How big is the Wearable Sensors Market?

The Wearable Sensors Market size is expected to reach USD 4.36 billion in 2024 and grow at a CAGR of 12.41% to reach USD 7.83 billion by 2029. Read More

What is the current Wearable Sensors Market size?

In 2024, the Wearable Sensors Market size is expected to reach USD 4.36 billion. Read More

Which is the fastest growing region in Wearable Sensors 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 Wearable Sensors Market?

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

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

In 2023, the Wearable Sensors Market size was estimated at USD 3.88 billion. The report covers the Wearable Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wearable Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Wearable Sensors Market - Size, Report & Industry Share

Wearable Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Wearable Sensor Market Analysis and is Segmented by Type (Chemical and Gas, Pressure, Image/Optical, Motion), Application (Health and Wellness, Safety Monitoring, Sports and Fitness), Geography (North America (United States, Canada), Europe (United Kingdom, Germany, France, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Wearable Sensors Industry Overview

The wearable sensors market is competitive with the presence of major players like STMicroelectronics NV, Texas Instruments Incorporated, Infineon Technologies AG, Analog Devices Inc., and InvenSense Inc. (TDK Corporation). Players in the market are adopting strategies such as partnerships, collaborations, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

December 2022 - Analog Devices Inc. collaborated with Oregon Health & Science University (OHSU) to develop a smartwatch that detects key mental health indicators to help address the rising mental health crisis in teens. As per the collaboration on the first and one-of-a-kind project, OHSU would leverage ADI's innovative technology and products for the burgeoning worldwide mental health crisis to save, improve, and enrich human lives.
December 2022 - Panasonic Industries introduced a new member of its famous Grid-Eye sensor family with a 90° lens that provides a broader field of vision (FoV) and reduces the number of sensors needed to cover a given area, enabling people to count and track applications. Grid-Eye 90° will improve systems built to track and count the movement of individuals as well as other applications. Privacy-conscious designers have praised the Grid-Eye family's 64-pixel resolution.