Global Wearable Technology Market Set to Surpass $152.82 Bil...

Global Wearable Technology Market Set to Surpass $152.82 Billion by 2029: Trends, Growth Drivers, and Forecast

The Manila times | 2025-08-13 00:22

Delray Beach, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The report "Wearable Technology Market by Product (Smart Watch, Fitness Tracker, AR/VR, Smart Clothing & Footwear, Earwear, Exoskeleton, Smart Glasses, Smart Ring, Smart Helmet), Operation (AI-Based, Conventional), Type (Active, Passive) - Global Forecast to 2029" The global wearable technology market is expected to be valued at USD 70.30 billion in 2024 and is projected to reach USD 152.82 billion by 2029; it is expected to grow at a CAGR of 16.8% from 2024 to 2029. Demand for wearables that integrate all computing requirements in one compact device will fuel the market growth. Adoption of wearables in multiple applications. Data-driven performance optimization in sports through real-time monitoring of athlete metrics is pushing the adoption of wearable technology. Growing integration of AR/VR and affordable designs is providing oppor...

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