Wearable Devices Technology in Sport Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Wearable Technology in the Sports Market and is Segmented by Device Type (Fitness & Heart Rate Monitors, Smart Clothing, GPS Trackers) and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments

Wearable Devices Technology in Sport Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Sports Wearable Devices Market Size

Wearable Devices in Sports Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 94.17 Billion
Market Size (2030) USD 115.57 Billion
CAGR (2025 - 2030) 4.18 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Wearable Devices in Sports Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Sports Wearable Devices Market Analysis

The Wearable Devices In Sports Market size is estimated at USD 94.17 billion in 2025, and is expected to reach USD 115.57 billion by 2030, at a CAGR of 4.18% during the forecast period (2025-2030).

The wearable technology and devices market is unfolding at a rapid pace. With the industry going towards a focal point, businesses are prioritizing service enhancement, apart from adding additional new features to the device itself.

  • Wearable devices have remained a significant part of the sports industry, supporting the athlete to stick to daily routines and giving important information on various parameters it is programmed to control. Integration of analytics tools for better evaluating and analyzing this data to improve the performance or handling of overall personal fitness has sustained the need for wearable devices in the sports industry.
  • The growth in the wearables market can be attributed to increasing demand coupled with the propagation and suitability of improved communications protocol and miniaturization of sensor technology. Sensors and wearable devices can be combined into multiple accessories such as wristwear, garments, shoes, and eyeglasses because of their compressed or compact size and superior integration technologies.
  • The factors influencing wearable devices in the sports market include the entry of big players, portable and comfortable usage, elevated healthcare awareness, the soaring cost of manufacturing, and technological progressions. These essential factors have encouraged the adoption of wearable devices. Wearable devices such as activity trackers, smartwatches, and smart clothing are preferred among customers owing to their numerous advantages, including portable usage and the most modern and advanced technological advancements.
  • The increasing number of sports events, both online and offline, has indeed been a significant driver for the wearable devices market in sports. The rise in sports events, including professional competitions, amateur tournaments, and community-driven activities, has created a demand for wearable devices to enhance the sports experience, provide real-time data, and track performance metrics.
  • Wearable electronic devices find various applications in fitness and sports for controlling and monitoring parameters such as heart rate, calorie consumption, sleep, and blood pressure. Wearable devices permit a user to check health-related information on their smart wearables.
  • One of the main obstacles anticipated to restrain the market's expansion during the forecast period is the high cost of innovative wearable technology. Most firms in this sector are releasing their products under the category of premium products, which are not affordable for many users and restrict the products from reaching economies of scale.

Sports Wearable Devices Industry Overview

The wearable devices in sports market is fragmented with the presence of major players like Garmin Ltd., Zepp US Inc., Catapult Sports Pty Ltd., Kinexon GmbH, and Sensoria Inc. Players in the market are adopting strategies such as partnerships, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In May 2023, Garmin launched the Edge 540 and 840 series GPS cycling computers with solar power options in India for optimal performance and training. These new Edge cycling computers come with sophisticated features such as dynamic performance insights, advanced mapping, solar charging, and more, enabling riders to make smarter decisions and train more effectively.

In September 2022, Amazfit, a global smart wearables brand owned by health technology startup Zepp Health, introduced two flagship smartwatches: the Amazfit GTR 4 and Amazfit GTS 4. These smartwatches are the first in the Amazfit lineup to offer syncing of sports and fitness data to the Adidas Running app through the Zepp App, following a future update. This development is a result of the strategic relationship between Amazfit and Adidas Runtastic, enhancing the user experience for sports and fitness enthusiasts.

Sports Wearable Devices Market Leaders

  1. Garmin Ltd.

  2. Zepp US Inc.

  3. Catapult Sports Pty Ltd.

  4. Kinexon GmbH

  5. Sensoria Inc

  6. *Disclaimer: Major Players sorted in no particular order
Wearable Devices in Sports Market Concentration
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Sports Wearable Devices Market News

