Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Wednesday, February 28, 2024

Lucintel Forecasts the Global Digital fitness Market to Reach $426 Billion by 2030

According to a market report by Lucintel, the future of the global digital fitness market looks promising with opportunities in smart wearable fitness devices and smart wearable sports devices. The global digital fitness market is expected to reach an estimated $426 billion by 2030 at a CAGR of 39.2% from 2024 to 2030. The major drivers for this market are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.

Browse 102 figures/charts and 60 tables in this 202-page report to understand trends, opportunity and forecast in digital fitness market to 2030 by product (smartwatch, fitness wristband, smart clothing, smart shoe, and other), category (hand wear, head wear, leg wear and others), application (smart wearable fitness device and smart wearable sports devices), and region (North America, Europe, Asia Pacific (APAC), and the Rest of the World (ROW)).

Lucintel forecasts that the smartwatch segment is expected to witness significant growth during the forecast period due to their versatile features as a wristband.

Within global digital fitness market, fitness wristband is expected to remain the largest segment by product type. Increasing health awareness and fitness wristband’s properties, like 24/7 heart rate monitoring and providing useful insights about the user’s health, will drive the demand for fitness wristbands over the forecast period.

North America is expected to remain the largest region due to an increasing obesity rate and growing awareness on physical fitness with the availability of a more sophisticated digital wearable fitness device.

Download sample by clicking on digital fitness market.

Fitbit Inc., Apple, Inc., Garmin Ltd., Samsung Electronics Co. Ltd.,and Adidas AG are the major suppliers in the digital fitness market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1 972.636.5056

Explore Our Latest Publications

Special Purpose Logic IC Market in Canada

Soy Beverage Market in Canada

Ai Training Chip Market in Canada

Air Dried Vegetable Market in Canada

Anaerobic Cultivation Set Market in Canada

Commercial Gas Deep Fryer Market in Canada

No comments:

Post a Comment