The global wearable technology market size reached USD 72.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 200.75 Billion by 2033, exhibiting a growth rate (CAGR) of 13.58% during 2025-2033. North America currently dominates the market, holding a market share of over 33.6% in 2024. The market is driven by the increasing consumer demand for health tracking, advancements in sensor technology, expanding healthcare applications, and integration with the Internet of Things (IoT) ecosystems.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 72.50 Billion
Market Forecast in 2033	USD 200.75 Billion
Market Growth Rate 2025-2033	13.58%

IMARC Group provides an analysis of the key trends in each sub-segment of the global wearable technology market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product and application.

The Smart Wearable Market Report is Segmented by Product (Smartwatches, Hearables, and More), Component (Hardware, Software and Apps, and Services and Subscriptions), Connectivity Technology (Bluetooth/BLE, Cellular, and More), Application/End-use (Consumer Electronics and Lifestyle, Healthcare and Medical, and More), Distribution Channel (Online, Offline), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

The global smart wearable devices market size was worth over USD 82.93 billion in 2024 and is poised to grow at a CAGR of around 20.6%, reaching USD 946.73 billion revenue by 2037. Smartwatches segment is projected to capture 41% industry share, due to reduced battery prices and multifunctional features of smartwatches.

The Wearable Technology Market report segments the industry into Type Of Device (Smart Watches, Head-Mounted Displays, Wristbands, Ear-Wearables, Other Device Types (Smart Clothing)) and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). Five years of historical data and five-year market forecasts are included.

Snapshot img

Wearables Market Size 2025-2029

The wearables market size is forecast to increase by USD 112.35 billion, at a CAGR of 18.1% between 2024 and 2029.

The market is witnessing significant growth, driven by the increasing preference for these devices as convenient payment solutions. This trend is particularly evident in the adoption of smartwatches and fitness bands, which offer contactless payment capabilities, enhancing user convenience and eliminating the need for carrying physical wallets. Another key driver is the advancement in low-power electronics, enabling the development of wearables with extended battery life and improved functionality. However, the market faces challenges as well. The growing prevalence of counterfeit products poses a significant threat, with consumers often drawn to the lower prices of these imitations. This not only impacts the reputation of genuine wearable brands but also raises concerns regarding data security and privacy. Companies must address these challenges by implementing robust anti-counterfeiting measures and ensuring transparency in their supply chains to maintain consumer trust and loyalty.

What will be the Size of the Wearables Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with new applications and technologies shaping consumer behavior and industry dynamics. Step counting remains a popular feature, but wellness applications are gaining traction, integrating predictive analytics and biometric sensors to offer personalized health insights. Wearables are increasingly being used in sports performance tracking, with sensor fusion and haptic feedback providing real-time feedback to athletes. GPS modules and cellular connectivity enable wearables to offer navigation and communication capabilities, expanding their use cases in various sectors. Big data analytics and machine learning are being leveraged to enhance user experience and offer customized solutions. Retail channels are adapting to the market, with online sales and direct-to-consumer models gaining popularity. Design aesthetics and user interface are becoming essential factors in consumer decision-making, with OLED displays and customization features offering a premium experience. Data security and privacy concerns are being addressed through advanced encryption and user control. Wearables are also being explored in medical applications, elder care, and military operations, highlighting their versatility. Power management and pricing strategies are key considerations for manufacturers, with wireless charging and NFC technology offering convenient solutions. The market is continually unfolding, with new applications and technologies shaping its future.

How is this Wearables Industry segmented?

