The statistic shows the global smartwatch shipments' share by vendor from 2015 to 2018. In 2018, the Apple Watch accounted for ** percent of global smartwatch shipments.

In the final quarter of 2017, Apple products accounted for nearly ** percent of all shipments in the global smartwatch market, with the company’s biggest competitor, Samsung, only securing around *** percent of the market share. Although the other vendors have caught up in more recent quarters, Apple’s market share still amounted to a dominating ** percent in the fourth quarter of 2018. Smartwatches In addition to its status as the biggest smartwatch vendor in terms of market share, Apple also produces the most recognizable smartwatch product in the space, with around half of all U.S. consumers being familiar with the company’s Apple Watch products. Despite the “watch” moniker, these consumer electronics do much more than simply telling the time. Many smartwatches include apps, GPS, and heart rate monitors. According to U.S. users, the most important smartwatch applications generally deal with fitness/health, communication, and maps. Wearables The smartwatch market falls under the broader “wearables” category, which includes everything from smartwatches, to fitness trackers, to smart fabric. Considering the wearables market as a whole, Apple remains the strongest brand in terms of shipment share, but faces significant competition from brands like Xiaomi, Huawei, Fitbit, and Samsung.

Wearable device manufacturers have experienced growth over the past five years, benefiting from sustained customer interest and an expansion in use cases. The integration of wearable devices into healthcare has been a primary driver for growth, driven by advancements in sensor technology, data analytics and an increased focus on health monitoring and chronic disease management. The industry's overall surge in adoption spans beyond healthcare, however, extending to individual users who use the devices for fitness tracking and maintaining connectivity through smartwatches and fitness bands. Meanwhile, the processing capabilities of wearable devices have improved, enabling efficient performance of sophisticated tasks, such as extensive data collection and real-time analysis. Despite the widespread use and demand for wearable devices in the US, most are still manufactured abroad, predominantly in China. This trend is supported by China’s well-established electronics manufacturing industry and the cost-effectiveness of its production capabilities, which helps companies maintain competitive pricing and profit. The reliance on international manufacturing represents a relatively small wearable device manufacturing industry in the US, despite the high domestic demand. Nevertheless, the domestic industry continues to grow at a rapid pace, with industry revenue increasing at an annualized rate of 11.5% over the past five years to reach $2.1 billion, including a 4.3% growth rate in 2025 alone. During the current year, growth has been limited by trade policy uncertainty, which has impacted input material costs and margins across the industry Advancements in sensor technology, AI integration, and improved battery life will continue to drive wearable device adoption, making them more versatile and appealing to a broader range of users. Lower manufacturing costs and rapid technological advancements will drive down prices, increasing accessibility, especially in developing regions. Emerging product categories like VR headsets will also broaden applications across entertainment, fitness, healthcare and professional use. Meanwhile, favorable exchange rates and trade policy resolutions are expected to boost exports despite regulatory uncertainties. Overall, the industry is forecast to grow at an annualized rate of 4.0% to reach $2.6 billion by 2030.

In 2017, unit sales for smartwatches are expected to reach around 75 million units worldwide, nearly doubling the sales total from the previous year. Apple produces one of the most popular devices in the industry, the Apple Watch, which gives the company one of the highest market shares among all smartwatch manufacturers. Wearables The wearable electronic device subsector of the broader consumer electronics industry consists of everything from fitness trackers, to smart watches, to smart fabrics. Wearables make use of internet connectivity to track users’ data, allow them to view apps, and provide calculations and feedbacks. One of the most popular types of wearable devices is the fitness tracker, many of which use GPS and heart rate sensors to measure physical activity and track the health of users. Internet of Things The internet of things (IoT) refers to the growing share of electronic devices that are manufactured with internet capability in order to track data for their users and provide greater coordination between devices. The number of IoT connected devices is projected to grow each year, with internet connectively becoming an increasingly popular feature in household appliances, consumer electronics, and even automobiles.

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Wearable Computing Devices Market Size 2024-2028

The wearable computing devices market size is forecast to increase by USD 52.8 bn at a CAGR of 16.6% between 2023 and 2028.

