Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Smart Wearable Band Market by Type (Wellness Monitoring, Fitness Management, Social, Others), By Application (Ordinary, The Elderly, Children, The Medical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Smart Wearable Band Market by Type (Wellness Monitoring, Fitness Management, Social, Others), By Application (Ordinary, The Elderly, Children, The Medical) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 149834 3300 Consumer Goods 377 233 Pages 4.8 (42)
                                          

Market Overview:


The global smart wearable band market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fitness and wellness monitoring devices, growing adoption of smart wearable bands by children and elderly population, and rising awareness about the benefits of using these devices. Based on type, the global smart wearable band market is segmented into wellness monitoring, fitness management, social media integration, and other types. The wellness monitoring segment is expected to account for the largest share of the global market in 2018. This can be attributed to increasing demand for health-related information and tracking features among consumers worldwide. Fitness management is another key segment of this market that is anticipated to witness high growth during the forecast period owing to growing awareness about health benefits associated with regular exercise among consumers across all age groups.


Global Smart Wearable Band Industry Outlook


Product Definition:


A smart wearable band is a type of wearable technology that is typically used to track and monitor health and fitness data. This type of technology can include features such as heart rate monitors, pedometers, and sleep trackers. Smart wearable bands are often paired with companion apps that provide users with detailed information about their health and fitness progress.


Wellness Monitoring:


Wellness monitoring is the extension of self-care to track and improve health in real time. It includes tracking heart rate, blood oxygen level, sleep pattern, body temperature and other parameters. Wellness monitoring devices are connected with mobile phones or other devices via Bluetooth or near field communication (NFC). These devices provide information on a smartphone app about the abovementioned parameters along with analysis of daily activities that have been performed by an individual.


Fitness Management:


Fitness management is the application that helps to track and monitor a person's fitness activities. It includes tracking heart rate, calories burnt, distance covered, time spent etc. The smart wearable band plays an important role in this activity as it tracks all these parameters at the same time and displays them on a single platform.


Application Insights:


The ordinary segment dominated the global smart wearable band market in 2017. This can be attributed to the growing adoption of these devices for health monitoring, tracking physical activity and sleep among others. Furthermore, rising demand for advanced fitness management and wellness applications is also expected to drive growth over the forecast period.


The elderly segment is expected to exhibit significant growth during the forecast period owing to increasing geriatric population across various regions coupled with rising awareness regarding healthy lifestyle practices among them. Rising usage of these bands for medical monitoring as well as socializing through e-health services will further boost industry penetration over next seven years.


Fitness management has been gaining traction in recent times owing to its ability not only help individuals achieve their fitness goals but also help them maintain a healthy lifestyle by tracking daily activities such as calories burnt, steps taken.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by key companies and growing adoption of fitness tracking devices among consumers in this region. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income, improving healthcare infrastructure, and increasing awareness about various advanced wearable medical devices such as smart bands.


The European market consists of major countries such as Germany, France, Italy and U.K.


Growth Factors:


  • Increasing demand for fitness and health tracking devices
  • Rising awareness about the benefits of using wearable technology
  • Proliferation of smart wearable bands across different price segments
  • Growing popularity of mobile health apps and services
  • Advances in sensor and connectivity technologies

Scope Of The Report

Report Attributes

Report Details

Report Title

Smart Wearable Band Market Research Report

By Type

Wellness Monitoring, Fitness Management, Social, Others

By Application

Ordinary, The Elderly, Children, The Medical

By Companies

Fitbit, Xiaomi, Garmin, Huawei, Samsung, Fossil, Polar, Guangdong Transtek Medical Electronics Co.,Ltd, Elegiant, Weloop, Veskys, Belutti

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

233

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Smart Wearable Band Market Report Segments:

The global Smart Wearable Band market is segmented on the basis of:

Types

Wellness Monitoring, Fitness Management, Social, 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

Ordinary, The Elderly, Children, The Medical

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:

  1. Fitbit
  2. Xiaomi
  3. Garmin
  4. Huawei
  5. Samsung
  6. Fossil
  7. Polar
  8. Guangdong Transtek Medical Electronics Co.,Ltd
  9. Elegiant
  10. Weloop
  11. Veskys
  12. Belutti

Global Smart Wearable Band Market Overview


Highlights of The Smart Wearable Band Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Wellness Monitoring
    2. Fitness Management
    3. Social
    4. Others
  1. By Application:

    1. Ordinary
    2. The Elderly
    3. Children
    4. The Medical
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Smart Wearable Band 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

Global Smart Wearable Band Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A smart wearable band is a type of wearable device that monitors and collects data from the wearer's body, such as heart rate, steps taken, and calories burned. This information is then used to provide feedback to the wearer on their physical activity levels or nutritional intake.

