A new Counterpoint Research report predicts that consumer wearables will generate more than $1 trillion in cumulative revenue through 2032, with smartwatches and wireless earbuds leading the pack. Here is the breakdown.
Smartwatches and wireless earbuds expected to lead the market
In a report published today, Counterpoint Research says that “the global consumer wearables market is forecast to generate more than $1 trillion in revenues cumulatively between 2026 and 2032”
In its breakdown of consumer wearables, the report forecasts that hearables will account for the largest share of cumulative revenue at roughly $360 billion, followed by smartwatches at $304 billion and smart eyewear at $168 billion.
From the report:
