Global Smart Wearable Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Smart Wearable Equipment market size was valued at USD 22740 million in 2023 and is forecast to a readjusted size of USD 28640 million by 2030 with a CAGR of 3.3% during review period.
Smart Wearables are some devices that are worn or attached to a user's body while on use. Important features of the device include real-time fitness monitoring, heart-rate monitoring, sleep statistics, counts the amount of calorie burnt and taken, gym training, monitoring and tracking daily activity of a user to provide valuable health insights. This device is used in various sports such as golf, football, basketball, tennis, and skiing and snowboarding, etc.
Global Consumer Smart Wearables key players include Fitbit, Xiaomi, Apple, Garmin, Samsung, etc. Global top five manufacturers hold a share over 50%.
China is the largest market, with a share about 65%, followed by Japan, and North America, both have a share over 10 percent.
In terms of product, Smart Watches is the largest segment, with a share over 40%. And in terms of application, the largest application is Infotainment, followed by Fitness and Wellness.
The Global Info Research report includes an overview of the development of the Smart Wearable Equipment industry chain, the market status of Heart Rate Monitoring (Smart Watches, Smart Diapers), Sleep Statistics (Smart Watches, Smart Diapers), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Smart Wearable Equipment.
Regionally, the report analyzes the Smart Wearable Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Smart Wearable Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Smart Wearable Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Smart Wearable Equipment industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Smart Watches, Smart Diapers).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Smart Wearable Equipment market.
Regional Analysis: The report involves examining the Smart Wearable Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Smart Wearable Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Smart Wearable Equipment:
Company Analysis: Report covers individual Smart Wearable Equipment manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Smart Wearable Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Heart Rate Monitoring, Sleep Statistics).
Technology Analysis: Report covers specific technologies relevant to Smart Wearable Equipment. It assesses the current state, advancements, and potential future developments in Smart Wearable Equipment areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Smart Wearable Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Smart Wearable Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Smart Watches
Smart Diapers
Wristband
Pedometer
Bionic Suit
Other
Market segment by Application
Heart Rate Monitoring
Sleep Statistics
Counting Calories
Monitoring Temperature and Sleep Statistics
Remote Cardiac Monitoring
Monitoring and Tracking Daily Activity
Other
Major players covered
Jawbone
Fitbit
Samsung
Philips
Sproutling
Sentimoto
AngelList
SunFriend Corporation
ChronoCloud Medtech
NeuroSky
Picooc
Andon
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Wearable Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Wearable Equipment, with price, sales, revenue and global market share of Smart Wearable Equipment from 2019 to 2024.
Chapter 3, the Smart Wearable Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Wearable Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Smart Wearable Equipment market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Wearable Equipment.
Chapter 14 and 15, to describe Smart Wearable Equipment sales channel, distributors, customers, research findings and conclusion.