The wearables industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductSmartwatchesWireless headphonesHMDsSmart bandsOthersDistribution ChannelOnlineOfflineEnd-userConsumer electronicsIndustrialMedicalOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth KoreaRest of World (ROW)

By Product Insights

The smartwatches segment is estimated to witness significant growth during the forecast period.In the dynamic realm of wearable technology, smartwatches have emerged as a significant segment, offering a myriad of functionalities. These devices, which include brands like Apple, Samsung, and Sony, enable users to make calls, send messages, and access various apps, all while monitoring health metrics such as steps taken, calories burned, heart rate, and sleep patterns. The integration of artificial intelligence and machine learning enhances user experience through personalized suggestions and predictive analytics. Moreover, the market is witnessing a surge in partnerships between wearable companies and industry players, fostering innovation and advancing technology. These collaborations facilitate the integration of features such as mobile payments, music playback, and GPS navigation. Additionally, wearables are being employed in medical applications, enterprise solutions, and military applications, broadening their scope. The smartwatch market's growth is further fueled by advancements in materials science, leading to the development of dust-resistant and water-resistant devices. Companies are also focusing on design aesthetics, ensuring wearables are not only functional but also fashionable. Furthermore, the adoption of cloud computing and big data analytics enables seamless data integration and visualization. Privacy concerns and power management remain key challenges in th

The smart wearables market is expected to witness significant growth between 2025 and 2035, driven by increasing consumer demand for fitness tracking, advancements in health monitoring technology, and the expansion of IoT-enabled wearable devices. The market is projected to be valued at USD 85,198.5 million in 2025 and is anticipated to reach USD 505,954.5 million by 2035, reflecting a CAGR of 19.5% over the forecast period.

Metric	Value
Industry Size (2025E)	USD 85,198.5 million
Industry Value (2035F)	USD 505,954.5 million
CAGR (2025 to 2035)	19.5%

Country-wise Outlook

Country	CAGR (2025 to 2035)
United States	19.8%

Country	CAGR (2025 to 2035)
United Kingdom	19.2%

Region	CAGR (2025 to 2035)
European Union	19.6%

Country	CAGR (2025 to 2035)
Japan	19.0%

Country	CAGR (2025 to 2035)
South Korea	20.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
Apple Inc.	12-16%
Samsung Electronics Co., Ltd.	10-14%
Fitbit (Google LLC)	8-12%
Garmin Ltd.	6-10%
Huawei Technologies Co., Ltd.	4-8%
Other Companies (combined)	45-55%

Apple is establishing a solid hold on wearable device unit shipments with nearly ** percent in the second quarter of 2024, dominating the market. Competition With a strong presence in the health and fitness wearable market, Fitbit had been a leader in the wearable industry since early 2014, when the company held about ** percent of the market share. In 2021, it was acquired by Google. Xiaomi, a Chinese electronics company, has gained market share in 2015 and now is the third biggest wearable vendor in the world, with around **** percent of the market share in the most recent quarter. Apple - market leader In 2024, Apple was the leading wearable vendor, thanks to the successful introduction of the Apple Watch to the smartwatch market. The smartwatch market is a promising segment within the wearable industry, as the global smartwatch shipments increased in the last years. Apple shipped nearly **** million units in the first quarter of 2024. Yet, Apple faces tough competition from many vendors entering the market, especially from China. In the latest quarter, over ** percent of the market share was held by many companies categorized as others.

The report covers India Smart Wearables Companies and the market is segmented by product (Smart Watches, Head-Mounted Displays, Smart Clothing, Ear Worn, Fitness Tracker, Body-Worn Camera, Exoskeleton, Medical Devices).

The smart wearables market is expected to reach USD 303.98 billion by 2029 from USD 109.34 billion in 2023, growing at a CAGR of 18.58% from 2023 to 2029.

