Global: fitness/activity tracking wristwear revenue growth 2019-2028

The global revenue change in the 'Smart bands' segment of the digital health market was forecast to continuously decrease between 2023 and 2028 by in total 8.6 percentage points. After the fifth consecutive decreasing year, the indicator is estimated to reach 9.93 percent and therefore a new minimum in 2028.

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Revenue growth of the fitness/activity tracking wristwear market worldwide from 2019 to 2028

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

Smart bands are equipped with sensors and activity trackers that measure and analyze the physical activity and body functions of the wearer (e.g., number of steps taken, movement, pulse and temperature).

Additional Information:

The market comprises revenue, average revenue per user, users and user penetration rates. Revenue in the smart bands market segment refers to sales of smart bands and related accessories. Well-known examples of fitness wristwear are the fitness bands from Fitbit, Jawbone, Xiaomi, and Nike Fuelband.

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