Source:: Computer World

By Barry Elad

Introduction

Fitness Trackers Statistics: As of reports, the global market size of fitness trackers is expected to reach around $182.90 billion by the end of 2030 with an annual growth of 19.1% from 2023 to 2030. The industry is progressing rapidly due to the higher integration of consumer-based wearable technologies into health research industries. In this digital world, rising demands of technology are enabling the growth of the fitness tracker industry in the coming years. In addition, after the COVID-19 pandemic, individuals are becoming more dependent on fitness trackers. The article includes several analyses of the market such as revenue share, segmental analysis, demographics, regions, countries, shipments, advantages, etc.

These Fitness Tracker Statistics include insights from various aspects that provide light on how fast the market is growing around the world in recent days.

Editor’s Choice

• According to the reports of Statista analysis, revenue earned by the worldwide market of fitness trackers is expected to be $67.23 billion by the end of 2023.
• Whereas, by the end of 2028 the fitness tracker market volume is supposed to reach $103.30 billion with a CAGR of 8.97% from 2023 to 2028.
• As of 2023, the user penetration of fitness trackers is going to be 5.35% and 6.04% by the end of 2028.
• By the end of 2023, the expected average revenue per user is predicted to reach $163.70.
• In 2023, China has earned the highest revenue around the world with almost $23,150 million.
• As the fitness trackers market is segmented into 3 parts, thus by the end of 2023 average revenue per user in smartwatches ($201.20), Smart bands ($74.87), and smart scales ($44.93).
• In 2023, revenue was earned from Smartwatches ($44.15 billion), Smart bands ($19.52 billion), and Smart scales ($3.55 billion).
• As of 2022, the global fitness tracker market share by highest application is running (42.9%), by distribution channel is online distribution segment (62%), and by highest device type is Smart Watches (41.3%)
• As of reports, the highest fitness market size has been achieved by the North American region resulting in $22.48 billion.

What is a Fitness Tracker?

The fitness tracker is an electronic device that is enabled with various sensors and batteries, which help in tracking orientation, movement, and trails of various, heal-related activities.

Some best fitness trackers cost in 2023 across the globe are Amazfit GTR 4 (costs $200), Garmin Venu Sq 2 (costs $250), Garmin Fenix 7S Pro ($600), Oura Ring Gen 3 (costs $299), Amazfit Band 7 (costs $45), Garmin Vivomove Sport (costs $180), Apple Watch Series 9 (costs $329), Samsung Galaxy Watch 6 (costs $228), Google Pixel Watch 2 (costs $350), and Whoop 4.0 (costs $30).

General Statistics

(Source: mordorintelligence.com)

• As of the above figure analysis, the global fitness tracker market is expected to grow at a CAGR of 15.70% from 202 to 2028.
• According to the reports of Fortune Business Insights, the global fitness tracker market size is supposed to reach $53.94 billion by the end of 2023.
• According to Precedence Research reports, as of 2023 the fitness tracker market size is predicted to be $56.1 billion in 2023 and $258.48 billion by the end of 2032.
• The global leading manufacturers of fitness trackers are Apple Inc., Fitbit Inc., Garmin Ltd., and Xiaomi.
• According to Statista, global revenue earned by fitness or activity tracking wrist wearable in 2023 is expected to be $19.3 billion and shipment units are going to be 305 million.
• As of 2022, fitness tracker market share analysis by distribution channels is followed by online (62%), and offline (38%).
• Whereas, the overall market growth of the fitness tracker market is expected to reach 18.5% of CAGR from 2023 to 2032.
• As of reports in the global fitness tracker market, the largest share was achieved by the North American region with a CAGR of 15.5% from 2023 to 2031.
• According to Adjust report analysis, revenue earned by fitness wristbands and smartwatches is supposed to grow by more than $63 billion by the end of 2023.

Fitness Trackers Statistics by Market Revenue

(Source: market.us)

• As of the above graph analysis, the global fitness tracker market earned maximum revenue from fitness bands, smart glasses, activity monitors, smart watches, and smart clothing.
• In 2023, the global market valuation of fitness trackers is supposed to be $46.3 billion.
• The market growth of the global fitness tracker industry is expected to reach higher followed by 2024 ($53.3 billion), 2025 ($65 billion), 2026 ($77.7 billion), 2027 ($89.4 billion), 2028 ($98.9 billion), 2029 ($116 billion), 2030 ($135.5 billion), 2031 ($156.5 billion), and 2032 ($187.2 billion).

(Source: statista.com)

• As of the above graph analysis, the market is categorized into 3 segments such as smart bands, smart scales, and smartwatches. Thus, in 2023 global revenue earned by the smart fitness trackers market is expected to reach $67.22 billion.
• Furthermore, in the coming year revenue rates of the market are supposed to grow more followed by 2024 ($74.62 billion), 2025 ($81.84 billion), 2026 ($89.01 billion), 2027 (96.06 billion), and 2028 ($103.27 billion).

Fitness Trackers Revenue Statistics by Types

(Reference: statista.com)

• According to the reports of Statista, the fitness tracker’s market is segmented into 3 different segments such as smart bands, smart scales, and smartwatches.
• In the current year of 2024, the wearable technology market has observed substantial revenue generation with Smartwatches leading at $47.94 billion, followed by Smart bands at $22.78 billion, and Smart scales at $3.89 billion.
• Moving into the forecast year of 2025, it is anticipated that the market will continue its upward trajectory with Smartwatches expected to generate $51.58 billion, Smart bands poised to earn $26.08 billion, and Smart scales estimated to bring in $4.18 billion in revenue.
• The growth momentum is predicted to persist into 2026, with revenue from Smartwatches projected to reach $55.16 billion, while Smart bands are forecasted to contribute $29.38 billion, and Smart scales are expected to account for $4.48 billion.
• In 2027, the market is forecasted to maintain its expansion, with Smartwatches anticipated to generate $58.74 billion, Smart bands expected to earn $32.6 billion, and Smart scales projected to bring in $4.72 billion.
• Looking ahead to 2028, projections indicate a continued upward trend in revenue with Smartwatches expected to reach $62.46 billion, Smart bands forecasted to contribute $35.84 billion, and Smart scales estimated to earn $4.97 billion.
• This consistent growth across all categories signifies a robust and expanding market for wearable technology, highlighting the increasing consumer adoption and technological advancements driving the industry forward.

