Global Wearable AI Market Size, Forecast and Trend Highlights Over 2025-2037
Wearable AI Market size was valued at USD 38 billion in 2024 and is projected to reach USD 960.1 billion by the end of 2037, expanding at a CAGR of 28.2% during the forecast period, i.e., 2025-2037. In 2025, the industry size of wearable AI is assessed at USD 48.7 billion.
Market, as a supply chain product, is linked with several major segments, beginning from material procurement to product manufacturing. Raw materials such as semiconductors are primarily imported from countries such as Malaysia, which in 2023 supplied nearly 21% of the U.S. semiconductor imports, making it a vital player in the global semiconductor supply ecosystem. Hence, the international trade trends in the industry are playing a vital role in the market. Below is the table highlighting the supply chain landscape of the market:
|
Category |
Statistical Data |
|
Supply Chain |
Malaysia: 22% of U.S. semiconductor imports (2023) |
|
Assembly Line |
Malaysia: 14% of global back-end semiconductor output |
|
Producer Price Index |
Final demand goods PPI: -0.8% (Mar 2025); Steel products: +7.2% |
|
Consumer Price Index |
Tech hardware CPI: Gradual increase |
|
Import/Export Dynamics |
U.S. semiconductor imports: $25.6B; Malaysia: $3.8B (2023) |
|
Tech Investments |
U.S. DoD RATE program: $10.2M investment |
According to the Bureau of Labor Statistics, the Producer Price Index of the final demand for goods was down by 0.8% in March 2025, whereas the steel mill products recorded a 7.2% increase in price. They affect several aspects of wearable AI devices’ cost, such as manufacturing costs and end-user pricing. Similar trends are seen in the Consumer Price Index, which presents certain detailed indices for electronics and wearables. Technological developments are another key area where companies are heavily investing to accelerate the growth of the market. For instance, the United States Department of Defense invested nearly $10.1 million in the Rapid Assessment of Threat Exposure to improve the wearable technology in detecting diseases. They are not only helping to create new technologies but also broadening the spheres where wearable AI technologies can be used, such as healthcare and defense.
