Portable Power Bank Statistics: As to reports, the market size of portable power banks is expected to reach around $13.87 billion by the end of 2023 and $19.21 billion by the end of 2030. The market growth of portable power banks is increasing due to the increasing adoption of mobile phones and Smartphones. The portable power bank offers high-speed charging with a capacity range of around 10,000mAh to 20,000mAh. In the coming future researchers are expecting that every company of wireless charging power banks will grow enormously.
These Portable Power Statistics include insights from various aspects that provide light on how fast the power bank industry is growing around the world.
(Source: cloudfront.net)
Editor’s Choice
According to the reports of Future Market Insights, in 2023 the global market size of the portable power bank is estimated to reach around $16.89 billion.
On the other side, by the end of 2033, the industry is going to be $55.34 billion with a CAGR of 12.6% from 2023 to 2033.
According to the reports of Global News Wire, the global market share of power banks in 2023 is predicted tobe $12.54 billion, which has increased from last year.
The global market size of the industry is expected to grow at a CAGR of 6.3% from 2023 to 2031.
As of reports, the largest market share in 2023 is going to be accounted for by the Asia Pacific region (65%).
According to Statista reports 2023, MAXAOK power banks have the highest battery capacity of 50,000mAh around the world.
The highest market value is going to be achieved by the United States with around $8.57 billion at a CAGR of 11.3% from 2023 to 2033.
As of reports, in 2023 the leading technology of portable power bank is to emerge as Lithium-ion Battery.
The global market size of lithium-ion batteries is supposed to grow around $54.4 billion by 2023.
What is a Portable Power Bank?
Power banks are termed rechargeable batteries or chargers which are placed within a case that provides additional life to the battery when needed for charging smartphones, smart watches, tablets, and computers. They are available in different variations such as slim size, pocket-friendly size, larger size, lower, and higher capacity. According to Vantage market research; 2030 the portable power bank market size is expected to grow up to $26.35 billion by 2030 with a CAGR of 10.20% from 2023 to 2030.
Advantages of Portable Power Bank
The portable power banks allow for boosting the device’s battery life as these days people are heavily dependent on smart devices in every field of life.
Power banks can be used in Smartphones, smart watches, laptops, desktops, and other electronic devices.
This device allows you to stay connected anywhere, and anytime mostly during outdoor adventures and long-distance flights.
The significant advantages are compact, lightweight, and easily transported into pockets, handbags, and backpacks.
This device enables multiple device charging, high-speed charging, board compatibility, long lifespan, and economical.
Facts on Portable Power Bank
According to market research, around 65% of college students chose to purchase portable power banks.
These days, multiple power bank manufacturers are working on portable power banks to equip devices with Type-C USB connectivity.
The growth factors of the portable power bank industry are due to the increasing demands in the sectors of Smartphones, automobiles, and electronic device manufacturing companies.
The category of portable power bank varies in capacity range such as 1,000 MAH to 2,500 MAH; 2,510 MAH to 5,000 MAH; 5,010 MAH to 7500 MAH; 7,510 MAH to 10,000 MAH, and above 10,000 MAH.
According to Vantage market research, the popular type of portable power bank is Lithium-ion cells that can be recharged more than 500 times.
The best example is the RAVPower Portable Charger External Battery Pack is Qualcomm Quick Charge 3.0 which offers around 20800mAh capacity.
General Statistics
(Source: mordorintelligence.com)
As of the above graph analysis, the global market share of portable power banks in 2023 is predicted to be $12.54 billion.
By the end of 2028, the market share is expected to increase by $18.77 billion with a CAGR of 8.40% from 2023 to 2028.
The fastest and largest growing region is the Asia Pacific region and North American region respectively in 2023.
The leading players in the industry are Lenovo, Panasonic, Philips, MI, and RealMe.
The largest product type segment of the industry is 10001mAh to 20000mAh with a share of more than 80%.
The top 5 manufacturers of the global portable power bank are MI, Romoss, Anker, Sunvalley, and Samsung which make a share of more than 10% in the year 2023.
Portable Power Bank Statistics by Country
In 2023, the North American region is dominating the overall market share of portable power banks around the world.
However, the highest market share is to be attained by China in 2023 and the market value is expected to reach above $14.03 billion with a CAGR of 14.1% between the years 2023 and 2033.
The 2nd highest market value is going to be achieved by the United States with around $8.57 billion at a CAGR of 11.3% from 2023 to 2033.
The sales in the European region are also flourishing and in the United Kingdom, the market value of the portable power bank industry is going to be $1.44 billion by 2033 at a CAGR of 10.9% during the forecasted year.
Portable Power Bank Statistics by Region
(Source: coherentmarketinsights.com)
As of reports, the largest market share of portable power banks in 2023 is going to be accounted for by the Asia Pacific region resulting in 65%.
Furthermore, other regional shares of this industry are followed by North America (15%), and Europe (15%) respectively.
Lastly, the Middle Eastern African and Latin American share of the industry did not increase much around 7% and 4% respectively.
Portable Power Bank Statistics by Technology
According to the reports of Grand View Research, the global market size of lithium-ion batteries is supposed to grow around $54.4 billion by 2023.
Whereas, the compound annual growth rate from 2024 to 2030 is expected to be 20.3%.
(Source: statista.com)
The above graph describes the global market distribution of lithium-ion battery makers from January to August 2023.
The highest percentage of battery makers share was achieved by CATL (36.9%).
Furthermore, other distributions of lithium-ion battery makers are followed by BYD (15.9%), LG Energy Solution (14.2%), Panasonic (7.1%), SK On (5.1%), CALB (4.7%), Samsung SDI (4.1%), Gotion High-tech (2.1%), Eve Energy (2.1%), and Sunwoda (1.4%).
On the other hand, according to the reports of Industry ARC, the estimated market size is around $6.5 billion by the end of 2027 with a CAGR of 7.1% from 2022 to 2027.
According to the Research Nester reports, by the end of 2035 the market size of Nickel Cadmium Batteries is expected to reach $2 billion with a CAGR of 3% from 2023 to 2035.
Portable Power Bank with Battery Capacity
(Source: statista.com)
As of the above graph analysis, the MAXAOK power banks have the highest battery capacity of 50,000mAh as of September 2023.
Furthermore other portable power banks battery capacity are followed by Anker PowerCore+ 26800 (26,800mAh), Anker PowerCore III Elite (25,600mAh), Anker PowerCore (20,100mAh), Omni 20 USB-C (20,000mAh), Muto (20,000mAh), Mophie Powerstation Plus with built-in cables (12,000mAh), and INU (10,000mAh).
Types of Portable Power Banks
Goal Zero Flip 24 Power Bank (best portable power banks for hiking purposes).
BioLite Charge 80 PD Power Bank (best for backpacking)
Goal Zero Yeti 200X Portable Power Station (best for car camping) and Goal Zero Yeti 500X Portable Power Station (best for large group car camping).
BioLite BaseCharge 1500 (best for extended trips)
EcoFlow DELTA max Portable Power Station (best for emergencies)
Best Portable Power Banks of 2023
(Source: amazon.com)
UGreen 145W Power Bank (best power bank for charging tablets and laptops)
The battery backup of the charger is 25,000mAh and can charge a laptop at 100W.
These chargers include two USB-C ports and one USB-A port.
iPhone 14 Plus can be charged at 26W, Z Fold 5 can be charged at 22W, and 96W for laptops.
This is available at Amazon which costs around $90 – $150.
(Source: amazon.com)
Iniu Portable Charger (best power bank on a budget used for phones and tablets)
The batter backup is around 10,000mAh, and very compact which can be easily carried within pockets.
These power banks have 2 normal USB ports and a single USB-C port
This is also available at Amazon that costs around $18
(Source: media.cnn.com)
Anker 521 Power Bank ( best portable power banks for phones)
The battery backup capacity is 5000mAh available.
They include 2 USB-C ports each capable of generating 45W of power.
Conclusion
As of today, after completing the article on Portable Power Bank it has been assumed that the overall market is growing enormously due to the adoption of the huge amount of Smartphones around the world. The portable power banks can charge a Smartphone 3 times more than others. The advanced technology used in such devices has improved the features of super-fast charging capabilities and enables 2 to 3 USB ports for charging multiple devices. This article includes many effective statistics that are described elaborately and hope will help you understand the topic better.
Nike Statistics: Nike is a multi-national corporation engaged in manufacturing, developing designs global marketing, as well as the sales of equipment, footwear development,
clothing and services. Nike is the biggest provider of athletic footwear and clothing, as well as a major producer of sporting equipment. Its headquarters are located near Beaverton, Oregon, in the Portland metropolitan area. It was founded by Bill Bowerman and Phil Knight in the name of “Blue Ribbon Sports” on January 25 1964. The company was officially renamed “Nike Inc.. on May 30th 1971. Nike also produces sportswear and equipment. Nike also operates retail stores under the name Nike Town. Nike has a long-standing relationship with famous athletes and teams across the world and is famous for its logos “Just Do It” and the Swoosh Logo. We’ll provide more details about Nike Statistics within the following article.
Editor’s Choice
As of 2021, the United States is Nike’s biggest market, generating almost $17.2 billion in revenue.
In 2022, the company spent $3.1 billion on marketing and promotion.
Nike has become among the 50 most valuable companies globally, with a market capitalization of $197.8 billion.
Nike and the Nike swoosh logo have been registered in 170 jurisdictions worldwide.
Nike’s Annual Revenue in 2022 was $46,710 million.
As of 2022, Nike operates a total of 1,046 retail stores globally.
According to Forbes, Nike is the world’s 13th most valued brand, having passed Adidas, which is 51st.
In February 2022, Nike.com had almost 98 million visits.
American visitors accounted for 34% of total visitors, whereas the Republic of Korea was in second place at 11%, followed by the UK in third place.
In 2021, Nike held about 27% of the United States sports footwear market.
In the second quarter of the 2022 fiscal year, sales for NIKE Direct grew by 16% to $5.4 billion, and digital sales grew by 25%.
Nike’s revenue includes buildings valued at $2.44 billion and machinery and equipment valued at $2.75 billion.
As of February 2023, Nike has a market cap of $197.43 Billion.
Nike placed 85th in the Fortune 500, declaring that it is the 85th largest company in America in terms of revenue.
Nike Revenue Statistics
As compared to the value of 2017, Nike’s shoe revenue has increased by 38.4% in 2023.
In 2020 and 2021, Nike’s total revenue was $23.3 billion and $28.0$28.0, respectively, with growth rates of 8.5% and -3.7%, respectively.
(Reference: runrepeat.com)
Nike’s revenue dropped 3.75 percent during the pandemic in 2021.
Roughly, the total sales of Nike footwear did not decrease. This deduction in the rate is caused by the increase in sales of Nike apparel, which took up 29% in 2021 and 29.9% in 2022.
About 1.3 points increase from the previous 66.8%.
Compared to 2020, the highest rate of increase in total revenue for past years was when the figures rose by 20.2%.
In 2018, the total revenue was $22.3 billion, with 5.7% growth, whereas in 2019, it was $24.2 billion, with 8.5% growth.
Nike’s total shoe revenue share reached $29.2 billion in 2022.
In the years 2022 and 2023, Nike’s total revenue was $29.2 billion and $33.1, with 4.3% and 13.4%, respectively.
In 2023, Nike’s footwear sector registered a 68% share compared to the total company revenue.
During the COVID-19 pandemic, Nike’s footwear revenue share increased from 66.2% to 66.7% and grew to 67.4%.
From 2017-2022, the Nike shoe market comprised 64.5% of Nike’s total company revenue.
Nike Employee Statistics
Nike has employed almost 83,700 employees globally as of May 31, 2023.
The largest group of Nike website visitors is between 25 and 34 years old, making up 30.82%.
On a global platform, Nike has over 500,000 employees producing its footwear.
In addition, outsourcing its production has given Nike more flexibility and responsiveness to market trends and customer demands.
Following closely, customers aged between 18 and 24 use 25.89% of the website.
In 2022, Nike. Inc. has a global workforce of almost 79,100 employees, reflecting a growth of nearly 7.91%.
Nike also emphasizes fair labor practices and ethnic sourcing.
Outsourcing as a production strategy has resulted in success on a global athletic footwear standard.
Age groups between 35 and 44, 45 to 64, 55 to 64, and 65+ also show notable interest in Nike’s products, making up almost 19.94%, 12.32%, 6.87%, and 4.16% of visitors, respectively.
As per Nike Statistics, 44% of the workforce is females, and almost 56% is male.
Nike also outsources the work to contractors in other countries, such as the Philippines, China, Vietnam, Indonesia, and Taiwan.
The maximum number of employees identified was 61% White, 16% Hispanic or Latino, and 11% African American.
The tenure for an employee at Nike is 3.3 years.
Nike implies quality control measures to guarantee that the products manufactured by the contractors are considered to the company’s standards.
Nike’s outsourcing decision has benefited it by lowering its inventory levels, minimizing price markdowns, and guaranteeing customer satisfaction.
Nike’s minimum annual salary is $37,434, and employees tend to support the Democratic party.
Nike prioritizes employee development and growth through extensive training programs and investment in professional development.
Nike Demographics
Nike is a rare brand with a vast target audience. It targets consumers aged 18 to 40.