The wearable technology market continues to evolve, with ear wear devices leading the pack in global shipments. By 2024, over *** million ear wear units are expected to be shipped worldwide, showcasing the growing popularity of these devices. Smartwatches are not far behind, with projections indicating shipments will reach well over *** million units by 2028, highlighting the diverse and expanding nature of the wearables industry. Wearables market expanding rapidly The wearables market is experiencing steady growth, with wearable shipments forecast to reach over *** million units in 2025, representing a *** percent increase from the previous year. This growth is driven by various categories, including hearables, watches, and wristbands. This continuous increase in wearable revenues reflects the growing consumer demand for wearable technology and its integration into various aspects of daily life. As the market expands, we can expect to see further innovations and improvements in wearable devices, catering to evolving consumer needs and preferences. Apple leading smartwatch shipments globally The future of the wearables market, particularly smartwatches, appears promising. Revenue in the smartwatch segment is expected to grow by an impressive **** percent between in 2025, reaching a projected ** billion U.S. dollars in revenue that year. Apple has emerged as the dominant player in this competitive landscape, leading worldwide wearables unit shipments by a considerable margin. The company's success is particularly evident in the smartwatch segment, where it consistently holds over ** percent share of smartwatch shipments worldwide.

Snapshot img

Wearable Technology Market Size 2025-2029

The wearable technology market size is forecast to increase by USD 99.4 billion, at a CAGR of 17.3% between 2024 and 2029.

The market is witnessing significant growth, driven by the increasing popularity of wearable devices as a payment method. This trend is fueled by the convenience and ease of use that wearable technology offers for financial transactions. Another key driver is the development of low-power electronics, enabling longer battery life and more continuous usage for wearable devices. However, the market also faces challenges, including the rising penetration of counterfeit products. These counterfeits not only undermine the reputation of legitimate wearable technology companies but also pose security risks to consumers. Companies in the market must navigate these challenges by implementing robust security measures and educating consumers on the risks associated with counterfeit products.
To capitalize on market opportunities, businesses should focus on innovation, offering unique features and functionalities to differentiate their products from competitors. Additionally, partnerships and collaborations with key players in related industries, such as healthcare and fitness, can help expand market reach and create new revenue streams.

What will be the Size of the Wearable Technology Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic innovations shaping its landscape. Integrating personalized insights, mobile app connection, and body composition analysis, these devices offer a myriad of applications across various sectors. Sports enthusiasts utilize wearables for performance tracking, while corporate wellness programs leverage them for employee health monitoring. Design aesthetics, bluetooth connectivity, water resistance, and gps tracking are essential features, ensuring seamless integration into daily life. Wearable operating systems, fall detection, and fitness applications provide enhanced user experiences, enabling real-time data analytics. Heart rate monitors and activity recognition offer valuable health insights, while data visualization and machine learning facilitate predictive analytics.

Healthcare applications, including medication reminders and emergency sos, further expand the market's reach. Power management, NFC technology, and wearable sensors are crucial advancements, addressing concerns around battery life and data security. User profiles, cloud storage, and data synchronization ensure a customized experience. Innovations in materials science, sleep monitoring, and stress level monitoring continue to unfold, with wearables incorporating skin temperature sensors, electrocardiogram (ECG), and electrodermal activity (EDA) sensors. Wearables also integrate health coaching, Wi-Fi connectivity, and user interface (UI) personalization algorithms. The market's continuous dynamism extends to emerging trends like sensor fusion, supply chain management, and data security.

As wearable technology evolves, it redefines the way we monitor, manage, and improve our health and wellbeing.

How is this Wearable Technology Industry segmented?

The wearable technology industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Wrist-wear
  Eyewear and headwear
  Footwear
  Neckwear
  Others


Application

  Consumer electronics
  Healthcare
  Enterprise and industrial
  Entertainment
  Others


Connectivity

  Wi-Fi
  Bluetooth
  Cellular
  NFC


Technology

  Computing
  Display
  Network
  Positioning


Distribution Channel

  Online Retail
  Electronics Stores
  Specialty Retail
  Direct Sales
  Others


End-User

  Consumers
  Healthcare Providers
  Enterprises
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The wrist-wear segment is estimated to witness significant growth during the forecast period.

Wearable technology, encompassing smartwatches and bands, is revolutionizing the way we monitor and manage our health and fitness. Regulatory compliance ensures the safety and privacy of health data. Smartwatches offer advanced functionalities, including making calls, messaging, and health monitoring through electrocardiogram (ECG), calorie tracking, heart rate monitors, and sleep stage detection. They integrate with mobile apps and

The UK Wearable Technology Market is Segmented by Type of Device (Smart Watches, Head-mounted Displays, Wristbands, Ear-wearables).