Wearable computing devices have witnessed significant growth in recent years, driven by several key trends. The increasing technological advancements have led to the development of more sophisticated and feature-rich wearable devices. Moreover, there is a rising awareness among consumers regarding health and fitness, leading to a surge in demand for wearable devices that can monitor and track health metrics. However, one of the major challenges facing the market is the high cost of these devices, which may limit their adoption among budget-conscious consumers. Despite this challenge, the market is expected to continue its growth trajectory, driven by the aforementioned trends and the potential for new applications and use cases in various industries.

What will be the Size of the Wearable Computing Devices Market during the Forecast Period?

Request Free SampleThe market encompasses a diverse range of technology products worn on various parts of the body, including wrists, necks, lanyards, necklaces, heads, shoes, and more. These devices integrate information and communication capabilities into everyday wearables, transforming them into tools for enhancing productivity and convenience in workplaces. Wearables incorporate advanced technologies such as augmented reality, speech recognition, and virtual reality, offering users immersive experiences and real-time data access. Health-focused wearables monitor vital signs, sleep patterns, exercise, and heart rate, while safety-enhancing devices provide real-time alerts and coexistence testing capabilities. The market's evolution from simple wristwatches and jewelry to sophisticated, multifunctional devices has been rapid, with early innovations like Google Glass paving the way for today's advanced offerings.Despite the potential health risks associated with prolonged use, the market's growth is driven by the increasing demand for seamless information access and integration into daily life.

How is this Wearable Computing Devices Industry segmented and which is the largest segment?

The wearable computing devices industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductSmart watchesFitness trackersSmart glassesHead mounted displaysOthersGeographyNorth AmericaCanadaUSAPACChinaIndiaEuropeGermanySouth AmericaMiddle East and Africa

By Product Insights

The smart watches segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth, particularly In the smartwatch segment. With urbanization and technology advancements, there is a growing demand for compact, multifunctional devices. Smartwatches are leading this trend, offering features such as health and fitness tracking, communication, and even luxury design. Key drivers include a health-conscious population, increasing smartphone usage, and rising disposable income. Apple Watches, introduced in 2015, have been market leaders, influencing competitors to innovate and improve. Wearable technology extends beyond smartwatches, encompassing devices like Google Glass, VR headsets, and AR glasses. These devices integrate human-computer interaction, speech recognition, and virtual/augmented reality, enhancing daily tasks and workloads.Wearable technology also includes health-focused devices, such as pain management devices, fitness trackers, and sleep monitors. Safety concerns, including heat, bulkiness, and potential health risks, are being addressed through coexistence testing and advancements in technology. The market's history is marked by innovations like the abacus, calculator watches, portable radios, and cell phones, evolving into today's sophisticated wearable devices.

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The Smart watches segment was valued at USD 11.05 bn in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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Wearable computing devices, including wrist watches, jewelry, headgear, shoes, bags, and clothing integrated with technology, have gained significant popularity in North America, with the US and Canada being major markets. The increasing disposable income and consumer interest in new technology are key growth drivers. Health concerns have fueled the demand for wearable f

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.

Apple is the leading vendor in terms of worldwide wearables unit shipments, with a total unit shipment of over 20.5 million units in the first quarter of 2024. Wearable unit shipments The wearable industry has been growing at a fast pace in the last few years. Around 113 million wearables were shipped worldwide in first quarter of 2024 alone, representing an increase compared to the previous years. Around 492 million wearable units – smartwatches, fitness monitors, smart wearables, head-mounted displays and many other devices were sold in 2022 alone. Competition Fitbit was overtaken by Apple and Xiaomi in 2017 and was acquired by Google in 2021. Apple is currently the biggest wearable vendor, accounting for 29.7 percent of the market share in 2022. Thanks to the introduction of the Apple Watch to the consumer market in April 2015, the technology company quickly grew its market share in the smartwatch market, previously led by Samsung. Apple shipped about 146.3 million units in 2022.