By Average Revenue Per User

(Source: statista.com)

• As the fitness trackers market is segmented into 3 parts, thus by the end of 2023 average revenue per user in smartwatches ($201.20), Smart bands ($74.87), and smart scales ($44.93).
• In 2025, the average revenue earned per user is smartwatches ($227.30), Smart bands ($84.56), and smart scales ($48.13).
• In 2027, the average revenue earned per user is smartwatches ($255.80), Smart bands ($96.36), and smart scales ($51.75).

By Country-Wise Revenue

• In 2023, China earned the highest revenue in the fitness-tracker market around the world with almost $23.15 billion and $38.38 billion by the end of 2028 with a CAGR of 10.64% from 2023 to 2028.
• The other top countries revenue earnings in 2023 are followed by the United States ($16.14 billion), India ($5,325 million), Japan ($1,408 million), and the United Kingdom ($1,377 million).
• Furthermore, revenue earned by the fitness trackers market of other countries in 2023 are Australia ($525.40 million), Bangladesh ($135.40 million), Belgium ($261.80 million), Brazil ($634.30 million), Canada ($6.68.30 million), Colombia ($230.70 million), Denmark ($198.20 million), Egypt ($362.20 million), France ($21,234 million), Germany ($1,259 million), Hong Kong ($95.22 million), Indonesia ($522.70 million), Italy ($916.50 million), Kenya ($25.30 million), Latvia ($20.21 million), Malaysia ($148.10 million), Mexico ($576.10 million), Myanmar ($73.56 million), Netherlands ($377.20 million), Norway ($192.50 million), Philippines ($174.30 million), Russia ($814.30 million), Singapore ($139.80 million), South Africa ($259.60 million), Switzerland ($403.40 million), Taiwan ($123 million), Thailand ($193.20 million), Turkey ($492.50 million), Vietnam ($), and Zimbabwe ($65.48 million).

Fitness Trackers Statistics by Region

(Reference: precedenceresearch.com)

• As of the above graph analysis, the North American region has accounted for the highest market share with 44% across the global fitness industry in 2022.
• Furthermore, other regions market shares are followed by Europe (25%), Asia Pacific (24%), Latin America (4%), and Middle East and Africa (3%).
• The largest share of the fitness tracker market was achieved by the North American region with a CAGR of 15.5% from 2023 to 2031.
• Whereas, the second largest and fastest growing region is Asia Pacific with a CAGR of 19.5% from 2023 to 2031.

Fitness Trackers Statistics by Segmentation

• The fitness market around the world is segmented by application, distribution channel, device types, components, connectivity, and operating system.
• According to Strait Research analysis, based on the application the market growth of the running segment is expected to reach a CAGR of 16.3% from 2023 to 2031.
• During the forecasted period from 2023 to 2031, based on the distribution channel the offline segment is going to contribute the highest share of 16.5% CAGR.
• Furthermore, among others based on device types; the highest contributor is the smartwatches segment with a market growth of 16.6% CAGR.
• Based on components, the highest contributor is the hardware sector with a market growth of 16.9%.
• Based on connectivity and operating system, the highest contributor is the Bluetooth and Android segment which is estimated to grow by 17.1% and 16.6% of CAGR respectively.

Fitness Trackers Statistics by Demographics

 (Source: ncbi.nlm.nih.gov)

• According to the survey analysis of the United States National Center for Biotechnology Information, fitness tracker user statistics by race and ethnicity are followed by Hispanic (39%), non-Hispanic black or African American (36%), and non-Hispanic white American (15%).
• Users of fitness trackers by education are followed by less 9th grade (13%), HS (44%), 2 years college (20%), 4 years college (20%), and no users (3%).
• Users of fitness trackers by age are followed by 18-25 years (11%), 26-35 years (20%), 36-46 years (20%), 45- 55 years (21%), 56-65 years (19%), 66-75 years (8%), and above 76 years (2%)
• Users of fitness trackers by gender are followed by women (71%), men (25%), minorities (2%), and others (2%). 

U.S. Fitness Trackers Statistics

• As of PubMed Central survey analysis, 21% of Americans are using fitness trackers.
• In which Apple watch users are 11%, others are Fitbit (6%), Garmin (10%), and others (4%).
• Around 58% of fitness tracker users are mostly used for tracking steps (27%), getting more exercise (16%), and for continuous analysis of heart rate (14%).

(Source: nitrocdn.com)

• Across the world in 2023, almost 45% of Americans are using wearable fitness trackers or smartwatches.
•  20% of people preferred Apple fitness trackers and 16% preferred Fitbit fitness trackers.
• 58% of people those are having annual income between $75,000 to $90,000 own fitness trackers.
• In the United States of America, owners of fitness trackers are Gen Z (70%), Millennials (57%), and women (51%).
• The main reasons for wearing fitness trackers are for tracking stress management (30%), exercise routine (27%), nutrition and diet (26%), and daily accumulated steps (24%).

Fitness Trackers Statistics by Brands

 (Reference: headphonesaddict.com)

• As of reports 2022 in the United States, fitness tracker user statistics by brand are followed by Apple (46%), Fitbit (38%), Samsung (16%), Garmin (8%), LG (7%), and Huawei (5%).

