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North America Wearable AI Market Size, Share & Trends Analysis Report By Operations (On-device AI, and Cloud-based AI), By Type, By Component, By Application, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Jan 31, 2025
Length 133 Pages
SKU # KBV19553962

Description

The North America Wearable AI Market would witness market growth of 27.8% CAGR during the forecast period (2024-2031).

The US market dominated the North America Wearable AI Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $43,636.1 million by 2031. The Canada market is experiencing a CAGR of 29.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 28.9% during (2024 - 2031).

This refers to wearable devices integrated with artificial intelligence (AI) technologies, enabling them to perform advanced functions such as real-time data analysis, personalized recommendations, and autonomous decision-making. These devices, which include smartwatches, fitness trackers, smart glasses, VR headsets, and wearable medical devices, are designed to enhance convenience, improve efficiency, and offer tailored experiences to users.

The notable improvement in wearable device efficiancy brought about by the quick development of AI and machine learning technologies is responsible for the market's growth. By integrating sophisticated algorithms capable of real-time data analysis and decision-making, these devices offer users actionable insights tailored to their needs. This has positioned wearable AI as a cornerstone of modern technology, capable of addressing challenges ranging from health monitoring to productivity optimization.

The region’s advanced healthcare infrastructure and widespread IoT adoption provide fertile ground for their innovation. Countries like the United States, Canada, and Mexico are at the forefront, leveraging wearable technology in healthcare, fitness, industrial applications, and entertainment. The increasing focus on remote healthcare, wellness monitoring, and worker safety is shaping the market landscape, with strong consumer demand and government support bolstering the industry's expansion. Mexico is witnessing a surge in their adoption, largely driven by affordable devices and increasing health awareness. AI-powered health surveillance devices are in high demand due to the increasing prevalence of chronic diseases, including cardiovascular conditions and diabetes. Initiatives like Salud Digital México, which promotes digital tools in healthcare, encourage the adoption of wearables for remote patient monitoring. Mexico’s younger population also embraces fitness-focused wearables, including budget-friendly options like Xiaomi Mi Bands. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Operations, the market is segmented into On-device AI, and Cloud-based AI. Based on Type, the market is segmented into Smartwatches, Smart Earwear, Smart Eyewear, and Other Type. Based on Component, the market is segmented into Sensors, Connectivity IC, and Processor. Based on Application, the market is segmented into Consumer Electronics, Healthcare, Automotive, Military & Defense, Media & Entertainment, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Apple, Inc.
  • Sony Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Microsoft Corporation
  • Garmin Ltd.
  • Fitbit, Inc. (Google LLC)
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • IBM Corporation
  • Oracle Corporation
North America Wearable AI Market Report Segmentation

By Operations
  • On-device AI
  • Cloud-based AI
By Type
  • Smartwatches
  • Smart Earwear
  • Smart Eyewear
  • Other Type
By Component
  • Sensors
  • Connectivity IC
  • Processor
By Application
  • Consumer Electronics
  • Healthcare
  • Automotive
  • Military & Defense
  • Media & Entertainment
  • Other Application
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

133 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Wearable AI Market, by Operations
1.4.2 North America Wearable AI Market, by Type
1.4.3 North America Wearable AI Market, by Component
1.4.4 North America Wearable AI Market, by Application
1.4.5 North America Wearable AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Wearable AI Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Wearable AI Market by Operations
5.1 North America On-device AI Market by Region
5.2 North America Cloud-based AI Market by Region
Chapter 6. North America Wearable AI Market by Type
6.1 North America Smartwatches Market by Country
6.2 North America Smart Earwear Market by Country
6.3 North America Smart Eyewear Market by Country
6.4 North America Other Type Market by Country
Chapter 7. North America Wearable AI Market by Component
7.1 North America Sensors Market by Country
7.2 North America Connectivity IC Market by Country
7.3 North America Processor Market by Country
Chapter 8. North America Wearable AI Market by Application
8.1 North America Consumer Electronics Market by Country
8.2 North America Healthcare Market by Country
8.3 North America Automotive Market by Country
8.4 North America Military & Defense Market by Country
8.5 North America Media & Entertainment Market by Country
8.6 North America Other Application Market by Country
Chapter 9. North America Wearable AI Market by Country
9.1 US Wearable AI Market
9.1.1 US Wearable AI Market by Operations
9.1.2 US Wearable AI Market by Type
9.1.3 US Wearable AI Market by Component
9.1.4 US Wearable AI Market by Application
9.2 Canada Wearable AI Market
9.2.1 Canada Wearable AI Market by Operations
9.2.2 Canada Wearable AI Market by Type
9.2.3 Canada Wearable AI Market by Component
9.2.4 Canada Wearable AI Market by Application
9.3 Mexico Wearable AI Market
9.3.1 Mexico Wearable AI Market by Operations
9.3.2 Mexico Wearable AI Market by Type
9.3.3 Mexico Wearable AI Market by Component
9.3.4 Mexico Wearable AI Market by Application
9.4 Rest of North America Wearable AI Market
9.4.1 Rest of North America Wearable AI Market by Operations
9.4.2 Rest of North America Wearable AI Market by Type
9.4.3 Rest of North America Wearable AI Market by Component
9.4.4 Rest of North America Wearable AI Market by Application
Chapter 10. Company Profiles
10.1 Apple, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Sony Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Samsung Electronics Co., Ltd. (Samsung Group)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Microsoft Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Garmin Ltd.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Fitbit, Inc. (Google LLC)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 SWOT Analysis
10.9 IBM Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional & Segmental Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Oracle Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

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