Smart Scale Market Outlook:
The global smart scale market was valued at USD 3,184.0 Million in 2021 and is likely reach to USD 5,189.5 Million by 2030, expanding at a CAGR of 5.7% during the forecast period 2022-2030. A smart scale is an electronic device that is used by humans for measuring body weight. A smart scale tracks changes in the body and displays the data in an App that is linked with the user’s device.
Smart scales offer a variety of extra functions to help customers in achieving their fitness and wellness goals easily. Smart scales have features of tracking data, storing data, and communicating with other smart devices such as smartphones, smartwatches, and fitness trackers. These features allow users in setting goals, chart progress, and share statistics.
Smart scale devices record biometric information such as water percentage, body fat percentage, resting heart rate, bone mass, muscle mass, fat-free body weight, and other information about a person’s health through Bioelectrical Impedance Analysis (BIA).
Changing’ lifestyles of consumers and rising concerns on high consumption of unhealthy food are the major factors promoting the growth of the smart scale market.
Scope of Smart Scale Market Report
The report on the global Smart Scale market includes an assessment of the market, size, share, trends, segments, and country markets. Overview and dynamics have been included in the report.
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Attributes
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Details
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Report Title
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Smart Scale Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2021
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Historic Data
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2019 & 2020
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Forecast Period
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2022–2030
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Segmentation
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By Type (Glass Platform and Stainless Steel Platform), By Application (Residential, Gym, Health Facilities, and Others), By Distribution Channel (Online and Offline)
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Regional Scope
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North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered
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Fitbit, Withings, Blipcare, Tanita, Taylor Precision Products Inc, iHealth Lab, Inc, Qardio, Inc, Garmin Ltd., Eufy , PICOOC, Xiaomi, Shenzhen Yolanda Technology Co.,Ltd, Pyle
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Smart Scale Market Dynamics
Government initiatives for promoting digital health programs and e-health platforms
Governments of various nations are promoting and supporting healthy eating habits associated with rising number of overweight and obese population. Governments are improving access for people to consume safe, healthy, and affordable foods, recommending healthy eating strategies such as reducing consumption of calorie-dense and nutrient-poor foods, and continuously promoting awareness related to the importance of healthy eating among consumers.
Several initiatives are taken by governments to promote digital health programs and e-health platforms. These programs and platforms help consumers in maintaining a healthy lifestyle at home, which increases the adoption of smart scales in the household sector. This is expected to fuel the market in the coming years.
Increasing dependency on smart technologies
Growing adoption of smart products and solutions increases the consumer’s dependency on smart technologies. Smart scales provide accurate and reliable results as compared to analog scales.
Increasing demand for smart scales among consumers is attributed to advanced functionality offered by smart scales such as BMI, heart rate monitoring, water resistance, corrosion resistance, and multisport tracking. Rising trend of using smart technologies to represent status symbols and shifting preference from analog scales to smart scales by young customers are boosting the market.
Issues related to smart scale connectivity
Smart scale users face difficulties while syncing to different fitness devices. Various errors occur while connecting the device with smart scales. These errors include low cellular coverage, low battery, and time out. Smart scales display data & information on a particular app that is downloaded on smartphone, smartwatches, and laptops.
These devices work through the internet, which increases concerns related to data privacy & security among consumers. A hacker can hack the user’s device and impede the function of the smart scale by triggering a special request via BLE (Bluetooth Low Energy).
Technological advancements in smart scales
Growing penetration of advanced technologies such as Artificial Intelligence (AI) in smart scales is creating opportunities in the market. DynoSense Corp, a medical company based in California, created Adore, an AI-powered smart scale.
Adore offers a complete picture of health and personalized tips for improving the wellness of users. Additionally, Adore scans the entire body including body water, fat content, BMI, muscle mass, and bone density.
The overall information is displayed in the Adore app, which lets users set specific goals and analyze their personal data through AI algorithms. Adore also helps users in developing training and wellness plIts real-time coaching feature guides users throughout the day by sending reminders to drink water, stretch, and stand up, which is expected to create opportunities for market players.
Smart Scale Market Segmental Outlook
Based on Types, the global smart scale market is bifurcated into glass platform and stainless steel platform. The glass segment is estimated to expand at a significant CAGR during the forecast period. Glass-based smart scale offers a maximum weight-bearing capacity, which is driving the market.
By Application, the global smart scale market is primarily segmented into residential, gym, health facilities, and others. Continuous growth in unhealthy lifestyle is raising the incidences of diabetes, heart diseases, obesity, strokes, and high blood pressure, thus generating opportunities for the market players and boosting the segment.
Growing health awareness among women and shifting preferences towards the adoption of a healthy lifestyle are fueling the segment. High growth of the segment is attributed to the changing and busy lifestyle of consumers.
By Distribution Channel, the global smart scale market is divided into online and offline. The online segment is expected to hold a significant share of the market, due to growing number of e-commerce vendors in developed and developing countries and innovative delivery options offered by vendors such as same-day delivery.
Smart Scale Market Regional Outlook
Based on Region, the global Smart Scale market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). The market in North America is expected to hold a significant share of the market during the forecast period, due to high spending rate in the region and large number of people who go to gyms in the region.
Rising trend of joining multipurpose health and fitness clubs among people of all ages, due to a wide variety of services offered by them such as various equipment and customized programs, is driving the market in North America.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Smart Scale Market
- Historical, Current and Projected Market Size in terms of Value & Volume.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Smart Scale Market Performance
Segments
By Type
- Glass Platform
- Stainless Steel Platform
By Application
- Residential
- Gym
- Health Facilities
- Others
By Distribution Channel
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Key Players
Competitive Landscape
- Top players in the market include Fitbit, Withings, Blipcare, Tanita, Taylor Precision Products Inc, iHealth Lab, Inc, Qardio, Inc, Garmin Ltd., Eufy, PICOOC, Xiaomi, Shenzhen Yolanda Technology Co.,Ltd, and Pyle.
- The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the smart scale market.
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