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.
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.
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.
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.
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.
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
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
5.1 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
6.1 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
7.1 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
8.1 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
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
10.1 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
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
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
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
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
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
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
16.2.1 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
16.3.1 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
16.4.1 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
16.5.1 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
16.6.1 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
16.7.1 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
16.8.1 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
16.9.1 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
16.10.1 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