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Fitness Bands - Global Market Trajectory & Analytics

  • ID: 5029724
  • Report
  • July 2020
  • Region: Global
  • 114 pages
  • Global Industry Analysts, Inc
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Global Fitness Bands Market to Reach US$115.1 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Fitness Bands estimated at US$33.3 Billion in the year 2020, is projected to reach a revised size of US$115.1 Billion by 2027, growing at a CAGR of 19.4% over the analysis period 2020-2027.Fitness Bands, one of the segments analyzed in the report, is projected to grow at a 23.1% CAGR to reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smartwatch segment is readjusted to a revised 19.3% CAGR for the next 7-year period. This segment currently accounts for a 94.2% share of the global Fitness Bands market.

The U. S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 18.6% CAGR for the Period of 2020-2027

The Fitness Bands market in the U. S. is estimated at US$9.9 Billion in the year 2020. The country currently accounts for a 29.65% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$19.8 Billion in the year 2027 trailing a CAGR of 18.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.3% and 16.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR while Rest of European market (as defined in the study) will reach US$19.8 Billion by the year 2027.

Other Segments Segment Corners a 1.8% Share in 2020

In the global Other Segments segment, USA, Canada, Japan, China and Europe will drive the 15.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$492.4 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14 Billion by the year 2027.The publisher brings years of research experience to this 9th edition of our report. The 114-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Fitbit, Inc.
  • Garmin Ltd.
  • Healbe Corp.
  • iFit
  • iHealth Lab, Inc.
  • Jawbone
  • Jaybird
  • Misfit, Inc.
  • Movable
  • Nautilus, Inc.
  • Polar Electro Oy
  • Runtastic GmbH
  • Xiaomi, Inc.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Fitness Bands Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Fitness Bands Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Fitness Bands Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Fitness Bands (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Fitness Bands (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Smartwatch (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Smartwatch (Segment) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Other Segments (Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Other Segments (Segment) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Fitness Bands Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 9: United States Fitness Bands Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 10: United States Fitness Bands Market Share Breakdown by Segment: 2020 VS 2027

CANADA

TABLE 11: Canadian Fitness Bands Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 12: Fitness Bands Market in Canada: Percentage Share Breakdown of Sales by Segment for 2020 and 2027

JAPAN

TABLE 13: Japanese Market for Fitness Bands: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 14: Japanese Fitness Bands Market Share Analysis by Segment: 2020 VS 2027

CHINA

TABLE 15: Chinese Fitness Bands Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 16: Chinese Fitness Bands Market by Segment: Percentage Breakdown of Sales for 2020 and 2027

EUROPE

Market Facts & Figures

European Fitness Bands Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 17: European Fitness Bands Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 18: European Fitness Bands Market Share Shift by Region/Country: 2020 VS 2027
TABLE 19: European Fitness Bands Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 20: European Fitness Bands Market Share Breakdown by Segment: 2020 VS 2027

FRANCE

TABLE 21: Fitness Bands Market in France by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 22: French Fitness Bands Market Share Analysis by Segment: 2020 VS 2027

GERMANY

TABLE 23: Fitness Bands Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 24: German Fitness Bands Market Share Breakdown by Segment: 2020 VS 2027

ITALY

TABLE 25: Italian Fitness Bands Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 26: Italian Fitness Bands Market by Segment: Percentage Breakdown of Sales for 2020 and 2027

UNITED KINGDOM

TABLE 27: United Kingdom Market for Fitness Bands: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 28: United Kingdom Fitness Bands Market Share Analysis by Segment: 2020 VS 2027

REST OF EUROPE

TABLE 29: Rest of Europe Fitness Bands Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 30: Rest of Europe Fitness Bands Market Share Breakdown by Segment: 2020 VS 2027

ASIA-PACIFIC

TABLE 31: Fitness Bands Market in Asia-Pacific by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: Asia-Pacific Fitness Bands Market Share Analysis by Segment: 2020 VS 2027

REST OF WORLD

TABLE 33: Rest of World Fitness Bands Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 34: Fitness Bands Market in Rest of World: Percentage Share Breakdown of Sales by Segment for 2020 and 2027

IV. COMPETITION

Total Companies Profiled: 46

Note: Product cover images may vary from those shown
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