Global Smart Sports Wearables Market Size & Outlook

The smart sports wearables industry worldwide is expected to reach a projected revenue of US$ 4,165.7 million by 2030. A compound annual growth rate of 14% is expected of the worldwide smart sports wearables industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,667.1
Forecast, 2030 (US$M)
$4,165.7
CAGR, 2024 - 2030
14%
Report Coverage
Worldwide

Global smart sports wearables market highlights

  • The global smart sports wearables market generated a revenue of USD 1,667.1 million in 2023 and is expected to reach USD 4,165.7 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 14% by 2030.
  • In terms of segment, hardware accounted for a revenue of USD 760.3 million in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,667.1 million
Market revenue in 2030USD 4,165.7 million
Growth rate14% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 32.9% of the global smart sports wearables market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 119.6 million by 2030.

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Smart Sports Wearables Market Companies

Name Profile # Employees HQ Website

Global smart sports wearables 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 smart sports wearables market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 45.61% in 2023. Horizon Databook has segmented the Global smart sports wearables market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Smart Sports Wearables Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • Sensors
      • Memory
      • Battery
      • Display
      • Others
    • Software
      • Operating System
      • Device Applications
    • Services
  • Global Smart Sports Wearables Device Type Outlook (Revenue, USD Million, 2018-2030)
    • Wristwear
      • Smartwatches
      • Smart Wristbands
    • Headwear
    • Smart Bodywear
    • Smart Shoes
    • Others
  • Global Smart Sports Wearables Application Outlook (Revenue, USD Million, 2018-2030)
    • Fitness & Activity Tracking
    • Sports & Performance Enhancement
    • Health Monitoring
    • Navigation & Location Tracking
    • Biometric Analysis
  • Global Smart Sports Wearables End Use Outlook (Revenue, USD Million, 2018-2030)
    • Professional Athletes
    • Amateur Athletes

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  • Our clientele includes a mix of smart sports wearables market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart sports wearables market, including forecasts for subscribers. This global databook contains high-level insights into Global smart sports wearables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global smart sports wearables market size, by regions, 2018-2030 (US$M)

Top 10 countries: Smart sports wearables market size, 2023 (US$M)

Global smart sports wearables market share, by component, 2023 & 2030 (%, US$M)

Smart sports wearables market: Opportunity assessment by country

Global smart sports wearables market, by region, 2023 (US$M)

Global smart sports wearables market size, by regions, 2018-2030 (US$M)

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