Europe Wearable Technology Market Size & Outlook
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Europe wearable technology market highlights
- The Europe wearable technology market generated a revenue of USD 21,205.1 million in 2024.
- The market is expected to grow at a CAGR of 14.2% from 2025 to 2030.
- In terms of segment, wrist-wear was the largest revenue generating product in 2024.
- Wrist-Wear is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 21,205.1 million |
| Market revenue in 2030 | USD 48,511.5 million |
| Growth rate | 14.2% (CAGR from 2025 to 2030) |
| Largest segment | Wrist-wear |
| Fastest growing segment | Wrist-Wear |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wrist-Wear, Eye-Wear & Head-Wear, Foot-Wear, Neck-Wear, Body-wear |
| Key market players worldwide | Alphabet Inc Class A, Samsung Electronics Co Ltd, Sony Group Corp, Huawei Technologies, Apple Inc, Xiaomi Corp Class B, Adidas AG, Nike Inc Class B, Fitbit, Garmin Ltd |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.2% of the global wearable technology market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 63,373.7 million by 2030.
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Wearable Technology Market Scope
Wearable Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| Fitbit | View profile | 251-500 | San Francisco, California, United States, North America | http://www.fitbit.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 |
| Xiaomi Corp Class B | View profile | 33627 | Anningzhuang Road, Xiaomi Campus, Haidian District, Beijing, China, People's Republic of | https://www.mi.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Sony Group Corp | View profile | 113000 | 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 | https://www.sony.com |
| Apple Inc | View profile | 161000 | One Apple Park Way, Cupertino, CA, United States, 95014 | https://www.apple.com |
Europe wearable technology 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 wearable technology market will help companies and investors design strategic landscapes.
Wrist-wear was the largest segment with a revenue share of 63.59% in 2024. Horizon Databook has segmented the Europe wearable technology market based on wrist-wear, eye-wear & head-wear, foot-wear, neck-wear, body-wear covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing health issues among individuals and rising awareness about the wearable technology in the region will support the adoption of wearable technology products during the forecast period. The European market has an advanced level of Internet of Things (IoT) solutions adoption.
Countries such as Germany, the U.K., France, Italy, Spain and the Netherlands are leading European IoT adaptors. The increasing IoT adoption on the region bodes well for the demand for wearable technologies in the forecasted timeline.
In developed countries such as U.K rise of at-home workouts owing to the closure of fitness centers last year has paved the way for this incline in the demand for wearable technologies.
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Our clientele includes a mix of wearable technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe wearable technology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wearable technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe wearable technology market size, by country, 2018-2030 (US$M)
Europe Wearable Technology Market Outlook Share, 2024 & 2030 (US$M)
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