Smartwatch shipments worldwide have been increasing over the last few years. With *** million smartwatch shipments as of the second quarter of 2021, Apple is the leading smartwatch vendor, followed by Samsung with *** million-unit shipments. The Apple Watch     Only unveiled in 2015, the Apple Watch has revolutionized the smartwatch industry and has currently more than **** of the global smartwatch market- making it the leading smartwatch vendor. The device captured over ** percent of the smartwatch shipments market within its first few months on sale, decreasing the market share of Samsung- the market leader at that time. The Apple Watch has been the market leader since then, with its market share continuing to increase following the launch of the Apple Watch Series in 2015. Wearable devices: a consumer electronics essential    Wearable devices come in a wide array of forms and serve different purposes ranging from fashion accessories, fitness trackers, gaming devices, and navigation tools. Wearable devices are quickly becoming an integral segment of the consumer electronics industry with increasing sales and shipments of wearable devices worldwide. Of all wearable devices, smartwatches account for the largest share of end-consumer spending globally and is projected to keep growing.

Snapshot img { margin: 10px !important; } Outlook of the global motion controlled remote marketTechnavio’s market research analyst predicts that the global market for motion-controlled remotes will grow steadily at a CAGR of more than 9% by 2020. The increasing adoption of smart TVs among the populace and the high penetration of direct-to-home (DTH) connections globally are the two primary factors that bolster market growth during the forecast period.Geographically, the APAC region is anticipated to account for more than 44% of the total market share by the end of 2020. Much of this region’s growth can be attributed to the augmented adoption of smart TVs during the forecast period. This growing adoption of smart TVs will bolster the need for motion-controlled remotes, which in turn will lead to market growth during the forecast period.Technology-based segmentation of the motion controlled remote marketIR-based motion-controlled remotes RF-based motion-controlled remotesIn this market study, analysts have estimated the RF-based motion-controlled remotes segment to be the fastest growing market segment during the predicted period. The ability of these remotes to eliminate the line-of-sight limitation, which is common in IR-based remotes, will lead to the growth of this segment during the forecast period.Segmentation by end-user and analysis of the motion controlled remote marketSmart TV Gaming console Set-top boxTechnavio market research analysts estimate the smart TV segment to dominate the market during the forecast period. Since smart TVs need a smart, simple, and efficient input device for navigational purposes, an increase in the adoption of these televisions will bolster the need for motion-controlled devices during the estimated period.Competitive landscape and key vendorsThe global motion controlled remote market is dominated by large vendors like LG and Nintendo. Since the market is still in its nascent stage, the proliferation of consumer electronic devices integrated with motion-sensing software will increase the growth prospects of the market during the forecast period.The leading vendors in the market are -Hillcrest Labs LG Nintendo Samsung SMKOther prominent vendors in the market include Ruwido, 4MOD Technology, and Invensense.Key questions answered in the report includeWhat will the market size and the growth rate be in 2020? What are the key factors driving the global motion controlled remote market? What are the key market trends impacting the growth of the motion controlled remote market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the vendors in the global motion controlled remote market? Trending factors influencing the market shares of the Americas, APAC, and EMEA? What are the key outcomes of the five forces analysis of the motion controlled remote market?Technavio also offers customization on reports based on specific client requirement.Related reports:Global Gesture Recognition Market for Smartphones 2015-2019 Global Smartwatches Market 2015-2019 Global Smart Thermostat 2015-2019 Global Remotes Market 2014-2018 Global IoT Devices Market 2015-2019

Huawei led the ranking of the leading smartwatch vendors worldwide in the second quarter of 2025, having represented ** percent of total shipments and overtaken Apple. To compare, Apple ranked second with a **-percent market share, which was ***** percentage points down from the previous quarter.

Automatic Fall Detection Market Outlook

The global automatic fall detection market size was valued at USD 392.5 million in 2023 and is expected to reach USD 1,484.3 million by 2032, growing at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2032. This notable growth can be attributed to the increasing elderly population, technological advancements in fall detection systems, and a rising awareness about the importance of timely medical interventions after falls.

