Wearable AI Market by Product (Smart Watch, Ear Wear, Eye Wear), Operation (On-Device AI, Cloud-Based AI), Component (Processor, Connectivity IC, Sensors), Application (Consumer Electronics, Enterprise, Healthcare), and Geography - Global Forecast to 2023
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Secondary and Primary Research
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.1.1 Approach for Capturing the Market Size By Bottom-Up Analysis (Demand Side)
2.3.2 Top-Down Approach
2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.4 Data Triangulation
2.5 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Wearable AI Market Opportunities
4.2 Wearable AI Market for On-Device AI, By Application
4.3 Wearable AI Market in APAC, By Application & Country
4.4 Country-Wise Snapshot of Wearable AI Market
4.5 Wearable AI Market in APAC, By Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Demand for AI Assistants
5.2.1.2 Augmentation of Operations in Healthcare Industry
5.2.1.3 Emergence of IoT and Integration of Wireless Technology
5.2.1.4 Growth Prospects of Wearable Component Technology
5.2.1.5 Increase in Consumer Preference and Demand for Advanced Wearable Devices
5.2.2 Restraints
5.2.2.1 Rapidly Evolving Consumer Electronics Sector With Shorter Life Cycle
5.2.3 Opportunities
5.2.3.1 Wearable as A Service
5.2.3.2 Wearables for Pets and Animals
5.2.4 Challenges
5.2.4.1 Charging, Power, and Battery Life Optimization
5.2.4.2 Designing Technologically Advanced Product Along With Fashionable Elements
5.2.4.3 Data Privacy Compliances and Regulations
5.3 Value Chain Analysis
6 Wearable AI Market, By Product
6.1 Introduction
6.2 Smart Watch
6.2.1 Being Most Popular Wearable Product, Smart Watch to Have A Highest Rate of Adoption for AI Integration
6.3 Ear Wear
6.3.1 Adoption of AI in Hearable to Grow Owing to Best Suitability for Voice Assistance and Bring AI Features to Users in Most Convenient Way
6.4 Eye Wear
6.4.1 Demand for AI in Eye Wear is Growing Owing to Its Wide Usage in Enterprise & Industrial Applications
6.5 Other Body Wear
7 Wearable AI Market, By Component
7.1 Introduction
7.2 Display
7.2.1 Wearable AI Market for Displays to Lead During Forecast Period Owing to Dominance of Smart Watches
7.3 Processor
7.3.1 Growing Market for Processors Attributed to Increasing Demand for High-End Features to Facilitate Ease in AI Integration
7.4 Power Management
7.4.1 Challenges for Power Management in Adherence With Increasing Trend of Miniaturization to Drive the Growth of Power Management Market
7.5 Connectivity IC
7.5.1 Cellular
7.5.1.1 to Achieve A Data Connectivity Over A Long Distance Cellular is One of the Most Preferred Connectivity Technology
7.5.2 NFC
7.5.2.1 NFC is Preferred to Achieve A Quick Connection for A Closed Proximity Operation
7.5.3 Bluetooth
7.5.3.1 Bluetooth is Mostly Preferred for Convenient Connectivity With Other Portable Devices
7.5.4 Wi-Fi+Bluetooth
7.5.4.1 Achieving High Performance and Cost-Effective Communication Wi-Fi + Bluetooth is Most Preferred Technology
7.5.5 Wi-Fi
7.5.5.1 The Requirement for Operations Over Cloud to Drive the Increasing Demand for Wi-Fi Technology
7.5.6 ANT+
7.5.6.1 The Market for ANT+ is Attributed to the Operations Over Low-Power Sensor Networks
7.5.7 GPS
7.5.7.1 The Increasing Demand for GPS Technology is Owing to the Applications Areas Such as Patient Monitoring, Child Surveillance, and Others
7.6 Memory/Storage
7.6.1 Increasing Multimedia Features in Wearable Devices Such as Smart Watches Driving the Need for Additional Internal Memory
7.7 Sensors
7.7.1 Increasing Need for Monitoring More Number of Physiological Parameters That Would Facilitate Better AI Integration to Drive the Growth of Sensor Market
7.8 UI
7.8.1 UI Market Growth Attributed to Ongoing Improvements for Better User Experience
7.9 Others
8 Wearable AI Market, By Operation
8.1 Introduction
8.2 On-Device AI
8.2.1 Increasing Need for Higher Performance and Better Reliability to Drive the Demand for On-Device AI Wearables
8.3 Cloud-Based AI
8.3.1 Cloud-Based AI to Hold Largest Market Owing to Simplicity in Operation and Cost-Effectiveness
9 Wearable AI Market, By Application
9.1 Introduction
