New York, Oct. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Wearable Fitness Technology Industry” –
1% over the analysis period 2020-2027. Smartwatches, one of the segments analyzed in the report, is projected to record a 14.7% CAGR and reach US$9.8 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 14.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 12.5% CAGR
The Wearable Fitness Technology market in the U.S. is estimated at US$3.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 12.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 11% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.
Smartshoes Segment to Record 11.3% CAGR
In the global Smartshoes segment, USA, Canada, Japan, China and Europe will drive the 11.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$3.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 33 Featured) –
Adidas AG
Apple Inc.
Fitbit Inc.
Garmin Ltd.
Jawbone Inc.
LG Electronics Inc.
Nike Inc.
Pebble Technology Corp.
Qualcomm Inc.
Samsung Electronics Co. Ltd.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Wearable Fitness Technology – Global Key Competitors Percentage
Market Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 2: World 7-Year Perspective for Wearable Fitness
Technology by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets for Years 2021 & 2027
Table 3: World Recent Past, Current & Future Analysis for
Smartwatches by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 4: World 7-Year Perspective for Smartwatches by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 5: World Recent Past, Current & Future Analysis for
Wristbands by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 6: World 7-Year Perspective for Wristbands by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for
Smartshoes by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 8: World 7-Year Perspective for Smartshoes by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2021 & 2027
Table 9: World Recent Past, Current & Future Analysis for Smart
Shirts / Jackets by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 10: World 7-Year Perspective for Smart Shirts / Jackets
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 11: World Recent Past, Current & Future Analysis for
Headbands / Smartcaps by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 12: World 7-Year Perspective for Headbands / Smartcaps by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 13: World Recent Past, Current & Future Analysis for
Other Types by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 14: World 7-Year Perspective for Other Types by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 15: World Wearable Fitness Technology Market Analysis of
Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in the United States for 2022
(E)
Table 16: USA Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 17: USA 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
CANADA
Table 18: Canada Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 19: Canada 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
JAPAN
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Japan for 2022 (E)
Table 20: Japan Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 21: Japan 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
CHINA
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in China for 2022 (E)
Table 22: China Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 23: China 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
EUROPE
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Europe for 2022 (E)
Table 24: Europe Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Geographic Region – France,
Germany, Italy, UK and Rest of Europe Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 25: Europe 7-Year Perspective for Wearable Fitness
Technology by Geographic Region – Percentage Breakdown of Value
Sales for France, Germany, Italy, UK and Rest of Europe Markets
for Years 2021 & 2027
Table 26: Europe Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 27: Europe 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
FRANCE
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in France for 2022 (E)
Table 28: France Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 29: France 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
GERMANY
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Germany for 2022 (E)
Table 30: Germany Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 31: Germany 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
ITALY
Table 32: Italy Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 33: Italy 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
UNITED KINGDOM
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in the United Kingdom for 2022
(E)
Table 34: UK Recent Past, Current & Future Analysis for
Wearable Fitness Technology by Type – Smartwatches, Wristbands,
Smartshoes, Smart Shirts / Jackets, Headbands / Smartcaps and
Other Types – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 35: UK 7-Year Perspective for Wearable Fitness Technology
by Type – Percentage Breakdown of Value Sales for Smartwatches,
Wristbands, Smartshoes, Smart Shirts / Jackets, Headbands /
Smartcaps and Other Types for the Years 2021 & 2027
REST OF EUROPE
Table 36: Rest of Europe Recent Past, Current & Future Analysis
for Wearable Fitness Technology by Type – Smartwatches,
Wristbands, Smartshoes, Smart Shirts / Jackets, Headbands /
Smartcaps and Other Types – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 37: Rest of Europe 7-Year Perspective for Wearable
Fitness Technology by Type – Percentage Breakdown of Value
Sales for Smartwatches, Wristbands, Smartshoes, Smart Shirts /
Jackets, Headbands / Smartcaps and Other Types for the Years
2021 & 2027
ASIA-PACIFIC
Wearable Fitness Technology Market Presence – Strong/Active/
Niche/Trivial – Key Competitors in Asia-Pacific for 2022 (E)
Table 38: Asia-Pacific Recent Past, Current & Future Analysis
for Wearable Fitness Technology by Type – Smartwatches,
Wristbands, Smartshoes, Smart Shirts / Jackets, Headbands /
Smartcaps and Other Types – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 39: Asia-Pacific 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
REST OF WORLD
Table 40: Rest of World Recent Past, Current & Future Analysis
for Wearable Fitness Technology by Type – Smartwatches,
Wristbands, Smartshoes, Smart Shirts / Jackets, Headbands /
Smartcaps and Other Types – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 41: Rest of World 7-Year Perspective for Wearable Fitness
Technology by Type – Percentage Breakdown of Value Sales for
Smartwatches, Wristbands, Smartshoes, Smart Shirts / Jackets,
Headbands / Smartcaps and Other Types for the Years 2021 & 2027
IV. COMPETITION
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