The Asia Pacific Wearable AI Market would witness market growth of 21.9% CAGR during the forecast period (2019-2025).
Wearable AI are devices that mostly use wireless networking and AI tools that support users with different applications such as health monitoring, voice command operations, among others. There are a range of portable AI apps, such as smart phones, smart glasses, smart earwear, smart gloves, and others. Factors such as the rise in the adoption of AI assistants, the expanded deployment of AI in the healthcare sector and the development of IoT and the introduction of wireless technologies into wearable electronic devices are driving market growth. However, the short life of smart wearables hinders the development of the market. Moreover, AI assistance for innovation in personal computing is expected to generate lucrative opportunities during the forecast period of the wearable AI market study.
The massive growth of consumer electronics applications has been witnessed in recent years due to the fact that customers around the world are committed to their health and are able to embrace the technologies in order to stay fit. In fact, AR/VR has gained mainstream adoption in entertainment and multimedia applications. The application of AI in AR/VR technologies provides easy and realistic experience by successfully enhancing high-end graphics. Consumer wearable electronics comprise a range of portable products that are used in a variety of applications, such as health and athletics, entertainment and multimedia, and so on. Such fitness devices target health-conscious consumers. Wearable devices are commonly used for recording activities and personal health goals.
Based on Type, the market is segmented into Smart Watch, Smart Eyewear, Smart Earwear and Others. Based on End User, the market is segmented into Consumer Electronics, Healthcare, Military& Defense, Automotive and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Microsoft Corporation, Sony Corporation, Garmin Ltd., Fitbit, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Amazon.com, Inc., IBM Corporation, and Oracle Corporation.
Scope of the Study
- Smart Watch
- Smart Eyewear
- Smart Earwear
By End User
- Consumer Electronics
- Military & Defense
- South Korea
- Rest of Asia Pacific
- Apple, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Microsoft Corporation
- Sony Corporation
- Garmin Ltd.
- Fitbit, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Amazon.com, Inc.
- IBM Corporation
- Oracle Corporation
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