Global Smart Band Market to Reach 59.1 Million Units by 2027, Propelled by Introduction of Innovative Variants

October 14, 2021

As per the latest report by IMARC Group, titled “Smart Band Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global smart band market reached a volume of 46.5 Million Units in 2021. A smart band, also known as a smartwatch, refers to a multipurpose device that assists in tracking the amount of daily physical activities performed by an individual. It also monitors various fitness-related metrics such as distance covered while jogging or walking, calorie consumption, and in some cases, heartbeat and quality of sleep. It is connected to smartphones, tablets, laptops or personal computers wirelessly for long-term data storage. In recent years, smart bands have gained traction across the globe due to the increasing tech-savvy population.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Smart Band Market Trends:

The growing awareness among the masses regarding health and fitness represents the primary factors driving the global smart band market. The rising health consciousness due to the widespread prevalence of lifestyle diseases like obesity and diabetes has augmented the product demand. As a result, consumers are increasingly seeking reminders that promote healthy living, adequate sleep patterns and connectivity due to the changing lifestyles and hectic work routines. Besides this, the increasing penetration of the internet of things (IoT) and the availability of high-speed internet have encouraged the utilization of smart bands. Furthermore, manufacturers are introducing innovative product variants integrated with advanced features and aesthetically appealing designs to attract more consumers. Besides this, the expanding e-commerce sector, an emerging trend of product premiumization, rapid urbanization, reduced product prices and elevating incomes are other growth-inducing factors. Looking forward, the market is expected to reach a volume of 59.1 Million Units by 2027.  

Market Summary:

  • Based on the product type, the market has been divided into with screen and without screen smart bands.
  • On the basis of the operating system, the market has been segregated into android, windows, iOS, and others.
  • On the basis of the distribution channel, the market has been classified into specialist retailers, company outlets, online and others. 
  • Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. 
  • The competitive landscape of the market has also been analyzed, with some of the key players being Fitbit LLC, Garmin Ltd., Jawbone Health, Samsung Electronics Co., Ltd., Apple Inc., Xiaomi Inc., Lenovo Group Ltd., LG Corporation, Nike, Inc., Razer Inc., and Sony Corporation.


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group

USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal

Global Smart Band Market to Reach 59.1 Million Units by 2027, Propelled by Introduction of Innovative Variants
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More