Wearable AI Market Size - By Product, By Operation, By Application, By Component, By End Use, Growth Forecast 2025 – 2034

Wearable AI Market Size

The global wearable AI market was valued at USD 39.7 billion in 2024 and is estimated to register a CAGR of 27.7% between 2025 and 2034.
 

Wearable AI devices are in increasing demand due to the growing necessity of personal health management technology which features characteristically durable devices. In addition, the accessibility of continuous health metrics monitoring has continued to rise. Smartwatches and other devices are perfect tools to manage your health, as they help track your steps, heart rate, and even improve the quality of your sleep, thus motivating you to develop a healthier lifestyle.
 

The global population is getting wiser by the day, and the aim to stay healthy through effort-maximizing devices is certainly on the rise. Currently, there's a SEVERE NUDGE towards using AI in daily activities. This was demonstrated by Samsung when they unveiled their Galaxy smartwatch which included body composition analysis and voice command through Google Assistant.
 

Wearable technology has made remarkable developments due to the advancement of user-friendly controls and Artificial Intelligence useful algorithms. Apart from verification and tracking, they additionally facilitate advice and motivation to users in the personalization of their health and training goals. Moreover, it has added mental wellness features such as stress management and mindfulness practice which expands its audience across various ages.  The rise in the use of AI-powered devices and the penetration of 5G smartphones are two primary factors for the growth of the market.
 

Wearable AI Market Trends

Wearable devices use mobile phones as repositories and hubs for all the data collected by them. The growth of the smartphone industry has propelled the growth of IoT-enabled responsive applications that are simpler to use in augmented reality. Statista reports there were approximately seven billion smartphone subscriptions around the globe and will reach eight billion by 2028.
 

Other forces driving wider availability are higher mobile phone proliferation and greater average income levels in emerging economies, which are the main indicators of wearable technology adoption. Growing industrialization and a higher rate of hiring in service-oriented market segments have also altered consumer spending behavior in fitness & health smart wearables.
 

The advancement of medical sensors as a whole has greatly advanced the wearable technology segment. The market for wearable medical devices was valued at ~USD 105.1 billion in 2023 and is expected to grow at a CAGR of ~15.9% between 2024 and 2032. The AI algorithms used have smart wearable technologies such as watches, fitness bands, and standalone medical wearables, and these wearables utilize AI technologies to make informed diagnostics, convey predictive insights, and then work out tailor-made diagnostic approaches. These AI tools embedded into wearables are placed at the fore of disease diagnosis, patient aid, chronic condition amelioration, or any other type of activity medically related to health, therefore making such devices crucial.
 

Data privacy and security have emerged as major concerns in the growth of the market, and this needs to be solved. Pick one: health information, geographic areas, and even your behavior patterns, wearables are designed to gather all these kinds of private data from users. Such information, if not properly safeguarded, can be tampered with and, as a result, create distrust in the market. The hype of new international laws such as GDPR just stirs more worries into consideration. Encryption and other more secure types of data management are evolving, but the potential of data abuse due to market developments remains the weakest link. In order to maintain consumer trust and expand the market, these issues have to be solved through active and adaptive cybersecurity.
 

Wearable AI Market Analysis

Based on products, the market is divided into smartwatches, smart eyewear, smart earwear, and others. In smartwatches segment held a market share of over 40% and is expected to cross USD 190.7 billion by 2034.  
 

• To maintain one’s health consistently, applications that use AI algorithms for smartwatches can provide the user with actionable insights. As a result of smartwatches enabling continuous tracking through AI, the trend of smartwatches becoming more advanced has started to gain adoption. In addition, this development enables the remote management of chronic diseases paired with the transfer of Janus PM alerts to the treating physicians, leading to an enhanced patient outcome. 
   
• The market is getting flooded with businesses launching new and high-tech smartwatches. Garmin Ltd is one of the new entrants as in January 2024, they launched the Lily 2 series and joined the league of manufacturers of smartwatches in the form of beautiful jewelry watches. The series brought with it several must-have features such as a sleep tracking score, dance fitness activities, and Garmin contactless payment integration. It is estimated that the new functionalities will assist Garmin in the growth of the vegan health and wellness market.
   

Based on operation, the wearable AI market is categorized into on-device AI and cloud-based AI. The on-device AI segment held a market share of 64% in 2024.
 