As per Statista, in 2020, the official Nike sales showed a remarkable income.
As per Statista, Nike women’s clothing and sportswear generated almost 46.4 billion in revenue in 2021.
Menswear generates more noteworthy revenue with 14.2 billion Euros.
Nike Geographical Statistics
34% of Americans, 11% of residents of the Republic of Korea, and 5% of U.K. residents visit the Nike website.
Roughly 5.3 million people claim that they have worn Nike clothing in 2023.
Nearly 61% of the men in the U.K. like Nike products. Nike is the most popular sportswear brand in the United Kingdom. Almost 4 out of 5 men have at least 1 product of Nike.
Nike Sports accessories are used by almost 1.5 million people in the U.K.
In 2022, North America generated revenue of $17.2 billion or 39%, whereas revenue from the EMEA area was $11.5 billion and $11.5 billion, respectively. China generated $8.3 billion in revenue, and the LATAM and APAC regions generated 45.3 billion and 45.3 billion, respectively.
Nike is notable in the global logistics and distribution section, having many distribution centers worldwide.
Nike Advertising Statistics
In 2020, Nike only spent almost $3.59 billion U.S. dollars on advertising.
Nike spent almost $150.4 million on social media only in 2021.
Nike’s T.V. spending was almost $239.6 million in 2022.
Nike spent almost $49.2 million on advertisements in the U.S. in just March 2022.
As of 2020, Nike has always been a leading advertiser in the clothing and sports accessories industry in the U.S., and advertising spends almost $691 million.
73% of Nike’s advertisements were sports-themed in 2022.
Nike used the 1988 slogan “Just Do It,” which was known by almost 90% of Americans.
Nike’s digital advertising spent almost 13% more than last year.
Nike Stores Worldwide
Year
Number Of Stores
2023
1032
2022
1046
2021
1048
2020
1096
2019
1152
2018
1182
2017
1142
2016
1045
2015
931
(Source: marketsplash.com)
In 2023, Nike will operate 1,032 retail stores globally, with stores located in the United States and other countries worldwide.
In 2015 and 2016, Nike started with 931 and 1045 stores worldwide.
As we move forward in the years 2017, 2018, and 2019, the global count of the stores was 1142, 1182, and 1152, respectively.
In 2020 and 2021, Nike’s sales and demand reduced, and there were 1096 and 1048 outlets, respectively.
The numbers were 1046 and 1032 in 2022 and 2023, respectively, so no special change was observed.
Europe is another primary market for Nike’s growth.
50% of the Nike factory stores, a 3rd are in-line and employee stores and a quarter are Converse stores.
Nike’s target market is a variety of places all over the globe, generally in urban centers.
Nike generates more revenue from North America than any other part of the world.
Nike has seen noteworthy growth in emerging markets like China, Brazil, and India, with significant sales of sports and fitness products.
According to Nike Statistics, Nike has made an established stride in Asia, especially in China, Japan, and South Korea.
Nike Sponsorships and Endorsements
Nike has been named the world’s most remarkable sports brand, with a value of $452 million.
According to Nike Statistics, Turkey has the most Nike stores, with almost 170 official retail shops.
In 2020, the organization employed nearly 75,400 employees.
Air Jordan was introduced in accumulating $94.6 million in sales during 1st year.
Nike spends almost $4.5 billion on sponsorships and athletes per year.
Per SportsPro, Nike has nearly 8.7 billion in revenue from social media engagement posts promoting the brand.
As per Statista, Nike has 1,048 stores all around the world.
As per The Richest, Air Jordan generates almost $73 million annually.
Nike has 73,300 workers globally.
As per Statista, Nike has 40 stores in the United Kingdom.
Most Expensive Nike Footwear
Solid Gold OVO* Air Jordan 10 is worth $2 million to date.
Kanye West * Nike Air Yeezy 1 ‘Prototype’ is worth $1.8 million respectively.
Michael Jordon’s Game-Worn Nike Air Ship is worth $1.47 million.
Nike Endorsements Facts
Nike, a popular footwear and sportswear company, sponsors many sporting events, including the Super Bowl.
Nike is a sponsor of the prestigious football club FC Barcelona.
At the time of Fox’s Super Bowl LVII telecast, Nike was the most popular brand, which had almost 1,079 seconds of on-screen time, and the media cost $211.1 million.
The 57th edition of the Super Bowl took place at the State Farm Stadium in Glendale, Arizona, on February 12, 2023, which marked the cumulation of the National Football League.
Nike spends almost $4.5 billion on sponsorships and athlete endorsements every year.
The Dawn Project aired an almost 30-second advertisement that calls for a ban on Tesla’s Full Self Driving system.
The Tesla advertisement costs $598,000, and it features a video clip.
According to SportsPro, Nike is the world’s most-marketed sports brand, with a value of $452 million.
Nike’s athlete endorsements involve a lifetime deal with Cristiano Ronaldo, predicted to exceed $750 million in the coming years.
Technology Used by Nike
Nike Fit: This technology uses augmented reality to measure your feet and recommend the right size for Nike footwear. It aims to enhance the online shopping experience by ensuring a better fit.
Nike Adapt Technology: Nike Adapt is a self-lacing technology that allows users to adjust the fit of their shoes using a smartphone app. This technology was initially introduced in the Nike HyperAdapt and later in the Adapt BB basketball shoe.
Nike Flyknit: Flyknit is a technology that utilizes a lightweight, knitted upper material to create a form-fitting and virtually seamless shoe. It provides support and breathability while reducing waste in the manufacturing process.
Nike React Foam: Nike React is a cushioning technology used in the midsoles of some Nike running and basketball shoes. It is designed to be responsive, durable, and lightweight.
Nike Dri-FIT: Dri-FIT is a moisture-wicking fabric innovation used in Nike apparel. It helps keep athletes dry and comfortable by pulling sweat away from the body to the fabric’s surface.
Nike Air: Nike’s Air cushioning technology, introduced in the Air Max series, provides lightweight and responsive cushioning by incorporating pressurized air into the midsole.
Nike Vaporfly: The Vaporfly series, including the Vaporfly and Alphafly, features innovative designs and materials to improve running performance. These shoes gained attention for their use in elite marathons.
Conclusion
Nike Statistics states that the brand is among the 50 most valued organizations globally and the number 1 sports brand worldwide. Nike’s profits were adversely affected during the pandemic, and its profitability decreased. Nike’s sponsorship continues to prosper, and Nike’s brand loyalty statistics show how consistent it is with all demographic groups. Nike has several physical retail stores that are witnessing a decline, but Nike likers all over the globe still need to go online. Innovative strategies range from investing in digital advertising to outsourcing products. Nike’s journey is an enthralling statement of the potential of strategic advertising.
Smart Dishwasher Statistics: As the world is enormously growing with advanced technology and in recent days we are directly or indirectly dependent on smart devices within our daily routine. The Smart Dishwasher is an important smart gadget that helps clean dishware, cookware, and other cutlery items automatically. The overall market has been gaining huge growth and opportunities in recent days due to its advanced process of dishwashing. As the demand for modern kitchen renovations is increasing thus, the sales of freestanding smart dishwashers and built-in dishwashers are also increasing.
Are you thinking of purchasing a smart dishwasher this year 2024? Then this Smart Dishwasher Statistics will positively guide you in every aspect as it includes detailed statistical analysis. Hope after going through the paper you get a clear idea of which dishwasher is better for your home.
Editor’s Choice
Global Smart Dishwashers market valued at USD 5.59 billion in 2023.
Expected growth to USD 7.29 billion by 2027, with a CAGR of 6.9% (2023-2027).
US projected revenue for smart dishwashers in 2023: USD 3.45 billion.
Two types of smart dishwashers: small-size freestyle for residential use, and large-scale freestyle for commercial purposes.
Asia Pacific to lead the market, according to Maximum Market Research.
By 2029, market size estimated at USD 6.94 billion, growing at a CAGR of 13.9% (2023-2029).
Anticipated market size by 2026: USD 5.3 billion, with a growth rate of 14.4% CAGR (2020-2026).
Overall dishwashing machines market in 2023 valued at USD 26.25 billion, with a 3.69% annual growth rate (2023-2028), per Statista.
2023 revenues in other regions: Japan (USD 0.58 billion), Indonesia (USD 173.10 million), UK (USD 0.75 billion).
Built-in dishwashers segment expected to see the highest growth, with a CAGR of 10.2% (2021-2030).
The Asia Pacific region is anticipated to hold the highest share in the smart dishwasher market. This dominance is attributed to rapid urbanization, rising living standards, and the increasing adoption of smart home appliances in countries like China, Japan, and India.
Key players in the global smart dishwasher market include renowned brands such as Robert Bosch GmbH, LG Electronics, Samsung Electronics, Haier Group Corporation, Electrolux AB, Whirlpool Corporation, Miele & Cie KG, Panasonic Corporation, and several others. This competitive landscape highlights the significant investment and innovation driven by leading manufacturers to capture market share and cater to evolving consumer demands.
What is a Smart Dishwasher?
This is a dishwashing machine that is embedded with smart technology and allows users to control all processes remotely. Smart dishwashers can be connected to many smart devices, Smartphones, and the internet and such connectivity provides more control to users through commands on apps. The uses are currently increasing both in household and commercial sectors.
Advantages of Smart Dishwashers
Remote Control and Monitoring: Users can control and monitor their smart dishwashers from anywhere using smartphone apps, receiving alerts for detergent levels and cycle completions, enhancing convenience and ensuring efficient operation.
Enhanced Cleaning Performance: These appliances can regulate water temperature during cycles for superior grease and stain removal, thanks to customized cleaning algorithms.
Error Diagnosis and Preventive Maintenance: Smart dishwashers utilize advanced sensors and algorithms to diagnose issues and identify potential problems in real time, facilitating quick maintenance and optimal performance.
Adjustable Wash Settings: They offer the flexibility to adjust wash settings, including water temperature, pressure, and cycle time, ensuring effective and personalized cleaning for every load.
Water & Energy Usage Tracking: An essential benefit is the ability to monitor water and electricity usage, helping users understand and modify their usage patterns to conserve resources and reduce utility bills.
Load Detection & Optimization: Innovative load-detecting technologies estimate the number of dishes and adjust the cleaning cycle accordingly, conserving resources and improving efficiency.
Cycle Progress Notifications: Users receive real-time updates on their wash cycle status directly to their smartphones, allowing for better time management without needing to check the dishwasher physically.
Eco-Friendly Wash Cycles: Smart dishwashers offer energy-saving and eco-friendly cycles that minimize water usage through advanced water filtration systems and innovative cleaning methods.
Intelligent Load Optimization: Artificial intelligence algorithms optimize water usage based on previous washes’ data, adjusting water usage for efficient operation without compromising cleaning performance.
Customization and Personalization of Settings: Users can tailor wash cycles, adjust water pressure, select wash temperatures, and choose drying options, making the cleaning process optimal for specific needs and preferences.
Smart Home Integration: These appliances can integrate with smart home ecosystems, enhancing personalization and convenience by allowing users to control their dishwasher in harmony with other smart devices.
Energy-Efficient Operations: Smart dishwashers, especially those integrated with Home Connect, save on water and energy through modern sensor technology and efficient program selection.
Technology Used in Smart Dishwashers
(Source: intuz.com)
Wi-Fi connectivity: in such cases, dishwashers can be controlled and monitored remotely via connecting through a Smartphone application, which allows users to start and stop the machine from a distance.
Voice control: this allows control of dishwashers through voice commands via Google Assistant or Amazon Alexa by which users can check the status, on and off the machine whenever required.
Sensor technology: A smart dishwasher includes a variety of sensors for saving energy and enhancing performance. Sensors can gauge how dirty the dishes are and also ensure effective cleaning with the least amount of water.
Auto-Dosing systems: These dishwashers automatically dispense the required amount of detergent for cleaning. The system mainly depends on load size, chosen program, and soil level.
Energy Monitoring: This is another effective feature that is available in smart dishwashers which help in tracking the time of energy usage.
Remote Diagnostics: Special ability to troubleshoot and self-diagnose within any certain situation by alerting users and even sending error reports to the manufacturer.
Customized program: These sensors are customized for extremely soiled dishes, delicate plates, rapid washes, etc.
Top companies of global smart dishwashers are followed by Samsung, BSH, GE, Whirlpool, LG, Electrolux, Miele & Cie, Robert Bosch GmbH, Panasonic, Haier Group Corporation, Aga Rangemaster Group, Asko Appliances AB, Dacor, Fagor America, Hoover Candy Group, Sears Brands, SMEG, VESTEL, Xiaomi Corporation, etc.
Smart Dishwashers Trends
Smart Technology Integration: The kitchen is becoming increasingly connected, with smart dishwashers that can be controlled via smartphone apps or voice commands. This integration extends to other smart kitchen appliances, enhancing efficiency and convenience in the kitchen.
Energy and Water Efficiency: There’s a growing emphasis on eco-friendly appliances. Smart dishwashers now come with features that minimize water usage and optimize energy consumption, contributing to a more sustainable household.
Customization and Personalization: Users can now adjust dishwasher settings to their specific needs, from selecting the appropriate wash cycle to customizing the drying options and even scheduling the wash for a convenient time.