The wearable technology market size is estimated to rise from $117.99 billion in 2024 to $984.3 billion by 2035, growing at a CAGR of 21.27% from 2024 to 2035.

Wearable Technology market expected to rise from USD 95.94 billion in 2025 to USD 302.27 billion by 2034, at a CAGR of 14.2% during the forecast period.

According to Cognitive Market Research, the global Wearable Technology market size will be USD 117514.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 18.70% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 47005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 35254.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 27028.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.7% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 5875.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.1% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2350.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.4% from 2024 to 2031.
The wristwear held the highest Wearable Technology market revenue share in 2024.

Market Dynamics of Wearable Technology Market

Key Drivers for Wearable Technology Market

Increasing consumer demand for health and fitness tracking

The market for wearable technology is rapidly expanding due to growing consumer focus on health and fitness. Despite busy lifestyles, individuals from around the world remain committed to investing in health and fitness. As more individuals are becoming aware of the benefits of maintaining a healthy and active lifestyle, more individual are taking part in physical activities like sports, yoga, athletics and gym workouts. The popularity of wearable fitness tracking devices, such as, fitness watches and rings that allow individuals to proactively manage their health by tracking vitals like heart rate, sleep quality and other activity levels are further encouraging people to build better habits. Wearable devices and fitness apps collect large volumes of user data allowing for the creation of data-driven fitness programs that provide highly customized insights and suggestions.

For instance, several developed markets are achieving new benchmarks in fitness engagement. Countries such as the U.S., U.K., Spain, and Switzerland have all reported record-high penetration rates and fitness facility memberships.

(Source:https://www.healthandfitness.org/improve-your-club/industry-news/global-health-and-fitness-industry-poised-for-further-expansion/ )

Advancements in Technology to Propel Market Growth

The Wearable Technology market has witnessed steady growth, driven by advancements in technology. Component miniaturization, longer battery life, and greater sensor capabilities have all contributed to the development of increasingly complex and user-friendly systems. These technical advancements have broadened the possibilities for wearable technology, ranging from simple fitness trackers to sophisticated health monitoring systems. Furthermore, the integration of artificial intelligence and machine learning has created new opportunities for data analysis and tailored experiences, accelerating market growth. As technology advances, the wearable technology sector is primed for continued expansion.

Restraint Factor for the Wearable Technology Market

Growing concerns around data privacy and security

Users today are more concerned about the security of their data and potential for misuse. Wearable devices collect significant amounts of personal data, raising concerns about data breaches, unauthorized access and how the collected data is shared and stored. Since wearables hold a lot of personal information, they are a prime target for cybercriminals, raising serious concerns about the possibility of data breaches.

For instance, the sensitivity of wearable data was highlighted by a 2021 data breach that revealed over 61 million activity tracker records from Fitbit and Apple.

(source:https://www.mobihealthnews.com/news/fitbit-apple-fitness-tracker-data-exposed-non-password-protected-database )

Impact of Covid-19 on the Wearable Technology Market

The COVID-19 pandemic catalyzed the wearable technology market, propelling it into a period of unprecedented growth and transformation. While the initial stage...

The smart wearables market growth is anticipated at $32 billion by 2030

Snapshot img

Wearables Market in US Size 2025-2029

The wearables market in US size is forecast to increase by USD 38.32 billion, at a CAGR of 17.8% between 2024 and 2029.