• The on-device ability in wearables has not only ensured that privacy regulations are adhered to but also maximizes the amount of data that can be processed in real-time. This comes hand in hand with compliance to the existing privacy regulations by eliminating the need for sensitive data to be transmitted to cloud servers and instead saving it on the device. This will, without a doubt, propel the adoption of AI-enabled wearable devices as the growing apprehension of data security among users undermines the privacy issue.
   
• Including AI algorithms in devices ensures that the dependence on the cloud for processing is minimized, and hence response time is increased. This is particularly evident in fitness trackers, voice command systems and health monitoring devices where speed ensures better performance. There is an ever increasing necessity for instant interactivity and real time processing and devices that have on-device AI are becoming a necessity particularly in wearables which require use of processing power more efficiently.
   

Based on components, the wearable AI market is divided into processors, connectivity IC, and sensors. In the processor segment dominated the market accounting for USD 17 billion in 2024.
 

• In wearables, the use of AI applications is greatly accelerated through the provision of the required amount of computational power by the processors. The enhancement of AI algorithms related to health monitoring and analytics has increased the need for advanced processors. One of the advantages of the new technology of processors is that they allow wearables to operate applications more efficiently, resulting in quicker processing times. Processors will be the primary and subsequent source of growth as wearable AI applications broaden their scope.
   
• In AI development, the use of advanced processors that are lightweight is fundamental in the enhancement of the key features transferred to the wearable device. This is very fundamental because consumers are demanding smart devices that are easier to use and charge if they have more advanced AI capabilities. In addition to extending battery life, these gadgets of significant interest for further development will aid in developing the AI wearable device market. The anticipated growth of the smartphone market and the incorporation of AI technology into devices will significantly enlarge the scope of wearable AI technologies market.
   

Based on applications, the market is divided into consumer electronics, healthcare, automotive, military and defense, media and entertainment, and others. In the consumer electronics segment it is projected to grow to the fastest CAGR of 28.7% during the forecast period.
 

• The increasing need by consumers for AI-integrated items like smartwatches and AR glasses is a cause for concern in the market for consumer electronics, as the demand is likely to have surged to around 550 million devices through 2024. Devices with AI embedded are likely to have augmented functionality, including an enhanced user experience, navigation, and health monitoring, among other things. As the demand for seamless and advanced integration of personal electronics devices keeps on growing, so too does the growth of wearable AI integration into consumer electronics.
   
• According to statistics provided by the health department, demand for smartwatches has the potential to reach $12 billion by 2024 as chronic diseases grow. AI assistants, including those that function through voice recognition, are becoming a key aspect of consumer electronics vis-a-vis the sales of wearable AI devices flourishing. Combining AI technology with wearables allows the user to better communicate and interact with devices via voice or gesture.
   

• North America dominated the global wearable AI market with a major share of over 34% in 2024. North America’s market is witnessing growth due to the increasing requirement for healthcare monitoring devices. The CDC stated the growing number of chronic conditions such as diabetes and heart disease has created a need for real-time monitoring systems. AI wearables allow for both real-time data monitoring and the ability to monitor in the future, which leads to improvement in healthcare systems, therefore increasing the market in that region.
   
• AI-powered health devices are easily accessible to US consumers, boosting their demand for wearable technology, while government policies encourage the use of such devices. Chronic health insurers are covering the cost for people who use wearables. As a result, the US Centers for Medicare and Medicaid Services are supportive of using telehealth care and remote monitoring, which further incorporates the use of AI devices. Due to this shift in trends, as more patients use chronic disease management devices to get insurance aid, demand for these devices becomes higher.
   
• The European Union has been keen on furthering digital health programs, and this has included embedding AI-fueled wearables into health systems. There are programs such as the EU Horizon 2020 program where there is funding for AI in wearables that help in health monitoring, preventing diseases, and customized treatment. The purpose of these initiatives is to improve healthcare services within Europe, and therefore the market for wearable AI devices that integrate with medical systems for monitoring and diagnosis in real-time is combining.
   
• The governments of countries in the region have started digitizing policies from the healthcare sector. For example, Weng et al elaborate that the Chinese government’s National Health Commission has been encouraging the healthcare sector to broaden the use of wearable devices that monitor health metrics and offer telemedicine services. Similarly, India spends some of its resources on AI systems, which help with wearable healthcare technologies that increase reach in rural sections of the population.
   

