Global Wearable Fitness Technology Strategic Business Report 2023: Featuring Adidas, Applie, Fitbit and Garmin Among Others


Dublin, Feb. 16, 2023 (GLOBE NEWSWIRE) -- The "Wearable Fitness Technology: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Wearable Fitness Technology estimated at US$10.6 Billion in the year 2022, is projected to reach a revised size of US$29.2 Billion by 2030, growing at a CAGR of 13.5% over the analysis period 2022-2030.

Smartwatches, one of the segments analyzed in the report, is projected to record a 15.1% CAGR and reach US$10 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Wristbands segment is readjusted to a revised 14.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 12.4% CAGR

The Wearable Fitness Technology market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2030 trailing a CAGR of 12.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.5% and 11.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.

Select Competitors (Total 33 Featured) -

  • Adidas AG
  • Apple Inc.
  • Fitbit Inc.
  • Garmin Ltd.
  • Jawbone Inc.
  • LG Electronics Inc.
  • Nike Inc.
  • Pebble Technology Corp.
  • Qualcomm Inc.
  • Samsung Electronics Co. Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages89
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$10.6 Billion
Forecasted Market Value (USD) by 2030$29.2 Billion
Compound Annual Growth Rate13.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Wearable Fitness Technology - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7ycumb-fitness?w=12

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Global Market for Wearable Fitness Technology

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