Wearable Technology Market to Hit New High of US$ 885.65 Billion By 2033 | Over 180 million Smart Watches Were Shipped in 2024 Says Astute Analytica
Zepp Health Corporation American Depositary Shares (ZEPP)
Company Research
Source: PR Newswire
CHICAGO, March 18, 2025 /PRNewswire/ -- The global wearable technology market was valued at US$ 218.27 billion in 2024 and is expected to reach US$ 885.65 billion by 2033, growing at a CAGR of 16.84% during the forecast period 2025–2033.The wearable technology market has experienced rapid growth, driven by advancements in consumer electronics, healthcare, and fitness applications. In 2024, the market is forecast to record shipments of around 560 million devices, reflecting a significant increase in consumer adoption. Smartwatches and fitness trackers dominate the product landscape, with smartwatches accounting for a substantial portion of shipments, reaching 162.2 million units in 2023. Additionally, earwear has emerged as a leading segment, with shipments expected to reach 350 million units in 2024, driven by the popularity of wireless earbuds and hearing aids. The consumer electronics segment has been particularly influential, representing more than 48.95% of total revenue in 2024,
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News
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- Zepp Health (NYSE:ZEPP) Losses Worsen 64.6% Annually, Undermining Recovery Narratives [Yahoo! Finance]Yahoo! Finance
- Zepp Health GAAP EPS of -$0.10, revenue of $75.8M [Seeking Alpha]Seeking Alpha
- Zepp Health Corporation Reports Third Quarter 2025 Unaudited Financial ResultsPR Newswire
ZEPP
Sec Filings
- 11/14/25 - Form SCHEDULE
- 11/12/25 - Form SCHEDULE
- 11/5/25 - Form 6-K
- ZEPP's page on the SEC website