One of the primary growth factors driving the automatic fall detection market is the aging global population. As the number of elderly individuals rises, there is an increasing need for reliable fall detection systems that can provide immediate assistance, thereby reducing the risk of severe injuries and fatalities. The World Health Organization (WHO) estimates that by 2050, the global population aged 60 years and older will total 2 billion, up from 900 million in 2015. This demographic shift underscores the importance of fall detection technologies in enhancing the quality of life and safety for the elderly.

Technological advancements also play a crucial role in the market's expansion. Innovations such as multi-sensor technology, machine learning algorithms, and integration with smart home systems have significantly improved the accuracy and efficiency of fall detection devices. These advancements enable more precise monitoring and quicker response times, thereby improving the overall effectiveness of fall detection systems. As technology continues to evolve, we can expect even more sophisticated features to be incorporated into these devices, further driving market growth.

Increasing awareness and proactive measures by governments and healthcare organizations are further fueling the adoption of automatic fall detection systems. Many countries are implementing policies and programs aimed at preventing falls among the elderly and encouraging the use of fall detection technologies. For instance, the U.S. Centers for Disease Control and Prevention (CDC) has launched various initiatives focused on fall prevention, which include promoting the use of advanced monitoring systems. Such efforts are expected to create a positive impact on the market over the forecast period.

Regionally, North America holds a significant share of the automatic fall detection market, driven by a well-established healthcare infrastructure and high adoption rates of advanced medical devices. Europe and Asia Pacific are also witnessing substantial growth due to the increasing elderly population and rising healthcare expenditure. In contrast, Latin America and the Middle East & Africa regions are expected to see moderate growth, primarily driven by improving healthcare facilities and growing awareness about fall detection technologies.

Product Type Analysis

The automatic fall detection market is segmented by product type into wearable devices and non-wearable devices. Wearable devices, such as pendants, wristbands, and smartwatches, dominate the market due to their ease of use and continuous monitoring capabilities. These devices are designed to be worn by individuals, providing real-time fall detection and immediate alerts to caregivers or emergency services. The increasing adoption of smartwatches with integrated fall detection features by tech giants like Apple and Samsung is further propelling the growth of this segment.

Non-wearable devices, though less popular than their wearable counterparts, are gaining traction, especially in home care and senior living facilities. These devices include floor sensors, cameras, and smart home systems that can monitor and detect falls without the need for the individual to wear any equipment. The advantage of non-wearable devices lies in their unobtrusiveness and ability to monitor multiple individuals within a specific area, making them ideal for use in communal living environments. As smart home technology becomes more advanced and widespread, the market for non-wearable fall detection devices is expected to grow significantly.

Both wearable and non-wearable devices are designed to cater to different needs and preferences, thereby expanding the market reach. While wearable devices offer mobility and personal monitoring, non-wearable devices provide a more comprehensive solution for larger settings. The choice between these two product types often depends on the specific requirements of the end-users, including the level of monitoring needed, the environment in which the devices will be used, and the individual's comfort and conven

During a 2024 survey conducted in the United Kingdom, it was found that smartwatches were more popular among interviewees aged between 35 and 44 years old, with ** percent of them using one, respectively. The growing smartwatch market Recording and retrieving fitness data, controlling your music, and answering messages and calls are just of some of the many functionalities smartwatches have – a market that grew rapidly with the introduction of the Apple Watch in 2015 and is still growing. Indeed, the revenues generated by this market is forecast to reach over ** billion U.S. dollars by 2028, up from roughly ** billion U.S. dollars expected in 2024. In recent years, many manufacturers have joined the smartwatch industry, but Apple has held onto its leading position, accounting for around ** percent of the global smartwatch unit shipments in the third quarter of 2023. Smartwatches on many UK wrists Over the past decade, smartwatches have gained popularity also in the United Kingdom. In the country, the number of smartwatch users has grown and was forecast to reach over four million in 2024. When purchasing their smartwatch, consumers in the United Kingdom can choose among many brands. Apple was the leading smartwatch vendor in the country, holding over half of the market. Particularly, Apple Watches were most popular among British between 30 and 39 years old.

