Wearable AI Device Market Size, Share, Growth Analysis, By Product type(Smart Watch, Ear Wear, Eye Wear, Other.), By Technology(Wi-Fi, Bluetooth, NFC, ANT+), By Application(Consumer Electronics, Healthcare , Enterprise, Industrial), By Region - Industry Forecast 2024-2031

Wearable AI Device Market size was valued at USD 16.33 billion in 2019 and is poised to grow from USD 21.2 billion in 2023 to USD 221.68 billion by 2031, growing at a CAGR of 29.8% in the forecast period (2024-2031).

As companies have begun to develop more types of wearable devices with powerful sensor technologies that can collect and deliver information about their surroundings, wearable devices have become a more common part of the technology industry. Today's wearable devices' capabilities can be enhanced by AI-enabled technology. It is anticipated that connected devices and AI-enabled technology will increase life expectancy and quality. As the simplest and most convenient tools for collecting health data, monitoring, and interacting with users while on the go, wearables play a significant role in this outlook. Artificial intelligence (AI)-enabled wearable devices are becoming increasingly popular. The fact that people are becoming more concerned about their health is the primary reason these devices have been successful.

Additionally, AI-enabled wearable devices are useful for tracking a person's food intake and portion sizes. AI-enabled wearable devices can also suggest changes that a person should make to improve their fitness level based on this data. The market is experiencing a variety of technological advancements. The use of 5G, biosensors, beacon technology, smart rings, smart implantable, and other similar technologies are just a few examples.

US Wearable AI Device Market  is poised to grow at a sustainable CAGR for the next forecast year.