Frequently Asked Questions
1. What value is the market expected to touch by 2028?
- Based on our research, the running watches market is projected to touch USD 16.97 billion by 2028.
2. What CAGR is the market expected to exhibit by 2028?
- The market is expected to exhibit a CAGR of 5.0% by 2028.
3. What are the segments of the market?
- By type, the market is segmented into pedometer watches, GPS watches, heart rate watches, and GPS +HRM watches. Based on application, the market is classified into running, biking, climbing, cardio training, and others.
4. Which are the driving factors of the market?
- Rising awareness for health and fitness to surge growth and rising demand for wireless sports and fitness devices are the factors driving the market.
5. Which are the top companies operating in the market?
- Apple Inc., Fitbit, Samsung, Garmin, Suunto, Casio, Polar, Motorola/Lenovo, TomTom, Xiaomi, Timex, Nokia, and Soleus are the top companies operating in the market.