Product Code: GVR-4-68040-559-9
IoT Wearable Device Market Size & Trends:
The global IoT wearable device market size was estimated at USD 18.80 billion in 2024 and is projected to grow at a CAGR of 9.8% from 2025 to 2030. The market growth is largely driven by the growing technological advancements, increasing consumer demand for health and fitness solutions, and the broader integration of wearable devices within the Internet of Things (IoT) ecosystem. These devices, which range from smartwatches and fitness trackers to more specialized medical wearables, are gaining popularity owing to their ability to monitor health metrics, provide real-time data, and enhance everyday convenience. These factors further accelerate the adoption of IoT wearable device solutions, boosting the IoT wearable device industry expansion.
The growing integration of wearables with broader IoT ecosystems is revolutionizing user experiences by enabling seamless data sharing across devices. This interconnectedness allows wearables to interact with smart homes, healthcare systems, and other connected technologies, enhancing the functionality and convenience of daily life. The ability to sync with multiple devices further boosts the value proposition of wearables, particularly in enhancing productivity, safety, and lifestyle management.
In addition, the growing adoption of IoT wearable devices in health and wellness monitoring is boosting market demand. IoT wearables are increasingly designed to monitor vital health metrics such as heart rate, blood pressure, and oxygen saturation in real-time. These devices help users proactively manage their health, supporting the growing trend of personalized healthcare. With continuous advancements in sensor technology, wearables are becoming indispensable tools in preventive health and fitness, enabling users to stay ahead of potential health issues. These factors are expected to contribute significantly to the IoT wearable device industry expansion.
Furthermore, the introduction of faster and more reliable connectivity options, such as 5G, is a significant driver in the IoT wearable device industry. These technologies offer increased bandwidth, lower latency, and the ability to handle larger volumes of data, which are critical for applications such as real-time health monitoring, augmented reality, and smart automation. This connectivity leap makes wearables more capable, efficient, and appealing to a broader range of consumers and industries, which is expected to drive the market growth in the coming years.
Moreover, the integration of AR and VR in IoT wearables is revolutionizing user interaction by blending digital and physical worlds. These devices offer immersive experiences across sectors such as gaming, education, healthcare, and training, allowing real-time interaction with digital content. This trend is enhancing productivity, learning, and entertainment, providing more engaging and practical solutions for both consumers and professionals, thereby boosting the IoT wearable device industry.
Global IoT Wearable Device Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest technological trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global IoT wearable device market report based on component, type, connectivity, end use, and region:
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Sensors
- Actuators
- Processors
- Edge Devices
- Others
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Smartwatches
- Fitness Bands
- Wearable AR/VR devices
- Others
- Connectivity Outlook (Revenue, USD Million, 2018 - 2030)
- Wi-Fi
- Bluetooth
- Zigbee
- Cellular
- RFID
- Others
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Healthcare & Medical
- Fitness & Wellness
- Consumer Electronics
- Industrial & Enterprise
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. IoT Wearable Device Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Technology Challenge
- 3.3. IoT Wearable Device Market Analysis Tools
- 3.3.1. Technology Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
- 3.3.2.4. Environmental landscape
- 3.3.2.5. Legal landscape
Chapter 4. IoT Wearable Device Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. IoT Wearable Device Market: Component Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Sensors
- 4.3.1. Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Actuators
- 4.4.1. Actuators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Processors
- 4.5.1. Processors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Edge Devices
- 4.6.1. Edge Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.7. Others
- 4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. IoT Wearable Device Market: Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. IoT Wearable Device Market: Type Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. Smartwatches
- 5.3.1. Smartwatches Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Fitness Bands
- 5.4.1. Fitness Bands Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Wearable AR/VR devices
- 5.5.1. Wearable AR/VR devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Others
- 5.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. IoT Wearable Device Market: Connectivity Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. IoT Wearable Device Market: Connectivity Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Wi-Fi
- 6.3.1. Wi-Fi Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Bluetooth
- 6.4.1. Bluetooth Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Zigbee
- 6.5.1. Zigbee Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Cellular
- 6.6.1. Cellular Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. RFID
- 6.7.1. RFID Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. IoT Wearable Device Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. IoT Wearable Device Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 7.3. Healthcare & Medical
- 7.3.1. Healthcare & Medical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Fitness & Wellness
- 7.4.1. Fitness & Wellness Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Consumer Electronics
- 7.5.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Industrial & Enterprise
- 7.6.1. Industrial & Enterprise Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Others
- 7.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Regional Estimates & Trend Analysis
- 8.1. IoT Wearable Device Market by Region, 2024 & 2030
- 8.2. North America
- 8.2.1. North America IoT Wearable Device Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
- 8.3.2.1. UK IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
- 8.3.3.1. Germany IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. Japan
- 8.4.3.1. Japan IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
- 8.4.4.1. India IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. South Korea
- 8.4.5.1. South Korea IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. Australia
- 8.4.6.1. Australia IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East and Africa IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.2.1. Saudi Arabia IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. South Africa
- 8.6.3.1. South Africa IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. UAE
- 8.6.4.1. UAE IoT Wearable Device Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Positioning
- 9.3. Company Heat Map Analysis
- 9.4. Company Profiles/Listing
- 9.4.1. Samsung Electronics Co. Ltd.
- 9.4.1.1. Participant's Overview
- 9.4.1.2. Financial Performance
- 9.4.1.3. Product Benchmarking
- 9.4.1.4. Strategic Initiatives
- 9.4.2. Huawei Technologies Co., Ltd.
- 9.4.2.1. Participant's Overview
- 9.4.2.2. Financial Performance
- 9.4.2.3. Product Benchmarking
- 9.4.2.4. Strategic Initiatives
- 9.4.3. Qualcomm Technologies, Inc.
- 9.4.3.1. Participant's Overview
- 9.4.3.2. Financial Performance
- 9.4.3.3. Product Benchmarking
- 9.4.3.4. Strategic Initiatives
- 9.4.4. Apple, Inc.
- 9.4.4.1. Participant's Overview
- 9.4.4.2. Financial Performance
- 9.4.4.3. Product Benchmarking
- 9.4.4.4. Strategic Initiatives
- 9.4.5. Garmin Ltd.
- 9.4.5.1. Participant's Overview
- 9.4.5.2. Financial Performance
- 9.4.5.3. Product Benchmarking
- 9.4.5.4. Strategic Initiatives
- 9.4.6. NXP Semiconductors NV
- 9.4.6.1. Participant's Overview
- 9.4.6.2. Financial Performance
- 9.4.6.3. Product Benchmarking
- 9.4.6.4. Strategic Initiatives
- 9.4.7. STMicroelectronics NV
- 9.4.7.1. Participant's Overview
- 9.4.7.2. Financial Performance
- 9.4.7.3. Product Benchmarking
- 9.4.7.4. Strategic Initiatives
- 9.4.8. Robert Bosch GmbH
- 9.4.8.1. Participant's Overview
- 9.4.8.2. Financial Performance
- 9.4.8.3. Product Benchmarking
- 9.4.8.4. Strategic Initiatives
- 9.4.9. Cisco Systems, Inc.
- 9.4.9.1. Participant's Overview
- 9.4.9.2. Financial Performance
- 9.4.9.3. Product Benchmarking
- 9.4.9.4. Strategic Initiatives
- 9.4.10. Honeywell International Inc.
- 9.4.10.1. Participant's Overview
- 9.4.10.2. Financial Performance
- 9.4.10.3. Product Benchmarking
- 9.4.10.4. Strategic Initiatives