Wearable Fitness Technology Market: Qualitative Analysis, Quantitative Analysis, Forecast up to 2030

Wearable fitness technology is computer operated technology which will be worn by a consumer and sometimes contain tracking information associated with health and fitness. This is often a category of devices that are used alongside smartphones for monitoring various health activities on day to day basis to watch pulse, vital sign, daily movement and lots of other health and fitness related tasks. Globally increasing fitness consciousness and increasing life style related health issues are driving demand for such devices. This wearable fitness helps the buyer to trace their footsteps and also display the notification of smartphone. Furthermore, the rising awareness of chronic diseases and obesity have led to the adoption of such wearable devices in order that it can give real time information about the general health of the body. These wearables can deliver information like, cholesterol levels, vital sign, calorie intake and also other information that’s essential by the body for day to day activities.

The wearable fitness technology market is expected to be around USD 14.3 billion by 2025 at a CAGR of 13.5%

The global Wearable Fitness Technology market is segregated on the basis of Component as User Interface Components, Sensors, Mechanical Components, Display, Processor, Memory Chip, Power Management Components, Networking Components, and Others. Based on Technology the global Wearable Fitness Technology market is segmented in Positioning Technologies, Sensor Technologies, Computing Technologies, Display Technlogies, Networking Technologies, and Speech Recognition Technologies. Based on Product the global Wearable Fitness Technology market is segmented in Smart Shirt/Jacket, Headband/Smartcap, Smartwatch, Wristband, Smartshoe, and Others.

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Based on Product Category, the global Wearable Fitness Technology market is segmented in Headwear, Handwear, Torsowear, Legwear, and Others. The report also bifurcates the global Wearable Fitness Technology market based on Software and Services in Services and Software. The report also bifurcates the global Wearable Fitness Technology the global Activity Tracking market is segmented in Calories, Heart Rate, Sleep, Steps, and Others.

The global Wearable Fitness Technology market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Wearable Fitness Technology market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Nike Inc, Qualcomm Inc, Sony Corp, Jawbone Inc, Pebble Technology Corp, Fitbit Inc, Apple Inc, Xiaomi Technology Co. Ltd, Garmin Ltd, Samsung Electronics Co. Ltd, and others are among the major players in the global Wearable Fitness Technology market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.



The Wearable Fitness Technology Market has been segmented as below:



Wearable Fitness Technology Market, By Component

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



Wearable Fitness Technology Market, By Technology

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



Wearable Fitness Technology Market, By Product

Smart Shirt/Jacket
Headband/Smartcap
Smartwatch
Wristband
Smartshoe
Others



Wearable Fitness Technology Market, By Product Category

Headwear
Handwear
Torsowear
Legwear
Others



Wearable Fitness Technology Market, By Software and Services

Services

Personal Coach
Cloud Computing and Data Analytics
Others

Software

Operating System

Android Wear OS
Tizen for Wearable
Pebble OS
Webos
Watchos
Linkit OS
Others

Application



Wearable Fitness Technology Market, By Activity Tracking

Calories
Heart Rate
Sleep
Steps
Others



Wearable Fitness Technology Market, By Region

North America
Europe
Asia-Pacific
Rest of the World



Wearable Fitness Technology Market, By Company

Nike Inc
Qualcomm Inc
Sony Corp
Jawbone Inc
Pebble Technology Corp
Fitbit Inc
Apple Inc
Xiaomi Technology Co. Ltd
Garmin Ltd
Samsung Electronics Co. Ltd



The report covers:

Global Wearable Fitness Technology market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Wearable Fitness Technology market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Wearable Fitness Technology market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players



Report Scope:



The global Wearable Fitness Technology market report scope includes detailed study covering underlying factors influencing the industry trends.



The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.



The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Wearable Fitness Technology market share. Major industry players with significant revenue share include Nike Inc, Qualcomm Inc, Sony Corp, Jawbone Inc, Pebble Technology Corp, Fitbit Inc, Apple Inc, Xiaomi Technology Co. Ltd, Garmin Ltd, Samsung Electronics Co. Ltd, and others.

Reasons to Buy this Report:

Gain detailed insights on the Wearable Fitness Technology industry trends
Find complete analysis on the market status
Identify the Wearable Fitness Technology market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent Developments in Wearable Fitness Technology market are as follows:

Nike Inc

July 07, 2020 – The club’s 2020-21 away kit effortlessly blends an aura of traditional London tailoring with the energy and colors of today’s SW6.
July 14, 2020 – Jordan Brand’s Crater group gives Move to Zero, NIKE, Inc.’s journey to a zero carbon and 0 waste future, an unmistakable Jordan identity.

Apple

June 22, 2020 – Apple declared it will transition the Mac to its world-class custom silicon to deliver industry-leading performance and powerful new technologies.
June 22, 2020- Apple announces macOS Big Sur with a beautiful new design.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

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