First introduced in 2015, the unit sales of Apple Watches have grown until 2022 and then decreased in 2023. At the end of the given period, Apple sold over ** million smartwatches, down from almost ** million Apple Watch unit sales recorded in 2022.

In 2024, wearable device shipments in China totaled ***** million units. This represented a *** percent decrease compared to the previous year, which had recorded the highest volume in the observed period. Wearables in China Wearables are very popular among Chinese consumers. They include various gadgets that can be worn on the body or head, such as smart glasses, fitness trackers, and smartwatches. Most consumers use their smartwatch to monitor fitness activities or their sleep cycle. Other popular applications include making payments and controlling other connected devices. Leading companies The wearables market in China was very competitive. Huawei, Xiaomi, and Apple battle for dominance of the market, and numerous smaller companies fight for marginal market shares. As of 2020, the information and communication technology company Huawei was the largest manufacturer of wearables based on shipment volume. Besides Apple, foreign companies had difficulty occupying a significant market share outside of their niche.

France’s Watch & Clock Manufacturing industry has seen a dynamic performance lately, with several notable players contributing to its growth and prestige. France, home to renowned brands like Cartier, continues to uphold its reputation as a beacon of luxury and craftsmanship in watchmaking. Manufacturers have navigated through a landscape marked by both challenges and opportunities. The surge of digital technology and smartwatches have presented initial threats, yet traditional craftsmanship has retained its allure among connoisseurs. Revenue is expected to grow at a compound annual rate of 12.1% over the five years through 2025 to €509.7 million, including an estimated growth of 3.2% in 2025. Clock and watch manufacturers have contended with harsh economic conditions in recent years, ranging from spiralling inflation, higher interest rates and subdued economic growth. Most notably, the cost-of-living crisis hit demand as consumers reined in spending on discretionary goods. However, mass-market watches took a greater hit, as luxury pieces are typically less exposed to these kinds of shocks thanks to their more affluent customer base. Luxury watches are also seen as effective hedges against inflation for investors, stemming the drop in demand. Yet, luxury watch prices still declined as higher interest rates turned people away from watches, instead opting to hold cash, which was now offering healthier returns. The threat of technology has been on manufacturers' minds, with many now seeing the opportunities granted by such technological advancements. Although more established players like Cartier are sticking to their routes, many smaller players have entered the industry seeking to capitalise on hybrid smartwatches, catering to a more tech-savvy market. Sustainability has also gathered momentum as people place a greater emphasis on the health of the planet, prompting manufacturers to invest in research and development and identify potential new materials like eco-friendly vegan leather. Revenue is expected to grow at a compound annual rate of 3.4% over the five years through 2030 to €602.2 million. As interest rates come down, investors will increasingly move out of cash balances back to non-income-producing assets, ramping up demand for clocks and watches. With watch prices at steep lows, many investors will look to buy the dip in anticipation of prices appreciating as economic conditions improve. Technological advancements will continue to disrupt the manufacturing landscape, forcing smaller, less established companies to incorporate such developments into their production processes or risk losing market share. Sustainability will also gather momentum, further driven by regulations like France’s Anti-Waste and Circular economy law.

In 2024, global shipments of hearables, watches, wrist-bands, and other wearables were forecast to reach around *** million units. This is a *** percent year-over-year increase compared to the previous year. Wearables The wearable market broadly encompasses all smart consumer electronics devices which can be worn on the body or clothing. Some of the most popular wearable devices are smart watches, fitness trackers, and head-mounted displays such as smart glasses. These devices often track users’ biometric data, allow them to access apps, and provide calculation or feedback regarding their activities. Fitness trackers are particularly popular, many of which use GPS and heart rate monitors to track the health of their users as they exercise. Partially thanks to the release of the Apple Watch in 2015, smartwatches have followed fitness trackers to become a massively popular staple of the consumer electronics industry. Internet of Things The internet of things (IoT) refers to the growing share of electronic devices that are manufactured with internet capability in order to track data for their users and provide greater coordination between devices. The number of IoT connected devices is projected to grow each year, with internet connectively becoming an increasingly popular feature in household appliances, consumer electronics, and even automobiles.

