Wearable Sensors market was valued at US$ 1,728.2 million in 2023 and is poised to grow at a CAGR of 18.2% from 2024 to 2030. Wearable Sensors are sensors that are directly attached to human skin or clothes for gathering biological signals with the purpose of personal healthcare. Flexible thin films of MNPs are deposited on the proper substrates for temperature and pressure control as the health signals. Factors such as rising health awareness, ongoing advancements in sensor technologies, power efficiency, integration with smart devices and IoT, and healthcare and medical applications are anticipated to drive the wearable sensors market over the forecast period. Furthermore, wearable sensors are vital to wearable devices owing to customers' rising interest in stalking real-time motion-sensing activities, like step counting and walking distance covered. Operators can describe their objectives for fitness and health with the precise results provided by analyzing the produced data. Wearable technology completely relies on sensors to monitor consumers' health and data and helps make meaningful decisions. With evolving sensor technology, wearables are becoming smart and gaining popularity among consumers.
The collaboration between the healthcare sector and the market players is anticipated to robust the wearable sensors market in the forecast period. Additionally, increasing adaptation of wearable technologies, corporate wellness programs, the aging population, and healthcare trends create opportunities for the wearable sensors market in the forecast period. However, the high cost of wearable sensors & involves ongoing charging, and sometimes they may not be accurate, regulatory compliance, interoperability, and standards remain significant barriers that hinder the demand for the growth of the wearable sensors market in the forecast period.
Study Period
2024 - 2030Base Year
2023CAGR
18.2%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
The increasing demand for smarter, smaller, and cheaper sensors in developed and emerging countries is a key factor surge of the Wearable Sensors market over the forecast years. Moreover, investing in consumer electronic products is as well fuelling the growth of wearable devices. Additionally, the growing population's combined urbanization and altering lifestyle have raised its health and safety awareness. This has been the key factor stimulating the evolution of wearable devices, like smart watches, tracers, and ear wear. With the un-ending miniaturization of sensors and related components, the upsurge of the advanced function sensors in smart wearables, the enhancement in the battery sizes, and efficiency are the key drivers bolstering the wearable sensors market.
Report Benchmarks |
Details |
Report Study Period |
2024 - 2030 |
Market Size in 2023 |
US$ 1,728.2 million |
Market CAGR |
18.2% |
By Type |
|
By Device |
|
By Vertical |
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The global wearable sensors market size was valued at US$ 1,728.2 million in 2023 and is projected to grow at a CAGR of 18.2% from 2024 to 2030.
Force & pressure type dominates the wearable sensors market.
Consumer vertical dominates the wearable sensors market.
InvenSense, Inc. (U.S.), Panasonic Corporation (Japan), Robert Bosch GmbH (Germany), STMicroelectronics (Switzerland), Texas Instruments Incorporated (U.S.), KIONIX, INC. (ROHM Co., Ltd.) (U.S.), Measurement Specialties, Inc. (U.S.), Analog Devices, Inc. (U.S.), ZOLL Medical Corporation (Asahi Kasei Corporation) (U.S.), Freescale Semiconductor, Inc. (U.S.), Infineon Technologies AG (Germany) are some leading players in the market.
Historic years considered for the market study are 2019 through 2023, 2023 is considered as the base year for market estimation and ten years forecast presented from 2024 – 2030.
1. Executive Summary |
2. Global Wearable Sensors Market Introduction |
2.1. Global Wearable Sensors Market Taxonomy |
2.2. Global Wearable Sensors Market Definitions |
2.2.1. By Type |
2.2.2. By Device |
2.2.3. By Vertical |
3. Global Wearable Sensors Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Wearable Sensors Market Dynamic Factors - Impact Analysis |
3.6. Global Wearable Sensors Market Competition Landscape |
4. Global Wearable Sensors Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Wearable Sensors Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1. Accelerometer |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Gyroscope |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Optical |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Force & pressure |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Inertial sensor |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
5.6. Temperature |
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.6.3. Market Opportunity Analysis |
5.7. Magnetometers |
5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.7.3. Market Opportunity Analysis |
5.8. Medical based sensors |
5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.8.3. Market Opportunity Analysis |
5.9. Others |
5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
5.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.9.3. Market Opportunity Analysis |
6. Global Wearable Sensors Market Forecast, By Device, 2019 - 2023 and Forecast, 2022 2028 (Revenue, USD Mn) |
6.1. Smart Watch |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Fitness band |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Smart glasses |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Smart fabric |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Smart footwear |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Other wearable |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global Wearable Sensors Market Forecast, By Vertical, 2019 - 2023 and Forecast, 2022 2028 (Revenue, USD Mn) |