Voice Control and Connectivity: Major players are integrating voice-controlled personal assistant services with their appliances, making it easier for users to operate their dishwashers using simple voice commands. This trend is expected to grow as more households adopt smart home technologies.
Innovative Features for Efficiency: New smart dishwashers boast innovative features such as load sensing, which optimizes water and energy usage based on the size of the load, and soil sensors to adjust the wash cycle for maximum cleaning efficiency.
Market Growth and Consumer Demand: The demand for smart kitchen appliances, including dishwashers, is on the rise, driven by the consumer desire for convenience and efficiency in the kitchen. Energy efficiency concerns are also fueling the demand for smart kitchen products.
Regional Market Insights: The United States, China, and India are significant markets for smart dishwashers, with varying rates of adoption and growth. The U.S. remains a leading consumer, while China and India are rapidly growing markets due to increased consumer spending and the adoption of smart home technologies.
Smart Dishwasher Statistics by Countries
United States: Projected revenue of USD 3.45 billion.
Albania: Market size of USD 11.48 million.
Algeria: Expected revenue of USD 164.50 million.
Angola: Anticipated market size of USD 199.80 million.
Argentina: Close to USD 199.30 million in revenue.
Armenia: Market size around USD 18.75 million.
Australia: Expected revenue of USD 390 million.
Austria: Anticipated market size of USD 169.40 million.
Azerbaijan: Projected at USD 69.38 million.
Smaller market sizes but noteworthy contributions include:
Bahrain: USD 11.70 million.
Bangladesh: A significant USD 289.40 million.
Belarus: USD 63.89 million.
Belgium: Market size of USD 206.70 million.
Larger economies showing strong market presence:
Brazil: USD 330 million.
Canada: A robust USD 410 million.
China: Leading with USD 640 million.
Egypt: Notable revenue of USD 450 million.
European countries with significant market sizes:
France: USD 950 million.
Germany: Leading Europe with USD 1.51 billion.
Italy: USD 790 million.
United Kingdom: Strong market at USD 750 million.
Asian markets with potential growth:
India: USD 550 million.
Indonesia: USD 173.10 million.
Japan: Significant revenue of USD 580 million.
Smart Dishwashers Statistics by Segmentation
(Source: alliedmarketresearch.com)
The Smart Dishwasher market is segmented into product types built-in dishwashers, portable dishwashers, and drawer dishwashers.
The highest segment is going to experience built-in dishwashers with a CAGR of 10.2% from 2021 to 2030.
According to research published by Allied Market states that in 2030 the distribution channel of the online retail segment is going to be the highest with a CAGR of 11.2%.
The Asia-Pacific is going to be the largest region in adopting smart dishwashers with a CAGR of 11.1% by the end of 2030.
Whereas, in 2022 the largest market share of smart dishwashers was achieved by the Asia Pacific region.
Recent Development
Bosch Home Appliances launched a comprehensive update to its dishwasher portfolio, introducing the PowerControl™ spray arm technology in its 800 and Benchmark Series models. This technology offers a more powerful clean and allows for flexible placement of items in the lower rack, addressing the common household debate on the correct way to load a dishwasher. The new line also features CrystalDry™ technology for superior drying results and Home Connect® for enhanced connectivity and control.
Haier Europe expanded its manufacturing presence in Europe by opening a new dishwasher factory in Eskisehir, Turkey, in November 2022. This move is part of Haier Smart Home’s strategy to strengthen its position in the global appliances market.
GE Profile™ introduced a dishwasher with Microban® Antimicrobial Technology in September 2021, aimed at preventing the growth of bacteria on key touchpoints within the dishwasher. This product also features the UltraFresh System™ for odor prevention, showcasing an emphasis on hygiene and cleanliness.
The Embedded Smart Dishwashers Market report highlights the sector’s focus on competitive developments such as new product launches, market acquisitions, and technological innovations. It also points to a significant interest in product segments and application spectrum analysis, offering strategic recommendations for both new entrants and established players to gain a competitive edge.
Smart Dishwasher Statistics by The U.S. Market
(Reference: statista.com)
In the United States revenue generated by smart dishwashers is going to account for around $3.45 billion in 2023 with a revenue change of 2.4%
However, by 2028 the market size is expected to reach $3.84 billion with an annual growth rate of 0.4% from 2023 to 2028.
As of 2023, the market of energy-efficient and smart dishwashing machines is growing enormously in the U.S.
In the U.S. the average market volume per household is estimated to be 0.4% units by the end of 2023 and revenue generated per household is $25.92.
Smart Dishwasher Statistics by The Indian Market
(Reference: afaqs.com)
According to a report published by Mordor Intelligence states that the global market of smart dishwashers is going to be $7.2 billion by the end of 2025 at a CAGR of 5% from 2020 to 2025.
Whereas, in India, the global market value is predicted to reach almost $56 million by 2026, with a compound annual growth rate of 9.255 from 2021 to 2026.
In 2023, the market leader of smart dishwasher manufacturers is Bosch with more than 50% of the share.
Top Smart Dishwashers by Price Index
#1. Bosch SGX78B55UC (built-in dishwasher)
(Source: makeuseofimages.com)
This is 24 inches long and made up of stainless steel Smart Dishwashers are mostly used for residential purposes, which include 3 racks, and work with smart things, Amazon Alexa, and Google Assistant. The only consequence is it’s most expensive and costs around $1350.
#2. LG LDPS6762D (built-in dishwasher)
(Source: makeuseofimages.com)
The main feature of this Smart Dishwasher is compatible with Amazon Alexa and Google Assistant, a remote controlling facility via the LG ThinQ app, and TrueSteam with Sanitization with a stylish and minimalist design. However, it includes a specific consequence of drying that could be a little better and the cost is around $900.
#3. Bosch SPE53B56UC (Slimline smart dishwasher)
(Source: makeuseofimages.com)
This Smart Dishwasher is 18 inches long and requires less space than others with 3 racks and 10 place settings. The positive features are small and compact, controlled with voice assistants, smart watches, and smartphones with 5 different wash cycles. The cost of the dishwasher is around $1000.
This Smart Dishwasher is available at $700 and is easily compatible with Amazon Alexa. The special features are a child lock option, 14 place settings, LED lights for effective guidance in the dark, and 6 cleaning cycle options. This is a great option for residential uses.
#5. BLITZHOME Portable Dishwasher
(Source: makeuseofimages.com)
These are mostly used in smaller homes with a capacity of 5 liters also include 5 wash programs, and app control, and can be operated within 30 minutes. Special features are baby care mode, 360-degree water coverage, and great space saver. Other disadvantages are app functions and capacities are limited. The smart dishwasher is available for $280 at Amazon.
Conclusion
After completing the article on Smart Dishwashers Statistics it is clear that the demand in this market is increasing enormously. They are mostly flexible and highly efficient due to the enhancement of technological features and are also termed as part of smart home design. As mentioned above this smart machine helps in monitoring every function via smart devices. This article includes a detailed description of the market share, advantages, countries, types, and technology with possible current statistics; hope the above stats will help you understand the topic better.
Digital Picture Frame Statistics: As of reports, the global market size of the digital picture frame market is expected to reach around $81 million by the end of 2033. These markets are available in a wide range of functions, sizes, and designs as they include cloud storage facility, SD & USB card connector, and Wi-Fi functionality. In the last few years, the market size of this industry has been enhanced due to the urbanization of the nation and rising levels of consumer income. The demand for this sector has increased due to the rapid development in the sectors of smart home automation and smart devices.
These Digital Picture Frame Statistics include insights from various aspects that provide light on how fast the industry is growing in popularity around the world in recent days.
Editor’s Choice
(Source: technavio.com)
According to Persistence Market Research, in 2023 the expected market value of Digital Picture Frame is around $59.7 million.
The compound annual growth rate of the industry is going to grow by 3.1% from 2023 to 2033.
On the other hand, the projected sale of the digital photo frame industry is supposed to be $81 million by the end of 2033.
The top players in the digital photo frame markets in 2023 are the United States, China, India, etc.
The segment of household application has accounted for the leading market share with around 78.9% in the year 2022, which is followed by the commercial segment.
The expected rise of battery-based digital photo frames is supposed to grow by 4.4% of CAGR from 2023 to 2033.
As of reports, the e-commerce purchasing of digital picture frames is increasing its sales in the North American region, Europe, and Asia Pacific with a CAGR of 9.5% by the end of 2033.
According to the reports of Technovio, the growth rate of the market in 2023 is 2.82% from year-over-year and 3.03% of CAGR from 2022 to 2027.
By the end of 2027, the market size growth is expected to reach $110.9 million.
(Source: technavio.com)
What is a Digital Picture Frame?
This sector is also termed as a digital media frame which allows in displaying of digital photos that are monitored by LCD. This device can be controlled by connecting the frames via Wi-Fi, and Smartphones. The setup of the picture frames is available both in portrait and landscape orientation along with different shapes, and sizes along with a wide range of features.
Facts About Digital Picture Frame
The estimated growth of the global market in the North American region is estimated to contribute around 37% of the share from 2017 to 2027.
The major market players in the digital picture frame industry are GiiNii, NIX, Aluratek, Micca, Sungale, Digital Foci, Philips, ViewSonic, Pix-Star, and Sylvania.
The industry is segmented into product types are simple function digital photo frames, and improved “multimedia” digital photo frames.
The household application segment dominates the market, accounting for over three-fourths of the revenue share, thanks to the trend of framing certificates and displaying cherished memories in homes, businesses, and educational institutions.
Battery-operated digital photo frames are gaining popularity due to their portability and convenience, allowing users to place them anywhere without worrying about a constant power supply.
Online retailing of digital photo frames is on the rise, driven by the global increase in internet usage and social media engagement. This trend is supported by a growing consumer preference for e-commerce shopping, with sales through online channels expected to grow significantly.
Despite the positive outlook, the market faces challenges such as supply chain complexity and the impact of counterfeit products, especially in regions like China, where the prevalence of counterfeit goods has significantly affected market value.
(Source: prnewswire.com)
According to the research of Cision PR Newswire, in the digital photo frame market the potential growth difference between 2020 and 2025 is around $62.1 million.
The expected growth rate of the market is to reach 1.81% CAGR during the forecasted period.
Digital Picture Frame Trends
Integration with Smart Home Systems: The rise in smart home technologies is driving the integration of digital picture frames with home automation systems, allowing users to control frames through smart hubs and AI-enabled devices.
High Adoption of Online Retailing: There’s a significant shift towards online purchasing of digital picture frames, fueled by increased internet penetration and consumer preference for e-commerce shopping. This trend is expected to continue growing, with e-commerce sales rising at a fast pace.
Growth in Battery-Operated Frames: The demand for battery-operated digital picture frames is increasing, offering users the flexibility to place their frames anywhere without the need for a constant power supply. This segment is expected to see significant growth.
Focus on Premium Quality: The market is moving towards premium quality digital photo frames that offer superior display quality over traditional frames. This trend is driving global market expansion.
Innovations in Product Features: Manufacturers are focusing on the development of new features, such as wireless connectivity, cloud storage, and enhanced display technologies, to attract consumers and enhance the user experience.
Counterfeit Products Challenge: Especially significant in markets like China, counterfeit digital photo frames pose a challenge to brand integrity and market growth, with efforts underway to combat these issues through anti-counterfeiting measures.
Expanding Market in Developing Regions: Countries like India are emerging as potential markets for digital picture frames, driven by the introduction of novel technologies and attractive designs by key market players. The market in India is expected to grow considerably.
Consumer Preference for Personalization: There is a growing trend towards personalized and custom digital photo frames, allowing users to create a more personalized viewing experience, which is driving demand in the segment.
General Digital Picture Frame Statistics
(Source: s.yimg.com)
In the year 2030, the global market share of digital Photo frames is expected to reach around $1.2 billion with a CAGR of 1.2% from 2022 to 2030.
As of reports, the segment of electric-powered is predicted to reach around $706.5 million at a CAGR of 1.4% during the forecasted year.
Whereas, by the end of 2030 the battery-powered segment is expected to reach a CAGR of 0.8% share.
The primary application of the digital picture frame market is segmented into commercial and household.
According to the report of Valuates in 2023, the market share captured by the top 5 manufacturers including GiiNii, NIX, Aluratek Micca, and Sungal is around 65%.
On the other hand, North America has the largest market share of 50%, which is followed by Europe, and Asia Pacific combining a share of 40%.
Improved “multimedia” digital photo frames are termed as the largest segment with a share of 45%.
Advantages of Digital Picture Frame
The main advantage of using digital picture frames is their convenience feature as it’s easier to use than other traditional frames. Digital frames can display multiple pictures and also in the format of a slideshow even without printing it.
The customization option is another advantage that allows users to adjust the display settings of photos with different styles and sizes. This has a special option of adding captions, dates, or any special information within the more personalized display.
Digital picture frames are more cost-saving than ordinary and traditional frames as they don’t require printing costs and here users can easily change their photos as per requirement without any additional costs.
Digital picture frames can connect to the internet to display photos via online sources such as cloud storage and social media.
By the Type
(Source: maximizemarketresearch.com)
The market overall is divided into three kinds, such as simple-function photographic frames that are digital, standard” multimedia” digital photo frames, and upgraded “multimedia” photographic frames.
