Global Smart Wearable Fitness And Sports Devices And Services Market 2024-2028
The smart wearable fitness and sports devices and services market is forecasted to grow by USD 89.32 bn during 2023-2028, accelerating at a CAGR of 14.91% during the forecast period. The report on the smart wearable fitness and sports devices and services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing awareness about benefits of healthy lifestyle, increasing adoption of smartwatches, and rise in customer interest in sports and sports-related products.
Technavio's smart wearable fitness and sports devices and services market is segmented as below:By ProductSmart wearable fitness devices
Smart wearable sports devices
By Distribution ChannelOnline
Offline
By GeographyNorth America
APAC
Europe
South America
Middle East and Africa
This study identifies the increasing use of smart wearable devices in sports analytics as one of the prime reasons driving the smart wearable fitness and sports devices and services market growth during the next few years. Also, increasing number of m and a and collaborations among vendors in market and new product launches in market will lead to sizable demand in the market.
The report on the smart wearable fitness and sports devices and services market covers the following areas:Smart wearable fitness and sports devices and services market sizing
Smart wearable fitness and sports devices and services market forecast
Smart wearable fitness and sports devices and services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart wearable fitness and sports devices and services market vendors that include Alphabet Inc., Apple Inc., AT and T Inc., BT Group Plc, BTS Bioengineering Corp., Cogent Communications Holdings Inc., Cool Shirt Systems, Crossbeats, Garmin Ltd., Hexoskin, Logitech International SA, Nexxbase Marketing Pvt. Ltd., Nike Inc., Samsung Electronics Co. Ltd., Shot Tracker, Sony Group Corp., SUUNTO, Telefonica SA, Weartrons Labs, and XeNSR. Also, the smart wearable fitness and sports devices and services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.