Wearable Technology Market, By Application Type (Fitness and Wellness, Infotainment, Healthcare and Medical, Industrial and Military),By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI4771

Pages :170

Formats :

Excel and PDF

Industry : Smart Technologies

Regional Analysis

Global Wearable Technology Market: Regional Insights

North America dominated the global industry in 2022 and accounted for the maximum share of 33.80 % of the overall revenue followed by the Asia Pacific and Europe regions. High technology adoption and the ease with which newly released items are made available have been major growth drivers for the regional market. Devices that promote health, facilitate preventive treatment and help manage ongoing ailments are in greater demand in the region. In Oct 2020 According to the National Library of Medicine, 30% of Americans use wearable medical technology. The Asia Pacific region is expected to register the fastest growth rate from 2022 to 2030.

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East: GCC Countries, Israel, and Rest of Middle East
Africa: South Africa, North Africa, and Central Africa