Dublin, Jan. 16, 2025 (GLOBE NEWSWIRE) -- The "Fitness Tracker Market Size, Share & Trends Analysis Report By Type, By Application, By Wearing Type, By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global fitness tracker market size is estimated to reach USD 162.8 billion by 2030, registering to grow at a CAGR of 18.0% from 2025 to 2030.
The increasing prevalence of chronic diseases such as obesity, diabetes and heart diseases is one of the major drivers of the fitness tracker market. According to World Health Organization (WHO), approximately more than 1 billion people in the world are obese, and they estimate that by 2050, the number of less healthy people would increase up to 167million.
The pandemic of COVID-19 impacted the market positively. It has led to awareness with respect to health and fitness, thereby resulting in an increase in the adoption of fitness trackers. Furthermore, the market players had introduced specific tracking indications during the pandemic to capture the growing market demand and changing consumer requirements. For instance, Fitbit, Inc., in 2020, launched Sense with ECG monitor, SpO2 level monitor and stress management features for catering to the growing demand.
Fitness Tracker Market Report Highlights
- The smartwatch segment accounted for the largest revenue share of 48.5% in 2024. Modern smartwatches have advanced sensors, including gyroscopes, accelerometers, GPS, electrocardiogram (ECG) capabilities, and heart rate monitors.
- In 2024, the online distribution channel segment dominated the global market with a share of 65.1%.
- In 2024, North America held the highest revenue share of 41.7% owing to the rise in awareness and adoption of fitness trackers.
- Asia Pacific, on the other hand, is anticipated to have the highest rate of growth in the regional market from 2025 to 2030 as a result of the high adoption of fitness trackers in the working-class population.
- The running application segment held the maximum revenue share of 22.8% in 2024. High competition and consumer preferences have led to the availability of most of these applications in the majority of fitness tracking.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
Key Attributes:
Report Attribute | Details |
No. of Pages | 150 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $60.9 billion |
Forecasted Market Value (USD) by 2030 | $162.8 billion |
Compound Annual Growth Rate | 18.0% |
Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Fitness Tracker Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.3. Fitness Tracker: Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTLE Analysis
Chapter 4. Fitness Tracker Market Segment Analysis, By Type, 2018 - 2030 (USD Million)
4.1. Definition and Scope
4.2. Type Market Share Analysis, 2024 & 2030
4.3. Segment Dashboard
4.4. Global Fitness Tracker Market, by Type, 2018 to 2030
4.5. Smart Watches
4.6. Smart Bands
4.7. Smart Clothing
4.8. Others
Chapter 5. Fitness Tracker Market Segment Analysis, By Application, 2018 - 2030 (USD Million)
5.1. Definition and Scope
5.2. Application Market Share Analysis, 2024 & 2030
5.3. Segment Dashboard
5.4. Global Fitness Tracker Market, by Application, 2018 to 2030
5.5. Heart Rate Tracking
5.6. Sleep Monitoring
5.7. Glucose Monitoring
5.8. Sports
5.9. Running Tracking
5.10. Cycling Tracking
5.11. Others
Chapter 6. Fitness Tracker Market Segment Analysis, By Wearing Type, 2018 - 2030 (USD Million)
6.1. Definition and Scope
6.2. Wearing Type Market Share Analysis, 2024 & 2030
6.3. Segment Dashboard
6.4. Global Fitness Tracker Market, by Wearing Type, 2018 to 2030
6.5. Hand Wear
6.6. Leg Wear
6.7. Head Wear
6.8. Others
Chapter 7. Fitness Tracker Market Segment Analysis, By Distribution Channel, 2018 - 2030 (USD Million)
7.1. Definition and Scope
7.2. Distribution Channel Market Share Analysis, 2024 & 2030
7.3. Segment Dashboard
7.4. Global Fitness Tracker Market, by Distribution Channel, 2018 to 2030
7.5. Online
7.6. Offline
Chapter 8. Fitness Tracker Market Segment Analysis, By Region, 2018- 2030 (USD Million)
8.1. Regional Market Share Analysis, 2024 & 2030
8.2. Regional Market Dashboard
8.3. Regional Market Snapshot
8.4. Fitness Tracker Market Share by Region, 2024 & 2030:
8.5. North America
8.6. Europe
8.7. Asia Pacific
8.8. Latin America
8.9. MEA
Chapter 9. Competitive Landscape
9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Company Categorization
9.3. Company Profiles
- Apple, Inc.
- Google (Fitbit, Inc.)
- Garmin Ltd.
- HYPE
- Samsung
- Fossil Group
- Huawei Technologies Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/w3p2q9
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