Europe Smart Sports Wearables Market Size & Outlook

The smart sports wearables market in Europe is expected to reach a projected revenue of US$ 1,000.7 million by 2030. A compound annual growth rate of 12.9% is expected of Europe smart sports wearables market from 2024 to 2030.
Revenue, 2023 (US$M)
$428.3
Forecast, 2030 (US$M)
$1,000.7
CAGR, 2024 - 2030
12.9%
Report Coverage
Europe

Europe smart sports wearables market highlights

  • The Europe smart sports wearables market generated a revenue of USD 428.3 million in 2023.
  • The market is expected to grow at a CAGR of 12.9% 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.
  • Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 428.3 million
Market revenue in 2030USD 1,000.7 million
Growth rate12.9% (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
Key market players worldwideApple 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, Europe region accounted for 25.7% of the global smart sports wearables market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,424.8 million by 2030.

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Smart Sports Wearables Market Companies

Name Profile # Employees HQ Website

Europe 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 45.6% in 2023. Horizon Databook has segmented the Europe smart sports wearables market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Europe Smart Sports Wearables Component Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
      • Sensors
      • Memory
      • Battery
      • Display
      • Others
    • Software
      • Operating System
      • Device Applications
    • Services
  • Europe Smart Sports Wearables Device Type Outlook (Revenue, USD Million, 2018-2030)
    • Wristwear
      • Smartwatches
      • Smart Wristbands
    • Headwear
    • Smart Bodywear
    • Smart Shoes
    • Others
  • Europe Smart Sports Wearables Application Outlook (Revenue, USD Million, 2018-2030)
    • Fitness & Activity Tracking
    • Sports & Performance Enhancement
    • Health Monitoring
    • Navigation & Location Tracking
    • Biometric Analysis
  • Europe 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 continent-level data and insights on the Europe smart sports wearables market, including forecasts for subscribers. This continent databook contains high-level insights into Europe smart sports wearables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe smart sports wearables market size, by country, 2018-2030 (US$M)

Europe Smart Sports Wearables Market Share, 2023 & 2030 (US$M)

Europe smart sports wearables market size, by country, 2018-2030 (US$M)

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