 2030(USD Billion)
Figure 20  North America AI Wristwear Market Size, by Type, 2018 - 2030(USD Billion)
Figure 21  North America Wearable AI Devices Market Size, by Deployment Type, 2018 - 2030(USD Billion)
Figure 22  North America Wearable AI Devices Market Size, by Component, 2018 - 2030(USD Billion)
Figure 23  North America Wearable AI Devices Market Size, by End User, 2018 - 2030(USD Billion)
Figure 24  North America Wearable AI Devices Market Size, by Country, 2018 - 2030(USD Billion)
Figure 25  Europe Wearable AI Devices Market Highlight
Figure 26  Europe Wearable AI Devices Market Size, by Product, 2018 - 2030(USD Billion)
Figure 27  Europe AI Wristwear Market Size, by Type, 2018 - 2030(USD Billion)
Figure 28  Europe Wearable AI Devices Market Size, by Deployment Type, 2018 - 2030(USD Billion)
Figure 29  Europe Wearable AI Devices Market Size, by Component, 2018 - 2030(USD Billion)
Figure 30  Europe Wearable AI Devices Market Size, by End User, 2018 - 2030(USD Billion)
Figure 31  Europe Wearable AI Devices Market Size, by Country, 2018 - 2030(USD Billion)
Figure 32  Asia-Pacific Wearable AI Devices Market Highlight
Figure 33  Asia-Pacific Wearable AI Devices Market Size, by Product, 2018 - 2030(USD Billion)
Figure 34  Asia-Pacific AI Wristwear Market Size, by Type, 2018 - 2030(USD Billion)
Figure 35  Asia-Pacific Wearable AI Devices Market Size, by Deployment Type, 2018 - 2030(USD Billion)
Figure 36  Asia-Pacific Wearable AI Devices Market Size, by Component, 2018 - 2030(USD Billion)
Figure 37  Asia-Pacific Wearable AI Devices Market Size, by End User, 2018 - 2030(USD Billion)
Figure 38  Asia-Pacific Wearable AI Devices Market Size, by Country, 2018 - 2030(USD Billion)
Figure 39  RoW Wearable AI Devices Market Highlight
Figure 40  RoW Wearable AI Devices Market Size, by Product, 2018 - 2030(USD Billion)
Figure 41  RoW AI Wristwear Market Size, by Type, 2018 - 2030(USD Billion)
Figure 42  RoW Wearable AI Devices Market Size, by Deployment Type, 2018 - 2030(USD Billion)
Figure 43  RoW Wearable AI Devices Market Size, by Component, 2018 - 2030(USD Billion)
Figure 44  RoW Wearable AI Devices Market Size, by End User, 2018 - 2030(USD Billion)
Figure 45  RoW Wearable AI Devices Market Size, by Country, 2018 - 2030(USD Billion)