Global Wearable Sensors Business Strategy Report 2023: Market to Reach $5.2 Billion by 2030 with Accelerometers Accounting for $1.8 Billion

Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) -- The "Wearable Sensors: Global Strategic Business Report" report has been added to's offering.

Global Wearable Sensors Market to Reach $5.2 Billion by 2030

The global market for Wearable Sensors estimated at US$880 Million in the year 2022, is projected to reach a revised size of US$5.2 Billion by 2030, growing at a CAGR of 24.9% over the analysis period 2022-2030.

Accelerometers, one of the segments analyzed in the report, is projected to record 26.4% CAGR and reach US$1.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Magnetometers segment is readjusted to a revised 19.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $229 Million, While China is Forecast to Grow at 31.2% CAGR

The Wearable Sensors market in the U.S. is estimated at US$229 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 31.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19% and 22.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.7% CAGR.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and the publisher's Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages179
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$880 Million
Forecasted Market Value (USD) by 2030$5200 Million
Compound Annual Growth Rate24.9%
Regions CoveredGlobal


  • Influencer Market Insights
  • World Market Trajectories
  • Wearable Sensors - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession


  • ams AG
  • Analog Devices, Inc.
  • Asahi Kasei Corporation
  • Broadcom Ltd.
  • Infineon Technologies AG
  • InvenSense, Inc.
  • Knowles Electronics, LLC.
  • Mcube, Inc.
  • NXP Semiconductors NV
  • Panasonic Corporation
  • Robert Bosch GmbH
  • Sensirion AG
  • STMicroelectronics NV
  • TE Connectivity Ltd.
  • Texas Instruments, Inc.

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


Global Market for Wearable Sensors