Some of the key players operating in the smart wearable band market are Fitbit, Xiaomi, Garmin, Huawei, Samsung, Fossil, Polar, Guangdong Transtek Medical Electronics Co.,Ltd, Elegiant, Weloop, Veskys, Belutti.

The smart wearable band market is expected to grow at a compound annual growth rate of 16.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Smart Wearable Band Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Smart Wearable Band Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Smart Wearable Band Market - Supply Chain
   4.5. Global Smart Wearable Band Market Forecast
      4.5.1. Smart Wearable Band Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Smart Wearable Band Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Smart Wearable Band Market Absolute $ Opportunity

5. Global Smart Wearable Band Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Smart Wearable Band Market Size and Volume Forecast by Type
      5.3.1. Wellness Monitoring
      5.3.2. Fitness Management
      5.3.3. Social
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Smart Wearable Band Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Smart Wearable Band Market Size and Volume Forecast by Application
      6.3.1. Ordinary
      6.3.2. The Elderly
      6.3.3. Children
      6.3.4. The Medical
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Smart Wearable Band Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Smart Wearable Band Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Smart Wearable Band Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Smart Wearable Band Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Smart Wearable Band Demand Share Forecast, 2019-2026

9. North America Smart Wearable Band Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Smart Wearable Band Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Smart Wearable Band Market Size and Volume Forecast by Application
      9.4.1. Ordinary
      9.4.2. The Elderly
      9.4.3. Children
      9.4.4. The Medical
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Smart Wearable Band Market Size and Volume Forecast by Type
      9.7.1. Wellness Monitoring
      9.7.2. Fitness Management
      9.7.3. Social
      9.7.4. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Smart Wearable Band Demand Share Forecast, 2019-2026

10. Latin America Smart Wearable Band Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Smart Wearable Band Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Smart Wearable Band Market Size and Volume Forecast by Application
      10.4.1. Ordinary
      10.4.2. The Elderly
      10.4.3. Children
      10.4.4. The Medical
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Smart Wearable Band Market Size and Volume Forecast by Type
      10.7.1. Wellness Monitoring
      10.7.2. Fitness Management
      10.7.3. Social
      10.7.4. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Smart Wearable Band Demand Share Forecast, 2019-2026

11. Europe Smart Wearable Band Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Smart Wearable Band Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Smart Wearable Band Market Size and Volume Forecast by Application
      11.4.1. Ordinary
      11.4.2. The Elderly
      11.4.3. Children
      11.4.4. The Medical
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Smart Wearable Band Market Size and Volume Forecast by Type
      11.7.1. Wellness Monitoring
      11.7.2. Fitness Management
      11.7.3. Social
      11.7.4. Others
   11.8. Basis Point Share (BPS)Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Smart Wearable Band Demand Share, 2019-2026

12. Asia Pacific Smart Wearable Band Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Smart Wearable Band Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Smart Wearable Band Market Size and Volume Forecast by Application
      12.4.1. Ordinary
      12.4.2. The Elderly
      12.4.3. Children
      12.4.4. The Medical
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Smart Wearable Band Market Size and Volume Forecast by Type
      12.7.1. Wellness Monitoring
      12.7.2. Fitness Management
      12.7.3. Social
      12.7.4. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Smart Wearable Band Demand Share, 2019-2026

13. Middle East & Africa Smart Wearable Band Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Smart Wearable Band Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Smart Wearable Band Market Size and Volume Forecast by Application
      13.4.1. Ordinary
      13.4.2. The Elderly
      13.4.3. Children
      13.4.4. The Medical
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Smart Wearable Band Market Size and Volume Forecast by Type
      13.7.1. Wellness Monitoring
      13.7.2. Fitness Management
      13.7.3. Social
      13.7.4. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Smart Wearable Band Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Smart Wearable Band Market: Market Share Analysis
   14.2. Smart Wearable Band Distributors and Customers
   14.3. Smart Wearable Band Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Fitbit
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Xiaomi
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Garmin
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Huawei
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Samsung
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Fossil
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Polar
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Guangdong Transtek Medical Electronics Co.,Ltd
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Elegiant
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Weloop
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Veskys
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Belutti
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us