In the graph above the electricity-powered segment of the market for digital image frames has racked up the largest proportion of 2.8 percent of CAGR over 2022 to 2029.
Effective benefits are followed by no-fuss power supplies efficient power supply, no need for battery replacement, and a continuous view.
By Regional Analysis
According to Maximize Market Research, by the end of 2022, the North American region has earned a market value of $3.1 million.
The market value is going to reach above $3.76 million by the end of 2029 with a CAGR of 2.8% from 2022 to 2029.
Whereas, in the United States the overall market of digital picture frame market is expected to reach around $2.9 million in 2022 and the global market size will be $65.62 million by 2029.
According to the Yahoo! Finance reports, during the forecasted year of 2022 to 2030 the 2nd largest market share is going too achieved by China (2%), Japan (0.8%), Germany (0.8%), and Canada (1.1%).
Recent Development
Enhanced Features and Connectivity: Digital frames like the Dragon Touch model boast motion sensors for energy efficiency, supporting video clips up to 30 seconds, alongside built-in calendar, clock, alarm, and weather functions.Similarly, products like the PhotoSpring Digital Picture Frame emphasize AI-powered photo curation and automatic updates, showcasing the industry’s move towards smarter, more interactive displays.
Large Displays and Subscription Artwork: The Meural Canvas II stands out for its large, anti-glare display and access to a vast library of artworks via subscription, merging digital convenience with traditional art appreciation. Its ability to adjust backlighting based on ambient light enhances viewing experiences across different environments.
Compact and Cloud-Connected Frames: Compact options such as the Nixplay 8 inch Touch Screen Smart Digital Picture Frame offer flexibility in display orientation and integration with cloud storage, facilitating easy photo sharing and management. These models exemplify the trend towards leveraging cloud technology for enhanced user convenience.
Versatile Smart Displays: Smart displays from tech giants like Amazon, Google, and Lenovo double as digital photo frames while offering additional functionalities such as music playback, smart home control, and video calling. This multifunctionality addresses the growing consumer demand for integrated home tech solutions.
Focus on User-Friendliness and Interactivity: Frames like the Ausa Mason Luxe and the Aura Carver Smart Frame are celebrated for their usability and aesthetic appeal, offering high-definition displays and personalized features that enhance user interaction and enjoyment.
Best Digital Picture Frames
(Source: i.pcmag.com)
Amazon Echo Show 8 (3rd Gen, 2023)
These are available with a screen size of 8 inches and are available at Amazon for around $104.99.
Price variations of other variations are Echo Show 5 ($49.99), Echo Show 10, and Echo Show 15 ($249.99) each.
The screen resolutions are 1,280-by-800 pixels resolution, with solid stereo speakers, including video chat.
(Source: i.pcmag.com)
Google Nest Hub (2nd Gen)
These are available with a screen size of 7 inches with no camera and accessed via Google Assistant along with a feature of enabling videos and music through Android phones.
Another feature is the presence of a sensor that helps in analyzing users’ sleep.
The device is available at Amazon at $49.99.
(Source: i.pcmag.com)
Google Nest Hub Max is available at Walmart which costs around $159.
The screen size of this digital picture frame is 10 inches and a resolution of 1,280-by-800 pixels.
This device includes a camera that helps enable security systems when users are out of the home.
(Source: i.pcmag.com)
Aluratek 8-inch LCD Digital Photo Frame is available at Amazon and costs around $37.95.
This frame option is the most affordable and size almost 8-inch and is people’s popular choice around the world.
For loading photos in the frame the best use is USB drive or SD cards are the suitable option.
(Source: i.pcmag.com)
Dragon Touch 10-Inch Digital Picture Frame available at $69.99 (Amazon)
This frame is supported via Wi-Fi for sharing pictures and includes 16GB of onboard storage system.
The screen size is around 10-inch and the resolution is 1,280-by-800.
Another feature of this frame is the auto rotation of pictures when the screen is moved such as portrait and landscape orientation.
Conclusion
As of today, after completing the article on Digital Picture Frame Statistics, it is clear that the platform is growing spontaneously around the world. A single frame helps in displaying several pictures in the format of a slide show or still according to your choice and also allows users to add new pictures from anywhere. These devices are newly designed by many companies and thus available in different types, price ranges, sizes, and functionality. As of recent year reports, the largest share of this market is captured by the North American region. There are many of effective information discussed above about the topic, hope will help you gain interest in the device and basic knowledge and usage.
Fitness Rings Statistics: The fitness rings market is on a trajectory of robust growth, driven by a burgeoning interest in health and fitness technologies. The market size for fitness rings, which are wearable devices designed to track various health and fitness metrics, is forecasted to reach USD 651.6 million by 2028, growing at a compound annual growth rate (CAGR) of 7.3%. This growth is propelled by technological advancements and an increasing consumer preference for data-driven fitness monitoring.
Fitness rings have evolved to include advanced sensors for monitoring heart rate, blood pressure, sleep patterns, and physical activity, making them integral to personal health management. These devices offer the convenience of syncing with smartphones and other devices, enhancing the user experience by allowing easy access to fitness data and progress tracking. This integration has significantly boosted the demand for fitness rings.
However, the industry faces challenges, notably concerns around data safety and privacy. The collection of personal information by fitness devices, coupled with potential security vulnerabilities, poses risks to user privacy and may hinder market growth.
The market is segmented by compatibility (iOS, Android, Windows), with iOS devices holding a major share due to their health-focused features and apps. Distribution channels are categorized into online and offline, with offline channels currently dominating due to consumer preferences for physical product evaluation before purchase. Regionally, North America leads the market, thanks to its innovative ecosystem and high consumer spending on fitness technology.
Key players in the market are focusing on innovation, offering products with novel features like waterproofing, durability, and stylish designs to cater to a wide range of consumer preferences. The drive towards more personalized, data-driven fitness experiences is expected to continue shaping the market, with further technological advancements and feature enhancements anticipated.
These Fitness Ring Statistics include insights from various aspects that provide light on why Fitness Rings are the best wearable smart devices around the world today.
Editor’s Choice
The global fitness rings market was valued at USD 408.4 million in 2021 and is projected to reach USD 869.4 million by 2031, growing at a compound annual growth rate (CAGR) of 7.9% from 2022 to 2031.
Advanced sensors in fitness rings track a range of health parameters, including heart rate, blood pressure, and blood oxygen levels, making them increasingly popular.
Integration with smartphones and other devices enhances user experience, contributing to the rising demand for fitness rings.
The market is segmented based on compatibility (iOS, Android, Windows, and others), sales channel (online and offline), and region (North America, Europe, Asia-Pacific, LAMEA), with iOS holding a major market share and the offline segment dominating sales channels.
The leading companies of the Fitness Rings are Sky Labs, Origami Group Ltd., Walmart, Circular, Happy Health, SLEEPON, Ultrahuman Healthcare3 Pvt Ltd, Oura Health OY, and Motiv.Inc, etc
According to Global News Wire, the global fitness rings market size by 2028 is expected to reach around USD 651.6 million with a market growth of 7.3% from 2023 to 2028.
According to the Volza’s Global Export data, the market of Fitness ring total import and export shipment units are 96.8K each.
What is Fitness Rings?
This is similar to smart rings that only measure some detailed aspects such as blood oxygen level, heart rates, etc. These are very lightweight users who easily can track their health details and can improve health conditions even without opening a phone.
Facts About Fitness Rings
The world’s top 3 Fitness Rings product categories are followed by HSN Code 83089099, HSN Code 83024110, and HSN Code 83089040.
As of reports, around the world, most Fitness rings are imported from China, India, and Germany.
As of 2023, the annual revenue earned by the Oura fitness ring is almost USD 50 to USD 75 million.
Fitness rings are equipped with advanced sensors for tracking health parameters like heart rate, blood pressure, and blood oxygen levels, offering real-time health status feedback.
Features like sleep tracking and GPS for outdoor activities have surged in popularity, enhancing the fitness rings’ market growth.
The fitness tracker market, including fitness rings, bands, and smart watches, is experiencing a rise in demand for technologically advanced devices, further driving market growth.
General Fitness Rings Statistics
In the year 2023, there are almost 10,705 global buyers in the fitness rings industry that are spread across 163 countries.
Whereas, the global fitness ring buyers and suppliers are followed by 10,705 and 8,986 respectively.
According to Report Linker analysis, the compound annual growth rate of the Asia Pacific fitness ring is expected to grow 8.1% from 2022 to 2028.
The fastest growing market in the fitness tracker ring market is the Asia Pacific region with 20% of CAGR from 2023 to 2028.
The fitness ring market is expected to grow at a CAGR in Latin America, the Middle East, and Africa is around 9.6% from 2022 to 2028.
The European and North American fitness ring market is expected to grow at a CAGR of 7.2% and 6.7% during the forecasted period.
Fitness Ring Statistics by Shipment
The global fitness ring market includes 10,705 buyers and 8,986 suppliers.
Total import and export shipments for fitness rings stand at 96.8K units each.
As of December 8, 2023, fitness ring market transactions span 70 countries worldwide.
The leading importer of fitness rings is Alpine Apparel Pvt. Ltd, with 2,068 shipments. It is closely followed by KH Exports India Private Limited Footwear Division with 2,065 shipments, and Grohe India Pvt Ltd with 1,856 shipments.
On the export side, Grohe AG leads with 1,690 shipments. Tocheunglee Stationery Manufacturing company Private and ABB India Limited follow with 1,281 and 1,165 shipments, respectively.
The top countries importing fitness rings are India with 41,003 shipments, the United States with 14,791 shipments, and Vietnam with 5,832 shipments.
Buyers and Suppliers of Fitness Ring Statistics by Countries
In the year 2023, there are almost 10,705 global buyers in the fitness rings industry that are spread across 163 countries.
As of 2023 report analysis, the top buyer countries are followed by India (2689), the United States (1575), Vietnam (1068), United Kingdom (386), Indonesia (334), United Arab Emirates (294), Pakistan (284), Philippines (279), Turkey (197), Peru (180), Germany (176), Botswana (161), Kenya (160), Australia (119), Saudi Arabia (111), Sri Lanka (106), Brazil (103), Nepal (101), Singapore (87), Netherlands (86), Italy (85), China (76), Bangladesh (75), Ukraine (71), Spain (69), Canada (68), Uzbekistan (68), Malaysia (65), Qatar (64), France (62), Thailand (60), and South Africa (57).
The top supplier countries are followed by China (2962), India (1601), Germany (557), United States (521), Italy (342), South Korea (320), Vietnam (266), Japan (237), Hong Kong (177), United Kingdom (176), Turkey (162), Singapore (127), Taiwan (124), South Africa (121), France (74), Spain (73), Netherlands (65), and Switzerland (51).
The global export trade of fitness ring statistics by countries is followed by China (33164), India (32002), Germany (6148), Italy (3267), Vietnam (3252), the United States (282), South Korea (2314), Hong Kong (1929), Japan (1884), United Kingdom (861), Spain (751), Singapore (717), Taiwan (645), Malaysia (523), Thailand (510), Austria (462), Turkey (429), France (415), Sweden (400), Indonesia (394), South Africa (368), Switzerland (285), Pakistan (277), Netherlands (190), Belgium (167), United Arab Emirates (144), European Union (135), Finland (120), Czech Republic (110), Panama (102), and Canada (100).
Fitness Rings Market by Region
(Source: marketresearchengine.com)
According to the reports of Marker Research Search Engine, the major leader of the fitness tracker ring market is the Asia Pacific region with 20% CAGR from 2023 to 2028 also termed as the fastest growing market.
In the same duration from 2023 to 2028, the North American region is termed as the largest market at a CAGR of 19%
Furthermore, other regions market growths with a CAGR are followed by Europe (18%), South America (15%), and others (17%).
Best Fitness Rings by Rank
#1. Oura Ring Gen 3 Horizon (the best fitness ring overall), costs from $299 to $349.
(Source: zdnet.com)
Specifications: this ring is made up of durable titanium and PVD coating, water resistance (up to 328 feet), sensors used (heart rate, blood oxygen, PPG, skin temperature, 3D accelerator), connectivity (Bluetooth low-energy, airplane mode), battery life (up to 7 days).
The features of the fitness ring are best for sleep tracking, tracking steps, and active calories, and helps in checking workout details.
(Source: insiderintelligence.com)
#2. Go2sleep (the best budget fitness ring), costs around $149 and $99 if purchased from the company’s website.
(Source: zdnet.com)
Specifications: made of food-grade silicone, water resistance (up to 30 minutes), Sensors (heart rate, blood oxygen, and HRV), battery life (2 nights), connectivity (Bluetooth)
The benefits are affordable, a feature of “Find the Ring”, and three types of sizing options.
#3. Movano Evie Ring (best fitness ring for women), costs $269
(Source: zdnet.com)
Specifications include different sizing (5-11), colors (silver, rose gold, and gold), and sensors used (heart rate, heart rate variability, SpO2, skin temperature, and active metabolic calorie burn).
The benefits are medical-grade data, allowing you to track different activity, sleep, and menstrual cycles, and personalizing your goals and activity progress over time.
