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Asia Pacific Wearable Computing Market Size, Share & Industry Trends Analysis Report By Product Type, By Application (Consumer, and Non-Consumer), By Connectivity (Bluetooth, Wi-Fi, 4G/5G, and Others), By Country and Growth Forecast, 2023 - 2030

Published Date : 31-Aug-2023

Pages: 147

Formats: PDF

The Asia Pacific Wearable Computing Market would witness market growth of 20.6% CAGR during the forecast period (2023-2030).

The market for wearable computing is predicted to expand significantly during the coming years. The market is expanding as a result of factors including wearable medical and health device popularity rising along with technological improvements in wearable devices, rising smartwatch and fitness band use, and more. The use of smartwatches & fitness bands among athletes, swimmers, gym goers, runners, and cyclists are growing quickly, which fuels the demand for smartwatches around the region.

Additionally, the sector for wearable computing is anticipated to benefit from increased investment in wearable technologies. The desire for technologically advanced, innovative, and efficient wearable devices from end users is causing the market for wearable devices to expand, which has led to an increase in R&D spending by the number of firms involved in the industry.

The market for wearable computing is being driven by escalating technical developments. Due to the expanding number of technological advancements made by numerous large suppliers, wearable technology is swiftly becoming a prominent technology area. The market is being driven by customers' growing awareness of their health. Due to the increasing trend of health consciousness among the general public nationwide, medical features, including ECG, heart rate fluctuation monitoring, and pulse rate tracking, are rapidly being incorporated into smart wearables. The trends in the wearable sector are accelerating as more companies release fitness devices at affordable prices.

In India, a sizable portion of the population suffers from lifestyle-related illnesses like diabetes and obesity, which have raised the chance of developing cancer. As a result, there is a higher demand for wearable technology. This has increased societal anxiety levels around the early diagnosis of diseases. 90 million persons (20-79) in the IDF South-East Asia region will have diabetes, according to the International Diabetes Federation. It is anticipated that this figure would increase to 113 million by 2030 and to 152 million by 2045. The regional market's growth is predicted to be brought on by these factors.

The China market dominated the Asia Pacific Wearable Computing Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $17,466.1 million by 2030. The Japan market is registering a CAGR of 19.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 21.3% during (2023 - 2030).

Based on Product Type, the market is segmented into Fitness Trackers, Smart Watches, Head Mount Displays, Smart Jewelry, Body-worn Cameras, and Others. Based on Application, the market is segmented into Consumer, and Non-Consumer. Based on Connectivity, the market is segmented into Bluetooth, Wi-Fi, 4G/5G, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Wearable Computing Market is Projected to reach USD 238.2 Billion by 2030, at a CAGR of 19.6%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Apple, Inc., Fossil Group, Inc., Garmin Ltd., Google LLC (Alphabet Inc.), Nike, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Sony Corporation, Sensoria Health Inc, Huawei Technologies Co., Ltd., and Xiaomi Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Product Type

  • Fitness Trackers
  • Smart Watches
  • Head Mount Displays
  • Smart Jewelry
  • Body-worn Cameras
  • Others

By Application

  • Consumer
  • Non-Consumer

By Connectivity

  • Bluetooth
  • Wi-Fi
  • 4G/5G
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Apple, Inc.
  • Fossil Group, Inc.
  • Garmin Ltd.
  • Google LLC (Alphabet Inc.)
  • Nike, Inc.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Sony Corporation
  • Sensoria Health Inc
  • Huawei Technologies Co., Ltd.
  • Xiaomi Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Wearable Computing Market, by Product Type
1.4.2 Asia Pacific Wearable Computing Market, by Application
1.4.3 Asia Pacific Wearable Computing Market, by Connectivity
1.4.4 Asia Pacific Wearable Computing Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jan – 2023, Jul) Leading Players
4.5 Porter’s Five Forces Analysis

Chapter 5. Asia Pacific Wearable Computing Market by Product Type
5.1 Asia Pacific Fitness Trackers Market by Country
5.2 Asia Pacific Smart Watches Market by Country
5.3 Asia Pacific Head Mount Displays Market by Country
5.4 Asia Pacific Smart Jewelry Market by Country
5.5 Asia Pacific Body-worn Cameras Market by Country
5.6 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Wearable Computing Market by Application
6.1 Asia Pacific Consumer Market by Country
6.2 Asia Pacific Non-Consumer Market by Country