The Wearables Market in the US is witnessing significant growth, driven by the increasing preference for wearable devices as a convenient and secure payment method. This trend is particularly prominent among tech-savvy consumers seeking contactless and hassle-free transactions. Furthermore, the market is witnessing continuous advancements in the development of low-power electronics, enabling the creation of increasingly sophisticated wearable devices with extended battery life and improved functionality. However, the market is not without challenges. The proliferation of counterfeit products poses a significant threat to both consumers and legitimate market players. Counterfeit wearables not only compromise user safety and data security but also undermine the reputation of the industry.
Companies must invest in robust anti-counterfeiting measures and collaborate with regulatory bodies to mitigate this challenge and protect their market position. By staying abreast of these trends and challenges, businesses can capitalize on the growing demand for wearables and differentiate themselves through innovation and security.

What will be the Size of the Wearables Market in US during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The wearables market in the US continues to evolve, driven by advancements in technology and expanding applications across various sectors. Wearable fitness trackers, equipped with activity tracking algorithms, gyroscope sensor fusion, and health monitoring sensors, are leading the charge. For instance, a leading fitness tracker brand reported a 30% increase in sales last year, attributable to the device's ability to accurately track steps, monitor heart rate, and assess sleep stages. Industry growth is expected to reach double digits, with a significant portion attributed to the integration of biometric data analysis, fall detection systems, and mental health tracking. User interface design, wireless communication protocols, and data encryption methods are crucial considerations, ensuring seamless user experience and data security.

Wearable sensor technology is advancing, with miniaturization enabling the integration of sensors for blood oxygen saturation, stress level assessment, electrodermal activity, and skin temperature sensing. These sensors, combined with calorie expenditure estimation, gait analysis systems, and body composition measurement, offer personalized health insights and remote patient monitoring. Sleep apnea detection, power consumption optimization, and posture monitoring are additional features gaining traction. Wearable devices are increasingly being adopted for professional settings, such as construction sites, where fall detection systems and heart rate variability monitoring can enhance safety and productivity. In the realm of mental health, wearables are being explored for stress level assessment and mental health tracking. These applications underscore the continuous dynamism of the market, with ongoing innovation and unfolding patterns shaping the future of wearable technology.

How is this Wearables in US Industry segmented?

The wearables in US industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Consumer electronics
  Healthcare
  Enterprise and industrial
  Others


Product

  Smart watches
  Wireless headphones
  HMDs
  Smart bands
  Others


Distribution Channel

  Online
  Offline


Geography

  North America

    US

By Application Insights

The consumer electronics segment is estimated to witness significant growth during the forecast period.

The US wearables market is characterized by advanced technology integration into consumer electronics designed for use on the body. Smartwatches, a significant segment, offer digital functionalities such as fitness monitoring, notifications, and contactless payments, with market leaders like Google, Garmin, Apple, and Samsung spearheading innovation. Fitness trackers, another prominent category, focus on measuring and analyzing health metrics, including steps, calories, heart rate, and sleep stages. These devices employ gyroscope sensor fusion, accelerometer data, and biometric data analysis to deliver accurate results. Comfort and ergonomics are crucial considerations, with wearable sensors ensuring material biocompatibility. Wearable health monitoring sensors also encompass blood oxygen saturation, electrodermal activity, skin temperature sensing, and men

According to Cognitive Market Research, the global consumer smart wearables Market size is USD 82518.8 million in 2024 and will expand at a compound annual growth rate (CAGR) of 19.60% from 2024 to 2031.

North America held the major market, accounting for more than 40% of global revenue and having a market size of USD 33007.52 million in 2024. It will grow at a compound annual growth rate (CAGR) of 17.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 24755.64 Million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 18979.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.6% from 2024 to 2031.
Latin America's market will account for more than 5% of global revenue and be worth USD 4125.94 million in 2024, growing at a compound annual growth rate (CAGR) of 19.0% from 2024 to 2031.
The Middle East and Africa held the major market, accounting for around 2% of global revenue and having a market size of USD 1650.38 million in 2024. This market will grow at a compound annual growth rate (CAGR) of 19.3% from 2024 to 2031.
The Smartwatches held the highest consumer smart wearables Market revenue share in 2024.

