Wearable Tech: Strategic Intelligence

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The wearable tech industry was worth $117.4 billion in 2024 and is forecast to reach $232.2 billion by 2030, according to GlobalData. Hearables and smartwatches will be key growth drivers, supported by strong demand for health monitoring and artificial intelligence (AI) tools.

Scope

This report provides an overview of the wearable tech theme.

It identifies the key trends impacting growth of the sector over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.

In includes a comprehensive industry analysis, outlining the key growth areas and potential use cases.

It identifies the best-positioned players in the wearable tech industry, across all segments of the value chain.

The report also includes a timeline charting the development of the wearable tech theme.

Key Highlights

Smart glasses will be the fastest-growing segment through 2030, driven by broader device availability, expanding consumer and enterprise use cases, and multimodal AI capabilities. Emerging form factors such as smart rings will gain traction, potentially displacing traditional fitness trackers, while augmented reality (AR) and virtual reality (VR) headsets will continue to face adoption constraints due to high prices, bulky designs, and a lack of compelling use cases.

AI is transforming wearable devices from basic trackers into smart, context-aware assistants that offer personalized health insights, wellness advice, and seamless integration into digital ecosystems. The next wave of wearables promises even greater personalization, anticipating user needs, surfacing reminders, and transforming from passive into active health partners.

Reasons to Buy

Wearable tech is a key market in the broader Internet of Things industry. It has garnered significant attention and hype in the last decade, thanks to the popularity of devices such as Apple Watches. As the underlying technologies advance, wearables could potentially transform how we interact, monitor health and well-being, and consume digital content in immersive environments.

The report is an invaluable guide to this disruptive theme, including a breakdown of the wearable tech value chain and profiles of leading vendors.

3Glasses
Aabo
Accenture
AiQ Smart Clothing
Alibaba
Alphabet (Google)
Amazon
American Exchange Group (iTouch Wearables)
Anduril
Apple
Aryzon
Asus
AT&T
Atheer
Athos
Autodesk
Baidu
BBK Electronics (Imoo)
Bosch
Bose
Boston Consulting Group
ByteDance (Pico)
Canbor
Casio
Catapult Sports
Cisco
Clim8
CNN
Cognizant
Coros
Coursera
Datamatics
Deloitte
DigiLens
DPVR
EssilorLuxottica
Even Realities
Everysight
Eyelights
Fire-Boltt
Garmin
GOQii
Graphene-X
Hexoskin
Hilo
Honeywell
HP
HTC
Huawei
Hume Health
IBM
Imagine Marketing (BoAt)
Infineon
Inmo
Iristick
Jarvish
Katana XR
L&T Technologies
Lenovo
LG Electronics
Logitech
Looktech
LTIMindtree
LVMH (TAG Heuer)
Mad Gaze
Magic Leap
Mastercard
Mentra Labs
Merge Labs
Meta
Microchip Technology
Microsoft
Mobvoi
Moticon ReGo
Movano Health
Movesense (Supa)
NBA
Netflix
Nike
Noise
Nothing Tech
Nuheara
Omron
OpenAI
Oppo (OnePlus)
Oura
Owlet Baby Care
Panasonic
Pebble
Pi Ring
Pico
Pimax
PixelPlex
Polar Electro
PTC
PTC (Vuforia)
Qualcomm
Qualcomm (Wikitude)
Ralph Lauren
Razer
Realmax
RealWear
RE'FLEKT
RingConn
Rivet
Rockwell Automation Services
Rokid
Samsung Electronics
Seiko Epson
Sekyo
Sennheiser
Sensoria
Shinecon
Siren Care
Sky Labs
Snap
Solos
Sony
Spotify
Strava
Suunto
Symphonic Labs
Tata Consultancy Services
TCL
TeamViewer
Tencent
The Swatch Group
ThirdEye
TSMC
Ultrahuman
Under Armour
Valve
Varjo
Velia
Vivo
Voler Systems
Vuzix
Wahoo Fitness
Wearable Technologies
Wearable X
Whoop
Wipro
Withings
Xiaomi
Xreal
Zepp Health (Amazfit)
Zoom

Table of Contents

Executive Summary

Players

Technology Briefing

Trends

Industry Analysis

Value Chain

Companies

Sector Scorecard

Glossary

Further Reading

Thematic Research Methodology

Wearable Tech: Strategic Intelligence thematic reports
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