9.2 Consumer Electronics
9.2.1 Growth of Wearable AI Market in Consumer Electronics Attributed to Rising Consumer Awareness for Fitness and Health
9.3 Healthcare
9.3.1 Increasing Adoption of Technology in Healthcare for Process Improvement to Drive Adoption of Wearable AI in Healthcare
9.4 Enterprise and Industrial
9.4.1 Increasing Worker Performance and Process Efficiency to Drive the Demand for Wearable AI in Enterprise and Industrial Applications
9.5 Others
10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 US to Hold Largest Market of Wearable AI in North America During Forecast Period
10.2.2 Canada
10.2.2.1 Wearable AI Market in Canada to Grow With Rising Adoption of Wearables in Healthcare and Enterprises
10.2.3 Mexico
10.2.3.1 Increasing Use of Consumer Electronics to Drive Wearable AI Market in Mexico
10.3 Europe
10.3.1 Germany
10.3.1.1 Increasing Consumer Adoption of Wearable Devices to Define the Growth of Wearable AI in the Country
10.3.2 France
10.3.2.1 Growth of Wearable AI Market in France Driven By Increasing Demand for Portable Electronic Products, Especially From the Country’s Healthcare and Consumer Sectors
10.3.3 UK
10.3.3.1 Market in the UK to Grow With Wearable Adoption in Healthcare and Consumer Electronics
10.3.4 Rest of Europe
10.4 APAC
10.4.1 China
10.4.1.1 China to Hold Largest Market Share of Wearable AI in APAC During Forecast Period
10.4.2 Japan
10.4.2.1 Technologically Advanced Manufacturing Industry to Drive the Growth of Wearable AI in Japan
10.4.3 South Korea
10.4.3.1 Presence of Leading Manufacturers in Wearable Space Drive Wearable AI Market Growth in Consumer Electronics in the Country
10.4.4 India
10.4.4.1 Wearable AI Market in India is Primarily Driven By Increasing Application Areas in Consumer and Healthcare Sectors
10.4.5 Rest of APAC
10.5 RoW
10.5.1 South America
10.5.1.1 Growing Economies Such as Brazil and Other are Driving the Growth of Wearable AI Market in South America
10.5.2 Middle East & Africa
10.5.2.1 Industrial Development to Drive the Demand of Wearable AI in the Middle East
11 Competitive Landscape
11.1 Overview
11.2 Ranking Analysis
11.2.1 Apple (US)
11.2.2 Samsung (South Korea)
11.2.3 Google (US)
11.2.4 Microsoft (US)
11.2.5 Sony (Japan)
11.3 Competitive Scenario
11.3.1 Product Developments and Launches
11.3.2 Partnerships, Agreements, and Collaborations
11.3.3 Acquisitions
11.3.4 Investments and Expansions
12 Company Profiles
(Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1 Key Companies
12.1.1 Apple
12.1.2 Samsung
12.1.3 Google
12.1.4 Microsoft
12.1.5 Sony
12.1.6 Garmin
12.1.7 Fitbit
12.1.8 Huawei
12.1.9 Amazon
12.1.10 IBM
12.1.11 Oracle
12.2 Key Start-UPS
12.2.1 Bragi
12.2.2 Motive
12.2.3 Shft
12.2.4 Lifebeam
12.2.5 Focusmotion
12.2.6 Moov
12.2.7 Atlas
12.2.8 Biobeats
12.2.9 Physiq
12.2.10 Touchkin
*Details on Business Overview, Products and Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
13 Appendix
13.1 Insights From Industry Experts
13.2 Questionnaire
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Report
13.6 Author Details
List of Tables
Table 1 Wearable AI Market, By Product, 2016–2023 (USD Million)
Table 2 Wearable AI Market, By Product, 2016–2023 (Thousand Units)
Table 3 Wearable AI Market for AI Smart Watches, By Component, 2016–2023, (USD Million)
Table 4 Wearable AI Market for Ear Wear, By Component, 2016–2023, (USD Million)
Table 5 Wearable AI Market for Eye Wear, By Component, 2016–2023, (USD Million)
Table 6 Wearable AI Market for Other Body Wear, By Component, 2016–2023 (USD Thousand)
Table 7 Wearable AI Market, By Component, 2016–2023 (USD Billion)
Table 8 Wearable AI Market for Displays, By Product, 2016–2023 (USD Million)
Table 9 Wearable AI Market for Processors, By Product, 2016–2023 (USD Million)
Table 10 Wearable AI Market for Power Management, By Product, 2016–2023 (USD Million)
Table 11 Wearable AI Market for Connectivity Ic, By Product, 2016–2023 (USD Million)
Table 12 Wearable AI Market for Connectivity Ic, By Type, 2016–2023 (USD Thousand)
Table 13 Wearable AI Market for Memory/Storage, By Product, 2016–2023 (USD Million)
Table 14 Wearable AI Market for Sensors, By Product, 2016–2023 (USD Million)
