Lucintel’s latest market report analyzed that micro LED in the global smartwatch provides attractive opportunities in personal assistance, wellness, sports, and medical markets. The micro LED in the global smartwatch market is expected to reach $28.66 billion by 2028 with a CAGR of 72.2%. In this market, personal assistance is the largest segment by application.
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Based on application, the micro LED in the global smartwatch market is segmented into personal assistance, wellness, sports, and medical. The personal assistance segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing consumer awareness for smartwatch as a medium for personal assistance, and on-going development to integrate more smart and personalized features.
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The Micro LED in the global Smartwatch Market is marked by the presence of several big and small players. Some of the prominent players offering micro LED in the global smartwatch include Aledia SA, Mikro Mesa, Apple, VueReal, Sony Corporation, Samsung Electronics, X-Celeprint, Nanosys, Oculus VR, Ostendo Technologies, Jade bird display, and LG Display.
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