  • January 2023: Garmin India, a unit of Garmin Ltd., announced the introduction of the Instinct Crossover and Instinct Crossover Solar in India, the newest and most innovative additions to the popular Instinct series of durable, purpose-built GPS multisport smartwatches.
  • August 2022: The human performance business WHOOP and Penn State Intercollegiate Athletics partnered to use WHOOP wearable technology and personalized health insights to improve student-athlete wellness. A WHOOP 4.0 rollout across the athletic department and a comprehensive student-athlete health and engagement program are part of this new multi-year cooperation.
  • June 2022: Garmin Ltd. introduced the Forerunner 955 Solar, the company's first dedicated running smartwatch featuring solar charging. The Forerunner 955 Solar features a power glass solar charging lens, providing athletes with up to 20 days of battery life in smartwatch mode1 and up to 49 hours in GPS mode2. The smartwatch features an always-on, full-color display that is easily read in direct sunlight. The responsive touchscreen, coupled with the traditional 5-button design, allows fast access to standard health features, easier map control, etc.

Sports Wearable Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Defnition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Threat of New Entrants
    • 4.2.2 Bargaining Power of Buyers/Consumers
    • 4.2.3 Bargaining Power of Suppliers
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of COVID-19 on the Market

5. MARKET INSIGHTS

  • 5.1 Market Drivers
    • 5.1.1 Growing Demand for Data-Driven Decisions and Operations
    • 5.1.2 Increasing Sports Events, Online and Offline
    • 5.1.3 Portable and Convenient Usage
  • 5.2 Market Restraints
    • 5.2.1 High Initial Investment and Budget Constraints

6. MARKET SEGMENTATION

  • 6.1 By Device Type
    • 6.1.1 Fitness & Heart Rate Monitors
    • 6.1.2 Smart Clothing
    • 6.1.3 GPS Trackers
    • 6.1.4 Other Devices (Cameras, etc)
  • 6.2 By Geography***
    • 6.2.1 North America
    • 6.2.2 Europe
    • 6.2.3 Asia
    • 6.2.4 Australia and New Zealand
    • 6.2.5 Latin America

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Garmin Ltd.
    • 7.1.2 Zepp US Inc.
    • 7.1.3 Catapult Sports Pty Ltd.
    • 7.1.4 Kinexon GmbH
    • 7.1.5 Sensoria Inc
    • 7.1.6 ShotTracker Inc.
    • 7.1.7 STATSports Group
    • 7.1.8 EXELIO SRL(GPEXE)
    • 7.1.9 GPSports Systems(Catapult)
    • 7.1.10 List not Exhaustive
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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Sports Wearable Devices Industry Segmentation

Wearable technology (also called wearable gadgets) that athletes and sports teams use is considered in the market scope. Wearables used for sports, like consumer wearables, often incorporate tracking information associated with health and fitness. Sports wearables work with other analytical applications that provide actionable insights to increase productivity and future planning. These wearable devices have minute motion sensors to capture data and synchronize with mobile devices.

The wearable devices in sports market are segmented by device type (fitness & heart rate monitors, smart clothing, GPS trackers, and other device types) and geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa).

The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Device Type Fitness & Heart Rate Monitors
Smart Clothing
GPS Trackers
Other Devices (Cameras, etc)
By Geography*** North America
Europe
Asia
Australia and New Zealand
Latin America
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Sports Wearable Devices Market Research FAQs

How big is the Wearable Devices in Sports Market?

The Wearable Devices in Sports Market size is expected to reach USD 94.17 billion in 2025 and grow at a CAGR of 4.18% to reach USD 115.57 billion by 2030.

What is the current Wearable Devices in Sports Market size?

In 2025, the Wearable Devices in Sports Market size is expected to reach USD 94.17 billion.

Who are the key players in Wearable Devices in Sports Market?

Garmin Ltd., Zepp US Inc., Catapult Sports Pty Ltd., Kinexon GmbH and Sensoria Inc are the major companies operating in the Wearable Devices in Sports Market.

Which is the fastest growing region in Wearable Devices in Sports Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Wearable Devices in Sports Market?

In 2025, the North America accounts for the largest market share in Wearable Devices in Sports Market.

What years does this Wearable Devices in Sports Market cover, and what was the market size in 2024?

In 2024, the Wearable Devices in Sports Market size was estimated at USD 90.23 billion. The report covers the Wearable Devices in Sports Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Wearable Devices in Sports Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wearable Technology in Sport Industry Report

Statistics for the 2025 Wearable Devices In Sports market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Wearable Devices In Sports analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.