5 stats on global wearable adoption in emerging markets

India is expected to witness the highest CAGR in the wearable devices market.

Wearable technology market in Brazil is driven by increasing urban populations.

In emerging markets, high costs remain a significant barrier to wearable device adoption.

Approximately 40% of potential wearable device buyers in Africa cite cost as a purchasing barrier.

The wearable technology market is projected to reach USD 231 billion by 2032.