Chapter 7. Asia Pacific Wearable Computing Market by Connectivity
7.1 Asia Pacific Bluetooth Market by Country
7.2 Asia Pacific Wi-Fi Market by Country
7.3 Asia Pacific 4G/5G Market by Country
7.4 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific Wearable Computing Market by Country
8.1 China Wearable Computing Market
8.1.1 China Wearable Computing Market by Product Type
8.1.2 China Wearable Computing Market by Application
8.1.3 China Wearable Computing Market by Connectivity
8.2 Japan Wearable Computing Market
8.2.1 Japan Wearable Computing Market by Product Type
8.2.2 Japan Wearable Computing Market by Application
8.2.3 Japan Wearable Computing Market by Connectivity
8.3 India Wearable Computing Market
8.3.1 India Wearable Computing Market by Product Type
8.3.2 India Wearable Computing Market by Application
8.3.3 India Wearable Computing Market by Connectivity
8.4 South Korea Wearable Computing Market
8.4.1 South Korea Wearable Computing Market by Product Type
8.4.2 South Korea Wearable Computing Market by Application
8.4.3 South Korea Wearable Computing Market by Connectivity
8.5 Singapore Wearable Computing Market
8.5.1 Singapore Wearable Computing Market by Product Type
8.5.2 Singapore Wearable Computing Market by Application
8.5.3 Singapore Wearable Computing Market by Connectivity
8.6 Malaysia Wearable Computing Market
8.6.1 Malaysia Wearable Computing Market by Product Type
8.6.2 Malaysia Wearable Computing Market by Application
8.6.3 Malaysia Wearable Computing Market by Connectivity
8.7 Rest of Asia Pacific Wearable Computing Market
8.7.1 Rest of Asia Pacific Wearable Computing Market by Product Type
8.7.2 Rest of Asia Pacific Wearable Computing Market by Application
8.7.3 Rest of Asia Pacific Wearable Computing Market by Connectivity