#4. Circular Ring ( best fitness ring with notification), costs $284
(Source: zdnet.com)
Specifications: Material used high-grade alloy of stainless steel and carbon fiber with coating, available colors (gold, rose gold, black, and silver), sizing (6-13), water resistance (only suitable for light water), battery capacity (up to 4 days), Connectivity (airplane mode, and Bluetooth smart low energy), sensors used (heart rate, SpO2, skin temperature, heart rate variability, and active metabolic calorie burn).
The benefits are enabling energy score with automatic workout-tracking, including personalized timers with vibrating alerts, and offering vibration during guided meditations.
Future Analysis
According to Report Linker analysis, the compound annual growth rate of the Asia Pacific fitness ring is expected to grow 8.1% from 2022 to 2028.
By the end of 2028, China is going to dominate the Asia Pacific fitness ring market and the valuation is going to reach around $ 46,89.5K.
On the other side, the estimated growth rate of Japan and India is going to be 7.5% and 8.8% of CAGR respectively from 2022 to 2028.
According to the reports of Market Research, by the end of 2028, the market valuation of the fitness rings is expected to be $191,526.5K, with a CAGR of 8.8% from 2022 to 2028.
In the market of LAMEA (Latin America, Middle East, and Africa), Brazil is dominating the overall market and is expected to reach $10,682.5K by the end of 2028.
As of reports, across the UK market, Germany is going to dominate the industry which is predicted to reach $44,418.9K by 2028.
In the North American region, the fitness rings market is going to be dominating in the United States with around $191,526.5K by the end of 2028.
Website Traffic Statistics by Company
Our Fitness Ring
(Source: similarweb.com)
In the last month of 2023, the United States had 52.44% of total traffic on ouraring.com, but it recorded an increase in total website visitors by 60.91%.
Other countries recorded the following contribution in total traffic: the United Kingdom = 4.92% (-1.43%), Canada = 4.28% (+28.17%), Canada = 3.4% (+37.58%), Czech Republic = 3.36% (+25.45%), and other countries collectively made around 31.61%.
Motiv Fitness Ring
(Source: similarweb.com)
As of October 2023, the United States had 15.62% of total traffic on mymotiv.com, but it recorded an increase in total website visitors by 3.63%.
Other countries recorded the following contribution in total traffic: Colombia = 4.65% (+4.65%), Russia = 3.81% (-10.21%), Turkey = 3.46% (-27.56%), Vietnam = 3.29% (-5.29%), and other countries collectively made around 69.18%.
Conclusion
As of today, after completing the article on Fitness Rings Statistics it can be easily stated that this is one of the latest wearable technology in recent days as this device includes several advantages and features. If still you are not using it then go and give it a try once but before making your purchase must go through the above detailed variations that are best suitable for you. The market of Fitness Rings is enhancing and the future is looking bright due to more innovation in technology. These articles include possible information those are explained elaborately and, hopefully, will help to understand the topic better.
Apple Statistics: Hundreds of products are available on the global Apple market, so we need clarification about which one to buy. This article will clear all your doubts about this brand as it includes several insights, current trends, and segmental analyses that will guide you better about the market. So, let’s dive into the paper and understand different product statistics and other interesting factors. All the details will help you discover your best Apple product.
Editor’s Choice
Global revenue earned by Apple was USD 383.29 billion in the financial year 2023, and almost 52% came from iPhone sales.
In the 1st quarter of 2024, Apple’s estimated revenue will be around USD 119.6 billion.
In the United States, net sales generated by Apple’s was approximately USD 50.43 billion in the 1st quarter of 2023.
By March 2024, the U.S. expects to have above 42% of Apple’s net sales, followed by Europe with a25% share.
California will have the highest number of Apple stores, up to approximately 54 by October 2023.
The Smartphone segment owned almost 20.5% of Apple’s market share.
Apple’s total total brand value was approximately USD 880.5 billion.
In 2023, iPhone sales have declined from last year, resulting in 231.3 million units.
Around 161 thousand full-time employees were only available in the company by 2023 end.
By the end of 2025, Apple’s service revenue is predicted to be USD 50 billion.
What is Apple?
Apple, Inc. is an American electronic multinational company that manufactures computers, iPhones, iPads, wearables, accessories, services, etc. The headquarters of Apple is in Cupertino, California, U.S.A., which was founded as a partnership by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976. This is also one of the largest companies around the world with an above USD 2 trillion market capitalization.
General Apple’s statistics
According to a report published by Statista, Apple is known to be the 2nd most valuable brand globally, and its estimated brand valuation was USD 297.5 billion in the 3rd quarter of 2023.
The U.S. has a total number of active iPhone units of 153 million in 2023.
Apple has generated around USD 41.1 billion in revenue by selling wearables and accessories.
It is supposed that by the end of 2024, Apple’s profit expansion will be 7.6%.
Almost 35% of people will use Apple iPhones and watches in 2024.
By 2027, India is going to assemble up to 50% of iPhones.
The company has more than 1 50,000 active employees globally, of which males and females share 61% and 38%, respectively.
As of 2023, Apple earns around USD 1,820 in each second.
By Revenue
Apple’s quarterly generated revenue in 2023 are 1st quarter (USD 117.1 billion), 2nd quarter (USD 94.8 billion), 3rd quarter (USD 81.7 billion), and 4th quarter (USD 89.4 billion).
In the 1st quarter of 2024, Apple’s estimated revenue will be around USD 119.6 billion.
iPad’s quarterly revenue earned in 2023 are Q1 (USD 9.39 billion), Q2 (USD 6.67 billion), Q3 (USD 5.79 billion), Q4 (USD 6.44 billion), and it is expected that in 2024 by 1st quarter revenue is expected to be USD 7.02 billion.
Quarterly revenue generated by Mac in 2023 is followed by Q1 (USD 7.7 billion), Q2 (USD 7.1 billion), Q3 (USD 6.84 billion), Q4 (USD 7.6 billion), and 1st quarter of 2024 (USD 7.7 billion).
By 2023, global revenue generated by Apple services accounted for USD 85.1 billion and is expected to cross USD 23.1 billion by the 1st quarter of 2024.
By Region
As of 2023, Apple’s highest revenue was generated by America, resulting in USD 162.5 billion.
Furthermore, other regions generated revenue, followed by Europe (USD 94.2 billion), China (USD 72.5 billion), Japan (USD 24.2 billion), and the Rest of Asia Pacific (USD 29.6 billion).
By Products
(Reference: mspoweruser.com)
According to a report by M.S.M.S. Power User, 88% of people globally have one iPhone.
Other product usage share is followed by iPad (73%), Mac computer (50%), and Apple Watch (58%).
35%of the global market share was accounted for by Apple’s tablet in 2023.
While the Smartphone segment owned 20.5% of the share.
On the other hand, in the global P.C.P.C. market, Mac accounts for a market share of 7.2%.
iPhone Statistics
According to a report published by Demand Sage, in 2023, there will be around 1.46 billion active iPhone users available in the global market and expected to reach above 1.56 billion by 2024 end.
Approximately 135.97 million users were available in the U.S.
In 2024, 28.8% of smartphone shares globally belong to iPhone.
Meanwhile, other countries market share are U.S.U.S. (61.3%), China (22.37%), and India (4.02)
In 2023, iPhone sales have declined from last year, resulting in 231.3 million units.
The highest sales of iPhones accounted for by the Americas was 98.1 million units.
Other region’s sales units are Europe (56.8 million), China (43.7 million), Japan (14.6 million), and the Rest of Asia Pacific (17.8 million).
According to Apple Statistics, iPhone sales are 849.450 per day, 35,393 (per hour), 590 (per minute), and 10 (per second)
(Source: demandsage.com)
Male and female users share of iPhones are 51% and 49% respectively.
The most popular age group users lie between 16 years and 34 years.
(Reference: demandsage.com)
In 2023, the worldwide market share of the iPhone was 27.6%.
The highest market share was accounted for by the North American region, resulting in 54.76%.
Other regions market shares are followed by South America (14.33%), Asia (15.94%), Europe (35.84%), Oceania (55.55%), and Africa (14.18%).
iPhone App Statistics by Revenue
(Reference: bigohtech.com)
The top popular iPhone Apps in 2023 are Honor of Kings, TikTok, Youtube, and P.U.B.G. Mobile, with revenue earned of USD 1.652 billion, USD 1.379 billion, USD 1.058 billion, and USD 0.936 billion, respectively.
Other apps revenue share are Genshin Impact (USD 0.922 billion), Tinder (USD 0.641 billion), Candy Crush Saga
(USD 0.4989 billion), Disney+ (USD 0.4983 billion), Robolox (USD 0.491 billion), and Romance Three Kingdoms (USD 0.455 billion).
iPhone Price Statistics
(Source: statista.com)
iPad statistics
By 1st quarter end of 2024, almost 5.87% to 6% of the company’s total revenue share was accounted for by iPad.
In 2023, quarterly revenue shares of iPad were followed by 1st quarter (8.02%), 2nd quarter (7.03%), 3rd quarter (7.08%), and 4th quarter (7.2%).
In the 1st quarter of 2023, Apple iPad shipments dominated the market with a 50% share, resulting in 10.8 million units.
According to a report published by Statcounter in 2023, region-wise market share of iPads was Japan (75.64%), Oceania (78.1%), North America (55.8%), Europe (49.32%), Denmark (76.07%), Canada (67.45%), and Norway (66.65%).
Recently, 50% of iPads have been working under the latest iPadOS 16.
Popular share of iPad models 11-inch and 12.9-inch versions (44%), 10.2-inch iPad (26%), iPad Air (19%), and iPad Mini (7%).
In the United States, almost 56% of businesses use Apple iPads.
The highest-grossing app in the U.S.U.S. is Robolox
Apple Mac Statistics
According to a report published by Statista, by the 1st quarter of 2024, sales revenue by Apple Mac computers will be USD 7.78 billion.
By the end of 2023, global shipments of Mac recorded 5.9 million units.
As of 2024, more than 100 million Mac users are available worldwide.
Mac has sold out 10% of laptops and personal computers to date.
MacOS Catalina dominates the global market with a share of 87.44% in January 2023.
In the United States, MacOS is 2nd most popular operating system, with a share of 30%.
Women are the highest users, with a 66% share.
Meanwhile, in the U.S., 31% of Millennials are using MacBooks.
53% of MacBook users residing in small towns and rural users in America
On the other hand, 87% of engineering professionals are using this device in their work field.
Apple Pay Statistics
Recently, in the United States, 85% of merchants are using the payment method by Apple Pay.
As of 2023, total users of Apple Pay accounted for 48.7 million.
Meanwhile, global users are going to increase in the coming years, such as in 2024 (51.5 million), 2025 (54.2 million), and 2026 (56.7 million).
Generation share statistics by Apple Pay are Gen Z (73.1%), Bridge Millennial (51.1%), Millennial (52.4%), and Baby Boomers (43.9%).
The maximum number of users belongs to the United States, resulting in 39,781, with a 56% share.
Whereas other countries’ users and shares are followed by the United Kingdom (6368 and 9%), Canada (4941 and 7%), and Australia (3585 and 5%).
Total number of users and user shares based on industry statistics are retail (17981 and 26%), apparel and fashion (5136 and 7%), manufacturing (4771 and 7%), and food and beverages (3605 and 5%).
Apple Watches Statistics
(7-year Analyses From 2020 to 2026)
(Source: insiderintelligence.com)
As of the above graph analyses, there are 28.4 million Apple watch users in the United States of America, with a market growth of 7.9%.
By the end of 2024, the total number of Apple users is expected to reach 30.3 million.
Furthermore, in the coming years, Apple users will increase, such as in 2025 (31.9 million) and 2026 (33.4 million).
Apple T.V. Statistics
(5-year Analyses From 2022 to 2026)
(Source: insiderintelligence.com)
According to Apple statistics, 42.1 million individuals worldwide use Apple T.V., a 12.4% share of the total population.
Meanwhile, Apple T.V. users are going to increase in the coming years, such as in 2024 (44.1 million), 2025 (45.9 million), and 2026 (47.7 million).
Apple T.V.T.V. users statistics by population share in 2024 (12.9%), 2025 (13.3%), and 2026 (13.8%).
By Device Traffic
(Reference: semrush.com)
In January 2024, desktop and mobile device traffic of apple.com accounted for 39.94% and 60.06%, respectively.
The United States holds the highest traffic at 36.78%, resulting in 315.21 million, in which desktop and mobile visitors have a share of 43.11% and 56.89%, respectively.
Other countries device traffic are India = 4.99% (42.81 million), Japan = 4.29% (36.77 million), the United Kingdom = 4.03% (34.57 million), and Brazil = 3.43% (29.39 million).
Country-wise desktop and mobile visitors shares are followed by India = (28.34% and 71.66%), Japan = (42.94% and 57.06%), the United Kingdom = (50.03% and 49.97%), and Brazil = (31.76% and 68.24%) respectively.
By Web Traffic
(Source: similarweb.com)
As of January 20, 2024, America was the most visited country. United States of America had 33.18 % of total traffic to Apple.com however, it registered the highest growth of 1.4 % in the total number of site visitors.
Other countries that have recorded the total number of visitors and traffic contribution Japan is 5.57 % (+4.8 %) The United Kingdom = 4.9% (+3.61 %), Canada = 4.02 % (+1.04 %) and China is 3.89 % (-4.61 %)
While the rest of the nations made the total share of web traffic of 48.44 %.