Table 15 Wearable AI Market for UI, By Product, 2016–2023 (USD Million)
Table 16 Wearable AI Market, By Operation, 2016–2023 (USD Million)
Table 17 Wearable AI Market for On-Device AI, By Application, 2016–2023 (USD Million)
Table 18 Wearable AI Market for Cloud-Based AI, By Application, 2016–2023 (USD Million)
Table 19 Wearable AI Market, By Application, 2016–2023 (USD Billion)
Table 20 Wearable AI Market for Consumer Electronics Applications, By Operation, 2016–2023 (USD Million)
Table 21 Wearable AI Market for Consumer Electronics Applications, By Region, 2016–2023 (USD Billion)
Table 22 Wearable AI Market for Healthcare Applications, By Operation, 2016–2023 (USD Million)
Table 23 Wearable AI Market for Healthcare Applications, By Region, 2016–2023 (USD Billion)
Table 24 Wearable AI Market for Enterprise & Industrial Applications, By Operation, 2016–2023 (USD Million)
Table 25 Wearable AI Market for Enterprise & Industrial Applications, By Region, 2016–2023 (USD Million)
Table 26 Wearable AI Market for Other Applications, By Operation, 2016–2023 (USD Million)
Table 27 Wearable AI Market for Other Applications, By Region, 2016–2023 (USD Million)
Table 28 Wearable AI Market, By Region, 2016–2023 (USD Billion)
Table 29 Wearable AI Market in North America, By Country, 2016–2023 (USD Billion)
Table 30 Wearable AI Market in North America, By Application, 2016–2023 (USD Billion)
Table 31 Wearable AI Market in North America for Consumer Electronics Applications, By Country, 2016–2023 (USD Billion)
Table 32 Wearable AI Market in North America for Healthcare Applications, By Country, 2016–2023 (USD Billion)
Table 33 Wearable AI Market in North America for Enterprise & Industrial Applications, By Country, 2016–2023 (USD Million)
Table 34 Wearable AI Market in North America for Other Applications, By Country, 2016–2023 (USD Million)
Table 35 Wearable AI Market in Us, By Application, 2016–2023 (USD Million)
Table 36 Wearable AI Market in Canada, By Application, 2016–2023 (USD Million)
Table 37 Wearable AI Market in Mexico, By Application, 2016–2023 (USD Million)
Table 38 Wearable AI Market in Europe, By Country, 2016–2023 (USD Billion)
Table 39 Wearable AI Market in Europe, By Application, 2016–2023 (USD Billion)
Table 40 Wearable AI Market in Europe for Consumer Electronics Applications, By Country, 2016–2023 (USD Billion)
Table 41 Wearable AI Market in Europe for Healthcare Applications, By Country, 2016–2023 (USD Billion)
Table 42 Wearable AI Market in Europe for Enterprise & Industrial Applications, By Country, 2016–2023 (USD Million)
Table 43 Wearable AI Market in Europe for Other Applications, By Country, 2016–2023 (USD Million)
Table 44 Wearable AI Market in Germany, By Application, 2016–2023 (USD Million)
Table 45 Wearable AI Market in France, By Application, 2016–2023 (USD Million)
Table 46 Wearable AI Market in Uk, By Application, 2016–2023 (USD Million)
Table 47 Wearable AI Market in Rest of Europe, By Application, 2016–2023 (USD Million)
Table 48 Wearable AI Market in APAC, By Country, 2016–2023 (USD Million)
Table 49 Wearable AI Market in APAC, By Application, 2016–2023 (USD Million)
Table 50 Wearable AI Market in APAC for Consumer Electronics Applications, By Country, 2016–2023 (USD Million)
Table 51 Wearable AI Market in APAC for Healthcare Applications, By Country, 2016–2023 (USD Million)
Table 52 Wearable AI Market in APAC for Enterprise & Industrial Applications, By Country, 2016–2023 (USD Million)
Table 53 Wearable AI Market in APAC for Other Applications, By Country, 2016–2023 (USD Million)
Table 54 Wearable AI Market in China, By Application, 2016–2023 (USD Million)
Table 55 Wearable AI Market in Japan, By Application, 2016–2023 (USD Million)
Table 56 Wearable AI Market in South Korea, By Application, 2016–2023 (USD Million)
Table 57 Wearable AI Market in India, By Application, 2016–2023 (USD Million)
Table 58 Wearable AI Market in Rest of APAC, By Application, 2016–2023 (USD Million)
Table 59 Wearable AI Market in RoW, By Region, 2016–2023 (USD Million)
Table 60 Wearable AI Market in RoW, By Application, 2016–2023 (USD Million)
Table 61 Wearable AI Market in RoW for Consumer Electronics Applications, By Region, 2016–2023 (USD Million)