(Reference: sammyfans.com)

• As of 2023 reports, the global market of Apple fitness tracker is expected to be 32% of the share.
• As of the above graph analysis, the market share of top manufacturers of fitness trackers is followed by Samsung (10%) Huawei (7%), Garmin (4%), Fitbit (1%), and others (46%).

Indian Fitness Trackers Statistics

• According to reports of Statista, revenue earned by the Fitness-tracker market is expected to reach around $ 5,325 million by 2023 with a revenue growth of 38.8% from last year.
• By the end of 2028, the market volume is going to reach around $14,200 million with a CAGR of 21.67% from 2023 to 2028.
• As of 2023, the expected average revenue per user is supposed to reach $128.90.
• Whereas, the user penetration rate in 2023 is 4.91% and 7.76% by 2028.

Fitness Trackers Statistics by Apps

(Source: verifiedmarketresearch.com)

• As of the above graph analysis, the global health and fitness app market is expected to be $35.71 billion with a CAGR of 20.02% from 2022 to 2030.
• According to recent reports analysis, 81% of customers around the world in 2023 have planned to use fitness tracker apps on wearables as well as on Smartphones.
• As of 2023, the market valuation of the fitness trackers apps industry is expected to reach $19.3 billion and $33.04 billion by the end of 2027.

(Source: storyblok.com)

• In January 2023, global installments of health and fitness tracker apps have increased by 36% from the last months.
• Furthermore, global installments in the next months of 2023 are followed by February (-6%), March (+1%), and April (-20%).

Fitness Trackers Statistics by Shipments

• According to Volza’s Global Reports 2023, the import and export shipment of fitness trackers around the world is 2.2K.
• Top importers of fitness trackers shipments are followed by India (1,069), the United States (210), and Bangladesh (145).
• The top 3 product categories that are imported around the world are HSN Code 85176290, HSN Code 90318000, and HSN Code 90291090.
• Top exporters of fitness trackers statistics by shipments are followed by China (1,260), the United States (410), and India (138).
• The top 3 product categories that are exported around the world are HSN Code 85176290, HSN Code 90291090, and HSN Code 90318000.
• As of reports, in 2023 there are 538 buyers and 421 suppliers spread across 45 and 32 countries respectively.
• Top country buyers are followed by India (108), the United States (58), and the Philippines (50).
• Top country suppliers are followed by India (1059), the United States (207), and Bangladesh (124).

Conclusion

After completing the article on Fitness Tracker Statistics, it can be stated that this technological device market is growing rapidly around the world due to its beneficial capability of tracking several physical fitness activities. This article includes several statistical analyses that will positively motivate people across the world so, that they can understand the importance of fitness trackers and can buy one for themselves or family members to enjoy the effective benefits of this device.

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By Rohan Jambhale

Introduction

Wireless Gaming Mouse Statistics: As of recent market research reports, the global market size of the wireless gaming mouse is expected to reach up to $2.55 billion by the end of 2032. The wireless mouse segment is gaining huge popularity across the world as it includes Bluetooth technology and is mostly used in gaming devices.

The most recent version used in wireless mouce is Bluetooth 5.0 which enables high-speed data transfer and low latency. In recent days, gamers have shown more interest in wireless gaming mouse as they cover several effective features such as adjustable RGB illumination, high DPI, and programmable buttons.

(Reference: custommarketinsights.com)

What is a Wireless Gaming Mouse?

The gaming wireless mouse is specially designed for computer gamers. This mouse enables a wide array of controls and buttons along with palm, Claw, and Finger-Tip Grip. The high-quality features are precision and speed make the overall process easier.

Editor’s Choice

• According to the reports of customer market insights, the market size of the gaming mouse industry around the world is supposed to be $1.83 billion.
• On the other hand, the expected growth is predicted to reach 7.5% at a CAGR from 2023 to 2032.
• In the last year 2022, the market valuation was slightly less as of recent day with $1.76 billion.
• The effective features of a wireless gaming mouse include high-DPI sensors, customizable buttons, ergonomic designs, RGB lighting, software customization, polling rate, and weight customization.
• According to the reports of market.us, the global market size of wireless mice in 2023 is expected to reach $3,123.5 million and by the end of 2032, the market valuation is going to reach above $5,599.2 million.
• The global wireless mouse market is segmented into RF Wireless gaming mice, IR wireless mice, and Bluetooth wireless gaming mice.
• The largest market share of wireless gaming mice was captured by the North American region with 39%.

Facts of Wireless Gaming Mouse

(Source: reportsanddata.com)

• According to the reports of data intelligence, it is estimated that almost 2.2 billion to 2.6 billion people around the world will be using wireless gaming mouse in 2023.
• In the United States, the largest technology market is expected to be $1.7 trillion with a 32% share across the world tech market.
• As of recent days, the fastest growing region is the Asia Pacific region.
• According to the reports of Skyquest, the global market size is expected to reach above $3.62 billion in 2023 and it is going to be $6.61 billion by the end of 2030.
• The expected wireless mouse market size is going to reach a CAGR of 7.6% from 2023 to 2030.
• As of 2023 reports, around 60% of American residents have already purchased wireless gaming mouse from offline stores.
• The leading manufacturers of the industry are Razer, HyperX, Logitech, HyperX, Microsoft, Dell, Apple, ASUS, Lenovo, etc.

Click Latency Statistics

(Source: voltcave.com)

• Due to the advancement of wireless technology, latency-wise the performances of a wireless gaming mouse are better than those of a wired mouse.
• According to the reports of Voltcave, Optimum Tech tested much high-quality wireless gaming mouse to check out a better click latency rate.
• The wireless mouse click latency rate of Razer Viper Ultimate is 15.2 milliseconds (ms), others are followed by Logitech G Pro X Superlight (15.9 ms), Logitech G 305 (19.8 ms), Steelseries Aerox 3 (22 ms), Glorious Model O Wireless (26.7 ms), and Pwnage Ultra Custom Symm (28.7 ms).