By Demographics
(Reference: similarweb.com)
According to Apple Statistics, the highest number of users observed on Apple.com is between 25 and 34 years old, accounting for 32.17% of the share.
Around 20.78% of website users are between 35 and 44 years old.
55% and 14.39% belong to 18 – 24 years and 45 – 54 years, respectively.
84% of users are aged between 55 and 64 years.
And 5.27% of users are from the age group above 65 years.
The gender share of apple.com is 58.02% male and 41.98% female.
By Traffic Sources
(Reference: similarweb.com)
The most traffic to apple.com is organically sourced which is 47.59 %.
However, there is a 35.83% share of that is direct traffic. This is followed by an 8.61% share from referral searches.
Other sources of traffic to Apple.com include social (3.0%) as well as paid search (2.41%) mail (1.29%) and display (1.24%).
By Social Media Traffic
(Reference: similarweb.com)
YouTube has the highest social media referral rate on apple.com, resulting in 28.21%.
Twitter and Reddit contribute 22.32% and 15.99% of traffic share, respectively.
Meanwhile, traffic shares sent by Facebook were 8.61%, and Linkedin had 7.34% shares.
Other social media networks make a nominal contribution of 17.53%.
Apple Stores Statistics
(Reference: statista.com)
As of October 2023, more than 270 Apple stores are available in leading states in the United States.
California has the highest number of Apple stores, up to approximately 54.
Total number of stores in different states is followed by New York (23), Florida (18), Texas (17), New Jersey (12), Massachusetts (11), Illinois (9), Pennsylvania (8), and Ohio (8).
Popular Apple App Store Categories
(Reference: bigohtech.com)
In the 3rd quarter of 2023, top app stores categories in the U.S.U.S. are Games (339,568), Business (224,740), Education (193,687), Lifestyle (191,230), Utilities (143,422), Entertainment (125,550), Food and Drink (90,477), Travel (82,658), Health and Fitness (80,424), and Productivity (72,158).
Other least preferred categories are Navigation (23,457), Stickers (25,467), News (39,765), Reference (41,999), etc.
Conclusion
After analyzing different segments of Apple Inc., it is clear that the market is growing enormously and expanding its service sector globally. This brand has covered more than half of the market share as it manufactures a wide variety of regularly used smart products with more advanced features like voice commands, which are mostly preferred by the young generation of our society. The market is also predicted to gain more upward trends in the coming years.
Smart Clothing Statistics: Smart clothing is the advanced fusion of technology and fashion equipped with electronic components such as sensors, transmitters, and receivers. These clothes are designed to track users’ biometrics, heart rate, body temperature, and breathing and can respond according to changes and many other features. Currently, the demand seems highest in the sports and defense sector. If you want to learn the facts, this Smart Clothing Statistics will effectively guide you about different smart clothing market segments and their current global trends.
Editor’s Choice
The global smart clothing market is projected to reach $5.3 billion by 2024 and $7.63 billion by the end of 2026.
The healthcare industry and professional sportspersons will account for almost 30% of the market’s revenue.
The Asia Pacific is projected to grow at the fastest CAGR of 14% from 2022 to 2032.
During the same period, the demand for smart shirt products will cross 14% of CAGR.
Using smart medical clothes is supposed to cover a 30% share of the global market.
As of 2024, the smart clothing market in North America is expected to reach $3 billion with a CAGR of 50% from 2017 to 2024.
In the United States, the market value of intelligent clothing for professional sportspersons and the healthcare industry will be projected up to $23.28 billion by 2026.
The top 5 smart clothing manufacturers, such as Nike, Adidas, Under Armour, Hexoskin, and Levi’s, hold a market share of 25%.
Total market revenue generated by China will be the fastest-growing country for smart clothing, resulting in $17.5 billion from 2023 to 2029.
Total shipment of smart garments in 2024 is predicted to grow by 11.9%.
Facts About Smart Clothing
Advanced equipped sensors that are attached to smart shirts allow for monitoring heart health and diabetes management, enable muscle relaxation, and also improve overall quality of life.
Several products are available within the industry, such as Smart Socks, Insoles, Pants, Jackets, Shirts, Dresses, Suits, Scarves, Bras, and Shoes.
As of 2024, some of the best tech clothes available in the market are Nadi X Yoga Pants, Sensoria Fitness Socks, Levi’s Commuter x Jacquard Jacket, UA Recover Clothing, Siren Diabetic Socks, Snap Spectacles 3, and Neviano Swimsuits.
Some practical benefits of using smart clothes are monitoring health conditions, improving athletic performance, and enabling better sleep.
Other disadvantages are high costs, daily life disruption, and privacy concerns
General Smart Clothing Statistics
The smart clothing industry is estimated to reach a valuation of $23.28 billion by 2032.
In the next ten years, from 2022 to 2032, the global industry is estimated to expand at a CAGR of 25%.
The leading service provider of major smart clothing are Smart Clothing Inc., Alphabet Inc., Sensoria Inc., OMsignal Inc., CuteCircuit Ltd., Carre Technologies Inc., MAD Apparel Inc., Wearable X, etc.
According to Goldstein Research analyst, by 2025, the industry’s market will grow to $1175 million with a CAGR of 29.3% from 2017 to 2025.
Market Size Statistics of Smart Clothing and Global E-Textile
(9 Years Analyses fFrom 2021 to 2028)
(Reference: acumenresearchandconsulting.com)
The global market valuation of intelligent clothing and e-textiles in 2023 has resulted in $3,415.4 million.
Due to technological advancements in coming years, the usage of smart clothing in different sectors is going to enhance more, such as in 2024 ($4,459.8 million), 2025 ($5,908 million), 2026 ($7,960.4 million), 2027 ($10,869.1 million), and 2028 ($15,018.9 million).
The projected annual growth of the industry from 2021 to 2028 is expected to reach 32.3% CAGR.
Smart Clothing Market Size Comparison Statistics
(5 Years Analyses)
(Reference: statista.com)
A report published by Mordor Intelligence in early 2020 states that by 2024, the estimated size of the smart clothing market will be $4.95 billion.
A 2019 report by Markets and Markets has claimed that the market size will exceed $5.3 billion.
Meanwhile, two published reports by Mordor Intelligence (2020) and Grand View Research (2019) stated that by 2025 end, the industry’s market size will reach $5.93 billion and $5.64 billion, respectively.
2021 Research and Markets published a report stating that the global smart clothing/fabric market is estimated to reach $6.42 billion by the end of 2027.
By Geography
The Asia Pacific is projected to grow at the highest CAGR of 14% from 2022 to 2032.
Other regions, such as the European and North American markets, will grow at a CAGR of more than 12% and 10%, respectively, within the above-forecasted year.
Furthermore, country-wise annual growth rate within the same period will result in 18% (the United States), 14% (China), India (12%), and France (10%)
(Reference: cloudfront.net)
As of 2024, the smart clothing market in North America is expected to reach $3 billion with a CAGR of 50% from 2017 to 2024.
By Demographics
As of 2023, females are the most users of smart clothes, with a share of 81.3%, and males (18.7%).
The age group user’s statistics are followed by 18 years to 25 years (86.2%), 26 years to 30 years (9.3%), and above 31 years (4.4%).
Based on educational qualification, the usage shares are graduate degree and above (40%), University (57.3%), and high school (2.7%)
By Industries
(Source: nextmsc.com)
Recently, in the smart clothing industry, the leading market growth has been estimated to be achieved by the military and industrial submarket, resulting in a 36% CAGR from 2016 to 2026.
As of 2023, the market valuation for smart Military clothing accounted for $0.66 billion and is expected to cross over $1.35 billion by 2028 with a CAGR of 15.37% from 2023 to 2028.
The smart clothing market has accounted for an enormous growth of $15 billion in the healthcare industry.
The utilization of smart clothes in healthcare sectors is supposed to hold a 30% share of the global market, in which the Asia Pacific will cover the highest CAGR of 24.5% from 2020 to 2026.
The growth rate of smart garments/fabrics for the sports and fitness industry will grow at a CAGR of 25.70% from 2024 to 2029.
By Product Type
(Source: fairfieldmarketresearch.com)
The global market size of activewear has reached $393.2 billion in 2023 and is expected to approach $627.3 billion by 2032, with a growth rate of 5.2%.
According to a report published by Statista, in 2023, the smart wear-to-work clothing market will account for $292 billion.
By the end of 2023, the valuation of smart sleepwear resulted in $12,623 million, with a growth rate of 10.1% CAGR from 2023 to 2029.
Lastly, the smart shoes made a market valuation of $270 million.
By Material Type
(Source: idtechex.com)
According to the e-textiles and smart clothing market, a survey was conducted in 2023 with 256 industry players that stated their preferred material type for manufacturing smart clothes.
78% of survey respondents have used conductive fibers, and 49% used conductive Inks.
Furthermore, other used material types are fibers only (47%), Ink only (18%), Ink and fibers (11%), Ink and polymers (4%), fibers and polymers (2%), and all three (17%).
Smart Fabrics Statistics
(Source: mordorintelligence.com)
By 2024, the estimated market size of smart fabrics will reach $6.81 million units.
The industry’s annual growth rate will grow at a CAGR of 10.85% and is expected to cross $11.38 million units by the end of 2029.
Conclusion
Smart clothing is new in the global market and will soon become a part of our daily lives like Smartphones and other smart wearables. With ever-advancing technology, manufacturers are doing their best to enhance the market at its highest peak along with intelligent features. As mentioned in this paper, many smart garments are available. Smart clothes reflect our personality and enhance our lifestyle; thus, the industry will expand enormously in the coming future.
Scooter Statistics: In the global automotive industry, scooters are one of the most prominent vehicles designed with small engines powered by electric or gasoline. Scooters are more prevalent in every urban area for more extended distance coverage. In every country’s metropolitan city, people are more involved with this industry as these scooters are cost-effective and include an efficient mode of transportation. Technology has played an influential role in this sector by recreating electric scooters. Still, these scooter statistics consist of all current trends in the non-electric scooter market, along with several segmental analyses.
Editor’s Choice
The expected revenue from the worldwide scooter market will reach around $34.48 billion.
The market’s annual growth rate is promising, with a CAGR of 3.78% from 2024 to 2028.
By 2028, the projected market volume will cross above $39.99 billion.
As of 2023, the unit sales of the global scooter market have accounted for 20.01 million motorcycles.
The average price of the scooter market in 2024 will reach up to $1.64 K.
In 2024 India will generate the highest revenue, resulting in $9,782 million.
In the first eight months of 2024, the sales of Indian scooters will hit 4 million units.
By 31st March 2023, one of the leading players in the scooter market, Uber Technologies, had accounted for a global revenue of 48.823 billion and had increased by28.73% from 2022.
In the United States, the fuel scooter market accounted for $37.07 billion in 2023 and is estimated to grow at a CAGR of 9.7% from 2023 to 2030.
In the financial year 2023, almost 5.19 million scooters were sold out, a 26% growth from last year.
General Scooter Statistics
(Source: media.zenfs.com)
By 2030, the global scooter market will increase to $111.7 billion, with a CAGR of 6.1% from 2023 to 2030.
Market leaders in this industry are Yadea Technology Group Co. Ltd., Uber Technologies Inc., Ninebot Ltd., NEUTRON HOLDINGS, INC., Bird Rides, Inc., Spin, GOTRAX, etc.
According to a report published by Polaris Market Research in 2023, the scooter industry’s market valuation accounted for $68.52 billion, and the compound annual growth rate will grow by 5.9% from 2024 to 2032.
In 2023, the mobility scooter market will be $2.03 billion and reach $3.23 billion by 2030, with a growth rate of 6.85% CAGR from 2024 to 2030.
The global conventional scooters and motorcycles market is set to be valued at $ 1,37,145.2 million in 2023.
By Unit Sales
(Reference: statista.com)
As of 2023, the unit sales of the global scooter market have accounted for 20.01 million motorcycles.
Furthermore, in coming years, the unit sales of the market are supposed to enhance, such as in 2024 (20.9 million), 2025 (21.67 million), 2026 (21.72 million), 2027 (24.43 million), and 2028 (22.57 million).
By Country
Unit sales of scooters in India will be 5.67 million by the end of 2028.
By the same time, other countries unit sales are Spain (38.58K), Portugal (8.28K), The United States (27.85K), Thailand (0.57 million), Indonesia (5.04 million), and Vietnam (1.25 million).
By Revenue
(15 Years of Analyses From 2014 to 2028)
(Reference: statista.com)
The global scooter market has generated revenue of up to $32.37 billion in 2023; by the end of 2024, market revenue will reach above $34.48 billion.
In the coming years, revenue rates are going to increase, such as in 2025 ($36.23 billion), 2026 ($37.55 billion), 2027 ($39.43 billion), and 2028 ($39.99 billion).
Revenue Comparison Statistics by Countries
In 2024 India will generate the highest revenue, resulting in $9.78 billion with a CAGR of 5.75% from 2024 to 2028.
Other top countries expected revenue generation and CAGR in the above forecasted period will be China = $6.16 billion (1.66%), Indonesia = $5.85 billion (3.53%), Thailand = $1.43 billion (0.86%), and Vietnam = $1.28 billion (2.45%).