7.1. Consumer |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Defense |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Healthcare |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Industrial |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Global Wearable Sensors Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia-Pacific |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Latin America |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Middle East and Africa |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Global Wearable Sensors Market - Opportunity Analysis Index, By Type, By Device, Vertical and Region, 2024 - 2030 |
9. North America Wearable SensorsMarketAnalysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Accelerometer |
9.1.2. Gyroscope |
9.1.3. Optical |
9.1.4. Force & pressure |
9.1.5. Inertial sensor |
9.1.6. Temperature |
9.1.7. Magnetometers |
9.1.8. Medical based sensors |
9.1.9. Others |
9.2. Device Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Smart Watch |
9.2.2. Fitness band |
9.2.3. Smart glasses |
9.2.4. Smart fabric |
9.2.5. Smart footwear |
9.2.6. Other wearable |
9.3. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Consumer |
9.3.2. Defense |
9.3.3. Healthcare |
9.3.4. Industrial |
9.3.5. Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
9.4.1. USA |
9.4.2. Canada |
9.5. North America Wearable Sensors Market - Opportunity Analysis Index, By Type, By Device, Vertical and Country, 2024 - 2030 |
9.6. North America Wearable Sensors Market Dynamics Trends |
10. Europe Wearable Sensors Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
10.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Accelerometer |
10.1.2. Gyroscope |
10.1.3. Optical |
10.1.4. Force & pressure |
10.1.5. Inertial sensor |
10.1.6. Temperature |
10.1.7. Magnetometers |
10.1.8. Medical based sensors |
10.1.9. Others |
10.2. Device Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Smart Watch |
10.2.2. Fitness band |
10.2.3. Smart glasses |
10.2.4. Smart fabric |
10.2.5. Smart footwear |
10.2.6. Other wearable |
10.3. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Consumer |
10.3.2. Defense |
10.3.3. Healthcare |
10.3.4. Industrial |
10.3.5. Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Germany |
10.4.2. UK |
10.4.3. France |
10.4.4. Spain |
10.4.5. Italy |
10.4.6. Russia |
10.4.7. Poland |
10.4.8. Rest of Europe |
10.5. Europe Wearable Sensors Market - Opportunity Analysis Index, By Type, By Device, Vertical and Country,2024 - 2030 |
10.6. Europe Wearable Sensors Market Dynamics Trends |
11. Asia-Pacific Wearable Sensors Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Accelerometer |
11.1.2. Gyroscope |
11.1.3. Optical |
11.1.4. Force & pressure |
11.1.5. Inertial sensor |
11.1.6. Temperature |
11.1.7. Magnetometers |
11.1.8. Medical based sensors |
11.1.9. Others |
11.2. Device Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Smart Watch |
11.2.2. Fitness band |
11.2.3. Smart glasses |
11.2.4. Smart fabric |
11.2.5. Smart footwear |
11.2.6. Other wearable |
11.3. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Consumer |
11.3.2. Defense |
11.3.3. Healthcare |
11.3.4. Industrial |
11.3.5. Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Japan |
11.4.2. China |
11.4.3. India |
11.4.4. ASEAN |
11.4.5. Australia & New Zealand |
11.4.6. Rest of Asia-Pacific |
11.5. Asia-Pacific Wearable Sensors Market - Opportunity Analysis Index, By Type, By Device, Vertical and Country,2024 - 2030 |
11.6. Asia-Pacific Wearable Sensors Market Dynamics Trends |
12. Latin America Wearable Sensors Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Accelerometer |
12.1.2. Gyroscope |
12.1.3. Optical |
12.1.4. Force & pressure |
12.1.5. Inertial sensor |
12.1.6. Temperature |
12.1.7. Magnetometers |
12.1.8. Medical based sensors |
12.1.9. Others |
12.2. Device Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Smart Watch |
12.2.2. Fitness band |
12.2.3. Smart glasses |
12.2.4. Smart fabric |
12.2.5. Smart footwear |
12.2.6. Other wearable |
12.3. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Consumer |
12.3.2. Defense |
12.3.3. Healthcare |
12.3.4. Industrial |
12.3.5. Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Brazil |
12.4.2. Mexico |
12.4.3. Argentina |
12.4.4. Rest of Latin America |
12.5. Latin America Wearable Sensors Market - Opportunity Analysis Index, By Type, By Device, Vertical and Country,2024 - 2030 |
12.6. Latin America Wearable Sensors Market Dynamics Trends |
13. Middle East and Africa Wearable Sensors Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) |
13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Accelerometer |
13.1.2. Gyroscope |
13.1.3. Optical |
13.1.4. Force & pressure |
13.1.5. Inertial sensor |
13.1.6. Temperature |
13.1.7. Magnetometers |
13.1.8. Medical based sensors |
13.1.9. Others |
13.2. Device Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Smart Watch |
13.2.2. Fitness band |
13.2.3. Smart glasses |
13.2.4. Smart fabric |
13.2.5. Smart footwear |
13.2.6. Other wearable |
13.3. Vertical Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Consumer |
13.3.2. Defense |
13.3.3. Healthcare |
13.3.4. Industrial |
13.3.5. Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Gulf Cooperation Council (GCC) Countries |
13.4.2. Israel |
13.4.3. South Africa |
13.4.4. Rest of MEA |
13.5. MEA Wearable Sensors Market - Opportunity Analysis Index, By Type, By Device, Vertical and Country,2024 - 2030 |
13.6. MEA Wearable Sensors Market Dynamics Trends |
14. Competition Landscape |
14.1. Strategic Dashboard of Top Market Players |
14.2. Company Profiles (Introduction, Financial Analysis, Device & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
14.2.1. InvenSense, Inc. |
14.2.2. Panasonic Corporation |
14.2.3. Robert Bosch GmbH |
14.2.4. STMicroelectronics |
14.2.5. Texas Instruments Incorporated |
14.2.6. KIONIX, INC. (ROHM Co., Ltd.) |
14.2.7. Measurement Specialties, Inc. |
14.2.8. Analog Devices, Inc. |
14.2.9. ZOLL Medical Corporation (Asahi Kasei Corporation) |
14.2.10. Freescale Semiconductor, Inc. |
14.2.11. Infineon Technologies AG |
15. Research Methodology |
Key Assumptions and Acronyms |
Key Market Players