South Korea Wearable Electronic Devices Market to 2032
Overview
The South Korea Wearable Electronic Devices Market is expected to reach a 19.54 USD Billion by 2032 and is projected to grow at a CAGR of 43.36% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.07
Forecast, 2032 (USD Billion)
19.54
CAGR, 2024 - 2032
43.36%
Report Coverage
South Korea
South Korea Wearable Electronic Devices Market 2018-2032 USD Billion
South Korea Wearable Electronic Devices Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.07 USD Billion
- Projected Market Size (2032): 19.54 USD Billion
- CAGR (2025-2032): 43.36%
Key Findings of South Korea Wearable Electronic Devices Market
- The South Korea Wearable Electronic Devices Market was valued at 2.07 USD Billion in 2024.
- The South Korea Wearable Electronic Devices Market is likely to grow at a CAGR of 43.36% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Sports and Fitness in Application Segment accounted for the largest share of the market with a revenue of 1.19 USD Billion
- The fastest growing segment Head-Mounted Displays in Type Segment grew Fastest with a CAGR of 54.33% during the forecast period from 2024 to 2032.
South Korea Wearable Electronic Devices Market Scope
South Korea Wearable Electronic Devices Market Segmentation & Scope
Application
- Others
- Automotive
- Automation
- Industrial
- Electronics
- Security and Proximity
- Healthcare
- Sports and Fitness
Type
- Smart Garments
- Wristbands
- Sports Watches
- Head-Mounted Displays
- Ear-Worn Devices (Hearables)
- Smartwatches
South Korea Wearable Electronic Devices Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.07 USD Billion |
| Market Value in 2032 | 19.54 USD Billion |
| CAGR (2025-2032) | 43.36% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 2.07 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 2,066.47 USD Million in 2024.
Segments and Scope
-
South Korea Wearable Electronic Devices Market to 2032, By Application
- Sports and Fitness is the largest segment in South Korea Wearable Electronic Devices Market to 2032 with a revenue of 1.19 USD Billion in the year 2024.
- Healthcare is the Fastest growing segment in South Korea Wearable Electronic Devices Market to 2032 with a Growth rate of 43.05 % in forecast period 2025-2032.
-
South Korea Wearable Electronic Devices Market to 2032, By Type
- Smartwatches is the largest segment in South Korea Wearable Electronic Devices Market to 2032 with a revenue of 952.05 USD Billion in the year 2024.
- Head-Mounted Displays is the Fastest growing segment in South Korea Wearable Electronic Devices Market to 2032 with a Growth rate of 47.85 % in forecast period 2025-2032.
South Korea Wearable Electronic Devices Market Company Share Analysis
| Company Name |
|
||
| SAMSUNG | |||
| Apple Inc. | |||
| Fitbit Inc. | |||
| Huawei Technologies Co., Ltd. | |||
| Xiaomi | |||
South Korea Wearable Electronic Devices Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Wearable Electronic Devices Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Wearable Electronic Devices Market is segmented based on Segmentation Application,Type.
South Korea Wearable Electronic Devices Market was valued at USD 2.07(Revenue in USD Billion) in 2022.
South Korea Wearable Electronic Devices Market is projected to grow at a CAGR of 43.36% during the forecast period of 2024 to 2032.
The Sports and Fitness segment is expected to dominate the South Korea Wearable Electronic Devices Market, holding a largest market share of 1.19 USD Billion in 2024
South Korea Wearable Electronic Devices Market Scope
South Korea Wearable Electronic Devices Market Segmentation & Scope
Application
- Others
- Automotive
- Automation
- Industrial
- Electronics
- Security and Proximity
- Healthcare
- Sports and Fitness
Type
- Smart Garments
- Wristbands
- Sports Watches
- Head-Mounted Displays
- Ear-Worn Devices (Hearables)
- Smartwatches
Frequently Asked Questions
The South Korea Wearable Electronic Devices Market is segmented based on Segmentation Application,Type.
South Korea Wearable Electronic Devices Market was valued at USD 2.07(Revenue in USD Billion) in 2022.
South Korea Wearable Electronic Devices Market is projected to grow at a CAGR of 43.36% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Wearable Electronic Devices Market for final year is USD 19.54 (USD Billion).
South Korea Wearable Electronic Devices Market Company Profiling
Frequently Asked Questions
The South Korea Wearable Electronic Devices Market is segmented based on Segmentation Application,Type.
South Korea Wearable Electronic Devices Market was valued at USD 2.07(Revenue in USD Billion) in 2022.
South Korea Wearable Electronic Devices Market is projected to grow at a CAGR of 43.36% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Wearable Electronic Devices Market for final year is USD 19.54 (USD Billion).
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