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 Attribute | Details |
| No. of Pages | 89 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $10.6 Billion |
| Forecasted Market Value (USD) by 2030 | $29.2 Billion |
| Compound Annual Growth Rate | 13.5% |
| Regions Covered | Global |
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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