Market Dynamics of Consumer Smart Wearables Market

Key Drivers for Consumer Smart Wearables Market

Rising Change in Consumer Lifestyles Increase the Demand Globally

Technological advancements play a crucial role in the expansion of the consumer smart wearables market. Innovations such as advanced sensors, improved battery life, miniaturization of components, and enhanced connectivity have made wearable devices more functional, efficient, and appealing to consumers. These advancements enable wearable devices to offer a wide range of features, including fitness tracking, health monitoring, communication, navigation, and entertainment, thereby enhancing their utility and attractiveness to consumers. Changing consumer lifestyles have fueled the demand for smart wearables. With the proliferation of smartphones and the internet, consumers are increasingly seeking convenient and connected solutions to manage their daily activities, monitor their health, and stay connected with the digital world. Smart wearables provide users with real-time access to information, notifications, and services, allowing them to stay productive, organized, and entertained while on the go.

Growing Prevalence Of Chronic Diseases to Propel Market Growth

The rising prevalence of chronic diseases and the growing focus on health and wellness have stimulated the adoption of wearable devices for health monitoring and fitness tracking purposes. Consumers are becoming more proactive about managing their health. They are turning to wearable devices to track their physical activity, monitor their vital signs, analyze their sleep patterns, and receive personalized insights and recommendations for improving their overall well-being. Furthermore, the integration of wearable technology across various industries, including healthcare, sports and fitness, fashion, entertainment, and gaming, has expanded the addressable market for smart wearables. Healthcare providers are leveraging wearable devices for remote patient monitoring, disease management, and preventive care, leading to improved patient outcomes and reduced healthcare costs. In the sports and fitness sector, athletes and fitness enthusiasts are using wearables to track their performance, set goals, and optimize their training routines. Fashion brands are collaborating with technology companies to create stylish and customizable smart wearables that appeal to fashion-conscious consumers. In the entertainment and gaming industry, wearable devices are being used to enhance immersive experiences and enable new forms of interaction and gameplay.

Restraint Factor for the Consumer Smart Wearables Market

High Initial Cost to Limit the Sales

One of the primary barriers to entry for consumers is the high upfront cost associated with purchasing smart wearables. Devices such as smartwatches, fitness trackers, and augmented reality glasses often come with a hefty price tag, limiting their accessibility to a subset of the population. This cost factor can deter price-sensitive consumers and hinder market expansion. Many smart wearables struggle with battery life, requiring frequent recharging or battery replacements. This limitation undermines the convenience ...

The wearable device industry is dominated by Apple, Xiaomi, Samsung, and Huawei. In 2022, Apple was the leading wearables vendor, occupying **** percent of the market. Prior to Apple becoming the leading wearable devices vendor in 2017, Fitbit was the market leader with market shares close to ** percent. Hearables and smartwatches driving the growth of wearables     Within the space of a decade, worldwide unit shipments of wearable devices are forecast to grow dramatically. Hearables and smartwatches are forecast to be the largest wearable device categories in the next few years, with the hearables market growing much faster than smartwatches. Particularly, the growth of the hearables market has been supported by high levels of product innovation, with high-quality microphones and speakers embedded within the devices that allow users to interact with virtual assistants such as Apple’s Siri and the Google Assistant. Medical wearables and smart glasses    Wearables are used in other contexts as well, such as medicine and immersive experiences. Particularly, shipments of medical wearable sensors and devices are forecast to increase in the coming years, with around *** million units expected to be shipped by 2024. North America is a leading region in the medical wearables market, followed by Europe with around ** percent of the market share. Moreover, augmented reality (AR) glasses are gaining in popularity both for consumers and enterprises, with around *** million units unit sales expected in 2024.

The report covers Australia Wearable Technology and it is segmented by End-User (Babies, Kids, Adults, Elderly) and by Product (Smartwatches, Head Mounted Displays, Ear Worn, Fitness Trackers/Activity Trackers). The market size and forecasts are provided in terms of value (USD million) for all the above segments.