IMARC Group, a leading market research company, has recently releases report titled “Pedometer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global pedometer market report, growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Pedometer Market
A pedometer is a portable electronic device or sensor used to count and track the number of steps a person takes while walking or running. It is a simple tool designed to monitor and promote physical activity and measure the distance covered in terms of steps. It is a small, pager-sized device that is powered by a small battery designed to last for a long time. It can also be equipped with use more sophisticated sensors, including accelerometers and gyroscopes, to provide more accurate step count data and additional fitness metrics.
How Big Is the Pedometer Market?
The global pedometer market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 2.8 Billion by 2028 exhibiting a CAGR of 5.3% during 2023-2028.
Pedometer Market Trends and Drivers:
The increasing awareness and emphasis on personal health and wellness represent one of the primary factors driving the demand for pedometers around the world. Moreover, the surging of chronic and lifestyle diseases, such as obesity and diabetes, among the masses and the growing awareness about the benefits of physical activities in achieving a healthy life and lowering the probability of developing lifestyle diseases is influencing the market positively. In addition, the rising inclination towards physical exercise awareness campaigns and numerous workout programs is favoring the growth of the market. Besides this, the increasing adoption of wearable devices, such as fitness trackers, smartwatches, and fitness bands, is bolstering the market growth.
Global Pedometer Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Fitbit (Google LLC), Garmin Ltd., HRM USA Inc., OMRON Healthcare Co. Ltd. (OMRON Corporation), Xiaomi Inc., Yamasa Tokei Keiki Co. Ltd.
The report segmented the market based on region, product type, application and distribution channel.
Product Type Insights
- Smart Pedometer
- Manual Pedometer
- Others
Application Insights
- Commercial Competition
- Personal Use
- Others
Distribution Channel Insights
- Online Stores
- Retail Stores
- Supermarkets
- Others
Regional Insights
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa