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Smart Band Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global smart band (smart watch) market reached a volume of 46.5 Million Units in 2021. Looking forward, IMARC Group expects the market to reach 59.1 Million Units by 2027, exhibiting at a CAGR of 4.26% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A Smart band is a multipurpose device which helps to monitor the amount of daily activities incurred by a person. It takes into account the distance covered while walking or jogging, and monitors calorie intake, heartbeat and quality of sleep. Smart bands are wirelessly connected to mobiles, tabs, laptops or personal computers for long-term storage of data.

One of the primary factors catalysing the growth of the global smart band market is the rising awareness among people for health and fitness owing to which, there has been a strong growth in the demand for fitness gadgets such as smart bands. Further, changing lifestyles and hectic schedules have driven consumers to hunt for reminders that endorse healthy living, adequate sleep patterns and offer connectivity. In addition, the market is also being catalysed by improving internet availability and the growth of Internet of Things (IoT) which have encouraged consumers to incorporate smart bands or smart watch in their daily lives. Moreover, a decline in the prices of smart bands in recent years have now made them more affordable to the mass population.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart band market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, operating system and distribution channel.

Breakup by Product Type:

  • With Screen
  • Without Screen
     

On the basis of product type, the report has segmented the market into with screen and without screen smart bands.

Breakup by Operating System:

  • Android
  • Windows
  • iOS
  • Others
     

On the basis of the operating system, the market has been bifurcated into android, windows, iOS, and others.

Breakup by Distribution Channel:

  • Specialist Retailers
  • Company Outlets
  • Online
  • Others
     

On the basis of distribution channel, the market has been segmented as specialist retailers, company outlets, online and others.

Breakup by Region:

  • North America 
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America
     

The report has segmented the global smart band market on the basis of region into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Fitbit, Garmin, Jawbone, Samsung Electronics, Apple, Xiaomi, Lenovo, LG, Nike, Razer and Sony.

This report provides a deep insight into the global smart band market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the smart band market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units Million Units, US$ Million
Segment Coverage Product Type, Operating System, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Fitbit, Garmin, Jawbone, Samsung Electronics, Apple, Xiaomi, Lenovo, LG, Nike, Razer and Sony
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global smart band market performed so far and how will it perform in the coming years?
  • What are the key regions in the global smart band market?
  • What has been the impact of COVID-19 on the global smart band market?
  • Which are the popular product types in the global smart band market?
  • What are the distribution channels in the global smart band market?
  • What are the popular operating systems in the global smart band market?
  • What are the price trends of smart bands?
  • What are the various stages in the value chain of the global smart band market?
  • What are the key driving factors and challenges in the global smart band market?
  • What is the structure of the global smart band market and who are the key players?
  • What is the degree of competition in the global smart band market?
  • How are smart bands manufactured?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Smart Band Market
    5.1    Market Overview
    5.2    Market Performance
        5.2.1    Sales Volume
        5.2.2    Sales Value
    5.3    Impact of COVID-19
    5.4    Price Analysis
    5.5    Market Breakup by Product Type
    5.6    Market Breakup by Operating System
    5.7    Market Breakup by Distribution Channel
    5.8    Market Breakup by Region
    5.9    Market Forecast
        5.9.1    Sales Volume
        5.9.2    Sales Value
    5.10    SWOT Analysis
        5.10.1    Overview
        5.10.2    Strengths
        5.10.3    Weaknesses
        5.10.4    Opportunities
        5.10.5    Threats
    5.11    Value Chain Analysis
        5.11.1    Overview
        5.11.2    Research and Development
        5.11.3    Raw Material Procurement
        5.11.4    Manufacturing
        5.11.5    Marketing
        5.11.6    Distribution
        5.11.7    End-Use
    5.12    Porters Five Forces Analysis
        5.12.1    Overview
        5.12.2    Bargaining Power of Buyers
        5.12.3    Bargaining Power of Suppliers
        5.12.4    Degree of Competition
        5.12.5    Threat of New Entrants
        5.12.6    Threat of Substitutes
6   Market Breakup by Product Type
    6.1    With Screen
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Without Screen
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Operating System
    7.1    Android
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Windows
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    iOS
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Specialist Retailers
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Company Outlets
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Online
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Europe
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Middle East and Africa
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Latin America
        9.5.1 Market Trends
        9.5.2 Market Forecast
10   Smart Band Manufacturing Process
    10.1    Product Overview
    10.2    Raw Material Requirements
    10.3    Manufacturing Process
    10.4    Key Success and Risk Factors
11  Competitive Landscape
    11.1    Market Structure
    11.2    Key Players
    11.3    Profiles of Key Players
      11.3.1    Fitbit
      11.3.2    Garmin
      11.3.3    Jawbone
      11.3.4    Samsung Electronics
      11.3.5    Apple
      11.3.6    Xiaomi 
      11.3.7    Lenovo
      11.3.8    LG
      11.3.9    Nike
      11.3.10    Razer
      11.3.11    Sony

List of Figures

Figure 1: Global: Smart Band Market: Major Drivers and Challenges
Figure 2: Global: Smart Band Market: Sales Volume (in Million Units), 2016-2021
Figure 3: Global: Smart Band Market: Sales Value (in Million US$), 2016-2021
Figure 4: Global: Smart Band Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Smart Band Market: Breakup by Operating System (in %), 2021
Figure 6: Global: Smart Band Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Smart Band Market: Breakup by Region (in %), 2021
Figure 8: Global: Smart Band Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 9: Global: Smart Band Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Smart Band Industry: SWOT Analysis
Figure 11: Global: Smart Band Industry: Value Chain Analysis
Figure 12: Global: Smart Band Industry: Porter’s Five Forces Analysis
Figure 13: Global: Smart Band (With Screen) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 14: Global: Smart Band (With Screen) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 15: Global: Smart Band (Without Screen) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 16: Global: Smart Band (Without Screen) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 17: Global: Smart Band (Android) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 18: Global: Smart Band (Android) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 19: Global: Smart Band (Windows) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 20: Global: Smart Band (Windows) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 21: Global: Smart Band (iOS) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 22: Global: Smart Band (iOS) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 23: Global: Smart Band (Others) Market: Sales Volume (in Million Units), 2016 & 2021
Figure 24: Global: Smart Band (Others) Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 25: Global: Smart Band Market: Sales through Specialist Retailers (in Million Units), 2016 & 2021
Figure 26: Global: Smart Band Market Forecast: Sales through Specialist Retailers (in Million Units), 2022-2027
Figure 27: Global: Smart Band Market: Sales through Company Outlets (in Million Units), 2016 & 2021
Figure 28: Global: Smart Band Market Forecast: Sales through Company Outlets (in Million Units), 2022-2027
Figure 29: Global: Smart Band Market: Online Sales (in Million Units), 2016 & 2021
Figure 30: Global: Smart Band Market Forecast: Online Sales (in Million Units), 2022-2027
Figure 31: Global: Smart Band Market: Sales through Other Distribution Channels (in Million Units), 2016 & 2021
Figure 32: Global: Smart Band Market Forecast: Sales through Other Distribution Channels (in Million Units), 2022-2027
Figure 33: North America: Smart Band Market: Sales Volume (in Million Units), 2016 & 2021
Figure 34: North America: Smart Band Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 35: Asia Pacific: Smart Band Market: Sales Volume (in Million Units), 2016 & 2021
Figure 36: Asia Pacific: Smart Band Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 37: Europe: Smart Band Market: Sales Volume (in Million Units), 2016 & 2021
Figure 38: Europe: Smart Band Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 39: Middle East and Africa: Smart Band Market: Sales Volume (in Million Units), 2016 & 2021
Figure 40: Middle East and Africa: Smart Band Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 41: Latin America: Smart Band Market: Sales Volume (in Million Units), 2016 & 2021
Figure 42: Latin America: Smart Band Market Forecast: Sales Volume (in Million Units), 2022-2027
Figure 43: Smart Band Manufacturing: Detailed Process Flow

List of Tables

Table 1: Global: Smart Band Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Band Market Forecast: Breakup by Product Type (in Million Units), 2022-2027
Table 3: Global: Smart Band Market Forecast: Breakup by Operating System (in Million Units), 2022-2027
Table 4: Global: Smart Band Market Forecast: Breakup by Distribution Channel (in Million Units), 2022-2027
Table 5: Global: Smart Band Market Forecast: Breakup by Region (in Million Units), 2022-2027
Table 6: Smart Band: Raw Material Requirements
Table 7: Global: Smart Band Market: Competitive Structure
Table 8: Global: Smart Band Market: Key Players

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