The electronics that is manufactured to be worn on a consumer's body with intelligent operation performing capabilities is termed as wearable AI. Wearable AI consists of intelligent devices such as smart watches, smart earwears, smart eyewear, smart gloves and others. The wearable AI finds application in consumer electronics, healthcare, automotive, military & defense, media & entertainment, and others. Major players such as Samsung, Apple, Sony and others, adopt various strategies to develop and upgrade the technology that booststhe market demand.
The factors such as growth in adoption of AI assistants, increased penetration of AI in the healthcare industry, and advancement of IoT and integration of wireless technology in wearable electronics, drive the market demand. Whereas, short life of smart wearables hampers the market growth. Further, AI assistance for animal and advancement in personal computing are expected to create opportunities for the growth of the market.
The development of various intelligent and advanced wearables for different purposes enhances the market demand. For instance, the new Apple Airpods Pro, offers active noise cancellation for immersive sound, transparency mode to hear what's happening around, they are connected to the iPhone or Apple watch and uses virtual assistant Siri and others to provide various other intelligent features. Also, new developments such as, ODG R-9 at Osterhout Group powered by Qualcomm's Snapdragon 835 SoC, paired with 6GB of RAM, it is one of the most feature packed smart eyewear increases the competition in the market.
The wearable AI market is segmented on the basis of type, application, and region. Based on type, it is divided as smart watch, smart glasses, smart earwear, smart gloves, and others. Based on application, it is categorized as consumer electronics, healthcare, automotive, military & defense, media & entertainment, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the wearable AI market that are analyzed in the report are Amazon.com, Inc., Fitbit, Inc., Garmin Ltd., Google Inc., Huawei Technologies Co. Ltd., International Business Management Corporation (IBM), Motorola Mobility LLC, TomTom International B.V., Samsung Electronics Co. Ltd., and Sony Corporation. The key players adopt various key strategies for market growth such as product launch, product development, collaboration, partnership, and various other.
KEY MARKET SEGMENTS
By Type
- Contact
o Float Switches
o Conductive Level Switches
o Vibrating Forks
o Others
- Non-Contact
o Ultrasonic
o Optical Level
o Microwave
o Laser
By Application
- Point Level Monitoring
o Capacitance
o Optical
o Conductivity
o Vibrating (Tuning Fork)
o Float Switch
- Continuous Level Monitoring
o Ultrasonic
o Radar (Microwave)
By End Use
- Automotive
- Aerospace & Defense
- Energy & Power
- Healthcare
- Industrial
- Others
By Region
- North America
o U.S.
o Mexico
o Canada
- Europe
o UK
o Germany
o Italy
o France
o Rest of Europe
- Asia-Pacific
o China
o Japan
o Australia
o India
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa


Key Market Players
- ABB Ltd.
- AMETEK Inc.
- Emerson Electric Co.
- Endress+Hauser Management AG
- Honeywell International Inc.
- Siemens AG
- Taiwan Semiconductor Manufacturing Company Limited
- TE Connectivity
- Texas Instruments
- Vega Grieshaber Kg