How big is the Global Consumer Smart Wearable Market?

The Global Consumer Smart Wearable Market size is expected to reach 0.50 billion units in 2024 and grow at a CAGR of 19.58% to reach 1.22 billion units by 2029. Read More

What is the current Global Consumer Smart Wearable Market size?

In 2024, the Global Consumer Smart Wearable Market size is expected to reach 0.50 billion units. Read More

Who are the key players in Global Consumer Smart Wearable Market?

Vuzix Corporation, Lenovo, Transcend Information Inc., GoPro Inc. and Sensoria Inc. are the major companies operating in the Global Consumer Smart Wearable Market. Read More

Which is the fastest growing region in Global Consumer Smart Wearable Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Consumer Smart Wearable Market?

In 2024, the Asia-Pacific accounts for the largest market share in Global Consumer Smart Wearable Market. Read More

What years does this Global Consumer Smart Wearable Market cover, and what was the market size in 2023?

In 2023, the Global Consumer Smart Wearable Market size was estimated at 0.42 billion units. The report covers the Global Consumer Smart Wearable Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Consumer Smart Wearable Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global Consumer Smart Wearable Market Share

Statistics for the 2023 & 2024 Global Consumer Smart Wearable market share, created by Mordor Intelligence™ Industry Reports. Global Consumer Smart Wearable share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global Consumer Smart Wearable Industry

The Global Consumer Smart Wearable Market is highly competitive. The market has gained a competitive edge in recent years. Additionally, the players are being taken to gain a competitive edge in this fast-growing market, mainly catering to the demand from the millennial generation population. The companies are introducing new offerings and continuously investing in making partnerships and acquisitions along with product development to increase the market share.

April 2022 - VuzixCorporation signed a distribution agreement with RobotiquesCyborg, a France-based multi-national distributor of high-technology solutions. As a part of the agreement, Vuzixhas received and shipped against an initial USD 300,000 order from the new partner for its smart glasses.
August 2021 - Lenovo and RealWearannounced an international collaboration to bring assisted reality solutions to enterprise customers. The combination of resources and technologies of both companies will enable customers to select, deploy and scale the required extended reality (XR) technologies globally. According to the collaboration, Lenovo has certified the RealWearHMT-1 devices to utilize its ThinkRealityplatform to expand frontline workers' access to optimized, hands-free 2D applications. Further, the company will offer RealWear'sHMT-1 family of assisted reality wearable devices through its international sales network.