The global wearable fitness and sports devices market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing number of people who are becoming health conscious and are willing to invest in their health by using wearable fitness and sports devices. The increasing awareness about the benefits of these devices is also driving the growth of this market.
Smart wearables for fitness and sports applications accounted for more than half (52%) share in 2018, followed by smart wearables for retail applications (27%). Smart wearables for retail applications are expected to grow at a CAGR of 18% during the forecast period, from 2021-2030. This can be attributed to an increase in demand for smart wearables that provide real-time information on products available in stores as well as customer feedback on products they have purchased or tried out before buying them.
Some Of The Growth Factors Of This Market:
- The increasing number of people who are becoming more health conscious and the growing popularity of sports activities are some factors that will drive the growth of this market in the near future.
- The increasing demand for wearable fitness and sports devices from consumers, especially millennials, is another factor that will drive this market's growth in the coming years.
- Wearable fitness and sports devices have been designed to be compatible with smartphones, which has led to an increase in their adoption rate among consumers as well as manufacturers due to its convenience factor.
- Wearable fitness and sports devices have also been designed with features such as GPS tracking, heart rate monitoring, calorie counting etc, which has led them to be used by professional athletes during training sessions.
Industry Growth Insights published a new data on “Wearable Fitness and Sports Devices Market”. The research report is titled “Wearable Fitness and Sports Devices Market research by Types (Smart Wearable Sports Devices, Smart Wearable Fitness Devices), By Applications (Retail Stores, Specialty Stores, Online Stores), By Players/Companies Apple, Google, Samsung, Sony, Garmin, TE Connectivity, Adidas, Nike, Fitbit, Samsung Electronics, LG Electronics, Xiaomi”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Fitness and Sports Devices Market Research Report
By Type
Smart Wearable Sports Devices, Smart Wearable Fitness Devices
By Application
Retail Stores, Specialty Stores, Online Stores
By Companies
Apple, Google, Samsung, Sony, Garmin, TE Connectivity, Adidas, Nike, Fitbit, Samsung Electronics, LG Electronics, Xiaomi
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Fitness and Sports Devices Market Report Segments:
The global Wearable Fitness and Sports Devices market is segmented on the basis of:
Types
Smart Wearable Sports Devices, Smart Wearable Fitness Devices
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
Retail Stores, Specialty Stores, Online Stores
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:
- Apple
- Google
- Samsung
- Sony
- Garmin
- TE Connectivity
- Adidas
- Nike
- Fitbit
- Samsung Electronics
- LG Electronics
- Xiaomi
Highlights of The Wearable Fitness and Sports Devices 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 Wearable Sports Devices
- Smart Wearable Fitness Devices
- By Application:
- Retail Stores
- Specialty Stores
- Online Stores
- 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 Wearable Fitness and Sports Devices 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.
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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?
Wearable fitness and sports devices are wearable technology products that track physical activity, sleep, nutrition, and other health metrics. They can be used to help people achieve their fitness goals or improve their overall health.
Some of the major companies in the wearable fitness and sports devices market are Apple, Google, Samsung, Sony, Garmin, TE Connectivity, Adidas, Nike, Fitbit, Samsung Electronics, LG Electronics, Xiaomi.
The wearable fitness and sports devices market is expected to register a CAGR of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wearable Fitness and Sports Devices 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. Wearable Fitness and Sports Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wearable Fitness and Sports Devices Market - Supply Chain
4.5. Global Wearable Fitness and Sports Devices Market Forecast
4.5.1. Wearable Fitness and Sports Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wearable Fitness and Sports Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wearable Fitness and Sports Devices Market Absolute $ Opportunity
5. Global Wearable Fitness and Sports Devices 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. Wearable Fitness and Sports Devices Market Size and Volume Forecast by Type
5.3.1. Smart Wearable Sports Devices
5.3.2. Smart Wearable Fitness Devices
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wearable Fitness and Sports Devices 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. Wearable Fitness and Sports Devices Market Size and Volume Forecast by Application
6.3.1. Retail Stores
6.3.2. Specialty Stores
6.3.3. Online Stores
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wearable Fitness and Sports Devices 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. Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices 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. Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices Demand Share Forecast, 2019-2026
9. North America Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices Market Size and Volume Forecast by Application
9.4.1. Retail Stores
9.4.2. Specialty Stores
9.4.3. Online Stores
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wearable Fitness and Sports Devices Market Size and Volume Forecast by Type
9.7.1. Smart Wearable Sports Devices
9.7.2. Smart Wearable Fitness Devices
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 Wearable Fitness and Sports Devices Demand Share Forecast, 2019-2026
10. Latin America Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices Market Size and Volume Forecast by Application
10.4.1. Retail Stores
10.4.2. Specialty Stores
10.4.3. Online Stores
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wearable Fitness and Sports Devices Market Size and Volume Forecast by Type
10.7.1. Smart Wearable Sports Devices
10.7.2. Smart Wearable Fitness Devices
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 Wearable Fitness and Sports Devices Demand Share Forecast, 2019-2026
11. Europe Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices Market Size and Volume Forecast by Application
11.4.1. Retail Stores
11.4.2. Specialty Stores
11.4.3. Online Stores
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wearable Fitness and Sports Devices Market Size and Volume Forecast by Type
11.7.1. Smart Wearable Sports Devices
11.7.2. Smart Wearable Fitness Devices
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 Wearable Fitness and Sports Devices Demand Share, 2019-2026
12. Asia Pacific Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices Market Size and Volume Forecast by Application
12.4.1. Retail Stores
12.4.2. Specialty Stores
12.4.3. Online Stores
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wearable Fitness and Sports Devices Market Size and Volume Forecast by Type
12.7.1. Smart Wearable Sports Devices
12.7.2. Smart Wearable Fitness Devices
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 Wearable Fitness and Sports Devices Demand Share, 2019-2026
13. Middle East & Africa Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices 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 Wearable Fitness and Sports Devices Market Size and Volume Forecast by Application
13.4.1. Retail Stores
13.4.2. Specialty Stores
13.4.3. Online Stores
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wearable Fitness and Sports Devices Market Size and Volume Forecast by Type
13.7.1. Smart Wearable Sports Devices
13.7.2. Smart Wearable Fitness Devices
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 Wearable Fitness and Sports Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wearable Fitness and Sports Devices Market: Market Share Analysis
14.2. Wearable Fitness and Sports Devices Distributors and Customers
14.3. Wearable Fitness and Sports Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apple
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Google
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sony
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Garmin
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. TE Connectivity
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Adidas
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nike
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fitbit
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Samsung Electronics
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LG Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Xiaomi
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
