Global end-user spending on wearable device is expected to amount to about 81.5 billion U.S. dollars in 2021, with forecasts suggesting that the spending will reach more than 90 billion dollars by 2022. Smartwatches, head-mounted displays, and ear-worn devices are the products that lead the growth of the market. The wearables market also includes wristbands, smart clothing, and smart patches.
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End-user spending on wearable devices worldwide from 2019 to 2022
(in billion U.S. dollars)
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Gartner. (January 12, 2021). End-user spending on wearable devices worldwide from 2019 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2025, from https://www.statista.com/statistics/1065284/wearable-devices-worldwide-spending/
Gartner. "End-user spending on wearable devices worldwide from 2019 to 2022 (in billion U.S. dollars)." Chart. January 12, 2021. Statista. Accessed July 05, 2025. https://www.statista.com/statistics/1065284/wearable-devices-worldwide-spending/
Gartner. (2021). End-user spending on wearable devices worldwide from 2019 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2025. https://www.statista.com/statistics/1065284/wearable-devices-worldwide-spending/
Gartner. "End-user Spending on Wearable Devices Worldwide from 2019 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Jan 2021, https://www.statista.com/statistics/1065284/wearable-devices-worldwide-spending/
Gartner, End-user spending on wearable devices worldwide from 2019 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1065284/wearable-devices-worldwide-spending/ (last visited July 05, 2025)
End-user spending on wearable devices worldwide from 2019 to 2022 (in billion U.S. dollars) [Graph], Gartner, January 12, 2021. [Online]. Available: https://www.statista.com/statistics/1065284/wearable-devices-worldwide-spending/
