Wearable Artificial Intelligence Market Worth US$ 185 Bn by 2026

Wearable Artificial Intelligence


Recent study titled, "Wearable Artificial Intelligence (AI) Market (By Product: Fitness Band & Smartwatch, Head Mounted Display, Earwear; By Application: Consumer Electronics, Enterprise, Gaming) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026" which covers detailed statistical analysis and enlightens market dynamics and trends that provide a holistic picture of the industry.

The Global Wearable Artificial Intelligence (AI) Market size is estimated to grow at CAGR above 27 % over the forecast time frame 2019-2026 and reach the market value around USD 185 billion by 2026.
The key drivers for development will be increased demand for AI assistants, increased operations in the Healthcare industry, the emergence of IoT and the integration of wireless technologies and the growth of wearable component technology.
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As the majority of intelligent wearable equipment lacks basic safety mechanisms, an increasing concern for data security in smarts is preventing the growth of the wearable artificial intelligent market. Moreover, the cost of production is high and the consumption of batteries is limited.
Segmentation Outlook
In the forecast period, the earwear market is projected to grow at more than 43 percent. The increasing integration of AI-based voices like Siri and Alexa into the product range by large smartphone manufacturers drives the wearable artificial intelligence (AI) market. The growing popularity of AI-based voice helpers has led to firms like Bragi starting their own intelligent earwears using AI-based voice support to help users conduct different activity using voice commands. Most earwears have biosensors that track the heartbeats of the user and adapt different user experiences. For example, it individualizes soundtracks based on the heart rate of the users. The removal of 3.5 mm jack from smartphones and the increased integration of Bluetooth technology as a solution for traditional wired technology are another catalyst for the adoption of AI-based earwear devices.
In the forecast period, the gaming market is expected to register a CAGR of over 35 %. The advances made in technology in gaming software and hardware consoles based on AR / VR are responsible for that. In AR / VR immersive environments integration of advanced video and audio graphics is rapidly becoming more popular in the gaming industry. In order to give gamers more realistic experience, intelligent wearable device manufacturers present in the countryside include different new technology products such as interactive graphics and 3D effects. The high cost of game components and the lack of standout contents prevent the use of wearable AI equipment in the gaming environment.
Regional Outlook
Geographically, five major regions were segmented in the global wearable AI market: North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Because of a high per capita income in the region, North America had over 30 percent share in the wearable AI market. Consumers have access to products at low prices with the attendance of major consumer electronics companies such as Apple and Oculus. In addition, the high adoption among consumers of smart wearables between the ages of 16 and 34 (millennia) also encourages growth on the wearable market of artificial intelligence.
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Key Players & Strategies
The Wearable Artificial Intelligence (AI) market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Facebook, Apple, Samsung, Garmin, Fossil, Microsoft, HTC, Huawei, Bragi, Jabra, ANTVR, Huami and Google.
Large players like Huawei, Samsung, Facebook, Apple, Fitbit and Microsoft lead the wearable AI market. Large companies are currently working to develop cost-effective solutions to compete with Asia-Pacific regional actors. The tech players have worked with luxury brands to compete better in developing their own premium smartwatch product line with the large watch companies. Apple partnered with Nike and Hermès in September 2016, for example, to develop its own premium smart clock offering range. Startups such as Misfit and ANTVR focus on the cost-effective supply of products to take advantage of the large players on the market.
TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Wearable Artificial Intelligence (AI)
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Wearable Artificial Intelligence (AI) Market By Product
1.2.2.1. Global Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Wearable Artificial Intelligence (AI) Market Revenue Share By Product in 2017
1.2.2.3. Fitness Band & Smartwatch
1.2.2.4. Head Mounted Display
1.2.2.5. Earwear
1.2.2.6. Others
1.2.3. Wearable Artificial Intelligence (AI) Market By Application
1.2.3.1. Global Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Wearable Artificial Intelligence (AI) Market Revenue Share By Application in 2017
1.2.3.3. Consumer Electronics
1.2.3.4. Enterprise
1.2.3.5. Gaming
1.2.3.6. Others
1.2.4. Wearable Artificial Intelligence (AI) Market by Geography
1.2.4.1. Global Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Wearable Artificial Intelligence (AI) Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Wearable Artificial Intelligence (AI) Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Wearable Artificial Intelligence (AI) Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Wearable Artificial Intelligence (AI) Major Manufacturers in 2017
CHAPTER 4. WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY PRODUCT
4.1. Global Wearable Artificial Intelligence (AI) Revenue By Product
4.2. Fitness Band & Smartwatch
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Head Mounted Display
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Earwear
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Others
4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
CHAPTER 5. WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY APPLICATION
5.1. Global Wearable Artificial Intelligence (AI) Revenue By Application
5.2. Consumer Electronics
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Enterprise
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Gaming
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
CHAPTER 6. NORTH AMERICA WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY COUNTRY
6.1. North America Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Wearable Artificial Intelligence (AI) Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Wearable Artificial Intelligence (AI) Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 7. EUROPE WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY COUNTRY
7.1. Europe Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Wearable Artificial Intelligence (AI) Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY COUNTRY
8.1. Asia-Pacific Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Wearable Artificial Intelligence (AI) Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 9. LATIN AMERICA WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY COUNTRY
9.1. Latin America Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Wearable Artificial Intelligence (AI) Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 10. MIDDLE EAST WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY COUNTRY
10.1. Middle East Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East Wearable Artificial Intelligence (AI) Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 11. AFRICA WEARABLE ARTIFICIAL INTELLIGENCE (AI) MARKET BY COUNTRY
11.1. Africa Wearable Artificial Intelligence (AI) Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Africa Wearable Artificial Intelligence (AI) Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Facebook
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Apple
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Samsung
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Garmin
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Fossil
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Microsoft
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. HTC
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Huawei
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Bragi
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Jabra
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. ANTVR
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Huami
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
12.13. Google
12.13.1. Company Snapshot
12.13.2. Overview
12.13.3. Financial Overview
12.13.4. Product Portfolio
12.13.5. Key Developments
12.13.6. Strategies
12.14. Others
12.14.1. Company Snapshot
12.14.2. Overview
12.14.3. Financial Overview
12.14.4. Product Portfolio
12.14.5. Key Developments
12.14.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
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