North America is forecast to be the region with the most 5G connections made using wearable devices in 2022. The 439 million connections in North America would be 222 million more than those made to 4G networks in 2017. Wearables used in North America and Asia Pacific are together forecast to account for around 70 percent of the wearable 5G connections worldwide in 2022.

Wearable popularity in North America and Asia Pacific

The growth of the wearables market in North America is highlighted by figures that expect 25 percent of the adult population in the United States to be using a wearable device by 2022. Ownership of wearables in Asia Pacific regions is already high among those living in China, Thailand, and Vietnam. These regional trends mirror developments within the global market that forecast shipments of wearables to reach more than 300 million by 2023.

Create more possibilities by connecting devices

Wearable devices are electronic devices fitted with sensors that can be worn on the body or carried as an accessory. Some are used for a singular purpose, such as fitness trackers, which are used to monitor the personal health of an individual; however, by connecting a wearable device to Bluetooth, Wi-Fi, or even a cellular network, it can perform many more tasks. For instance, a smartwatch and a smartphone can work together via a Bluetooth connection to enable the user to receive notifications and messages on their smartwatch – a function that ranked highest among users in the United States.

Apple is the leading company in the smartwatch industry in terms of shipment share, accounting for 28 percent of worldwide shipments as of the fourth quarter of 2024. Other vendors made up the remaining 72 percent.

Apple’s iPhone sales accounted for around *****percent of the company’s overall revenue in the fourth quarter of fiscal year 2025, the largest share of all Apple products. Over the years, services as well as wearables, home, and accessories have made a growing contribution to Apple’s net sales. Apple’s revenue growth amid the pandemic In the first quarter of financial year 2025, Apple’s global revenue reached around *** billion U.S. dollars. The Americas are Apple’s largest regional market and contributed to around ** percent of the firm’s sales in that quarter. Who are Apple’s competitors? Having a broad family of products, Apple competes with different companies in different markets. Samsung is Apple’s largest adversary in the global smartphone market, where the company had a share of almost ** percent in the second quarter of 2024. Similarly, Apple has a solid position in the PC market without a leading advantage. The situation is reversed in the tablet market and the smartwatch market, where Apple has remained the leader since the early days, staying ahead of Samsung, Huawei, Amazon, etc.

The number of Apple iPhone unit sales dramatically increased between 2007 and 2024. Indeed, in 2007, when the iPhone was first introduced, Apple shipped around **** million smartphones. By 2024, this number reached over ***** million units. The newest models and iPhone’s lasting popularity Apple has ventured into its 17th smartphone generation with its Phone ** lineup, which, released in September 2025, includes the **, ** Plus, ** Pro and Pro Max. Powered by the A19 bionic chip and running on iOS **, these models present improved displays, cameras, and functionalities. On the one hand, such features come, however, with hefty price tags, namely, an average of ***** U.S. dollars. On the other hand, they contribute to making Apple among the leading smartphone vendors worldwide, along with Samsung and Xiaomi. In the first quarter of 2024, Samsung shipped over ** million smartphones, while Apple recorded shipments of roughly ** million units. Success of Apple’s other products Apart from the iPhone, which is Apple’s most profitable product, Apple is also the inventor of other heavy-weight players in the consumer electronics market. The Mac computer and the iPad, like the iPhone, are both pioneers in their respective markets and have helped popularize the use of PCs and tablets. The iPad is especially successful, having remained as the largest vendor in the tablet market ever since its debut. The hottest new Apple gadget is undoubtedly the Apple Watch, which is a line of smartwatches that has fitness tracking capabilities and can be integrated via iOS with other Apple products and services. The Apple Watch has also been staying ahead of other smart watch vendors since its initial release and secures around ** percent of the market share as of the latest quarter.