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Global Smart Wearable Market (2021-2026) by Product, Type, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5503388
  • Report
  • October 2021
  • Region: Global
  • 180 Pages
  • Infogence Global Research
until Dec 31st 2021
The Global Smart Wearable Market is Estimated to Be USD 28.75 Bn in 2021 and is Expected to Reach USD 60.91 Bn by 2026, Growing at a CAGR of 16.20%


  • AIQ Smart Clothing Inc.
  • Bragi GmbH
  • Fitbit Inc.
  • Garmin Ltd
  • Huami Corporation
  • Microsoft Corporation
The Global Smart Wearable Market is estimated to be USD 28.75 Bn in 2021 and is expected to reach USD 60.91 Bn by 2026, growing at a CAGR of 16.20%.

Market Dynamics

Wearable technology is an emerging trend that integrates electronics into daily activities and fits into the changing lifestyles and can be worn on any part of the body. Factors such as increasing growth prospects of next-generation displays in wearable devices, rising popularity among consumers, and health benefits associated with some smart wearable products are some of the major drivers for the market growth. Whereas limited battery life and the high cost of products act as a restraint for the market.

Demand for wearables that integrate all computing requirements in one compact device and incremental technology advancements are opportunities for the market though demand for continuous development in these devices and data security concerns act as challenges for it.

Market Segmentation

The Global Smart Wearable Market is segmented further based on Product, Type, Application, and Geography.

By Type, the market is classified into Wearable Smart Textiles and Smart Products & Devices segments. Amongst them, the Smart Products & Devices segment is expected to grow at the highest CAGR.

By Product, the market is classified into Wristwear, Headwear, Footwear, Neckwear, Bodywear, and Other Wearable Technology segments. Amongst all, the Wristwear segment is expected to contribute the highest growth.

By Application, the market is classified into Consumer Electronics, Fitness & Healthcare, Enterprise & Industrial Applications, Military & Intelligence, and Other Applications segments. Amongst all, the Consumer Electronics segment is expected to contribute the highest growth.

By Geography, North America is projected to lead the market.

Recent Developments

1. Rockley Photonics to deliver non-invasive glucose monitoring for Apple smartwatches - May 4, 2021
2. Royole shows off a stretchable micro-LED display for next-gen wearables - May 25, 2021

Company Profiles

Some of the companies covered in this report are Ekso Bionics Holdings Inc., Cyberdyne Inc., Transcend Information Inc., GoPro Inc., Sensoria Inc., AIQ Smart Clothing Inc., Medtronic PLC, Withings, Huami Corporation, Omron Healthcare Inc., etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Smart Wearable Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown


  • AIQ Smart Clothing Inc.
  • Bragi GmbH
  • Fitbit Inc.
  • Garmin Ltd
  • Huami Corporation
  • Microsoft Corporation
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook

4 Market Influencers
4.1 Drivers
4.1.1 Increasing Growth Prospects of Next-Generation Displays in Wearable Devices
4.1.2 Rising Popularity Among Consumers
4.1.3 Health Benefits Associated with Some Smart Wearable Devices
4.2 Restraints
4.2.1 Limited Battery Life
4.2.2 High Cost of Products
4.3 Opportunities
4.3.1 Demand for Wearables in One Compact Device
4.3.2 Incremental Technology Advancements
4.3.3 Increasing Demand for Fitness Devices
4.4 Challenges
4.4.1 Demand for Continuous Development in These Devices
4.4.2 Data Security Concerns

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Smart Wearable Market, By Type
6.1 Introduction
6.2 Wearable Smart Textiles
6.3 Smart Products & Devices

7 Global Smart Wearable Market, By Product
7.1 Introduction
7.2 Wristwear
7.3 Headwear
7.4 Footwear
7.5 Neckware
7.6 Bodywear
7.7 Other Wearable Technology

8 Global Smart Wearable Market, By Application
8.1 Introduction
8.2 Consumer Electronics
8.3 Fitness & Healthcare
8.4 Enterprise and Industrial Applications
8.5 Military & Intelligence
8.6 Others

9 Global Smart Wearable Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates

10 Competitive Landscape
10.1 IGR Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements

11 Company Profiles
11.1 Ekso Bionics Holdings Inc.
11.2 Cyberdyne Inc.
11.3 Transcend Information Inc.
11.4 GoPro Inc.
11.5 Sensoria Inc.
11.6 AIQ Smart Clothing Inc.
11.7 Medtronic PLC
11.8 Withings
11.9 Huami Corporation
11.10 Omron Healthcare Inc.
11.11 Nuheara Limited
11.12 Bragi GmbH
11.13 Microsoft Corporation
11.14 Sony Corporation
11.15 Huawei Technologies Co. Ltd
11.16 Fitbit Inc.
11.17 Fossil Group Inc.
11.18 Garmin Ltd
11.19 Samsung Electronics Co. Ltd
11.20 Apple Inc.

12 Appendix
12.1 Questionnaire
Note: Product cover images may vary from those shown
  • Ekso Bionics Holdings Inc.
  • Cyberdyne Inc.
  • Transcend Information Inc.
  • GoPro Inc.
  • Sensoria Inc.
  • AIQ Smart Clothing Inc.
  • Medtronic PLC
  • Withings
  • Huami Corporation
  • Omron Healthcare Inc.
  • Nuheara Limited
  • Bragi GmbH
  • Microsoft Corporation
  • Sony Corporation
  • Huawei Technologies Co. Ltd
  • Fitbit Inc.
  • Fossil Group Inc.
  • Garmin Ltd
  • Samsung Electronics Co. Ltd
  • Apple Inc.
Note: Product cover images may vary from those shown