Wearable AI Market Share

Apple, SAMSUNG, Microsoft, Garmin, Huawei, OPPO, and Meta hold a significant market share of over 60% in the wearable AI industry. Apple is embedding more artificial intelligence tools in its gadgets like the Apple Watch. For example, with the implementation of heart rate sensors, ECG, blood oxygen analysing devices, and fall detection sensors, Apple uses the technology to help users with their particular health advice. As well, there is an expanded usability of the company’s strong ecosystem, which among other things includes integration with the iOS platform and synchronization with health apps. Its focus on AI prime fitness and health features in the Kn Circuit keeps the company’s edge intact while broadening its orientation towards amenities for health management.
 

Samsung focusses on healthcare and fitness services powered by AI using its Galaxy Watch Series. Samsung has introduced services with embedded features like sleep management, fitness guidance, and stress management owing to its capabilities of processing health data. Samsung has also maintained its competitiveness due to its cooperation with Google on the Wear OS as well as constant improvement of the device’s performance and battery work.
 

Wearable AI Market Companies

Major players operating in the wearable AI industry include:

• Alphabet
• Amazon
• Apple
• Garmin
• Huawei
• Lenovo
• Meta
• Microsoft
• OPPO
• SAMSUNG
   

In today’s world, there is a high demand for user-oriented devices and AI wearables. The competition is evident as there are multiple established companies as well as startups trying to capture the market. To assist in enhancing the user experience of wearables, industry leaders are integrating AI features such as natural language processing. The result of these cutting-edge technologies is amalgamated together as they allow smart devices to interact with the wearer, provide fitness coaching and most importantly, monitor health in real-time. The products are aimed at both the enterprise and consumer market.
 

Moreover, there are a few small businesses and startups that are creating products emphasizing affordability, design, and specific sector tools such as ‘fitness’ or even ‘enterprise’ tools. Startups do collaborations with businesses such as healthcare organizations and fitness brands which help them boost the popularity of their products. Additionally, wider adoption of AI technology allows for more energy efficient devices to be created which are compact but also feature-rich. AI-powered wearables have an immense amount of potential and are bound to evolve, the competition is only making evolution accelerate. Continual advancements aim for more seamless integration of smart devices leading to enhanced user experience, increasing their profitability.
 

Wearable AI Industry News

• In January 2025, At CES 2025, 1MORE introduced its latest AI-enhanced wearables, seamlessly combining advanced technology with stylish design. The AI Smart Glasses with Camera G70 were honored with a 2025 CES Picks Award. These glasses feature high-definition cameras for effortless photo and video capture, alongside an AI-powered translator that provides real-time language translation. The AI Open Earbuds S70 offer real-time multi-language translation, meeting transcription, and AI-enhanced local playback.
   
• In October 2024, DXFactor, a leader in AI-driven digital solutions, and EGYM, a global fitness technology innovator, have announced a strategic partnership to enhance the fitness experience through AI solutions. This collaboration aims to implement customizable digital platforms designed to improve member experiences, enhance operational efficiency, and drive business growth for fitness brands. By combining their strengths, DXFactor and EGYM plan to provide fitness operators with more intuitive mobile applications that rapidly integrate personalized content, facilitating a seamless user experience.
   
• In August 2024, Mastercard and boAt announced a partnership to introduce tap-and-pay functionality on boAt's wearable devices. This feature, accessible via the Crest Pay application, enables Mastercard cardholders to tokenize their cards and make contactless payments directly through their smartwatches.
   
• In November 2023, Xiaomi has launched the Redmi Buds 5 Pro, a premium True Wireless Stereo (TWS) earphone featuring AI adaptive noise cancellation up to 52dB. The earbuds have a semi-in-ear design with silicone ear tips, providing a comfortable fit and immersive sound quality. With a competitive price, they boast a long-lasting battery life of up to 38 hours, catering to users seeking a blend of advanced features and affordability.
   

The wearable AI market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and volume (Units) from 2021 to 2034, for the following segments:

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Market, By Product

• Smartwatches
• Smart eyewear
• Smart earwear
• Others

Market, By Operation

• On-device AI
• Cloud-based AI

Market, By Application

• Consumer electronics
• Healthcare
• Automotive
• Military and defense
• Media and entertainment
• Others

Market, By Component

• Processor
• Connectivity IC
• Sensors

Market, By End Use

• Individual consumers
• Healthcare providers
• Enterprises or corporate users
• Government & military

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Southeast Asia 
• Latin America
  • Brazil
  • Mexico
  • Argentina 
• MEA
  • UAE
  • South Africa
  • Saudi Arabia