Growing Adoption of Wearable AI Devices

Published: Sep 2023

The global wearable AI market is anticipated to grow at a CAGR of 29.8% during the forecast period (2023-2030). Fitness trackers, demonstrated by brands like Fitbit, employ AI to monitor and analyze physical activity, heart rate, and sleep patterns. They also provide personalized fitness recommendations. These wearable devices can even detect potential health issues and send alerts to users or healthcare professionals. Additionally, smartwatches with AI integration offer voice-activated assistance, answer questions, set reminders, and control smart home devices. They continuously monitor health metrics and offer insights on stress levels and activity patterns.

Browse the full report description of “Wearable AI Market Size, Share & Trends Analysis Report by Product (Smart Watch, Ear Wear, Eye Wear, and Others), by Component (Display Processor, Power Management, Connectivity IC Memory/Storage, and Sensors UI), by Operation (On-Device AI, and Cloud-Based AI), and by Application (Consumer Electronics, Enterprise & Industrial Healthcare, and Others) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/wearable-ai-market

Furthermore, augmented reality (AR) glasses enhance navigation by overlaying directions and information, and they provide remote assistance. The growth of this market can be attributed to advancements in AI and sensor technology. As technology continually evolves, it paves the way for the creation of more diverse and functional wearable devices, such as the Humane Ai Pin. This innovative device leverages AI and sensor technology to provide a wide range of features and capabilities that enhance the user experience and simplify everyday tasks. Consequently, market players are introducing new products to meet the demand for AI-powered software. For instance, in June 2023, Humane, Inc. unveiled the Ai Pin Humane, a novel standalone gadget. The Humane Ai Pin utilizes AI-powered software to deliver cutting-edge personal computing experiences. It incorporates various sensors throughout its connected and intelligent wearable design, which is attached to clothing, enabling contextual and ambient computing interactions.

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Product

o By Component

o By Operation

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Amazon.com, Inc., Fitbit LLC, Garmin Ltd., Google, GOQii. and others. 

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Wearable AI Market Report Segment

By Product

  • Smart Watch
  • Ear Wear
  • Eye Wear
  • Others (Fitness Trackers, Smart Clothing, Accessories, Footwear)

By Component

  • Display Processor
  • Power Management
  • Connectivity IC Memory/Storage
  • Sensors Use Interface (UI)

By Operation

  • On-Device AI
  • Cloud-Based AI

By Application

  • Consumer Electronics
  • Enterprise & Industrial Healthcare
  • Others (Retail, Agriculture, Construction, Military & Defense)

Global Wearable AI Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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