Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Wearable Technology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview 2022-2027:

The global wearable technology market size reached US$ 49.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 110.8 Billion by 2027, exhibiting a growth rate (CAGR) of 13.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Wearable technology is an advanced technological solution used in electronic devices, or gadgets, that can be comfortably worn on the body to track real-time biometric information. These devices can also be embedded into the clothing or implanted in the user’s body. Some of the commonly used devices integrated with wearable technology include smartwatches, head-mounted displays, smart jewelry, implantable devices and fitness trackers that enable the wearer to track pulse rate, heart rate, steps and sleep hours. These gadgets are hands-free and use microprocessors and sensors to receive and track information in real-time.

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Global Wearable Technology Market Trends:

Significant growth in the healthcare industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, increasing consumer preference for sleek and compact health and fitness devices is providing a thrust to the market growth. They are used for monitoring the patients under intensive care and as prompt warning systems for the virus infection. Additionally, various product innovations, such as the integration of connected devices with the Internet of Things (IoT), artificial intelligence (AI) and virtual reality (VR), are acting as other growth-inducing factors. Product manufacturers are also developing next-generation displays and miniaturized sensors, which are used in head-mounted displays for high-end gaming and virtual and mixed reality experiences. Other factors, including rising expenditure capacities of the consumers, along with the widespread adoption of wearable devices among professional athletes and recreational fitness enthusiasts, are anticipated to drive the market toward growth.

Key Market Segmentation:

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 2022-2027. Our report has categorized the market based on product and application.

Breakup by Product:

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Wrist-Wear
  • Eye-Wear and Head-Wear
  • Foot-Wear
  • Neck-Wear
  • Body-Wear
  • Others
     

Breakup by Application:

  • Consumer Electronics
  • Healthcare
  • Enterprise and Industrial Application
  • Others
     

Breakup by Region:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alphabet Inc, Apple Inc., Garmin Ltd., HTC Corporation, Huawei Technologies Co. Ltd, Intel Corporation, Microsoft Corporation, Qualcomm Incorporated, Samsung Electronics Co. Ltd. and Sony Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alphabet Inc, Apple Inc., Garmin Ltd., HTC Corporation, Huawei Technologies Co. Ltd, Intel Corporation, Microsoft Corporation, Qualcomm Incorporated, Samsung Electronics Co. Ltd. and Sony Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Wearable Technology Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product
    6.1    Wrist-Wear
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Eye-Wear and Head-Wear
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Foot-Wear
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Neck-Wear
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Body-Wear
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7   Market Breakup by Application
    7.1    Consumer Electronics
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Healthcare
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Enterprise and Industrial Application
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9   SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Alphabet Inc
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    Apple Inc.
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    Garmin Ltd.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
           13.3.3.3 Financials
           13.3.3.4 SWOT Analysis
        13.3.4    HTC Corporation
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 Financials
        13.3.5    Huawei Technologies Co. Ltd
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    Intel Corporation
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Microsoft Corporation
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials
           13.3.7.4 SWOT Analysis
        13.3.8    Qualcomm Incorporated
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    Samsung Electronics Co. Ltd.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Sony Corporation
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
           13.3.10.3 Financials
           13.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Wearable Technology Market: Major Drivers and Challenges
Figure 2: Global: Wearable Technology Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Wearable Technology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Wearable Technology Market: Breakup by Product (in %), 2021
Figure 5: Global: Wearable Technology Market: Breakup by Application (in %), 2021
Figure 6: Global: Wearable Technology Market: Breakup by Region (in %), 2021
Figure 7: Global: Wearable Technology (Wrist-Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Wearable Technology (Wrist-Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Wearable Technology (Eye-Wear and Head-Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Wearable Technology (Eye-Wear and Head-Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Wearable Technology (Foot-Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Wearable Technology (Foot-Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Wearable Technology (Neck-Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Wearable Technology (Neck-Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Wearable Technology (Body-Wear) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Wearable Technology (Body-Wear) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Wearable Technology (Other Products) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Wearable Technology (Other Products) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Wearable Technology (Consumer Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Wearable Technology (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Wearable Technology (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Wearable Technology (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Wearable Technology (Enterprise and Industrial Application) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Wearable Technology (Enterprise and Industrial Application) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Wearable Technology (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Wearable Technology (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Asia-Pacific: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Asia-Pacific: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: China: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: China: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South Korea: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South Korea: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Australia: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Australia: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Indonesia: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Indonesia: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Europe: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Europe: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Germany: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Germany: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: France: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: France: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United Kingdom: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United Kingdom: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Russia: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Russia: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: Wearable Technology Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Middle East and Africa: Wearable Technology Market: Breakup by Country (in %), 2021
Figure 75: Middle East and Africa: Wearable Technology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Global: Wearable Technology Industry: SWOT Analysis
Figure 77: Global: Wearable Technology Industry: Value Chain Analysis
Figure 78: Global: Wearable Technology Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Wearable Technology Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Wearable Technology Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Wearable Technology Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Wearable Technology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Wearable Technology Market: Competitive Structure
Table 6: Global: Wearable Technology Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The global wearable technology market was valued at US$ 49.3 Billion in 2021.

We expect the global wearable technology market to exhibit a CAGR of 13.6% during 2022-2027.

The growing consumer preferences for compact fitness devices, along with the increasing integration of connected devices with the Internet of Things (IoT) and AI solution, are primarily driving the global wearable technology market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of wearable technology among health-conscious consumers for easy access to useful data, including remote health monitoring, fatigue detection, disease management, etc.

Based on the product, the global wearable technology market has been segregated into wrist-wear, eye-wear and head-wear, foot-wear, neck-wear, body-wear, and others. Among these, wrist-wear holds the largest market share.

Based on the application, the global wearable technology market can be bifurcated into consumer electronics, healthcare, enterprise and industrial application, and others. Currently, consumer electronics exhibit a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global wearable technology market include Alphabet Inc, Apple Inc., Garmin Ltd., HTC Corporation, Huawei Technologies Co. Ltd, Intel Corporation, Microsoft Corporation, Qualcomm Incorporated, Samsung Electronics Co. Ltd., and Sony Corporation.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4