Global Smart Fitness Market to Reach $140.3 Billion by 2030
The global market for Smart Fitness estimated at US$54.2 Billion in the year 2022, is projected to reach a revised size of US$140.3 Billion by 2030, growing at a CAGR of 12.6% over the analysis period 2022-2030. Smartwatches, one of the segments analyzed in the report, is projected to record 14.9% CAGR and reach US$76.3 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 11.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $16 Billion, While China is Forecast to Grow at 11.9% CAGR
The Smart Fitness market in the U.S. is estimated at US$16 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$23.9 Billion by the year 2030 trailing a CAGR of 11.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 10.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.1% CAGR.Select Competitors (Total 142 Featured) -
- Apple Inc.
- Fitbit Inc.
- Garmin Ltd.
- Jawbone
- LG Electronics
- MAD Apparel, Inc.
- Nike Inc.
- OMsignal
- Pebble Inc.
- Polar Electro, Inc.
- Samsung Electronics Co., Ltd.
- Shanda Group
- Sony Corporation
- Sony Mobile Communications Inc.
- Under Armour, Inc.
- Xiaomi Inc.
What's New?
- 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apple Inc.
- Fitbit Inc.
- Garmin Ltd.
- Jawbone
- LG Electronics
- MAD Apparel, Inc.
- Nike Inc.
- OMsignal
- Pebble Inc.
- Polar Electro, Inc.
- Samsung Electronics Co., Ltd.
- Shanda Group
- Sony Corporation
- Sony Mobile Communications Inc.
- Under Armour, Inc.
- Xiaomi Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 143 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 54.2 Billion |
Forecasted Market Value ( USD | $ 140.3 Billion |
Compound Annual Growth Rate | 12.6% |
Regions Covered | Global |