North America Wearable Sensor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Sensor Type (Accelerometer, Gyroscope, Position Sensor, Motion Sensor, Image Sensor, Pressure & Force Sensor, Touch Sensor, and Others), Application (Smart Wristwear, Smart Glass, Smart Bodywear, and Smart Footwear), and Vertical (Consumer Electronics, Healthcare, and Industrial & Enterprise)

The North America Wearable Sensor market is expected to reach US$ 1,244.11 million by 2028 from US$ 585.77 million in 2021. The North America wearable sensor market is estimated to grow at a CAGR of 11.4% from 2021 to 2028.

Smart wearable devices, such as smartwatches, fitness trackers, VR headsets, smart wristbands, activity trackers, and sports watches, are integrated with advanced technologies such as artificial intelligence (AI) and the Internet of Things (IoT). Users can access their health-related information on their smartphones, tablets, or computers linked to these devices. With the growing consumer awareness, the adoption of smart wearable devices is on the rise in the healthcare sector. Fit bits, smartwatches, and pulse oximeters are wearable systems incorporated with optical sensors to provide real-time patient health tracking solutions.

The photoplethysmography (PPG) sensors that help monitor heart and respiration rates are highly demanded. For instance, several smartwatches with inbuilt PPG sensors were launched in late 2021 by Moto G, Realme, and Apple. The Realme watches have wide-ranging health functions, comprising blood-oxygen-level and top-level PPG heart rate sensors. In October 2020, Mobvoi launched its new PPG sensor-enabled TicWatch Pro 3 smartwatch in India.

According to the International Data Corporation (IDC) report for 2020, wearable device shipments in North America surged by 28.4% in 2020 compared to the previous year. They further grew by 9.9% till the third quarter of 2021. The North America wearable sensor market is expected to grow at a good CAGR during the forecast period.

North America Wearable Sensor Revenue and Forecast to 2028 (US$ million) 

North America Wearable Sensor Market Segmentation

The North America wearable sensor market is analyzed on the basis of sensor type, application, vertical, and country. Based on sensor type, the market is segmented into accelerometer, gyroscope, position sensor, motion sensor, image sensor, pressure and force sensor, touch sensor, and others. The accelerometer segment dominated the market in 2020.

Based on application, the market is segmented into smart wristwear, smart glass, smart bodywear, and smart footwear. The smart wristwear segment led the market in 2020.

Based on vertical, the market is segmented into consumer electronics, healthcare, and industrial and enterprise. The consumer electronics segment dominated the market in 2020.

Based on country, The market is segmented into the US, Mexico, and Canada. In 2020, the US was the leading country market for wearable sensors in the region.

Texas Instruments Incorporated, NXP Semiconductor, Analog Devices Inc, STMicroelectronics, Infineon Technology, Sensirion AG, Robert Bosch GmbH, Panasonic Corporation, TE Connectivity Corporation, and TDK corporation are the leading companies in North America Wearable Sensor market.

1. Texas Instruments Incorporated.
2. NXP Semiconductor.
3. Analog Devices Inc.
4. STMicroelectronics.
5. Infeneon Technology.
6. Sensirion AG.
7. Robert Bosch GmbH.
8. Panasonic Corporatin.
9. TE Connectivity Corporation.
10. TDK corporation.   

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