Wireless Gaming Mouse Statistics by Technology

• The wireless gaming mouse deals with 3 technologies RF, IR, and Bluetooth.
• RF (radio frequency) Mouse works through a 2.4 GHz ISM Band. This technology especially requires 2 components radio transmitter and receiver.
• IR (Infrared) Mouse is integrated with a Dot per Inch shift button to adjust all gaming needs. The Anker 2.4G wireless mouse after adopting infrared technology enables amazing technology.

Wireless Gaming Mouse Statistics by Weight

(Reference: kitguru.net)

• According to the reports of Kitguru, the demand for light-middle gaming mouse (91-100 gm) is the highest demand for products for 23% of survey respondents.
• Furthermore, other weights of gaming mouse statistics preferred by respondents are middle heavyweight (11-130 gm) =19% of respondents, lightweight (130 g) = 11%.
• Whereas, 34% of people have said that the weight of a mouse is not the important factor.

Wireless Gaming Mouse Statistics by Polling Rate

According to the reports of Gamingsetup 2023, the minimum polling rate of gaming mice is 1000Hz. As this enables the best and most balanced performance level with a delay of 1 millisecond, CPU load, and battery life.

Wireless Gaming Mouse Statistics by Shipment

• According to the reports of Volza Grow Global, around the world, there are 617 active wireless mouse importers with an average of 475 suppliers.
• As of 5th December 2023, around 70 countries are linked with the import and export of gaming wireless mouse.
• Whereas 3.9K import shipments are found around the world, country-wise import shipment units are followed by the United States (1034), India (703), Vietnam (562), Peru (358), Indonesia (291), Philippines (204), and Ukraine (184).
• The export units of gaming wireless mouse are followed by China (2753), Hong Kong (315), Vietnam (215), Singapore (156), and Turkey (124).
• The maximum import market share is accounted for by ACRO ENGINEERING COMPANY with 224 shipments.
• Followed by RASHI PERIPHERALS PVT LTD with 174 shipments and EXPORTADORA IMPORTADORA IGARASHI with 160 shipments.

Wireless Gaming Mouse Statistics by Buyers and Suppliers

• As of reports, in 2023 there are 617 buyers available in 51 countries.
• The top buyers of gaming wireless mouse is the Philippines with 128, other are followed by the United States (96), Vietnam (85), and Pakistan (56).
• On the other side, there are 475 global suppliers of gaming wireless mouse across 26 countries.
• The top supplier is China accounting for 294 units.

Top Wireless Gaming Mouse Statistics

• The best wireless gaming mouse is the Razer Viper V2 Pro with a lighter version l that enables accurate and faster movements.
• The device includes a new Razer Focus Pro 30K sensor and a default weight of 58.5 g.
• This is available at Amazon which cost almost $30
• Benefits include extremely lightweight exceptional click latency, comfortable symmetrical shape, feet glide remain very smooth over mouse pads, and built quality is excellent.

(Source: rtings.com)

• Logitech G502 LIGHTSPEED (Best for upper mid-range) It is comfortable right-handed with a thumb rest along with twelve programmable buttons.
• This is available at Amazon.com and BestBuy.com which cost around $100 and the default weight is around 115.1 g.

(Source: rtings.com)

• Fantech Aria XD7 (best for mid-range) its size is symmetrical, with a comfortable egg-like shape and size, and is super lightweight (59 g).
• The features include Pixart 3395 gaming sensor with 26000 DPI, 5G Advanced 18K Optical Sensors, 285 Hr Battery for Hyper Speed Wireless, Gen-2 Mechanical Switches, Chroma RGB, 535 Hr Battery for Bluetooth, and 9 Programmable Controls.

(Source: rtings.com)

• Razer Basilisk V3 Hyper Speed (best for lower mid-range) has excellent build quality, an ergonomic right-handed shape, and low click latency rates.
• The advanced features are Gen-2 Mechanical switches, 5G Advanced18K optical sensors, Chroma RGB 9 with programmable controls 535 Hr Battery.
• The cost is almost $50 and a default weight of 113.8g

(Source: rtings.com)

• Logitech G305 Light Speed (best for budget) includes next-gen HERO mouse sensors that deliver power efficiency above 10x.
• Other effective feature includes ultra-fast light speed that enables a lag-free gaming experience with incredible reliability and responsiveness with a super-fast 1ms report rate.
• The mouse boasts incredible control of a 250-hr battery and a maximum speed of >400 IPS.

Conclusion

As of today, after completing the article on Wireless Gaming Mouse Statistics it can be stated that the industry has started growing in the last few years. This gaming mouse transmits radio signals to the receiver which is connected to the computer. This mouse doesn’t have cable or wire and can be managed easily on laptops and desktops in any situation. This article includes possible data such as market share, shipment units, imports; exports, etc hopefully will help in understanding the basic importance of the topic.

Source:: Coolest Gadgets

By Barry Elad

Introduction

Cloud Gaming Service Statistics: According to reports, the global annual spending on Cloud Gaming Services is expected to reach above $6 million by the end of 2024. The cloud gaming services helped developers concentrate on optimizing games for specific hardware devices along with enabling cost cost-saving processes for developers. Thus, global expansion is driving out enormously around the world and is expecting continuous growth in the coming future.

These Cloud Gaming Services Statistics include insights from various aspects that provide light on why Cloud Gaming is one of the best streaming services today.

