Global Wearables AI Market Report to 2033 – Players Include Garmin, Google, Fitbit, Apple and Huawei Technologies –

Dublin–(business wire)–“Wearable AI Market By Type, By Operation, By Application, By Component, By Region – Global Forecast 2022-2033” report added. of Recruitment.

The market size of wearable AI is estimated at USD 16,998.2 million in 2022 and is expected to grow at a CAGR of 29.87% during the forecast period of 2023-2033.

companies mentioned

  • Garmin Co., Ltd.

  • Google Inc.

  • Fitbit Inc.

  • Apple.

  • Huawei Technologies Co., Ltd.

  • TomTom International BV

  • Samsung Electronics Co., Ltd.

  •, Inc.

  • IBM

  • Motorola Solutions, Inc.

  • Sony Corporation.

Rapid adoption of new technologies such as artificial intelligence (AI) and 5G smartphones, development of IoT, incorporation of wireless technology, and increasing acceptance of smartwatches among millennials and Gen Z will contribute to the market growth. Part of the factor. Moreover, the surge in electronic payments through wearables is estimated to support the market growth. However, a skilled labor shortage is expected to hamper growth.

Rapid adoption of new technologies such as artificial intelligence (AI) and 5G smartphones is expected to drive market growth during the forecast period. Many technological developments are currently underway. The adoption of 5G, biosensors, beacon technology, smart rings and smart implants are some of them.

In addition, many device makers are focusing on adding health and personal health features to wearables, such as blood oxygen sensors, heart rate monitors, ECG monitors, and other sensors that warn of potential health problems. I’m here. Fitbit, for example, offers watches with integrated thermometers that alert users to potential heat build-up.

The surge in electronic payments via wearables is projected to boost the growth of the market during the forecast period. For example, British menswear brand Lyle & Scott and credit card company Barclaycard have teamed up to launch a contactless payment jacket with a tip-in-his cuff that enables contactless payments. Sony will launch his Wena 3 smartwatch in May 2022.

It can also be carried as a traditional watch and supports mobile payments with Barclaycard in the UK. A Barclaycard-backed wearable technology company named bPay sells jackets, fobs and stickers that enable contactless transactions.

Market segmentation:

Type (revenue, USD million), 2022-2033

  • smart ear wear

  • smart watch

  • smart eyewear

  • smart glove

  • others

Operations (Revenue, USD million), 2022-2033

  • cloud-based AI

  • On-device AI

Applications (Revenue, USD Million), 2022-2033

  • health care

  • media & entertainment

  • home appliances

  • military and defense

  • car

  • others

Components (Revenue, USD million), 2022-2033

  • sensor

  • processor

  • Connectivity IC

By Region (Revenue, USD Million), 2022-2033

North America


  • Germany

  • France

  • England

  • Spain

  • Italy

  • rest of europe

Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • Korea

  • Rest of Asia Pacific

latin america

  • Brazil

  • Mexico

  • Argentina

  • rest of latin america

Middle East and Africa

  • South Africa

  • GCC

  • Rest of the MEA

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