Wearable Computing Devices Market Size to Grow by USD 49.88 billion, Majority of Market Growth to Originate from North America - Technavio

NEW YORK, Sept. 19, 2022 /PRNewswire/ -- The wearable computing devices market is fragmented, and the vendors are deploying growth strategies such as product innovations to compete in the market. Several prominent vendors offer a wide range of products. They are focusing on R&D to develop advanced products, which is intensifying competition in the market. In addition, they are formulating several strategies to remain competitive and increase their revenue. The demand for wearable computing devices is increasing, with the rising awareness about fitness. Moreover, as many new players are entering this market, the competition will increase during the forecast period.

The wearable computing devices market size is expected to grow by USD 49.88 bn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 15.93% during the forecast period, according to Technavio.

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Wearable Computing Devices Market 2022-2026: Scope

The wearable computing devices market report covers the following areas:

• Wearable Computing Devices Market size
• Wearable Computing Devices Market trends
• Wearable Computing Devices Market industry analysis

Wearable Computing Devices Market 2022-2026: Segmentation

• Product 
• Smart Watches: The smart watches segment will be the largest contributor to market growth during the forecast period. Rapid urbanization, health- and fitness-conscious population, technology proliferation, rising smartphone use, rising luxury standards, and rising disposable income are some of the factors driving the growth of this segment.
• Fitness Trackers
• Smart Glasses
• Head Mounted Displays
• Others
• Geography 
• North America: North America will account for 32% of the market's growth during the forecast period. The growth of this region is attributed to factors such as the rise in disposable income and the increased adoption of new technological gadgets. Moreover, market growth in this region will be faster than the growth of the market in other regions. The US and Canada are the key countries for the wearable computing devices market in North America.
• APAC
• Europe
• South America
• Middle East And Africa

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Wearable Computing Devices Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the wearable computing devices market, including Apple Inc., AiQ Smart Clothing Inc., Alphabet Inc., Cyberdyne Inc., Ekso Bionics Holdings Inc., Fossil Group Inc., Garmin Ltd., Huawei technologies Co. Ltd., LG Electronics Inc., Medtronic Plc, Microsoft Corp., Nokia Corp., Nuheara Ltd., OMRON Corp., Samsung Electronics Co. Ltd., Sensoria Inc., Sony Group Corp., Transcend Information Inc., Xiaomi Corp., and ZEPP HEALTH CORP.

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Wearable Computing Devices Market 2022-2026: Key Highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist wearable computing devices market growth during the next five years
• Estimation of the wearable computing devices market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the wearable computing devices market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of wearable computing devices market vendors

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Table Of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Smart watches - Market size and forecast 2021-2026
• Exhibit 28: Chart on Smart watches - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Smart watches - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Smart watches - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Smart watches - Year-over-year growth 2021-2026 (%)

• 5.4 Fitness trackers - Market size and forecast 2021-2026
• Exhibit 32: Chart on Fitness trackers - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Fitness trackers - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Fitness trackers - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Fitness trackers - Year-over-year growth 2021-2026 (%)

• 5.5 Smart glasses - Market size and forecast 2021-2026
• Exhibit 36: Chart on Smart glasses - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Smart glasses - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Smart glasses - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Smart glasses - Year-over-year growth 2021-2026 (%)

• 5.6 Head mounted displays - Market size and forecast 2021-2026
• Exhibit 40: Chart on Head mounted displays - Market size and forecast 2021-2026 ($ million)
• Exhibit 41: Data Table on Head mounted displays - Market size and forecast 2021-2026 ($ million)
• Exhibit 42: Chart on Head mounted displays - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Head mounted displays - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by Product
• Exhibit 48: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Canada - Market size and forecast 2021-2026
• Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Apple Inc.
• Exhibit 101: Apple Inc. - Overview
• Exhibit 102: Apple Inc. - Business segments
• Exhibit 103: Apple Inc. - Key news
• Exhibit 104: Apple Inc. - Key offerings
• Exhibit 105: Apple Inc. - Segment focus

• 10.4 Alphabet Inc.
• Exhibit 106: Alphabet Inc. - Overview
• Exhibit 107: Alphabet Inc. - Business segments
• Exhibit 108: Alphabet Inc. - Key news
• Exhibit 109: Alphabet Inc. - Key offerings
• Exhibit 110: Alphabet Inc. - Segment focus

• 10.5 Fossil Group Inc.
• Exhibit 111: Fossil Group Inc. - Overview
• Exhibit 112: Fossil Group Inc. - Business segments
• Exhibit 113: Fossil Group Inc. - Key offerings
• Exhibit 114: Fossil Group Inc. - Segment focus

• 10.6 Garmin Ltd.
• Exhibit 115: Garmin Ltd. - Overview
• Exhibit 116: Garmin Ltd. - Business segments
• Exhibit 117: Garmin Ltd. - Key offerings
• Exhibit 118: Garmin Ltd. - Segment focus

• 10.7 Huawei technologies Co. Ltd.
• Exhibit 119: Huawei technologies Co. Ltd. - Overview
• Exhibit 120: Huawei technologies Co. Ltd. - Business segments
• Exhibit 121: Huawei technologies Co. Ltd. - Key offerings
• Exhibit 122: Huawei technologies Co. Ltd. - Segment focus

• 10.8 Microsoft Corp.
• Exhibit 123: Microsoft Corp. - Overview
• Exhibit 124: Microsoft Corp. - Business segments
• Exhibit 125: Microsoft Corp. - Key news
• Exhibit 126: Microsoft Corp. - Key offerings
• Exhibit 127: Microsoft Corp. - Segment focus

• 10.9 Nuheara Ltd.
• Exhibit 128: Nuheara Ltd. - Overview
• Exhibit 129: Nuheara Ltd. - Product / Service
• Exhibit 130: Nuheara Ltd. - Key offerings

• 10.10 OMRON Corp.
• Exhibit 131: OMRON Corp. - Overview
• Exhibit 132: OMRON Corp. - Business segments
• Exhibit 133: OMRON Corp. - Key news
• Exhibit 134: OMRON Corp. - Key offerings
• Exhibit 135: OMRON Corp. - Segment focus

• 10.11 Samsung Electronics Co. Ltd.
• Exhibit 136: Samsung Electronics Co. Ltd. - Overview
• Exhibit 137: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 138: Samsung Electronics Co. Ltd. - Key news
• Exhibit 139: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 140: Samsung Electronics Co. Ltd. - Segment focus

• 10.12 Sony Group Corp.
• Exhibit 141: Sony Group Corp. - Overview
• Exhibit 142: Sony Group Corp. - Business segments
• Exhibit 143: Sony Group Corp. - Key news
• Exhibit 144: Sony Group Corp. - Key offerings
• Exhibit 145: Sony Group Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 146: Inclusions checklist
• Exhibit 147: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 148: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 149: Research methodology
• Exhibit 150: Validation techniques employed for market sizing
• Exhibit 151: Information sources

• 11.5 List of abbreviations
• Exhibit 152: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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