Editor’s Choice

• According to the reports of Gitnux, by 2030 the expected cloud gaming service market is going to reach above $21 billion.
• As of survey reports, 50% of consumers have played cloud gaming via cloud services in 2023 around the world.
• In the United States, 43% of cloud gamer subscriptions are currently subscribed to PlayStation.
• According to the reports of Kevuru Games by the end of 2027, the predicted compound annual growth rate of the cloud gaming industry is expected to grow by 44.13% from 2023 to 2027.
• According to Research Nester reports, the market of cloud gaming services market is expected to reach over 50% of CAGR from 2022 to 2030.
• The leading players in the Cloud Gaming industry are Tencent Holdings Ltd., Intel Corporation, Ubitus K.K., RemoteMyApp Sp.z o.o., LP Technologies, etc.
• According to the reports of Statista, the heavily investing companies in cloud gaming services are Google, Microsoft, and Amazon.
• By the end of 2023, the overall revenue earned by the cloud gaming market is supposed to be $4.34 billion with a CAGR of 39.32% from 2023 to 2028.

What are Cloud Gaming Services?

Cloud gaming are advanced streaming service those are implemented with enhanced technology that provides content of high quality at the cost of server capacity and internet bandwidth. These cloud gaming services are different from other gaming servers as they act as consumer-centric products and offer several games from various categories with effective subscription fees.

The best features of cloud gaming services are independence to game anywhere, can be played mostly on all devices such as iPhones, Android, Linux, Mac, Windows, etc.

General Statistics

• According to the reports of Statista 2023, the demand for cloud gaming services has increased around the world due to the increasing high-speed internet accessibility along with the growing popularity of gaming.
• The estimated market revenue earned by the United States in the cloud gaming industry is almost $1,277 million.
• In 2023, the user penetration rate of the overall industry is 3.8% and is expected to increase up to 6.3% by the end of 2028.
• The average revenue per user in 2023 is going to be accounted around $14.70.
• By the end of 2023, the overall revenue earned by the cloud gaming market is supposed to be $4.34 billion with a CAGR of 39.32% from 2023 to 2028.
• The top 5 cloud gaming market companies are Alibaba Group Holding Ltd., Alphabet Inc., Amazon.com Inc., Apple Inc., BLACKOUT

(Source: technavio.com)

• North America is the key region of the cloud gaming market and is estimated to grow at a CAGR of 48% by 2027.

Facts of Cloud Gaming

• According to the reports of Scoop Market, in the cloud gaming services, Amazon Luna and Google Stadia have received higher satisfaction levels with 69% and 58% respectively.
• From 2021 to 2027, the market growth of cloud gaming services in the Asia Pacific region is expected to grow at a CAGR of 66.2%.
• As Statista reports, revenue earned by the North American region is going to be $1.42 billion by the end of 2023.
• Europe is going to earn market revenue of around $1.11 billion in 2023 and in the African region; it is expected to be $37.39 million by the end of 2028.

(Reference: statista.com)

• As of March 2023, the total number of PlayStation Plus Premiums around the world was almost 47.4 million.
• The subscription rate remained highest in December 2021 with around 48 million subscriptions in the cloud gaming services.
• In the United States, the brand awareness of Amazon Luna is 39% in 2023.
• Whereas,13% of U.S. video game subscribers have preferred using Amazon Luna and by the end of 2023 almost 11% of video game subscription users are likely to use Amazon Luna again.
• As of June 2023, around 16% of subscribers in the U.S. have just heard about Amazon Luna.
• In May 2023, approximately 6% of the United States people have subscribed to Amazon’s cloud gaming subscription service and Amazon Luna+

Global Revenue of Cloud Gaming

(Reference: statista.com)

• According to the Statista report analysis, the revenue earned by the cloud gaming market in 2023 is expected to be $4.43 billion.
• Furthermore, in coming years expected market revenue earned is followed by 2024 ($6.91 billion), 2025 ($10.46 billion), 2026 ($14.64 billion), 2027 ($18.71 billion), and 2028 ($22.78 billion).

Best Cloud Gaming Services

(Source: futurecdn.net)

• Xbox Game Pass Ultimate (per month costs $10 to $15)
• These are used in PC, Xbox One, Xbox Services X/S, mobile, Web browser, and smart TV with a resolution above 1080p.
• The network requirements are 20 Mbps or 10 Mbps

(Source: futurecdn.net)

• Nvidia GeForce Now (monthly costs $20)
• The platform usages are PC, Mac, Chrome OS, Web browser, mobile, and Smart TV with resolutions up to 4K.
• The required network of cloud gaming services is 45 Mbps or 15 Mbps.

(Source: futurecdn.net)

• PlayStation Plus Premium (monthly cost is around $18)
• These are used in PC, PS4, and PS5 with resolutions up to $1080p.
• The network requirements are 15 Mbps and 5 Mbps.

(Source: futurecdn.net)

• Amazon Luna (costs $10 per month)
• They are used on PCs, Macs, Amazon Fire devices, mobile, and smart TVs,
• Resolution used above 1080p and network requirement is above 10 Mbps.

Cloud Gaming Services Subscription Statistics by Type

(Reference: statista.com)

• According to Statista survey reports 2023, in the United States 32% of gamers have subscribed to Xbox Game Pass.
• As of May 2023, the Xbox Game Pass is segmented by types followed by total gamers are about 13%, interested in cloud gaming (20%), and used cloud gaming in the last month (24%).
• Nvidia GeForce Now subscription rate among U.S. gamers is approximately 3% of subscribed respondents.
• According to the reports of Maru Entertainment and Technology, 50% of gamers have heard about cloud gaming services, 41% of gamers never heard, and 9% are not sure.

