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The global digital fitness market is expected to reach $27.4 billion by 2022

Trends, opportunities and forecast in this market to 2022 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)

According to a new market report published 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 $27.4 billion by 2022 and is forecast to grow at a CAGR of 32.6% from 2017 to 2022. The major drivers for the growth of this market are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.

This report has 102 figures/charts and 60 tables spread through 150 pages. For more detail on this report please click link http://www.lucintel.com/digital-fitness-market-2017-2022.aspx

In this market, smartwatch, fitness wristband, smart clothing, and smart shoe are used to monitor and track fitness related activities. Digital fitness devices are tracking devices, that is, they are either worn or attached to the body part. On the basis of comprehensive research, Lucintel forecasts that the smartwatch segment is expected to witness significant growth during the forecast period due to their versatile features as a wristband.

Download Free PDF Report Brochure here http://www.lucintel.com/rb/digital-fitness-market-2017-2022.aspx

Within global digital fitness market, smartwatch is expected to remain the largest segment by product type. Multi functionality features, growing health awareness, and rising in disposable income are the major driving factors that spur growth for this segment over the forecast period.

Early buyers will receive 10% free customization on this report.

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.

APAC is expected to witness the highest growth rate over the forecast period due to growing adoption rate, technological advancements, and rising urbanization with awareness towards fitness.

Emerging trends, which have a direct impact on the dynamics of the industry, include integration and cross-compatibility of personal health data and introduction of cross over products. Fitbit, Inc., Apple, Inc., Garmin, Ltd., Samsung Electronics Co. Ltd., and Adidas AG are among the major suppliers of digital fitness market.

Download free sample here http://www.lucintel.com/ds/digital-fitness-market-2017-2022.aspx

The study includes a forecast for the global digital fitness market by product, category, application, and region, as follows:

By Product Type [Volume (Thousand Units) and Value ($ Million) from 2011 to 2022]:

  • Smartwatches

−      iOS

−      Android

−      Tizen

−      Others

  • Fitness wristbands
  • Smart clothing
  • Smart shoes
  • Others

By Category [Value ($ Million) from 2011 to 2022]:

  • Hand wear
  • Leg wear
  • Head wear
  • Others

By Application [Value ($ Million) from 2011 to 2022]:

  • Smart wearable fitness devices
  • Smart wearable sports devices

By Region [Value ($ Million) from 2011 to 2022]:

  • North America

−      US

−      Mexico

−      Canada

  • Europe

−      United Kingdom

−      Germany

−      France

−      Spain

  • APAC

−      China

−      Japan

−      India

  • ROW

−      Brazil

−      Argentina

For current press releases of Lucintel

This 150-page 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 click on this link http://www.lucintel.com/toc/digital-fitness-market-2017-2022.aspx  or   [email protected]

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Connect with us on LinkedIn here https://www.linkedin.com/company/lucintel?trk=top_nav_home

This report addresses the following key questions:

Q.1What are some of the most promising, high-growth opportunities for global digital fitness market 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))?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which region will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?

Q.5 What are the business risks and competitive threats in this market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are some of the changing demands of customers in the market?

Q.8 What are the new developments in the market and which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?

Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?

Q. 11 What M & A activity has occurred in the last 5 years?

Media Contact
Company Name: Lucintel
Contact Person: Tushita Roy
Email: Send Email
Phone: +31-682270883
Address:222 Las Colinas Blvd West, Suite 1650
City: Irving
State: TX
Country: United States
Website: http://www.lucintel.com/index.aspx

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