Global Wearable Fitness Technology Market

 

Wearable Fitness Technology consist electronic products that have been designed to be worn by the person so that can keep a track of its heartbeat, footsteps, so that one can keep himself fit and fine and also give a real time information about the health of the overall body. This technology is used to monitor or record fitness related activities such as calories, heart rate, sleep, steps, and others.

Market Drivers

 

Rise in consumer preference towards smart gadgets is the key driving factor which is expected to boost the global wearable fitness technology market growth. Furthermore, rise in demand for wearable fitness and medical devices will positively contribute the market growth.  Also, rise in awareness about fitness and increasing disposable income in developing economies will fuel the market growth during this forecast period. Moreover, continuous technological advancements will drive the market growth. For instance, in May 2020, Fitbit had launched its new wearable 4G-Enabled Smartwatch for children. It has safety tracking features with video calling, and voice calling options. Additionally, increase in demand for connected devices will raise the demand for wearable fitness technology in near future.

 

 

Market Restraints

 

However, power consumption and limited battery life of wearable devices is the major restraining factor which is expected to hinder the global wearable fitness technology market growth. Also, high initial cost and production cost will affect the market growth.

 

Market Segmentation

 

Global Wearable Fitness Technology Market is segmented into product such as Smartwatch, Wristband, Smartshoe, Smart Shirt, Headband, and Others, by component such as  Display, Processor, Memory Chip, Power Management Components, Networking Components, User Interface Components, Sensors, Mechanical Components, and Others, by technology such as Computing Technologies, Display Technologies, Networking Technologies, Positioning Technologies, Sensor Technologies, and Speech Recognition Technologies. Further, market is segmented into activity tracking such as Calories, Steps, Sleep, Heart Rate, and Others.

 

Also, Global Wearable Fitness Technology Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

 

Market Key Players

 

Various key players are discussed in this report such as Fitbit Inc.,  Apple Inc., Xiaomi Technology Co. Ltd., Garmin Ltd., Samsung Electronics Co. Ltd.,  Adidas AG, LG Electronics Inc., Nike Inc., Qualcomm Inc, and Sony Corp.

 

Market Taxonomy

 

By Product

 

  • Smartwatch
  • Wristband
  • Smartshoe
  • Smart Shirt
  • Headband
  • Others

 

By Component

 

  • Display
  • Processor
  • Memory Chip
  • Power Management Components
  • Networking Components
  • User Interface Components
  • Sensors
  • Mechanical Components
  • Others

 

By Technology

 

  • Computing Technologies
  • Display Technologies
  • Networking Technologies
  • Positioning Technologies
  • Sensor Technologies
  • Speech Recognition Technologies

 

By Activity Tracking

 

  • Calories
  • Steps
  • Sleep
  • Heart Rate
  • Others

 

By Region

 

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

 

Key Questions Addressed by the Report

 

  • What are the Key Opportunities in Global Wearable Fitness Technology Market?
  • What will be the growth rate from 2019 to 2030?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?

Global Wearable Fitness Technology Market 

1 Introduction

1.1 Objective of the Study

1.2 Market definition

1.3 Market Scope

 

2 Research Methodology

2.1 Data Mining

2.2 Validation

2.3 Primary Interviews

2.4 List of Data Sources

 

3 Executive Summary

4 Global Wearable Fitness Technology Market Outlook

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.4 Value Chain Analysis

 

5 Global Wearable Fitness Technology Market, By Product

5.1 Y-o-Y Growth Comparison, By Product 

5.2 Global Wearable Fitness Technology Market Share Analysis, By Product 

5.3 Global Wearable Fitness Technology Market Size and Forecast, By Product

5.3.1 Smartwatch

5.3.2Wristwatch

5.3.3.Smartshoe

5.3.4. Smart Shirt

5.3.5. Headband

5.3.6. Others

 

6 Global Wearable Fitness Technology Market, By Component

6.1 Y-o-Y Growth Comparison, By Component

6.2 Global Wearable Fitness Technology Market Share Analysis, By Component

6.3 Global Wearable Fitness Technology Market Size and Forecast, By Component

6.3.1 Display

6.3.2 Processor

6.3.3. Memory Chip

6.3.4. Power Management Components

6.3.5. Networking Components

6.3.6. User interface Components

6.3.7. Sensors

6.3.8. Mechanical Components

6.3.9. Others

 

7 Global Wearable Fitness Technology Market, By Technology

7.1 Y-o-Y Growth Comparison, By Technology

7.2 Global Wearable Fitness Technology Market Share Analysis, By Technology

7.3 Global Wearable Fitness Technology Market Size and Forecast, By Technology

7.3.1 Computing Technologies

7.3.2.  Display Technologies

7.3.3. Positioning Technologies

7.3.4. Sensor Technologies

7.3.5.  Speech Recognition Technologies

 

8 Global Wearable Fitness Technology Market, By Activity Tracking

8.1 Y-o-Y Growth Comparison, By Activity Tracking

8.2 Global Wearable Fitness Technology Market Share Analysis, By Activity Tracking

8.3 Global Wearable Fitness Technology Market Size and Forecast, By Activity Tracking

8.3.1 Calories

8.3.2 Steps

8.3.3 Sleep

8.3.4. Heart Rate

8.3.5. Others

 

9Global Wearable Fitness Technology Market, By Region

9.1 Global Wearable Fitness Technology Market Share Analysis, By Region

9.2 Global Wearable Fitness Technology Market Share Analysis, By Region

9.3 Global Wearable Fitness Technology Market Size and Forecast, By Region

 

