The digital fitness and well-being devices segment is forecast to reach $96.37 billion this year with an annual growth rate (CAGR 2023 to 2027) of 9.88 percent.
This would result in a projected volume of $140.47 by 2027, according to figures from Statista.
These devices not only include wrist-based models, but also clip-ons and fitness-tracking rings.
Products have also launched for children, including the Fitbit Ace 2, and even for pets, such as Fido.
With digital fitness expecting a boost in 2023, IFA Newsroom has put together a selection of the top latest trackers according to their USP.
Fitness trackers better suited for tracking heart rate are chest straps such as the Polar H10 are slightly more accurate compared to wrist-based technology as they are aligned closer to the heart and measure its activity directly.
Wrist band trackers, on the other hand, operate via optical heart rate sensors which calculate your heart rate by shining light into your skin and measuring blood flow.
Among sports trackers, the Fitbit Aria Air is a popular choice, which sends the user’s weight directly to their account.
However, different trackers are suited for different kinds of sports. For example, runners often require a device that shows time, distance, pace, and lap time as a minimum.
Companies like Garmin and Polar are ideal for cyclists who want to track how many miles they pedal and the calories they burn versus monitoring their power and cadence. The brands also offer more advanced trackers that pair with additional bike equipment, like a cadence sensor.
Digital fitness trackers specifically designed to record sleep generally watch for movement using a three-axis accelerometer to a more sensitive degree than they do during the day.
Most devices have graphs in their companion app that show the duration of your light, deep, and REM sleep. Some also track breathing overnight. Samsung Galaxy Watches are a popular choice with the added feature of tracking snoring.
Sleep Number 360 Smart Bed is an alternative for those who do not like wearing a wrist strap to bed.