China Smart Sports Wearables Market Size & Outlook
China smart sports wearables market, 2018-2030 (US$M)
Related Markets
China smart sports wearables market highlights
- The China smart sports wearables market generated a revenue of USD 146.5 million in 2023 and is expected to reach USD 401.8 million by 2030.
- The China market is expected to grow at a CAGR of 15.5% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Smart sports wearables market data book summary
| Market revenue in 2023 | USD 146.5 million |
| Market revenue in 2030 | USD 401.8 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Sony Group Corp, Fitbit, Garmin Ltd, CGT Catapult, Under Armour Inc Class A, Alphabet Inc Class A, Samsung Electronics Co Ltd, Xiaomi Corp Class B, Huawei Technologies, Adidas AG, ShotTracker, Panasonic Industry, Stats Perform, StretchSense |
Other key industry trends
- In terms of revenue, China accounted for 8.8% of the global smart sports wearables market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart sports wearables market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 121.1 million by 2030.
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Smart Sports Wearables Market Scope
Smart Sports Wearables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 45.67% in 2023. Horizon Databook has segmented the China smart sports wearables market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- China Smart Sports Wearables Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Sensors
- Memory
- Battery
- Display
- Others
- Software
- Operating System
- Device Applications
- Services
- Hardware
- China Smart Sports Wearables Device Type Outlook (Revenue, USD Million, 2018-2030)
- Wristwear
- Smartwatches
- Smart Wristbands
- Headwear
- Smart Bodywear
- Smart Shoes
- Others
- Wristwear
- China Smart Sports Wearables Application Outlook (Revenue, USD Million, 2018-2030)
- Fitness & Activity Tracking
- Sports & Performance Enhancement
- Health Monitoring
- Navigation & Location Tracking
- Biometric Analysis
- China Smart Sports Wearables End Use Outlook (Revenue, USD Million, 2018-2030)
- Professional Athletes
- Amateur Athletes
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Target buyers of China smart sports wearables market databook
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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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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China smart sports wearables market, including forecasts for subscribers. This country databook contains high-level insights into China smart sports wearables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China smart sports wearables market size, by component, 2018-2030 (US$M)
China Smart Sports Wearables Market Share, 2023 & 2030 (US$M)
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