10 North America  Wearable Fitness Technology Analysis and Forecast (2020 – 2030)

10.1 Introduction

10.2 North America Wearable Fitness Technology Product Market Share Analysis, By Product

10.3 North America Wearable Fitness Technology Product Market Size and Forecast, By Component

10.4 North America Wearable Fitness Technology Product Market Size and Forecast, By Technology

10.5 North America Wearable Fitness Technology Product Market Size and Forecast, By Activity Tracking

10.6 North America Wearable Fitness Technology Product Market Size and Forecast, By Country

10.6.1 U.S.

10.6.2 Canada

10.6.3 Mexico

 

11Europe Wearable Fitness Technology Market Analysis and Forecast (2020 – 2030)

11.1 Introduction

11.2 Europe Wearable Fitness Technology Product Market Share Analysis, By Product 

11.3 Europe Wearable Fitness Technology Product Market Size and Forecast, By Component 

11.4 Europe Wearable Fitness Technology Product Market Size and Forecast, By Technology

11.5 Europe Wearable Fitness Technology Product Market Size and Forecast, By Activity Tracking

11.6 Europe Wearable Fitness Technology Product Market Size and Forecast, By Country

11.6.1 Germany

11.6.2 France

11.6.3 UK

11.64. Rest of Europe

 

12Asia Pacific Wearable Fitness Technology Market Analysis and Forecast (2020 – 2030)

12.1 Introduction

12.2 Asia Pacific Wearable Fitness Technology Product Market Share Analysis, By Product 

12.3 Asia Pacific Wearable Fitness Technology Product Market Size and Forecast, By Component  

12.4 Asia Pacific Wearable Fitness Technology Product Market Size and Forecast, By Technology

12.5 Asia Pacific Wearable Fitness Technology Product Market Size and Forecast, By Activity Tracking

12.6 Asia Pacific Wearable Fitness Technology Product Market Size and Forecast, By Country

12.6.1 China

12.6.2 Japan

12.6.3 India

12.6.4. Rest of Asia Pacific

 

13Latin America Wearable Fitness Technology Market Analysis and Forecast (2020 – 2030)

13.1 Introduction

13.2 Latin America Wearable Fitness Technology Product Market Share Analysis, By Product 

13.3 Latin America Wearable Fitness Technology Product Market Size and Forecast, By Component 

13.4 Latin America Wearable Fitness Technology Product Market Size and Forecast, By Technology

13.5 Latin America Wearable Fitness Technology Product Market Size and Forecast, By Activity Tracking

13.6 Latin America Wearable Fitness Technology Product Market Size and Forecast, By Country

 

14Middle East Wearable Fitness Technology Market Analysis and Forecast (2020 – 2030)

14.1 Introduction

14.2 Middle East Wearable Fitness Technology Product Market Share Analysis, By Product 

14.3 Middle East Wearable Fitness Technology Product Market Size and Forecast, By Component 

14.4 Middle East Wearable Fitness Technology Product Market Size and Forecast, By Technology

14.5 Middle East Wearable Fitness Technology Product Market Size and Forecast, By Activity Tracking

14.6 Middle East Wearable Fitness Technology Product Market Size and Forecast, By Country

 

15Competitive Analysis

15.1 Competition Dashboard

15.2 Market share Analysis of Top Vendors

15.3 Key Development Strategies

 

16Company Profiles

16.1 Fitbit Inc

16.1.1 Overview

16.1.2 Offerings

16.1.3 Key Financials

16.1.4 Business Segment & Geographic Overview

16.1.5 Key Market Developments

16.1.6 Key Strategies

 

16.2 Apple Inc

16.2.1 Overview

16.2.2 Offerings

16.2.3 Key Financials

16.2.4 Business Segment & Geographic Overview

16.2.5 Key Market Developments

16.2.6 Key Strategies

 

16.3 Xiaomi Technology Co. Ltd

16.3.1 Overview

16.3.2 Offerings

16.3.3 Key Financials

16.3.4 Business Segment & Geographic Overview

16.3.5 Key Market Developments

16.3.6 Key Strategies

 

16.4 Garmin Ltd

16.4.1 Overview

16.4.2 Offerings

16.4.3 Key Financials

16.4.4 Business Segment & Geographic Overview

16.4.5 Key Market Developments

16.4.6 Key Strategies

 

16.5 Samsung Electronics Co. Ltd

16.5.1 Overview

16.5.2 Offerings

16.5.3 Key Financials

16.5.4 Business Segment & Geographic Overview

16.5.5 Key Market Developments

16.5.6 Key Strategies

 

16.6 Adidas AG

16.6.1 Overview

16.6.2 Offerings

16.6.3 Key Financials

16.6.4 Business Segment & Geographic Overview

16.6.5 Key Market Developments

16.6.6 Key Strategies

 

16.7 LG Electronics Inc

16.7.1 Overview

16.7.2 Offerings

16.7.3 Key Financials

16.7.4 Business Segment & Geographic Overview

16.7.5 Key Market Developments

16.7.6 Key Strategies    

 

16.8 Nike Inc

16.8.1 Overview

16.8.2 Offerings

16.8.3 Key Financials

16.8.4 Business Segment & Geographic Overview

16.8.5 Key Market Developments

16.8.6 Key Strategies    

 

16.9 Qualcomm Inc 

16.9.1 Overview

16.9.2 Offerings

16.9.3 Key Financials

16.9.4 Business Segment & Geographic Overview

16.9.5 Key Market Developments

16.9.6 Key Strategies    

 

16.10 Sony Corp

16.10.1 Overview

16.10.2 Offerings

16.10.3 Key Financials

16.10.4 Business Segment & Geographic Overview

16.10.5 Key Market Developments

16.10.6 Key Strategies