Chapter 9. Company Profiles
9.1 Apple, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Xiaomi Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Garmin Ltd.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Google LLC (Alphabet Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Nike, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 SWOT Analysis
9.6 Samsung Electronics Co., Ltd. (Samsung Group)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Sony Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 SWOT Analysis
9.9 Fossil Group, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.9.6 SWOT Analysis
9.10. Sensoria Health Inc
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 Asia Pacific Wearable Computing Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Wearable Computing Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Wearable Computing Market
TABLE 4 Product Launches And Product Expansions– Wearable Computing Market
TABLE 5 Asia Pacific Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Fitness Trackers Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Fitness Trackers Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Smart Watches Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Smart Watches Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Head Mount Displays Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Head Mount Displays Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Smart Jewelry Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Smart Jewelry Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Body-worn Cameras Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Body-worn Cameras Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Consumer Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Consumer Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Non-Consumer Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Non-Consumer Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Bluetooth Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Bluetooth Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Wi-Fi Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Wi-Fi Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific 4G/5G Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific 4G/5G Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Wearable Computing Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Wearable Computing Market by Country, 2023 - 2030, USD Million
TABLE 37 China Wearable Computing Market, 2019 - 2022, USD Million
TABLE 38 China Wearable Computing Market, 2023 - 2030, USD Million
TABLE 39 China Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 40 China Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 41 China Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 42 China Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 43 China Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 44 China Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 45 Japan Wearable Computing Market, 2019 - 2022, USD Million
TABLE 46 Japan Wearable Computing Market, 2023 - 2030, USD Million
TABLE 47 Japan Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 48 Japan Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 49 Japan Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 50 Japan Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 51 Japan Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 52 Japan Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 53 India Wearable Computing Market, 2019 - 2022, USD Million
TABLE 54 India Wearable Computing Market, 2023 - 2030, USD Million
TABLE 55 India Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 56 India Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 57 India Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 58 India Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 59 India Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 60 India Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 61 South Korea Wearable Computing Market, 2019 - 2022, USD Million
TABLE 62 South Korea Wearable Computing Market, 2023 - 2030, USD Million
TABLE 63 South Korea Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 64 South Korea Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 65 South Korea Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 66 South Korea Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 67 South Korea Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 68 South Korea Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 69 Singapore Wearable Computing Market, 2019 - 2022, USD Million
TABLE 70 Singapore Wearable Computing Market, 2023 - 2030, USD Million
TABLE 71 Singapore Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 72 Singapore Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 73 Singapore Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 74 Singapore Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 75 Singapore Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 76 Singapore Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 77 Malaysia Wearable Computing Market, 2019 - 2022, USD Million
TABLE 78 Malaysia Wearable Computing Market, 2023 - 2030, USD Million
TABLE 79 Malaysia Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 80 Malaysia Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 81 Malaysia Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 82 Malaysia Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 83 Malaysia Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 84 Malaysia Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 85 Rest of Asia Pacific Wearable Computing Market, 2019 - 2022, USD Million
TABLE 86 Rest of Asia Pacific Wearable Computing Market, 2023 - 2030, USD Million
TABLE 87 Rest of Asia Pacific Wearable Computing Market by Product Type, 2019 - 2022, USD Million
TABLE 88 Rest of Asia Pacific Wearable Computing Market by Product Type, 2023 - 2030, USD Million
TABLE 89 Rest of Asia Pacific Wearable Computing Market by Application, 2019 - 2022, USD Million
TABLE 90 Rest of Asia Pacific Wearable Computing Market by Application, 2023 - 2030, USD Million
TABLE 91 Rest of Asia Pacific Wearable Computing Market by Connectivity, 2019 - 2022, USD Million
TABLE 92 Rest of Asia Pacific Wearable Computing Market by Connectivity, 2023 - 2030, USD Million
TABLE 93 Key Information – Apple, Inc.
TABLE 94 Key Information – Xiaomi Corporation
TABLE 95 Key Information – Garmin Ltd.
TABLE 96 Key Information – Google LLC
TABLE 97 Key Information – Nike, Inc.
TABLE 98 Key Information – Samsung Electronics Co., Ltd.
TABLE 99 Key Information – Sony Corporation
TABLE 100 Key Information – Huawei Technologies Co., Ltd.
TABLE 101 Key Information – Fossil Group, Inc.
TABLE 102 Key Information – Sensoria Health Inc

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Wearable Computing Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors wearable computing market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2021, Jan – 2023, Jul) Leading Players
FIG 8 Porter’s Five Forces Analysis – Wearable Computing Market
FIG 9 Asia Pacific Wearable Computing Market share by Product Type, 2022
FIG 10 Asia Pacific Wearable Computing Market share by Product Type, 2030
FIG 11 Asia Pacific Wearable Computing Market by Product Type, 2019 - 2030, USD Million
FIG 12 Asia Pacific Wearable Computing Market share by Application, 2022
FIG 13 Asia Pacific Wearable Computing Market share by Application, 2030
FIG 14 Asia Pacific Wearable Computing Market by Application, 2019 - 2030, USD Million
FIG 15 Asia Pacific Wearable Computing Market share by Connectivity, 2022
FIG 16 Asia Pacific Wearable Computing Market share by Connectivity, 2030
FIG 17 Asia Pacific Wearable Computing Market by Connectivity, 2019 - 2030, USD Million
FIG 18 Asia Pacific Wearable Computing Market share by Country, 2022
FIG 19 Asia Pacific Wearable Computing Market share by Country, 2030
FIG 20 Asia Pacific Wearable Computing Market by Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: Apple, Inc.
FIG 22 SWOT Analysis: Xiaomi Corporation
FIG 23 SWOT Analysis: Garmin Ltd.
FIG 24 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 25 SWOT Analysis: Nike, Inc.
FIG 26 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 27 SWOT Analysis: Sony Corporation
FIG 28 SWOT Analysis: Huawei Investment & Holding Co., Ltd
FIG 29 Recent strategies and developments: Fossil Group, Inc.
FIG 30 SWOT Analysis: Fossil Group, Inc.
FIG 31 SWOT Analysis: Sensoria Health Inc

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