South Africa Iot Wearable Device Market Size & Outlook
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South Africa iot wearable device market highlights
- The South Africa iot wearable device market generated a revenue of USD 90.3 million in 2024 and is expected to reach USD 285.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 20.8% from 2025 to 2030.
- In terms of segment, sensors was the largest revenue generating component in 2024.
- Processors is the most lucrative component segment registering the fastest growth during the forecast period.
Iot wearable device market data book summary
| Market revenue in 2024 | USD 90.3 million |
| Market revenue in 2030 | USD 285.2 million |
| Growth rate | 20.8% (CAGR from 2025 to 2030) |
| Largest segment | Sensors |
| Fastest growing segment | Processors |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensors, Actuators, Processors, Edge Devices, Others Component |
| Key market players worldwide | Samsung Electronics Co Ltd, Huawei Technologies, Qualcomm Inc, Apple Inc, Garmin Ltd, NXP Semiconductors NV, STMicroelectronics NV, Robert Bosch GmbH, Cisco Systems Inc, Honeywell International Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.1% of the global iot wearable device market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia iot wearable device market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 368.7 million by 2030.
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IoT Wearable Device Market Scope
IoT Wearable Device Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Robert Bosch GmbH | View profile | - | - | - |
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| NXP Semiconductors NV | View profile | 34200 | 60 High Tech Campus, Eindhoven, NB, Netherlands, 5656 AG | https://www.nxp.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Garmin Ltd | View profile | 19900 | Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200 | https://www.garmin.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
South Africa iot wearable device market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot wearable device market will help companies and investors design strategic landscapes.
Sensors was the largest segment with a revenue share of 49.61% in 2024. Horizon Databook has segmented the South Africa iot wearable device market based on sensors, actuators, processors, edge devices, others component covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of iot wearable device market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa iot wearable device market , including forecasts for subscribers. This country databook contains high-level insights into South Africa iot wearable device market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa iot wearable device market size, by component, 2018-2030 (US$M)
South Africa IoT Wearable Device Market Outlook Share, 2024 & 2030 (US$M)
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