Market Overview:
The global smart sports accessories market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart watches, wristbands, and sports cameras among athletes and fitness enthusiasts. Additionally, the growing popularity of outdoor activities such as trekking and mountaineering is also contributing to the growth of this market. On the basis of type, the global smart sports accessories market can be segmented into smart watches, wristbands, sports watches, sports cameras, chest straps, and others. Among these segments,smart watches are expected to account for a major share of the global market in terms of revenue duringthe forecast period owingto their high adoption rate among athletesand fitness enthusiasts.
Product Definition:
A Smart Sports Accessory is an electronic device which is used to improve the performance of an athlete. It can be used to track and monitor the athlete's progress, provide real-time feedback, and help optimize their training routine. The importance of a Smart Sports Accessory lies in its ability to help athletes improve their performance through data collection and analysis.
Smart Watch:
Smart watch is a wrist-worn wearable device that provides information on heart rate, distance covered, calories burned and other fitness-related parameters. The smartwatch acts as an extension of the smartphone with which the user can receive calls and messages while he/she is on a run or during any sports activity.
The global smartwatch shipments were estimated to be over 2 million units in 2014.
Smart Wristband:
Smart wristband is a device that can be used in combination with a mobile application to track various health related parameters such as heart rate, sleep pattern, calories burnt and distance covered. The smart wristbands are gaining popularity among the fitness conscious population owing to its ability to provide real-time tracking of all these parameters. Additionally, it also helps in providing personalized feedback regarding the progress towards achieving fitness goals set by the individual.
The global smart wristband.
Application Insights:
The cycling sports application segment led the global smart sports accessories market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to increasing adoption of wearable devices for tracking and improving performance in cycling activities. Moreover, cyclists are preferring fitness apps over traditional training plans as they offer real-time tracking and mapping which helps improve overall performance by avoiding wastage of time and efforts on unnecessary workout routines.
The running sports application segment is expected to witness significant growth during the forecast period owing to rising popularity among athletes for monitoring heart rate, calories burnt, distance covered etc using their smartphone or tablet device while performing daily activities such as walking or running on treadmill at the gymnasiums or home ground.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing popularity of smart devices, such as tablets, smartphones, and wearable technology among sports enthusiasts in U.S., Canada, and Mexico.
The European market was valued at USD X billion in 2017 owing to high demand from countries including Germany, France Italy Spain U-K.
Growth Factors:
- Increasing demand for smart sports accessories from the fitness and health-conscious population
- Rising popularity of wearable technology and its incorporation into sports accessories
- Growing demand for technologically advanced and innovative sports accessories
- Proliferation of online retail platforms that offer a wide range of smart sports accessories at competitive prices
- Increased funding by venture capitalists and other investors in startups that are developing innovative smart sports accessories
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Sports Accessories Market Research Report
By Type
Smart Watch, Smart Wristband, Sports Watch, Sports Camera, Chest Strap, Others
By Application
Cycling, Running sports, Golf, Swimming sports, Trekking and Mountaineering sports, Others
By Companies
Samsung, Sony, Apple, Puma, Fitbit, Polar Electro, Wahoo Fitness, GoPro, Zepp, Samsung
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Smart Sports Accessories Market Report Segments:
The global Smart Sports Accessories market is segmented on the basis of:
Types
Smart Watch, Smart Wristband, Sports Watch, Sports Camera, Chest Strap, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cycling, Running sports, Golf, Swimming sports, Trekking and Mountaineering sports, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Samsung
- Sony
- Apple
- Puma
- Fitbit
- Polar Electro
- Wahoo Fitness
- GoPro
- Zepp
- Samsung
Highlights of The Smart Sports Accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Smart Watch
- Smart Wristband
- Sports Watch
- Sports Camera
- Chest Strap
- Others
- By Application:
- Cycling
- Running sports
- Golf
- Swimming sports
- Trekking and Mountaineering sports
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Sports Accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Sports Accessories is a company that manufactures and sells smartwatches, fitness trackers, and other wearable devices.
Some of the major players in the smart sports accessories market are Samsung, Sony, Apple, Puma, Fitbit, Polar Electro, Wahoo Fitness, GoPro, Zepp, Samsung.
The smart sports accessories market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Sports Accessories Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Sports Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Sports Accessories Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Sports Accessories Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Sports Accessories Market Size & Forecast, 2020-2028
4.5.1 Smart Sports Accessories Market Size and Y-o-Y Growth
4.5.2 Smart Sports Accessories Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Smart Watch
5.2.2 Smart Wristband
5.2.3 Sports Watch
5.2.4 Sports Camera
5.2.5 Chest Strap
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cycling
6.2.2 Running sports
6.2.3 Golf
6.2.4 Swimming sports
6.2.5 Trekking and Mountaineering sports
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Sports Accessories Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Sports Accessories Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Smart Watch
9.6.2 Smart Wristband
9.6.3 Sports Watch
9.6.4 Sports Camera
9.6.5 Chest Strap
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cycling
9.10.2 Running sports
9.10.3 Golf
9.10.4 Swimming sports
9.10.5 Trekking and Mountaineering sports
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Smart Watch
10.6.2 Smart Wristband
10.6.3 Sports Watch
10.6.4 Sports Camera
10.6.5 Chest Strap
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cycling
10.10.2 Running sports
10.10.3 Golf
10.10.4 Swimming sports
10.10.5 Trekking and Mountaineering sports
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Smart Watch
11.6.2 Smart Wristband
11.6.3 Sports Watch
11.6.4 Sports Camera
11.6.5 Chest Strap
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cycling
11.10.2 Running sports
11.10.3 Golf
11.10.4 Swimming sports
11.10.5 Trekking and Mountaineering sports
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Smart Watch
12.6.2 Smart Wristband
12.6.3 Sports Watch
12.6.4 Sports Camera
12.6.5 Chest Strap
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cycling
12.10.2 Running sports
12.10.3 Golf
12.10.4 Swimming sports
12.10.5 Trekking and Mountaineering sports
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Smart Watch
13.6.2 Smart Wristband
13.6.3 Sports Watch
13.6.4 Sports Camera
13.6.5 Chest Strap
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cycling
13.10.2 Running sports
13.10.3 Golf
13.10.4 Swimming sports
13.10.5 Trekking and Mountaineering sports
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Sports Accessories Market: Competitive Dashboard
14.2 Global Smart Sports Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Sony
14.3.3 Apple
14.3.4 Puma
14.3.5 Fitbit
14.3.6 Polar Electro
14.3.7 Wahoo Fitness
14.3.8 GoPro
14.3.9 Zepp
14.3.10 Samsung
