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Consumer Wearables Set To Generate More Than US$1 Trillion By 2032 – Channelnews

Counterpoint said smartwatches and true wireless stereo earbuds will drive more than half of the projected total as AI and health features expand demand.

The global consumer wearables industry is entering a major growth phase, with cumulative revenue forecast to exceed US$1 trillion between 2026 and 2032 as buyers embrace more advanced health features, artificial intelligence and new wearable form factors. According to Counterpoint Research’s Global Consumer IoT Wearables Tracker 2024-2032F, worldwide consumer wearables revenue is expected to increase at a compound annual growth rate of 12 per ce…

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Apple World Today broke the news on Wednesday, August 19, 2026.
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