Conventional Scooters and Motorcycles Market Statistics
The global conventional scooters and motorcycles market is set to be valued at $ 1,37,145.2 million in 2023.
By the end of 2033, the projected market valuation has reached $ 1,99,138 million.
Meanwhile, the market’s growth rate is supposed to grow by 3.8% of CAGR from 2023 to 2033.
Top countries such as India, Japan, and the United States make a collective share of over 82.3%.
The market shares in 2023 based on countries are India (4%), Japan (9.9%), and the United States (14.5%).
The dominant engine capacity type is 150 cc, with a market share of 21.7%, resulting in $1 03,721 million by the end of 2023.
Scooter Market Size Statistics
(11-year analyses from 2022 to 2032)
(Reference: precedenceresearch.com)
In 2023, the market size of scooters will account for $75.44 billion; by 2024, the market size will reach above $80.04 billion.
The growth rate of the global market will grow by 6.5% CAGR from 202 to 2032.
Furthermore, in coming years, the market size is going to increase, followed by 2025 ($85.01 billion), 2026 ($90.36 billion), 2027 ($96.15 billion), 2028 ($102.4 billion), 2029 ($109.15 billion), 2030 ($116.47 billion), 2031 ($124.39 billion), and 2032 ($132.97 billion).
The Asia Pacific region dominated the global market with over 70% share.
Based on the product type, the regular scooter segment held the largest share, with more than 72%.
United States Scooter Market Statistics
The total revenue generated by the overall scooter market in the U.S. will be $153.10 million by 2024.
The market revenue is supposed to grow to $172.30 million by the end of 2028, with a growth rate of 3% from 2024 to 2028.
In the nation, unit sales of scooters are also estimated to increase in coming years, followed by 2024 (25.19K), 2025 (25.96K), 2026 (26.46K), 2027 (27.27K), and 2028 (27.85K).
The projected market volume will be $172.30 million by the end of 2028.
Indian Scooter Market Sales Statistics
(Reference: autocarindia.com)
In the first eight months of 2024, the sales of Indian scooters will hit 4 million units.
As of November 2023, domestic market sales units and growth rate are followed by Indian scooter companies were Honda Motorcycle and Scooter India = 2, 20,034 (14%), TVS Motor Co. = 1, 27,879 (59%), Suzuki Motorcycle India = 70,921 (14%), Hero MotoCorp = 46,216 (24%), India Yamaha Motor = 23,569 (14%), Bajaj Auto = 8,472 (153%), Ather Energy = 7,794 (-3%), Piaggio Vehicles = 3,653 (31%), Okinawa Autotech = 483 (-90%), and Chetak Technology = 98.
Kid’s Scooter Market Statistics
As of 2023, the worldwide kid’s scooter market valuation has secured $0.02 billion with a growth rate of 3%.
The market size of the kid’s scooter is estimated to grow by 5.42% CAGR from 2022 to 2027, resulting in $14.8 million by the end of 2027.
The year-over-year growth rate of the market has grown by 4.99% in 2023.
The North American region is estimated to grow at a CAGR of 33% during the forecasted period.
Electric Scooter Market Statistics
The market value of global electric scooters in 2023 will account for $76,335 million and reach above $94,536 million by the end of 2024.
The hub drive motor type will dominate the electric scooter market with a share above 70%.
On the other hand, the belt chain type segment will grow at a CAGR of 11.2% from 2023 to 2030.
The electric scooter market is classified into commercial and personal use based on end-use. In the above forecasted period, the personal use segment will dominate by 60% global share in the e-scooter market.
The commercial segment’s annual growth will be approximately 12.7% (2023- 2030).
The 48V is the fastest-growing category based on voltage; almost 70.4% of income was generated.
The fastest growing power output segment in the North American e-scooter market is 20KW to 100KW, with an annual growth rate of 37.4% CAGR.
Scooter Website Traffic Statistics
By Country
(Source: similarweb.com)
By December 2023, Germany had 35.68% of total traffic on scooter-center.com, but it recorded an increase in total website visitors by 12.81%.
Other countries recorded the following contribution in total traffic and visitors share: Italy = 20.97% (+17.35%), Spain = 9.71% (+17.63%), France = 5.72% (-57.25%), and Belgium = 3.84% (+112.5%)
Meanwhile, other countries collectively made around 24.09% of the share of total website traffic.
By Age Distribution
(Source: similarweb.com)
According to the Scooter Statistics by the demographic state, the highest number of users observed is between 45 and 54 years, resulting in 20.9%.
There are 18.84% of scooter users aged between 35 and 44 years.
36% and 15.6% belong to 55 to 64 years and above 65 years, respectively.
15% of users aged between 25 and 34 years.
And 11.16% of users are contributing from the age group of 18 years to 24 years.
Maximum users share 80.48% and 19.52% of males and females, respectively.
Through Channels For Marketing and Distribution
(Reference: similarweb.com)
The highest amount of traffic for scooter-center.com is through organic search that is 44.06 percent.
21.91 percent of traffic is direct and 20.6 percent is paid search.
Additionally, the other sources of traffic for scooter-center.com include display search (10.5 percent) Social (1.62%)) and Referral (1.31 percent).
Based on the rates of referral, YouTube holds the highest percentage of 99.56 percent and Facebook (0.44%).
Conclusion
At last, petrol or expected scooters are still significant in the global market. In recent years, the highest revenue is supposed to be generated by the Indian scooter market globally. Due to scooter services’ affordability and convenient features, the overall market has gained massive popularity among tourists.
These scooter statistics include all possible current trends in the global market, such as revenue share, usage, types, website traffic, etc. All the above statistical analysis will guide you better in understanding the recent scooter market.
Nikon Statistics: Let’s dive into Nikon Corporation’s global market trends, along with the latest corporate updates for 2023 and 2024. This company has a broad business segment that includes cameras, lenses, digital imaging products, precision equipment, optics, microscopes, binoculars, and measuring instruments. So, with clarity, several products with innovative features are available in the market.
Also, in the coming years, Nikon will launch many new products. As Nikon is another of the best camera brands, thousands of people are investing in the brand this year. This Nikon Statistics includes insights from various aspects that will guide you better in understanding the current market analyses effectively.
Editor’s Choice
The average revenue earned by any Nikon product (ILC + lens + compact) in 2023 was 665 billion yen, which has grown by 40%.
On the other hand, Nikon Corporation’s profit attributable to owners of a parent in 2023 resulted in 45 billion yen in 2023.
In the 1st quarter of 2023, Nikon’s Imaging Products sales resulted in 340K units, and interchangeable lenses secured 2nd place, resulting in 200K sales units.
Sales revenue from imaging products has increased by 18.7% from last year.
Total market capitalization earned by Nikon by February 2023 accounted for $3.53 billion, which has increased by 12.72% from 2022.
In fiscal year 2023, Nikon Corporation’s precision equipment business generated the highest revenue of 203.3 billion yen.
The total website visits to nikon.com in January 2024 was 864.3K, which has increased by 8.41% and the bounce rate by 52.95%.
The United States of America holds the largest revenue share of 159.8 billion yen by Nikon Corporation in 2023.
In December 2023, worldwide Nikon camera import and export shipments stood at 18.7K, with 1281 buyers and 1080 suppliers.
In recent years, Nikon forecasted almost 750,000 bodies and 1,200,000 lenses to be sold, with a market share of 13% and 11.4%, respectively.
Facts About Nikon
As of 25 July 2023, Nikon Company has completed 106 years of business operation.
Currently, Nikon products are present across 90 countries around the world.
Popularly notable products of Nikon are F-series 35mm film SLR cameras, Nikkor lenses, D-Series DSLRs, Z-Series mirrorless cameras, Nikonos of underwater film cameras, and the Coolpix compact cameras.
Annually recruited female employees of Nikon will be almost 1.2% in 2024.
In June 2023, Nikon launched the Z FC mirrorless camera features, a built-in electronic viewfinder, a 20.9-megapixel sensor, manually controlled buttons, and a 3-inch vary-angle touch screen.
In India, the maximum sales of Nikon India come from mirrorless cameras, with over 72% share.
General Nikon Statistics
(Reference: statista.com)
In 2023, the total number of employees working at Nikon was 18,790, an increase from last year.
As of 31 March 2023, the market’s annual growth rate has increased by 1.91%.
Due to the high demand for ophthalmology instruments, semiconductors, and electronic components, Nikon’s healthcare business sales have increased by 16.5%, and the revenue earned resulted in 73,243 million yen.
In 2024, Nikon’s digital camera manufacturer ranks 3rd with a market share of 12% after Canon and Sony.
During festive or wedding seasons in 2024, Nikon is expecting to make a higher sales rate of 35%
Medium-Term Management Plan of Nikon
(6-year Analyses From 2019 to 2025)
(Source: nikon.com)
As of the above graph analyses, the total revenue accounted for by Nikon in 2023 was 665 billion yen, operating profit was 43 billion yen, and return on equity (ROE) resulted in 5.6%.
Meanwhile, by the end of 2024, revenue is estimated to reach 700 billion yen with more than 70 million yen operating profit and an ROE of up to 8%.
Nikon’s Revenue Statistics
By Imaging Products Business
(Reference: nikonrumors.com)
In March 2023, actual revenue accounted for 300 billion yen and an operating profit of 42.2 million yen.
During the same period, revenue earned by digital camera-interchangeable lens type resulted in 178.2 billion yen; others are followed by Interchangeable lens (230 billion yen) and compact DSC (227.1 billion yen).
By 31 March 2024, revenue is expected to increase by 12.9 billion yen from last year, resulting in 240 billion yen, and the operating profit will be 38 billion yen.
By Precision Equipment Business
(Reference: nikon.com)
It is predicted that by the end of March 2024, revenue earned by the FPD Lithography system and Semiconductor Lithography system will be 203.2 billion yen and is expected to be reduced by 6.8 billion yen from last year.
As of February 2023, the total revenue earned by the FPD Lithography system and the Semiconductor Lithography system was 210 billion yen.
The operating profit earned in March 2023 was 24 billion yen; in 2024, it will be 24.3 billion yen.
By Other Segments
In March 2023, Nikon’s total revenue accounted by healthcare business was 99.3 billion yen, and operating profit resulted in 11.5 billion yen.
Other segment’s revenue and operating profits are followed by the components business (53.9 billion yen and 14.6 billion yen), industrial metrology, and others (44.3 billion yen and .6 billion yen), respectively.
Popular Nikon Product Statistics
(Source: dpreview.com)
Recently, in 2024, Nikon cameras and lenses have received more views and preferences globally, and around 210,745 views have been received in the last 120 hours.
View share of camera and lenses are Nikon Zf (13.6%), Nikon Z8 (8.9%), Nikon Coolpix P1000 (4.8%), Nikon Z5 (2.9%), Nikon Z fc (2.7%), Nikon D750 (2.5%), Nikon Z50 (1.7%), Nikon Z7 (1.7%), Nikon D850 (1.6%), and Nikon D810 (1.6%).
The best-selling cameras are the Nikon Z8 and the Nikon Zf, which cost $3,996 and $1,996, respectively.
Meanwhile, the cost of best-selling lenses is Nikon Z 24-120mm f / 4S ($1,096) and Nikon Z 180-600mm f / 5.6-6.3 VR ($1,696).
Nikon’s Revenue by Region
The United States of America holds the largest revenue share of Nikon Corporation, which is estimated to be 26% by 31 March 2024.
The company’s revenue is expected to be generated by China at 21%.
Furthermore, other regions estimated revenue share are followed by Europe (21%), Japan (17%), and others (17%).
By the end of 2023, revenue accounted by Nikon India was almost Rs. 900 crore.
Nikon Website Traffic by Country
(Source: similarweb.com)
As of January 2024, Japan had 48.51% of the total traffic on nikon.com, but it recorded a decrease of 0.78% in total website visitors.
Other countries that recorded total traffic and visitors share contribution is the United States = 13.41% (+11.15%), China = 5.32% (+34.13%), the United Kingdom = 2.93% (+29.92%), and India = 2.44% (+16.05%)
Meanwhile, the rest of the countries collectively made a total website traffic share of 27.39%
By Device Statistics
(Reference: semrush.com)
Globally, desktop and mobile device visitors share on nikon.com are 17.87% and 82.13%, respectively.
17% of visitors belong to India, resulting in 482.36K, of which desktop and mobile visitors hold a share of 1.81% and 98.19%, respectively.
Other countries Nikon.com visitors share are the United States = 24.06% (i.e., 339.73K), Japan = 17.46% (246.5K), the United Kingdom = 3.24% (45.7K), and Indonesia = 2.88% (40.73K).
Country-wise desktop and mobile visitor shares on Nikon.com are followed by the United States (13.28%and 86.72%), Japan (45.22% and 54.78%), the United Kingdom (4.37% and 95.63%), and Indonesia (0.5% and 99.5%).
By Age Distribution Statistics
(Reference: similarweb.com)
The gender share of nikon.com is 69.44% male and 30.56% female.
According to Nikon Statistics, the highest number of users observed is between 25 and 34 years old, resulting in 23.56%.
Around 22.26% of Nikon users are aged between 45 and 54 years.
