The global wearable AI market is anticipated to grow at a CAGR of 29.8% during the forecast period. 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)
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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
· Amazon.com, Inc.
· Fitbit LLC
· Garmin Ltd.
· GOQii.
· Huawei Technologies Co. Ltd
· Humane, Inc.
· IBM Corp.
· Motorola Solutions, Inc.
· Samsung Electronics Co., Ltd.
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