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Wearable AI Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

06-06-2024 06:48 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Wearable AI Market Size Report Predicts Healthy Growth with

The global wearable AI market is anticipated to grow at a CAGR of 29.8% during the forecast period (2023-2030). Fitness trackers, demonstrated by brands like Fitbit, employ AI to monitor and analyze physical activity, heart rate, and sleep patterns. They also provide personalized fitness recommendations. These wearable devices can even detect potential health issues and send alerts to users or healthcare professionals. Additionally, smartwatches with AI integration offer voice-activated assistance, answer questions, set reminders, and control smart home devices. They continuously monitor health metrics and offer insights on stress levels and activity patterns.

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Furthermore, augmented reality (AR) glasses enhance navigation by overlaying directions and information, and they provide remote assistance. The growth of this market can be attributed to advancements in AI and sensor technology. As technology continually evolves, it paves the way for the creation of more diverse and functional wearable devices, such as the Humane Ai Pin. This innovative device leverages AI and sensor technology to provide a wide range of features and capabilities that enhance the user experience and simplify everyday tasks. Consequently, market players are introducing new products to meet the demand for AI-powered software. For instance, in June 2023, Humane, Inc. unveiled the Ai Pin Humane, a novel standalone gadget. The Humane Ai Pin utilizes AI-powered software to deliver cutting-edge personal computing experiences. It incorporates various sensors throughout its connected and intelligent wearable design, which is attached to clothing, enabling contextual and ambient computing interactions.

Global Wearable AI Market Report Segment

By Product

• Smart Watch
• Ear Wear
• Eye Wear
• Others (Fitness Trackers, Smart Clothing, Accessories, Footwear)

By Component

• Display Processor
• Power Management
• Connectivity IC Memory/Storage
• Sensors Use Interface (UI)

By Operation

• On-Device AI
• Cloud-Based AI

By Application

• Consumer Electronics
• Enterprise & Industrial Healthcare
• Others (Retail, Agriculture, Construction, Military & Defense)

A full report of Wearable AI Market available @ https://www.omrglobal.com/industry-reports/wearable-ai-market

Wearable AI Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Apple Inc.
• Bragi
• Fitbit, Inc.
• Garmin Ltd.
• Google LLC
• HTC Corp.
• Huami Corp.
• IBM Corp.
• Jabra, a company of GN Audio A/S
• Microsoft Corp.
• Mobius Knowledge Services P. Ltd.

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2. More than 120 countries are for analysis.
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Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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