Smartwatch Market Size

  • Report ID: 2063
  • Published Date: Sep 08, 2025
  • Report Format: PDF, PPT

Smartwatch Market Outlook:

Smartwatch Market size was over USD 39.23 billion in 2025 and is projected to reach USD 113.41 billion by 2035, witnessing around 11.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of smartwatch is assessed at USD 43.18 billion.

The market growth is propelled by growing popularity of fitness among young people, as well as an increase in their use of health monitoring equipment. For instance, 67% of gym and fitness center users think technology improves their workout experience. Given that they are more aware of and familiar with the various types of intelligent devices, this product is likely to be needed because of increasing urbanization around the world. For instance, in 2023, the global urbanization rate was 57%.

Furthermore, stress monitoring in smartwatch is a useful feature that allows users to understand and control their stress levels. The feature can detect changes in different physiological parameters such as heart rate, blood pressure, skin temperature, and respiration which are influenced by stress. An emerging feature built on stress monitoring is emotion tracking or mood tracking in smartwatch. To determine the user's emotions, it is based on physiological data associated with stress but will use more sophisticated algorithms and even artificial intelligence to do so.


Smartwatch Market size

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of smartwatch is assessed at USD 43.18 billion.

The global smartwatch market size surpassed USD 39.23 billion in 2025 and is projected to witness a CAGR of over 11.2%, crossing USD 113.41 billion revenue by 2035.

North America smartwatch market will hold around 38% share by 2035, driven by the increasing adoption of wearable technology and health monitoring features.

Key players in the market include Apple Inc., OnePlus, Garmin Ltd., Fitbit LLC, Huawei Technologies, Fossil Group, Inc., Polar Electro, ASUSTek Computer Inc., LG Electronics, Xiaomi Inc.
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