Global wrist wearables market projected to double by 2030

One notable driver includes improvements in sensor technology.

The global market for wrist wearables, valued at$52.9b in 2024, is projected to reach $100.8b by 2030 at a compound annual growth rate of 11.3%, according to Research and Markets.

The sector’s expansion is attributed to technological developments, increasing interest in health and fitness, and the wider adoption of digital lifestyle tools.

Moreover, a key driver includes improvements in sensor technology, allowing wearables to measure health metrics such as ECG, blood pressure, and sleep stages with high accuracy.

Advancements in battery life are also enabling wrist wearables to last multiple days on a single charge, enhancing their appeal to users focused on continuous health and fitness tracking.