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Technology Landscape, Trends and Opportunities in the Global Wearable Fitness Technology Market

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    Report

  • March 2024
  • Region: Global
  • Lucintel
  • ID: 5970760
The technologies in wearable fitness has undergone significant change in recent years, with computing technologies based watch which can perform basic computer functions to networking technology based wearable/smart device. The rising wave of new technologies such as smartwatch and wristband are creating significant potential for advanced wearable fitness technology in various medical platforms due to its ease in data sharing with doctors and caregivers via Bluetooth and Wi-Fi.

In the wearable fitness technology market, various technologies such as smartwatch, wristband, smartshoe, smart shirt/jacket, and headband/smartcap technologies are used in the handwear, torsowear, legwear, headwear applications. Consumer preference towards smart gadgets, increasing awareness about fitness, and rise in disposable income are creating new opportunities for various wearable fitness technologies.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the wearable fitness technology market.

The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global wearable fitness technology by application, technology, and region as follows:
  • Technology Readiness by Technology Type
  • Competitive Intensity and Regulatory Compliance
  • Disruption Potential by Technology Type

Trends and Forecasts by Technology Type [$M shipment analysis from 2018 to 2030]:

  • Smartwatch
  • Wristband
  • Smartshoe
  • Smart Shirt/Jacket
  • Headband/Smartcap

Technology Trends and Forecasts by Application [$M shipment analysis from 2018 to 2030]:

  • Handwear
  • Smartwatch
  • Wristband
  • Smartshoe
  • Smart Shirt/Jacket
  • Headband/Smartcap
  • Torsowear
  • Smartwatch
  • Wristband
  • Smartshoe
  • Smart Shirt/Jacket
  • Headband/Smartcap
  • Legwear
  • Smartwatch
  • Wristband
  • Smartshoe
  • Smart Shirt/Jacket
  • Headband/Smartcap
  • Headwear
  • Smartwatch
  • Wristband
  • Smartshoe
  • Smart Shirt/Jacket
  • Headband/Smartcap
  • Others

Technology Trends and Forecasts by Region [$M shipment analysis for 2018 to 2030]:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Asia Pacific
  • Japan
  • China
  • South Korea
  • India
  • The Rest of the World

Latest Developments and Innovations in the Wearable Fitness Technologies

Companies / Ecosystems

Strategic Opportunities by Technology Type

Some of the wearable fitness companies profiled in this report include Fitbit, Apple, Xiaomi Technology, Garmin, Samsung Electronics, LG Electronics, Qualcomm, and Sony Corporation.

This report answers the following 9 key questions:

Q.1 What are some of the most promising and high-growth technology opportunities for the wearable fitness technology market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in wearable fitness technology market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the business risks and threats to these technologies in wearable fitness technology market?
Q.6 What are the latest developments in wearable fitness technologies? Which companies are leading these developments?
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this wearable fitness technology market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this wearable fitness technology space?


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Table of Contents

1. Executive Summary
2. Technology Landscape
2.1. Technology Background and Evolution
2.2. Technology and Application Mapping
2.3. Supply Chain
3. Technology Readiness
3.1. Technology Commercialization and Readiness
3.2. Drivers and Challenges in Wearable Fitness Technologies
3.3. Competitive Intensity
3.4. Regulatory Compliance
4. Technology Trends and Forecasts Analysis from 2018-2030
4.1. Wearable Fitness Technology Opportunity
4.2. Technology Trends (2018-2023) and Forecasts (2014-2030)
4.2.1. Smartwatch
4.2.2. Wristband
4.2.3. Smartshoe
4.2.4. Smart Shirt/Jacket
4.2.5. Headband/Smartcap
4.3. Technology Trends (2018-2023) and Forecasts (2024-2030) by Application Segments
4.3.1. Handwear by Technology
4.3.1.1. Smartwatch
4.3.1.2. Wristband
4.3.1.3. Smartshoe
4.3.1.4. Smart Shirt/Jacket
4.3.1.5. Headband/Smartcap
4.3.2. Torsowear by Technology
4.3.2.1. Smartwatch
4.3.2.2. Wristband
4.3.2.3. Smartshoe
4.3.2.4. Smart Shirt/Jacket
4.3.2.5. Headband/Smartcap
4.3.3. Legwear by Technology
4.3.3.1. Smartwatch
4.3.3.2. Wristband
4.3.3.3. Smartshoe
4.3.3.4. Smart Shirt/Jacket
4.3.3.5. Headband/Smartcap
4.3.4. Headwear by Technology
4.3.4.1. Smartwatch
4.3.4.2. Wristband
4.3.4.3. Smartshoe
4.3.4.4. Smart Shirt/Jacket
4.3.4.5. Headband/Smartcap
4.3.5. Others
5. Technology Opportunities (2018-2030) by Region
5.1. Wearable Fitness Technology Market by Region
5.2. North American Wearable Fitness Technology Market
5.2.1. United States Wearable Fitness Technology Market
5.2.2. Canadian Wearable Fitness Technology Market
5.2.3. Mexican Wearable Fitness Technology Market
5.3. European Wearable Fitness Technology Market
5.3.1. The United Kingdom Wearable Fitness Technology Market
5.3.2. German Automotive Wearable Fitness Technology Market
5.3.3. French Automotive Wearable Fitness Technology Market
5.4. APAC Wearable Fitness Technology Market
5.4.1. Chinese Wearable Fitness Technology Market
5.4.2. Japanese Wearable Fitness Technology Market
5.4.3. Indian Wearable Fitness Technology Market
5.4.4. South Korean Wearable Fitness Technology Market
5.5. ROW Wearable Fitness Technology Market
6. Latest Developments and Innovations in the Wearable Fitness Technologies
7. Companies / Ecosystem
7.1. Product Portfolio Analysis
7.2. Market Share Analysis
7.3. Geographical Reach
8. Strategic Implications
8.1. Implications
8.2. Growth Opportunity Analysis
8.2.1. Growth Opportunities for the Wearable Fitness Technology Market by Technology Type
8.2.2. Growth Opportunities for the Wearable Fitness Technology Market by Application
8.2.3. Growth Opportunities for the Wearable Fitness Technology Market by Region
8.3. Emerging Trends in the Wearable Fitness Technology Market
8.4. Disruption Potential
8.5. Strategic Analysis
8.5.1. New Product Development
8.5.2. Capacity Expansion of the Wearable Fitness Technology Market
8.5.3. Mergers, Acquisitions, and Joint Ventures in the Wearable Fitness Technology Market
9. Company Profiles of Leading Players
9.1. Fitbit
9.2. Apple
9.3. Xiaomi Technology
9.4. Garmin
9.5. Samsung Electronics
9.6. LG Electronics
9.7. Qualcomm
9.8. Sony Corporation

Companies Mentioned

  • Fitbit
  • Apple
Xiaomi Technology
  • Garmin
  • Samsung Electronics
  • LG Electronics
  • Qualcomm
  • Sony Corporation

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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