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Mark Peters : July 25th 2017 - 05:05 CET

Digital Fitness Market forecast report 2017


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Research and MarketsResearch and Markets Digital Fitness Market report 2017 : Research and Markets offers a new in-depth forecast report regarding the global digital fitness market. Major players in the smart fitness market are Adidas, Apple, Fitbit, Garmin and Samsung Electronics. 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 new report covers worldwide trends and opportunities in this market space. Research and Markets has segmented their in-depth analyses by product and by category. Products mentioned in the report are smartwatches, fitness wristbands, smart clothing and smart shoes. It also describes product categories like smart head wear and leg wear.
Smart sport devices

Smart wearable fitness and sport devices
The future of the global digital fitness market looks very promising with opportunities in smart wearable fitness devices and smart wearable sports devices. The major drivers for the growth of this market are increasing awareness on fitness, rising demand of user-friendly and self-monitoring devices.

Emerging trends, which have a direct impact on the dynamics of the digital fitness industry, include integration and cross-compatibility of personal health data and introduction of cross over products.

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.

Digital fitness

Digital Fitness Market report
Within global digital fitness market, smartwatches are 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.

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 wearable fitness devices.




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