The Australia Wearables Market size is estimated at USD 3.53 billion in 2024, and is expected to reach USD 6.47 billion by 2029, growing at a CAGR of 12.90% during the forecast period (2024-2029).
Smart wearable devices offer many features, including managing daily tasks, fitness tracking, checking emails, making contactless payments, etc. Hence, the change in consumer lifestyle and rising awareness of advanced technology will influence the growth of this market.
The Australia Wearables Market is very competitive in nature. The market is highly concentrated due to the presence of various small and large players. All the major players in the market are focusing on expanding their consumer base across the world. Some of the significant players in the market are Huawei Technologies Co. Ltd, Oppo, Apple Inc., Samsung Electronics Co. Ltd, Nuheara limited., and many more.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook