South Africa Fitness Tracker Market Size & Outlook
South Africa fitness tracker market, 2016-2028 (US$M)
Related Markets
South Africa fitness tracker market highlights
- The South Africa fitness tracker market generated a revenue of USD 245.9 million in 2021 and is expected to reach USD 699.2 million by 2028.
- The South Africa market is expected to grow at a CAGR of 16.1% from 2022 to 2028.
- In terms of segment, smart watches was the largest revenue generating type in 2021.
- Smart Bands is the most lucrative type segment registering the fastest growth during the forecast period.
Fitness tracker market data book summary
| Market revenue in 2021 | USD 245.9 million |
| Market revenue in 2028 | USD 699.2 million |
| Growth rate | 16.1% (CAGR from 2021 to 2028) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Bands |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Smart Watches, Smart Bands, Smart Clothing |
| Key market players worldwide | Apple Inc, Fitbit, Garmin Ltd, Samsung Electronics Co Ltd, Fossil Group Inc, Ambiotex, Huawei Technologies |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global fitness tracker market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa fitness tracker market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 699.2 million by 2028.
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Fitness Tracker Market Scope
Fitness Tracker Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 49.29% in 2021. Horizon Databook has segmented the South Africa fitness tracker market based on smart watches, smart bands, smart clothing covering the revenue growth of each sub-segment from 2016 to 2028.
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Target buyers of South Africa fitness tracker market databook
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Our clientele includes a mix of fitness tracker market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the South Africa fitness tracker market , including forecasts for subscribers. This country databook contains high-level insights into South Africa fitness tracker market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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South Africa fitness tracker market size, by type, 2016-2028 (US$M)
South Africa Fitness Tracker Market Outlook Share, 2021 & 2028 (US$M)
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