Smart Wearables Market Share

  • Report ID: 5935
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Smart Wearables Market Share

North American Market Forecast

Smart wearables market in North America is predicted to the largest share of 36% on average. Due to the advancement in technology, the latest devices are integrated along with high technology that promotes health and facilitates preventive treatments to help and manage any ongoing ailments. According to the recent reports, more than 32% of Americans use wearable medical technology.

APAC Market Statistics

The APAC smart wearables market is estimated to be the second largest, during the forecast period led by the immense potential for continued growth, because of the cool tech-savvy players and the increase in the concerned health-conscious population. The increasing demand for wearables technology in this region is also expected to be driven by the low cost of smartphones.

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Smart Wearable Devices Market Region
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Author Credits:  Abhishek Verma


  • Report ID: 5935
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of smart wearable devices is estimated at USD 96.6 billion.

Smart Wearables Market size was valued at USD 82.93 billion in 2024 and is projected to cross USD 946.73 billion by the end of 2037, registering more than 20.6% CAGR during the forecast period i.e., between 2025-2037. The Increase in health consciousness and fitness trends and the growth in urbanization will drive the market growth.

North America industry is likely to account for largest revenue share of 46% by 2037, impelled by rising awareness about health and wellness in the region.

The major players in the market are Apple Inc., Fitbit Inc., Fossil Group Inc., Garmin Ltd., Google LLC, Huawei Technologies Co. Ltd., Microsoft Corporation, Qualcomm, Samsung Electronics Co. Ltd., Xiaomi, Jawbone, Motorola Solutions Inc., Sony Corporation, Xenoma, and others.
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