Cloud Gaming Services by Subscribe Rate

(Reference: marugroup.net)

• According to the reports of Maru Group, 16% of people have subscribed cloud gaming services of Xbox GamePass Ultimate.
• Furthermore, other cloud gaming services of subscriber statistics are followed by PlayStation Now (15%), Amazon Luna (10%), Google Stadia (9%), NVIDIA GeForce Now (6%), Shadow (5%), Blacknut (5%).
• Other less subscribed cloud gaming services are Vortex (4%), Rainway (4%), Paperspace (4%), NetBoom (3%), PlayKey (3%), and Boosteroid (3%).

Gaming Industry Statistics Cloud Computing Services

• According to the reports of Rapyder, the global market share of cloud gaming is expected to increase by $90.8 billion by the end of 2025.
• As of 2023, in India, the cloud gaming market is around $2.6 billion and by the end of 2027, it is expected to be $8.6 billion.
• The fastest-growing region of the cloud gaming industry is Asia Pacific, which is expected to reach a CAGR of 10.5% from 2021 to 2026.
• In the global cloud gaming industry 50% of market share is accounted via mobile games in 2023.

Advantages of Cloud Gaming Services

GeForce Now

• This is commonly termed as NVIDIA GRID and this is the oldest cloud-based gaming platform.
• This enables full HD 1080p video quality without any input lag along with supporting different platforms such as Steam, Epic, Uplay, and Battle.net.

Shadow

• This service is accessible within high-end gaming computers along with enabling performance levels up to 144 Hz (Full HD), and 60 Hz (4K UHD).
• For effective and smooth services the minimum internet speed requirement is 15Mbps.
• Whereas, the cloud storage ranges between 256 GB to 2 TB Applications used are Windows, macOS, Android, i0S, Android TV, AND Apple TV.

PlayStation Now

• The monthly subscription rate of this service is around $9.99.
• This is available in 12 countries such as Switzerland, The Netherlands, Austria, Belgium, Canada, Ireland, Japan, Luxembourg, the UK, France, Germany, and the USA.
• This is comparatively cheaper than other cloud gaming services.

BlackNut

• The monthly subscription rate of BlackNut is around $12.99, as of 2023.
• On this platform, more than 500 games are available in different genres.
• The option of parental control is available for creating 5 different accounts.
• The most used applications are Windows, macOS, Amazon Fire TV, Android, and some selected smart TVs.
• Available both on Chromecast as well and Firestick.

Xbox Cloud Gaming

• According to Techworm reports, this service supports more than 100 gaming titles which require a minimum internet speed of 7-10 Mbps.
• More than 100 video gaming titles are available.

Conclusion

As of today, after completing the article on Cloud Gaming services it can be easily stated that the market share as well as popularity of cloud gaming is growing enormously around the world. In recent years the most exciting innovation is cloud gaming and the best available cloud gaming services are GeForce Now, Shadow, PlayStation Now, BlackNut, Vortex, and Xbox Cloud Gaming. This article includes possible effective statistics hope, will help in understanding the topic effectively.

Source:: Coolest Gadgets

By Thomas Macaulay

Dutch startup Nuwa claims to have invented the “world’s most advanced pen” that digitises notes written by hand. Nuwa plans to launch the device this March. The Groningen-based company today announced a fresh cash injection of €1.5mn to boost the development of the product, which uses an inbuilt camera system, motion sensors, and algorithms to capture text written on paper. “Just write, and Nuwa Pen digitises,” Marc Tuinier, Nuwa’s CEO, told TNW. All the notes are then stored on the startup’s app. They can then be organised, shared, and integrated with other apps. A particularly intriguing feature is Augmented Notes, which…

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Source:: The Next Web

By Aaron Mamiit

MasterClass memberships are 40% off in the streaming platform’s New Year Offer. Learn from trusted instructors in online classes, any time and on any device.

Source:: Digital Trends

By Barry Elad

Introduction

Smartwatches Statistics: As of reports, the market size of the global smartwatches industry is expected to reach $77.22 billion by the end of 2030 and $25.61 billion by and the market is going to grow at a CAGR of 14.84% from 2023 to 2030. The markets of smartwatches are growing due to the increasing penetration of the internet and the higher sales rate of smartphones are influencing positively.

The market is segmented by distribution channel, application, operating system, shipment units, region, countries, etc. These Smartwatches Statistics include insights from various aspects that provide light on why Smartwatches are becoming so popular among every individual around the world.

Editor’s Choice

• As of reports, the global revenue earned by the smartwatch segment over other smart wearables is expected to generate around $44.91 billion from 2023 to 2027.
• According to the report of Mordor Intelligence, the smartwatch market shipment volume in 2023 is supposed to be 134.12 million units and 456.89 million by the end of 2028 with a CAGR of 27.78% from 2023 to 2028.
• According to the study of Demand Sage, around the world, there are more than 219.43 million smartwatch users of which men and women users are 23% and 21.8% respectively in 2023.
• Around 184 million smartwatches are expected to be sold out by the end of 2023.
• By the end of 2023, the market valuation of smartwatches around the world is expected to be  $37.70 billion.
• As of 2024, the total market revenue of the smartwatch is predicted to reach $47.94 billion and expected shipments are supposed to be around 180 million.
• Smartwatches are used by 12.2% of Americans in 2023 and 3 out of 10 internet users are currently using.
• Almost 92% of worldwide users use smartwatches to check their health and fitness.
• As of the report in 2023, Apple is the dominating brand of smartwatches among others with the largest market share of 30%.
• According to Fortune Business Insights reports, based on the operating system the IOS holds the highest market share of the global Smartwatch market is 53.44% followed by Android.
• According to Statista report analysis, in 2023 highest revenue generated by China’s smartwatches market is expected to reach $16,920 million.
• The market size of North American Smart Watch is expected to reach around $39.75 billion in  2023 and $85.71 billion by the end of 2028.

(Source: mordorintelligence.com)

What is Smartwatch?

