Global Fitness Tracker Market Size & Outlook
The fitness tracker industry worldwide is expected to reach a projected revenue of US$ 138,660.7 million by 2028. A compound annual growth rate of 18.9% is expected of the worldwide fitness tracker industry from 2022 to 2028.
Revenue, 2021 (US$M)
$41,289.8
Forecast, 2028 (US$M)
$138,660.7
CAGR, 2022 - 2028
18.9%
Report Coverage
Worldwide
Global fitness tracker market, 2016-2028 (US$M)
Related Markets
Global fitness tracker market highlights
- The global fitness tracker market generated a revenue of USD 41,289.8 million in 2021 and is expected to reach USD 138,660.7 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 18.9% by 2028.
- In terms of segment, smart watches accounted for a revenue of USD 20,132.4 million in 2021.
- Smart Bands is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 41,289.8 million |
| Market revenue in 2028 | USD 138,660.7 million |
| Growth rate | 18.9% (CAGR from 2021 to 2028) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Bands |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Watches, Smart Bands, Smart Clothing |
Other key industry trends
- In terms of revenue, the North America accounted for 42.2% of the global fitness tracker market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 699.2 million by 2028.
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Fitness Tracker Market Scope
Fitness tracker market segmentation & scope
Heart Rate Tracking
Sleep Monitoring
Glucose Monitoring
Sports
Running Tracking
Cycling Tracking
Others
Fitness Tracker Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fitness tracker market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fitness tracker market will help companies and investors design strategic landscapes.
smart watches was the largest segment with a revenue share of 48.76% in 2021. Horizon Databook has segmented the Global fitness tracker market based on smart watches, smart bands, smart clothing covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Fitness Tracker Type Outlook (Revenue, USD Million, 2016-2028)
- Smart Watches
- Smart Bands
- Smart Clothing
- Others
- Global Fitness Tracker Application Outlook (Revenue, USD Million, 2016-2028)
- Heart Rate Tracking
- Sleep Monitoring
- Glucose Monitoring
- Sports
- Running Tracking
- Cycling Tracking
- Others
- Global Fitness Tracker Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
- Online
- Offline
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Our clientele includes a mix of fitness tracker market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fitness tracker market , including forecasts for subscribers. This global databook contains high-level insights into Global fitness tracker market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global fitness tracker market statistics, by region, 2016-2028 (US$M)
Top 10 countries: Fitness tracker market size, 2021 (USD Million)
Top 10 countries: Fitness tracker market size, 2021 (USD Million)
Global fitness tracker market, by region, 2021 (US$M)
Related regional statistics
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