Smart Fitness Market, By Component (Smart Accessories (Smart Watches, Smart Bands, Activity Trackers, Heart Rate Monitors, Pedometer, Sleep Quality Monitor), Cardio Vascular Equipment (Treadmills, Bicycles, Riders, Others), Strength Equipment (Weight Training, Power Racks, Resistance Machines), Cross-Training Equipment (Stretching, Motion Trail, All in One)), By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Smart fitness is all about making our lives easier and our workouts fun, while helping us shed some pounds or look better. Smart fitness watches enable us to get fit by just learning a few easy steps. Smart watches can track all of your exercise routines, and they can even help you get in shape on the go. The most advanced smart fitness watch will provide you with tons of information and keep track of all your activity - including your heart rate, calories burned and miles covered - so that you can always find new ways to improve your fitness. Smart fitness monitors can even help any health-minded individual get a concrete, measurable metric for any goal.
Market Dynamics:
Launch of new products and solutions is expected to propel growth of the global smart fitness market. For instance, in October 2021, Garmin International, Inc. launched the Dexcom Connect IQ apps, providing people with Type 1 and Type 2 diabetes who use the Dexcom G6 Continuous Glucose Monitor (CGM) System.
Major players operating in the global smart fitness market are focused on adopting partnership and collaboration strategies to enhance their market share. For instance, in October 2021, Samsung Electronics collaborated Kitsuné, a lifestyle brand, on two new special-edition wearables — the Galaxy Watch4 Maison Kitsuné Edition and the Galaxy Buds2 Maison Kitsuné Edition.
Key features of the study:
This report provides in-depth analysis of the global smart fitness market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart fitness market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Fitbit Incorporation, Garmin International, Pebble Incorporation, Xiaomi, Samsung Electronics, NIKE Incorporation, Shanda Group, and Sony Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart fitness market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart fitness market
Detailed Segmentation:
Global Smart Fitness Market, by Component:
Smart Accessories
Smart Watches
Smart Bands
Activity Trackers
Heart Rate Monitors
Pedometer
Sleep Quality Monitor
Cardio Vascular Equipment
Treadmills
Bicycles
Riders
Others
Strength Equipment
Weight Training
Power Racks
Resistance Machines
Cross-Training Equipment
Stretching
Motion Trail
All in One
Global Smart Fitness Market, by Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Fitbit Incorporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Garmin International
Pebble Incorporation
Xiaomi
Samsung Electronics
NIKE Incorporation
Shanda Group
Sony Corporation
*Browse all the market data tables and figures on “Global Smart Fitness Market- Forecast to 2028”
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