Wearable AI Market Size, Share, Analysis Report

Wearable AI Market Size by Product (Smart Watch, Ear Wear, Eye Wear, Other Body Wear), By Deployment (Cloud, On-Premises), By End-User Industry (Consumer Electronics, Healthcare, Enterprise, Industrial), By Component (Processor, Connectivity IC, Sensors, Display), Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The wearable AI market is expected to be around US$ 119 billion by 2027 at a CAGR of 29.75% during that period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

29

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The wearable AI market is expected to be around US$ 119 billion by 2027 at a CAGR of 29.75% during that period.

Wearable artificial intelligence is an innovative drug delivery technology in a wearable device which is introduced beneath the skin in order to administer capsule to the patient or an individual. The wearable device is also named as an implantable pump which is used to offer opioid drugs or spasmodic chemotherapeutics. The increasing partnership and collaboration for bringing AI functionalities to wearable devices providing new developments of AI wearable devices in impending years. for example, Indian based startup company boltt collaborated with Garmin which is one of the leading company for Wearable technology, the two company merges to produce new wearable products. Additionally, the AI allow shoes can merge with the Google map to direct the exact direction. As these technology supports the consumers to get the notification through vibration in shoe while walking or running and also direct the exact direction while informing the consumer where to take turn.

The global Wearable AI market is segregated on the basis of Application as Enterprise and Industrial, Healthcare, Consumer Electronics, and Others. Based on Operation the global Wearable AI market is segmented in Cloud-Based AI and On-Device AI. Based on Component the global Wearable AI market is segmented in UI, Sensors, Memory/Storage, Connectivity IC, Power Management, Processor, Display, and Others.

Based on Product, the global Wearable AI market is segmented in Eye Wear, Ear Wear, Smart Watch, and Other Body Wear.

The global Wearable AI market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Wearable AI market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Google, Microsoft, Apple, Samsung, Fitbit, Huawei, Amazon, IBM, Oracle, Garmin, and others are among the major players in the global Wearable AI   market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Wearable AI Market has been segmented as below:

Wearable AI Market, By Product

  • Smart Watch
  • Ear Wear
  • Eye Wear
  • Other Body Wear

Wearable AI Market, By Deployment

  • Cloud
  • On-Premises

Wearable AI Market, By End-User Industry

  • Consumer Electronics
  • Healthcare
  • Enterprise
  • Industrial
  • Others

Wearable AI Market, By Component

  • Processor
  • Connectivity IC
  • Sensors
  • Display
  • Others

Wearable AI Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Wearable AI Market, By Company

  • Google
  • Microsoft
  • Apple
  • Samsung
  • Fitbit
  • Huawei
  • Amazon
  • IBM
  • Oracle
  • Garmin

The report covers:

  • Global Wearable AI   market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • Global Wearable AI   market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Wearable AI   market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Wearable AI market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Wearable AI   market share. Major industry players with significant revenue share include Google, Microsoft, Apple, Samsung, Fitbit, Huawei, Amazon, IBM, Oracle, Garmin, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Wearable AI   industry trends
  • Find complete analysis on the market status
  • Identify the Wearable AI   market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent Developments in Wearable AI market are as follows:

Atlas

  • 07-2019: Atlas Air Worldwide Holdings, Inc. has declared that President and Chief Executive Officer William J.  Flynn will retire from the company effective January 1, 2020, after a successful 13-year tenure, and become Chairman of the Board on that date.
  • 06-2019: Atlas Air Worldwide Holdings, Inc has declared the start of increased 777-200F CMI service for DHL Express, the addition of a third 747-400F for Asiana Cargo, and the beginning of a long-term, 747-400F charter program for one of the world’s largest technology companies.

Oracle

  • 05-2020: AI is progressively being put to use in the technology stacks of cybersecurity companies, but not at the expense of human experts who guide the rollout and work alongside the smart tools.
  • 05-2020: AI-ML technologies can help as a powerful filter to sift through alerts and flag the most relevant.

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1. Introduction

    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    
2. Research Methodology

   2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
        2.4.1 Secondary Research
        2.4.2 Primary Research
        2.4.3 Models for Estimation
    2.5 Market Size Estimation
        2.5.1 Bottom-Up Approach – Segmental Market Analysis
        2.5.2 Top-Down Approach – Parent Market Analysis
        
3. Executive Summary

4. Market Overview

    4.1 Introduction
        4.2.1 Drivers
        4.2.2 Restraints
        4.2.3 Opportunities
        4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    
5. Wearable AI   Market, By Product

   5.1 Introduction
    5.2 Smart Watch
        5.2.1 Market Overview
        5.2.2 Market Size and Forecast
    5.3 Ear Wear
        5.3.1 Market Overview
        5.3.2 Market Size and Forecast
    5.4 Eye Wear
        5.4.1 Market Overview
        5.4.2 Market Size and Forecast
    5.5 Other Body Wear
        5.5.1 Market Overview
        5.5.2 Market Size and Forecast
        
6. Wearable AI   Market, By Deployment

    6.1 Introduction
    6.2 Cloud
        6.2.1 Market Overview
        6.2.2 Market Size and Forecast
    6.3 On-Premises
        6.3.1 Market Overview
        6.3.2 Market Size and Forecast
        
