Smart fitness is all about making our lives easier and our workouts fun, while helping us shed some pounds or look better. Smart fitness watches enable us to get fit by just learning a few easy steps. Smart watches can track all of your exercise routines, and they can even help you get in shape on the go. The most advanced smart fitness watch will provide you with tons of information and keep track of all your activity - including your heart rate, calories burned and miles covered - so that you can always find new ways to improve your fitness. Smart fitness monitors can even help any health-minded individual get a concrete, measurable metric for any goal.

Market Dynamics:

Launch of new products and solutions is expected to propel growth of the global smart fitness market. For instance, in October 2021, Garmin International, Inc. launched the Dexcom Connect IQ apps, providing people with Type 1 and Type 2 diabetes who use the Dexcom G6 Continuous Glucose Monitor (CGM) System.

Major players operating in the global smart fitness market are focused on adopting partnership and collaboration strategies to enhance their market share. For instance, in October 2021, Samsung Electronics collaborated Kitsuné, a lifestyle brand, on two new special-edition wearables — the Galaxy Watch4 Maison Kitsuné Edition and the Galaxy Buds2 Maison Kitsuné Edition.

Key features of the study:

• This report provides in-depth analysis of the global smart fitness market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global smart fitness market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Fitbit Incorporation, Garmin International, Pebble Incorporation, Xiaomi, Samsung Electronics, NIKE Incorporation, Shanda Group, and Sony Corporation
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global smart fitness market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart fitness market

Detailed Segmentation:

• Global Smart Fitness Market, by Component:
  • Smart Accessories
    • Smart Watches
    • Smart Bands
    • Activity Trackers
    • Heart Rate Monitors
    • Pedometer
    • Sleep Quality Monitor
  • Cardio Vascular Equipment
    • Treadmills
    • Bicycles
    • Riders
    • Others
  • Strength Equipment
    • Weight Training
    • Power Racks
    • Resistance Machines
  • Cross-Training Equipment
    • Stretching
    • Motion Trail
    • All in One
• Global Smart Fitness Market, by Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles
• • Fitbit Incorporation*
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments
    • Future Plans
  • Garmin International
  • Pebble Incorporation
  • Xiaomi
  • Samsung Electronics
  • NIKE Incorporation
  • Shanda Group
  • Sony Corporation

*Browse all the market data tables and figures on “Global Smart Fitness Market- Forecast to 2028”