Coronavirus or COVID-19 impact analysis is included in this report. The study envisage qualitative as well as quantitative market data and follows.
Infographic The Global Wearables Market In 2015 Infographic Wearable Technology Business Infographic
163 Pages Report The wearable fitness technology market was worth USD 577 billion in 2016 and USD 1244 billion by 2022 growing at a CAGR of 137 from 2016 to 2022.
Fitness wearables market growth. The Global Fitness Trackers Market size was valued at 17907 million in 2016 and is expected to reach 62128 million by 2023 registering a CAGR of 196 during the forecast period. Fitness tracker is a device used to record and monitor fitness-related body activities such as steps taken distance walked sleep duration heartbeat monitoring and others. 18 million units in 2019 and is expected to reach 648.
40 million units by 2025 at a CAGR of 19. November 12 2020 1027 AM 5 min read. Increasing demand across various application sectors such as wearable technology for fitness healthcare and security is driving the lucrative growth of the North American wearable sensors market.
Despite 3800 clubs and nearly a million members penetration is only 012. The MarketWatch News Department was not involved in the creation of this content. The smart wearable market was valued at 216.
Based on devices the global wearable technology market is categorized into smart watches fitness and wellness devices smart glasses smart clothing and others. Rapid urbanization changing lifestyle and increasing purchasing power of consumer are anticipated to drive the market in the years to come. As per our research report the size of the Global Fitness Trackers Market predicted to grow at a CAGR of 201 from 2019 to 2024.
Fitness Trackers Market Overview. FRAMINGHAM Mass December 2 2020 The global wearables market grew 351 year over year during the third quarter of 2020 3Q20 with total shipments reaching 125 million units according to new data from the International Data Corporation. The Smart Wearables for Sports and Fitness - Market Development Scenario Study has been added to HTF MI database.
18 million units in 2019 and is expected to reach 648. The industry in India is seeing more premium players enter the market but generally struggles to generate revenue outside of memberships. Fitness Industry Growth Markets Despite the rapid expansion and an influx of investment Asia still has huge potential for growth.
Shipments of smart wearables worldwide million units. CCS Insights report indicates an impressive 22 growth in unit sales for smartwatches and fitness trackers in 2020 with 193 million units sold making it a market of almost 24 billion. Wearables have gained significant traction owing to the boom in the fitness trend across consumers.
The global health club market is worth approximately 967 billion with 210000 clubs and over 184 million members worldwide. The smartwatches devices segment is expected to witness the fastest growth registering a CAGR of 199. In terms of fitness market growth this is an increase of 1 million members since 2019 a slower growth rate than previous years.
Worldwide smart wearable device sales will double by 2022 becoming a 27 billion market with 233 million unit sales. Fitness trackers have become extremely popular and feasible for use among the general population. The global fitness wearables market is anticipated to expand swiftly due to increasing awareness among individuals to track their fitness activities.
40 million units by 2025 at a. Its new global forecast for wearable devices which includes smartwatches fitness trackers augmented and virtual reality headsets and wearable cameras indicates the market is set to grow from 84 million units in 2015 to 245 million units in 2019. The global fitness tracker market size was valued at USD 3041 billion in 2019 and is projected to reach USD 9198 billion by 2027 exhibiting a CAGR of 152 during the forecast period.
According to Cisco Systems the number of connected wearable devices is expected to increase from 593 million in 2018 to 1105 million in 2022The smartwatch category is experiencing a rise owing to additional features like the brand that suits the everyday lifestyle. This Wearable Fitness Tracker market report shows the market growth for various types of products marketed by the most comprehensive companies. Mar 04 2021 Market Insight Reports -- Selbyville Delaware Global Smart Wearables for Sports and Fitness Market.
The regions dominance is due to the push to maintain healthy lifestyles in countries such as the United States and Canada. Thats the word according to industry analyst CCS Insight who state that the. Shipments of Wearable Devices Leap to 125 Million Units Up 351 in the Third Quarter According to IDC.
Smart Wearable Market - Growth Trends Forecasts 2020 - 2025 The smart wearable market was valued at 216.
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U S Fitness App Market Size By Type 2015 2026 Usd Billion Workout Apps Employee Wellness Programs Medication Management