7. Wearable AI   Market, By End-User Industry

    7.1 Introduction
    7.2 Consumer Electronics
        7.2.1 Market Overview
        7.2.2 Market Size and Forecast
    7.3 Healthcare
        7.3.1 Market Overview
        7.3.2 Market Size and Forecast
    7.4 Enterprise
        7.4.1 Market Overview
        7.4.2 Market Size and Forecast
    7.5 Industrial
        7.5.1 Market Overview
        7.5.2 Market Size and Forecast
    7.6 Others
        7.6.1 Market Overview
        7.6.2 Market Size and Forecast
        
8. Wearable AI   Market, By Component

    8.1 Introduction
    8.2 Processor
        8.2.1 Market Overview
        8.2.2 Market Size and Forecast
    8.3 Connectivity IC
        8.3.1 Market Overview
        8.3.2 Market Size and Forecast
    8.4 Sensors
        8.4.1 Market Overview
        8.4.2 Market Size and Forecast
    8.5 Display
        8.5.1 Market Overview
        8.5.2 Market Size and Forecast
    8.6 Others
        8.6.1 Market Overview
        8.6.2 Market Size and Forecast
        
9. Wearable AI   Market, By Geography

    9.1 Introduction
    9.2 North America
        9.2.1 North America Wearable AI, By Product
        9.2.2 North America Wearable AI, By Deployment
        9.2.3 North America Wearable AI, By End-User Industry
        9.2.4 North America Wearable AI, By Component
    9.3 Europe
        9.3.1 Europe Wearable AI, By Product
        9.3.2 Europe Wearable AI, By Deployment
        9.3.3 Europe Wearable AI, By End-User Industry
        9.3.4 Europe Wearable AI, By Component
    9.4 Asia-Pacific
        9.4.1 Asia-Pacific Wearable AI, By Product
        9.4.2 Asia-Pacific Wearable AI, By Deployment
        9.4.3 Asia-Pacific Wearable AI, By End-User Industry
        9.4.4 Asia-Pacific Wearable AI, By Component
    9.5 Rest of the World
        9.5.1 Rest of the World Wearable AI, By Product
        9.5.2 Rest of the World Wearable AI, By Deployment
        9.5.3 Rest of the World Wearable AI, By End-User Industry
        9.5.4 Rest of the World Wearable AI, By Component
        
10. Competitive Insights

    10.1 Key Insights
    10.2 Company Market Share Analysis
    10.3 Strategic Outlook
        10.3.1 Mergers & Acquisitions
        10.3.2 New Product Development
        10.3.3 Portfolio/Production Capacity Expansions
        10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
        10.3.5 Others
        
11. Company Profiles

    11.1 Google
        11.1.1 Company Overview
        11.1.2 Product/Service Landscape
        11.1.3 Financial Overview
        11.1.4 Recent Developments
    11.2 Microsoft
        11.2.1 Company Overview
        11.2.2 Product/Service Landscape
        11.2.3 Financial Overview
        11.2.4 Recent Developments
    11.3 Apple
        11.3.1 Company Overview
        11.3.2 Product/Service Landscape
        11.3.3 Financial Overview
        11.3.4 Recent Developments
    11.4 Samsung
        11.4.1 Company Overview
        11.4.2 Product/Service Landscape
        11.4.3 Financial Overview
        11.4.4 Recent Developments
    11.5 Fitbit
        11.5.1 Company Overview
        11.5.2 Product/Service Landscape
        11.5.3 Financial Overview
        11.5.4 Recent Developments
    11.6 Huawei
        11.6.1 Company Overview
        11.6.2 Product/Service Landscape
        11.6.3 Financial Overview
        11.6.4 Recent Developments
    11.7 Amazon
        11.7.1 Company Overview
        11.7.2 Product/Service Landscape
        11.7.3 Financial Overview
        11.7.4 Recent Developments
    11.8 IBM
        11.8.1 Company Overview
        11.8.2 Product/Service Landscape
        11.8.3 Financial Overview
        11.8.4 Recent Developments
    11.9 Oracle
        11.9.1 Company Overview
        11.9.2 Product/Service Landscape
        11.9.3 Financial Overview
        11.9.4 Recent Developments
    11.10 Garmin
        11.10.1 Company Overview
        11.10.2 Product/Service Landscape
        11.10.3 Financial Overview
        11.10.4 Recent Developments

The Wearable AI Market has been segmented as below:

Wearable AI Market, By Product

  • Smart Watch
  • Ear Wear
  • Eye Wear
  • Other Body Wear

Wearable AI Market, By Deployment

  • Cloud
  • On-Premises

Wearable AI Market, By End-User Industry

  • Consumer Electronics
  • Healthcare
  • Enterprise
  • Industrial
  • Others

Wearable AI Market, By Component

  • Processor
  • Connectivity IC
  • Sensors
  • Display
  • Others

Wearable AI Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Wearable AI Market, By Company

  • Google
  • Microsoft
  • Apple
  • Samsung
  • Fitbit
  • Huawei
  • Amazon
  • IBM
  • Oracle
  • Garmin

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 29.5% during the study period (2022-2027)
The wearable AI market is expected to be around USD 119 billion by 2027
The segment included in wearable AI market is Product, Deployment, End-User Industry, Component and Region.
Some key players operating in the wearable AI market include Google, Microsoft, Apple, Samsung, Fitbit, Huawei, Amazon, IBM, Oracle, Garmin
We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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