A smartwatch is an electronic wristwatch that is embedded with advanced technologies such as different types of biosensors, IoT, Bluetooth, and GPS. They allow you to answer calls, read text messages, emails, weather updates, etc. Other unique features of smartwatches are monitoring heart rate, sleep pattern, blood pressure, step counting, spatial detection, and fitness tracking. These smartwatches are available for different purposes including hiking, climbing, diving, aviation, and visual assistance.

As of 2023, top productions of smartwatches are Apple Watch SE, Apple Watch Series 7, Fitbit Sense, Fitbit Versa 3, Garmin D2 Delta PX, Garmin Descent Mk2 Series, Garmin Vivoactive 4, Mobvoi TicWatch Pro 3, Motorola Moto 360, Samsung Galaxy Watch4, and Suunto 9 Baro.

General Statistics

• According to report from Statista, revenue earned by the smartwatches market is projected to reach around $44.15 billion by the end of 2023.
• As Statista reports, the market volume of smartwatches is expected to reach around $62.46 billion by the end of 2028 with a market share of 7.19% from 2023 to 2028.
• In the year 2023, the market penetration of smartwatches is 2.86% and expected to be 2.88% by the end of 2028.
• The average revenue earned per user of smartwatch industries is expected to be $201.20.
• As of 2023, revenue generated by China’s smartwatches market is expected to reach $16,920 million.
• As of reports in September 2023, Apple has launched a new smartwatches series 9 along with best-selling features which has achieved a significant environmental milestone.
• By the end of 2032, the market size of smartwatches around the world is expected to be $164.7 million from 2022 to 2032.
• According to the reports of Counterpoint research, by the end of September 2023, the global market share of smartwatches has grown by 11.1% with almost 35 million shipments from last year.

Smartwatch Market Statistics

(Source: gminsights.com)

• As of Global Market Insights report analysis, the market valuation of Smartwatch has accounted for $33.5 billion in 2022 and $90.4 billion by the end of 2032.
• On the other side, the market growth is expected to reach a CAGR of 10.5% from 2023 to 2032.
• In 2022, the Market share of the North American region was more than 41%.
• Whereas, the highest segment valuations are the OLED segment (91%), and the Running segment (41%).

Smartwatches Statistics by Brand Shipment

(Reference: counterpointresearch.com )

• As of the above graph analysis, in the 1st quarter of 2023, the global smartwatch brand shipment market size by top brands is Apple (26%) and others are followed by Samsung (9%), Fire Boltt  (9%), and others (56%).
• In the 2nd quarter of 2023, the global smartwatch brand shipment market sizes by brands are followed by Apple (22%), Huawei (10%), Noise (10%), and others (58%).
• In the 3rd quarter of 2023, the global smartwatch brand shipment market sizes by brands are followed by Apple (22%), Fire Boltt (10%), Huawei (9%), and others (59%).

Smartwatches Statistics by Operating System

• According to Fortune Business Insights reports, based on the operating system the IOS is holding the highest market share of the global Smartwatch market is 53.44% in 2022 followed by Android.
• Whereas, in the United States the IOS operating system has secured the highest market share of  63.98%.

Smartwatches Statistics by Market Leaders

(Source: mordorintelligence.com)

• According to Juniper Research analysis, it is predicted that by the end of 2023, the 4 biggest market leaders of Smartwatches such as Apple, Fossil, Fitbit, and Samsung are going to hold a  market share of 47%.
• According to Business of Apps reports, the total revenue generated by Apple Inc. in 2023 is supposed to be $383.2 billion.
• According to the reports of Apple World Today, in the 2nd quarter of 2023, Apple sold 8.1 million smartwatches which accounted for a market share of 18%.

(Reference: mordorintelligence.com)

• As of 2023 reports, the market of Apple Smartwatch is expected to be 32% of the share.
• In 2023, Samsung OS Smartwatch brands are termed as the world’s best-selling wearable with a  market share above 10% around the world.
• As of the above graph analysis, in 2023 market share of top manufacturers of Smartwatches is followed by Huawei (7%), Garmin (4%), Fitbit (1%), and others (46%).

Statistics by Demographics

• According to the reports of Demand Sage, around the world, there are more than 219.43 million smartwatch users in 2023.
• In coming years, total number of expected smartwatch users around the world are followed by  2024 (224.31 million), 2025 (226.89 million), 2026 (226.89 million), 2027 (229.64 million), 2028  (230.85 million).
• As of 2023, the percentage of male and female users statistics by age group are followed by 16 to 24 years (21% and 19.6%), 25 to 34 years (26.9% and 27.2%), 35 to 44 years (25.5% and 24.5%), 45 to 54 years (20.9% and 18.6%), and 55 to 64 years (16.1% and 12.7%) respectively.
• According to Pew Research, in 2023 around 24% of smartwatch users belong to suburban areas,  urban areas (20%), and rural areas (18%).
• Smartwatch users share statistics by countries followed by Poland (26.5%), China (20.9%),
  United Kingdom (15%), Germany (14.5%), India (13.8%), United States (12.2%), France (12.1%),  Japan (2.4%), and Morocco (2.1%).

Smartwatches Revenue Statistics by Countries

• According to Statista report analysis, in 2023 highest revenue generated by China’s smartwatches market is expected to reach $16,920 million.
• Furthermore, other countries smartwatches market size in 2023 are followed by India ($102.10  million), South Korea ($0.95 billion), France ($0.90 billion), Australia ($369.70 million), Belgium  ($199.60 million), Brazil ($203.50 million), Canada ($0.46 billion), China ($16.92 billion),  Colombia ($129.30 million), Denmark ($168.60 million), Egypt ($143.40 million), Germany  ($0.83 billion), Hong Kong ($77.92 million), Indonesia ($10.20 million), Germany ($0.83 billion),  Greece ($34.05 million), Italy ($0.70 billion), Japan ($0.92 billion), Kuwait ($29.78 million),  Latvia ($17.09 million), Lithuania ($43.93 million), Mexico ($139.30 million), Myanmar ($26.44  million), Nepal ($18.34 million), Netherlands ($294.80 million), New Zealand ($174.60 million),  Norway ($163.50 million), Philippines ($75.71 million), Russia ($453.80 million), South Africa  ($109.70 million), Switzerland ($336.40 million), Taiwan ($50.45 million), Thailand ($90.78  million), Turkey ($305.50 million), United Arab Emirates ($140.30 million), United Kingdom  ($0.83 billion), and the United States ($12.87 billion).