Table 62 Wearable AI Market in RoW for Healthcare Applications, By Region, 2016–2023 (USD Million)
Table 63 Wearable AI Market in RoW for Enterprise & Industrial Applications, By Region, 2016–2023 (USD Million)
Table 64 Wearable AI Market in RoW for Other Applications, By Region, 2016–2023 (USD Million)
Table 65 Wearable AI Market in South America, By Application, 2016–2023 (USD Million)
Table 66 Wearable AI Market in Middle East & Africa, By Application, 2016–2023 (USD Million)
Table 67 Product Developments and Launches, 2018
Table 68 Partnership, Agreement, and Collaborations, 2018
Table 69 Acquisitions, 2016–2018
Table 70 Investments and Expansions, 2016–2018
List of Figures
Figure 1 Wearable AI Market Segmentation
Figure 2 Research Flow
Figure 3 Wearable AI Market: Research Design
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Smart Watch to Hold Largest Size of Wearable AI Market During Forecast Period
Figure 8 Wearable AI Market for Sensors to Grow at Highest CAGR During Forecast Period
Figure 9 Market for On-Device AI to Grow at Higher CAGR During Forecast Period
Figure 10 Wearable AI Market for Enterprise and Industrial Applications to Grow at Highest CAGR During Forecast Period
Figure 11 North America Accounted for Largest Share in Wearable AI Market in 2017
Figure 12 Wearable AI Market to Provide Attractive Growth Opportunities During Forecast Period
Figure 13 On-Device AI Market for Enterprise & Industrial Application to Grow at Highest CAGR During Forecast Period
Figure 14 Consumer Electronics Held Largest Share of Wearable AI Market in APAC in 2017
Figure 15 Wearable AI Market in India to Grow at Highest CAGR During Forecast Period
Figure 16 Wearable AI Market in India to Grow at Highest CAGR During Forecast Period
Figure 17 Augmentation of Operations in Healthcare Industry Driving Growth of Wearable AI Market
Figure 18 Digital Assistant Device Market, 2015–2017
Figure 19 Value Chain: Wearable AI Market, 2017
Figure 20 Wearable AI Market for Other Body Wear to Grow at Highest CAGR During Forecast Period
Figure 21 Eye Wear Component Market for Processor to Hold Largest Share By 2023
Figure 22 Wearable AI Market for Sensors to Grow at Highest CAGR During Forecast Period
Figure 23 Processor Market for Eye Wear to Grow at Highest CAGR During Forecast Period
Figure 24 Connectivity Ic Market for Wi-Fi+ Bluetooth to Grow at Highest CAGR During Forecast Period
Figure 25 Market for On-Device Wearable AI Devices to Grow at Higher CAGR During Forecast Period
Figure 26 Wearable AI Market for Enterprise & Industrial Applications to Grow at Highest CAGR During Forecast Period
Figure 27 Wearable AI Market in APAC for Healthcare Applications to Grow at Highest CAGR During Forecast Period
Figure 28 Geographic Snapshot: APAC Countries Emerging as Potential Markets for Wearable AI (2018–2023)
Figure 29 Wearable AI Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 30 North America: Snapshot of Wearable AI Market
Figure 31 Wearable AI Market in US for Enterprise & Industrial Applications to Grow at Highest CAGR During Forecast Period
Figure 32 Europe: Snapshot of Wearable AI Market
Figure 33 Wearable AI Market in Europe for Enterprise & Industrial Applications to Grow at Highest CAGR During Forecast Period
Figure 34 APAC: Snapshot of Wearable AI Market
Figure 35 Wearable AI Market in South Korea for Enterprise & Industrial Applications to Grow at Highest CAGR During Forecast Period
Figure 36 Wearable AI Market in Middle East & Africa for to Grow at Higher CAGR During Forecast Period
Figure 37 Companies Adopted Product Developments and Launches as Key Growth Strategies Over the Last 5 Years (2013–2017)
Figure 38 Ranking Analysis of Top 5 Players in Wearable AI Market
Figure 39 Apple: Company Snapshot
Figure 40 Samsung: Company Snapshot
Figure 41 Google: Company Snapshot
Figure 42 Microsoft: Company Snapshot
Figure 43 Sony: Company Snapshot
Figure 44 Garmin: Company Snapshot
Figure 45 Fitbit: Company Snapshot
Figure 46 Huawei: Company Snapshot
Figure 47 Amazon: Company Snapshot
Figure 48 IBM: Company Snapshot
Figure 49 Oracle: Company Snapshot
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