Smartwatches Statistics by Region

(Source: mordorintelligence.com)

• As of the above graph analysis, the market size of North American Smart Watch is expected to reach around $39.75 billion in 2023 and $85.71 billion by the end of 2028 with a CAGR of 16.61%.
• The market size of the European Smart Watch in 2023 is supposed to reach around $5.51 billion and $9.27 billion by the end of 2028 with a CAGR of 9.79% from 2023 to 2028.

(Source: mordorintelligence.com)

• As of the above graph analysis, the market size of Asia Pacific Smart Watch is expected to reach around $43.13 billion and $105.93 billion by the end of 2028 with a CAGR of 19.69% from 2023  to 2028.
• The market share of Smartwatch in Latin America and the Middle East region is expected to grow at a CAGR of 13.40% and 5.2% from 2023 to 2028 respectively.
• According to Allied Market Research analysis, In the European region highest market share was accounted for by the United Kingdom, and the fastest-growing country in the market of Smartwatch is Italy with a CAGR of 15.47%.

Smartwatches Statistics by Apps

(Reference: mordorintelligence.com)

• Leading fitness and sports apps used in smartwatches are My Fitness Pal, Fitbit, Strava, WW,  Workouts by Muscles Booster, Peloton, Fitness Coach, and amp; Diet, Noom, and Keep.
• As of the above graph analysis, the market share of apps in 2022 is followed by My Fitness Pal  ($8.98 million), Fltbit ($8.14 million), Strava ($5.66 million), WW ($5.56 million), Workouts by muscles booster ($3.69 million), Peloton ($3.5 million), Fitness Coach and amp; Diet ($2.74  million), Noom ($2.32 million), and Keep ($2.18 million).

Smartwatches Statistics by Website Traffic

By Country

(Source: similarweb.com)

• As of November 2023, the United States of America had 5.5% of total traffic on smartwatch.com.co, but it recorded a decrease in total website visitors by 4.04%.
• Other countries recorded the following contribution in total traffic: Chile = 4.53% (+7.03%), Russia = 4.52% (-6.96%), the United States = 4.31% (-2.8%), South Africa = 4.25%, and other countries collectively made around 76.89%.

By Age Distribution

(Reference: similarweb.com)

• As of November 2023, the smartwatch statistics by the demographic state that, the highest
  number of gamers observed is between the age group of 25 years to 34 years resulting in
  35.03%.
• There are 26.74% of smartwatch users aged between 25 years to 34 years.
• 12.86% and 11.72% belong respectively to 18 years to 24 years and 35 years to 44 years.
• 8.71% of users are aged between 55 years to 64 years.
• And there are 4.93% of Smartwatch users contributing from the age group of 65 years+.
• As of 2023, total male and female users of Smartwatches are 68.24% and 31.76% respectively.

Smartwatches Statistics by Reason

• As to reports, the main reason for using smartwatches is to help in tracking and maintaining health and fitness (92%).
• Furthermore, other reasons are followed by allowing users to achieve fitness goals (88%),
  helping users in doing regular exercises (48%), and increasing steps (34%).
• GenZ (56%) and Millennials (46%) use smartwatches for tracking sleep and heart rate.

Why Smartphones are used?

(Reference: statcdn.com)

Conclusion

As of today, after completing the article on smartwatch statistics it can be stated that this portable device is unobtrusive and easy to carry. They are included with a variety of healthcare applications, which is possible only due to the availability of advanced technology those are supplied with biosensors. Several effective statistics are described elaborately above and hope all the above information will help you understand the detailed market analysis of smartwatches.

If still you are not using one then, surely after going through this article you will be purchasing a smartwatch for yourself.

Source:: Coolest Gadgets

By Thomas Macaulay

Britain is set to test facial verification tech that removes the need for passports, but experts have dashed hopes of a full launch this year. The project was unveiled this week by Phil Douglas, the director-general of the UK’s Border Force. Douglas told the Times that he aims to install new e-gates at airports that create an “intelligent border.” By integrating enhanced facial verification, the system would make physical travel documents unnecessary. Trials of the tech are expected to start this year. A full rollout, however, remains a more distant prospect. Andrew Bud, the CEO at British biometric leader iProov, told TNW that…

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Source:: The Next Web

By Ioanna Lykiardopoulou

With more and more EVs on the road, the need for battery recycling and reuse has emerged as a necessity to further enhance the sustainability of these vehicles. But there’s another component whose potential for a second life could be a game changer: the electric motor.  Extending the use phase of electric motors is crucial for two reasons. Firstly, they contain valuable raw materials such as copper and rare earth metals such as neodymium, which can’t be easily recovered. Secondly, the raw materials used for the motors have a larger carbon footprint than those used for a combustion engine.  Current…

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Source:: The Next Web

By Hisan Kidwai

Unlike iOS, Android as a platform thrives on allowing users to customize their phones and make them work according to their needs. And the biggest driving force behind this mantra is developer options. Unfortunately, many users are unaware of these features, and enabling the wrong setting could potentially lead to issues. Here are some of…

The post 20 Useful Android Developer Options You Should Enable Today appeared first on Fossbytes.

Source:: Fossbytes