26% and 14.67% belong to 35 – 44 years and 55 – 64 years, respectively.
21% of Nikon users are aged between 18 and 24 years.
And 8.43% of users are from the age group above 65 years.
By Traffic Sources Statistics
(Reference: similarweb.com)
The highest traffic rate towards Nikon.com is by organic search, resulting in 42.6%.
15% is direct traffic, followed by a 16.05% share from referral search.
Furthermore, other traffic sources towards nikon.com are paid search (1.06%), social (1.51%), mail (1.15%), and display (0.48%).
Social Media Traffic Statistics
(Reference: similarweb.com)
Twitter has the highest social media referral rate on the website of nikon.com, resulting in 32.59%.
YouTube and Reddit contribute a traffic share of up to 23.03% and 21.24%, respectively.
Traffic share sent by Facebook is 14.38%, and Linkedin made around 4.85%.
Meanwhile, other social media networks make a nominal contribution of 3.9%.
Sales Unit Statistics by Nikon Imaging PZroducts business (from 2020 to 2024)
(Reference: nikonrumors.com)
Nikon’s imaging products business is segmented into DCIL (digital camera-interchangeable lens type) and interchangeable lenses.
Total sales units of both products in the 1st quarter of 2023 was 540K, whereas in the 2nd, 3rd, and 4th quarter of 2023, sales resulted in 440K units, 530K units, and 350K units, respectively.
By the end of 1st quarter of 2024, both product categories are estimated to make 550K unit sales.
Nikon Camera Shipments
According to a report of Volza Grow Global in December 2023, worldwide Nikon camera import and export shipments stood at 18.7K with 1281 buyers and 1080 suppliers.
Top importers shipments of Nikon cameras are the United States (3,911 units), India (3,827 units), and Hong Kong (2,807 units).
The top export shipment statistics by countries are India (9,807 units), Japan (2,642 units), and China (1,789 units).
Global buyers of Nikon cameras are Vietnam (243), India (213), the United States (152), the Philippines (88), Hong Kong (73), and Singapore (69).
Global suppliers are China (206), Japan (158), India (125), the United States (103), Vietnam (82), and Thailand (58).
Conclusion
The Nikon Corporation is a reputable company growing enormously worldwide due to its involvement in imaging products, instruments, precision equipment, and others. This Japanese company was established in July 1917 and still ranks 3rd in digital camera manufacturing globally in 2024.
Several important factors are described in the article, such as market share, segmental revenue, sales unit, website traffic, usage, shipments, and recently launched Nikon products. The analyses will help you understand the current market trends effectively.
Wireless Adapter Statistics: As to reports, the global market size of wireless adapters is expected to reach above $2.48 billion by the end of 2030. This market is gaining huge popularity, as around the world the demand for wireless technology adoptions is increasing along with the increment of high-speed internet connectivity in industries, home automation, and gaming sectors. After the advancement of technology, the use of wireless adapters has reduced somewhat as today’s portable computers already have built-in wireless connectivity which can be enabled or disabled as per user requirement.
These Wireless Adapter Statistics include insights from various aspects that provide light on the importance of the industry over the world in recent days.
Editor’s Choice
According to Data Intelo’s analysis, it is anticipated that the worldwide market for wireless adapters will surpass USD 1.08 billion in value by the year 2023. By the close of 2030, this market’s worth is projected to climb to USD 2.48 billion.
Throughout the period from 2023 to 2030, the wireless adapter market is expected to witness a growth rate of 10.5% annually.
Wireless adapters, which are commonly utilized in devices equipped with PCI and USB interfaces, have seen a notable preference for wireless PCI adapters over their counterparts.
These adapters are available with transmission standards of either 2.4GHz or 5.0GHz.
The most significant expansion in the wireless adapter sector, as of 2023, has been recorded in the Asia Pacific region, specifically within China, India, and South Korea.
Reports from Zipdo.co suggest that by the conclusion of 2028, the wireless technology market globally is forecasted to reach a staggering USD 6.36 trillion, expanding at an annual growth rate of 36.7% from 2021 to 2028.
Furthermore, by the end of 2028, the worldwide market size for home routers is anticipated to reach USD 3558.7 million, with a compound annual growth rate of 4.1% from 2022 to 2028.
What is a Wireless Adapter?
The wireless adaptors are hardware devices connected to a laptop/computer or any workstation devices that help in connecting a wireless system. The wireless adapter market is segmented into two types such as wireless PCI adapters, and wireless USB adapters.
The PCI adapters are installed within the desktop computer’s PCI slot to enable wireless connection and high-speed data transmission. Whereas, USB adapters are portable devices simply plugged into a computer or laptop USB port flexibly to enable wireless connectivity.
General Statistics of Wireless Adapters
As of 2023, wireless adopters are more likely used by Mac users as compared with Windows users.
The market growth has enhanced enormously, due to the increasing demand for Wi-Fi connectivity in homes and businesses.
Whereas, users of Linux are using the wireless adapters more if compared to Mac and Windows users.
The leading market players in the industry are Netgear, D-Link, TP-LINK, Logitech, and Cisco.
There are two types of wireless adapters such as PCI adapters, and USB adapters.
The highest growing region is the Asia Pacific; countries including China, India, and South Korea.
Top importers of wireless adapter shipments are followed by India (6,460), the United States (3,691), and Peru (3,260).
Top exporters of wireless adapter statistics by shipments are followed by China (14,357), Vietnam (2,306), and the United States (681).
Facts About Wireless Adapter
Wireless adapters use radio waves to connect to the internet without needing wires. They turn data into radio signals and back again so computers can understand.
Different types exist for different devices. Some are built into laptops, while others can be plugged in via USB or fit into slots on the side of the device.
USB WiFi adapters are easy to install and make it simple for computers without WiFi to connect to wireless networks. They are particularly useful for older desktops or laptops.
USB adapters might not improve bad WiFi connections; their purpose is to enable WiFi connectivity on devices lacking built-in support. For better coverage, consider using an adapter with an external antenna.
Choosing the right adapter involves considering WiFi standards like 802.11b, g, n, which affect speed and compatibility with your network.
Adapters work best with clear line of sight to the router. Obstructions can affect performance, but USB adapters with external antennas can help in more challenging setups.
Advantages and Disadvantages of Wireless Adapters
Advantages
These allow easy access and availability to users to communicate, without any requirement of extra adapters or cables.
Improves data communication with businesses and customers by enabling a faster data transferring system.
Flexibility and cost-saving are effective benefits of using wireless adapters.
Also promotes new opportunities by offering new services and products such as ‘hot spot’ Wi-Fi services in train stations, airport lounges, restaurants, hotels, and cafes so that people can stay connected to their office while traveling.
Disadvantages
As of the current situation, security is the biggest issue because wireless transmissions are more exposed to being attacked by hackers or unauthorized users.
Other problems are installation problems, difficulty in coverage, and less efficient transmission speed.
Specification of Wireless Network Adapters
The most used wireless network adapters use (IEEE) 802.11 specification and most wireless devices are based on this specification.
802.11a: wireless speed (54 Mbps), transmission frequency (5 GHz), and indoor range between 25 and 75 feet.
802.11b: wireless speed (11 Mbps), transmission frequency (2.4 GHz), and indoor range between 100 and 150 feet.
802.11g: wireless speed (54 Mbps), transmission frequency (2.4 GHz), and indoor range between 100 and 150 feet.
802.11n: wireless speed (600 Mbps), transmission frequency (2.4 GHz / 5GHz), and indoor range between 200 and 300 feet.
Wireless Adapter Statistics by Shipment
According to the Global Reports of 2023 by Volza, the worldwide market for wireless adapters witnessed shipments totaling 22,000 units, involving 2,855 buyers and 2,757 suppliers.
The leading importers of wireless adapters were India, receiving 6,460 shipments, followed by the United States with 3,691 shipments, and Peru with 3,260 shipments. Other notable importers include Vietnam (3,134), Indonesia (1,253), Hong Kong (670), the Philippines (532), Turkey (528), Pakistan (261), Ukraine (246), Guatemala (224), the United Arab Emirates (180), Ecuador (155), and Taiwan (101).
The primary product categories imported globally for wireless adapters are identified by their Harmonized System Nomenclature (HSN) codes: 85176290, 8517622000, and 85176990.
On the export side, China led the market with 14,357 wireless adapter shipments. Vietnam and the United States followed with 2,306 and 681 shipments, respectively. Other significant exporters included Singapore (675), India (551), Hong Kong (530), Malaysia (385), Taiwan (258), Germany (226), Japan (178), Thailand (165), Turkey (147), Australia (112), Mexico (107), and South Korea (102).
The top product categories for exports mirrored those for imports, with HSN codes 85176290, 85176990, and 8517622000 being the most traded.
Global Buyer and Suppliers of Wireless Adapters Statistics by Country
As of reports, in 2023 there are 2,855 buyers available spread over 94 countries and 2,757 suppliers in 60 countries.
Top country buyers are followed by the United States (597), Vietnam (536), India (399), Peru (137), Turkey (129), Philippines (110), Pakistan (84), Indonesia (71), Ecuador (58), and Brazil (50).
Top country suppliers are followed by China (1,334), Vietnam (258), the United States (217), Hong Kong (130), India (81), Taiwan (68), Singapore (60), Germany (56), Turkey (54), South Korea (54), and Japan (50).
Wireless Adapters Statistics by Types
As of reports, there are two types of wireless adapters available around the world Wi-Fi adapters and Cellular / mobile broadband adapters
According to the reports of Market Research Future, the market size of Wi-Fi Adapter cards is expected to reach $6.34 billion by the end of 2030.
According to the reports of Future Market Insights, the cellular/mobile broadband adapter market is expected to reach $48 billion by the end of 2032, with a CAGR of 9.9% from 202 to 2032.
Wireless Adapter Statistics by Companies
In 2023, the leading market players in the industry are Netgear, D-Link, TP-LINK, Logitech, and Cisco.
According to the precision report analysis, the top 3 leading industries Netgear, D-Link, and TP-Link have generated 41% of revenue share in 2023.
According to the reports of counterpoint research, in the 1st quarter of 2023 total revenue earned by Netgear was between the ranges of $185 to $200 million.
As of 2023, the TP-Link is known to be the world’s largest provider of WLAN devices and the company holds a market share of 17.8%.
According to the reports of Macrotrends, by the end of 2023 total revenue earned by Logitech is going to be $4.539 billion.
The market capitalization of Cisco in 2023 is expected to be $196.59 billion, which has increased by 0.45% from 2022.
Wireless Connectivity Statistics by Revenue
(Reference: statista.com)
As of the above graph analysis, global revenue earned by the wireless connectivity market in 2023 is expected to be $76.5 billion.
In coming years, revenue rates are expected to reach higher followed by 2024 ($86.8 billion), 2025 ($98.6 billion), 2026 ($112.2 billion), and 2027 ($127.9 billion).
Wireless Adapter Trends
Market Growth: The global wireless adapters market is projected to grow from USD 1.02 billion in 2022 to USD 2.48 billion by 2030, with a compound annual growth rate (CAGR) of 10.5%. This growth is driven by increasing demand for high-speed internet connectivity and the rising number of connected devices.
Technological Advancements: Innovations and advancements in wireless adapter technology, such as the introduction of wireless charging standards by the Wireless Power Consortium, aim to unify the industry under a single global standard, enhancing user experience for wearables and mobile devices.
Post-Pandemic Recovery: The COVID-19 pandemic affected the demand and supply chain across various industries, including semiconductors. However, the shift towards contactless solutions and heightened hygiene awareness is driving interest in wireless technology as a convenient and touch-free alternative.
Product Innovation: Companies are innovating and adapting technologies to improve product efficiency and performance. For example, Morphine, a subsidiary of ZAGG, launched its snap+ wireless charging ecosystem, catering to both at-home and on-the-go multi-device charging needs.
Regional Dynamics: Asia-Pacific is expected to be the fastest-growing market in the world due to early adoption of technological advancements such as AI and IoT, and the push towards smart city initiatives, particularly in China. The development of smart infrastructure is expected to open new avenues for wireless connectivity systems.
Consumer Electronics Dominance: The consumer electronics segment accounted for the largest revenue share in 2022 and is expected to continue this trend, driven by widespread integration of wireless charging technology into smartphones, smartwatches, wireless earbuds, and other devices.
Automotive and Healthcare Applications: The automotive segment is seeing increased adoption of electric vehicles, driving demand for wireless charging infrastructure. In healthcare, the integration of wireless charging into medical devices, such as wearable health monitors and smart medical implants, is promoting segment growth.
Recent Development
5G Network Deployment: The rollout of 5G technology is advancing globally, with leading countries like the United States and South Korea having launched services in major cities. 5G promises to bring major changes to the mobile landscape, offering significantly increased speeds and reduced latency. The global average 5G download speed is reported at 250Mbps as of March 2022.
Wi-Fi 6 Adoption: The introduction of Wi-Fi 6, also known as 802.11ax, marks a significant step forward in terms of speed and efficiency for wireless networking. Countries such as the United States, United Kingdom, and Canada are leading in the adoption of Wi-Fi 6, which is expected to enhance the internet experience for users. Regulatory bodies in these countries have approved the use of Wi-Fi 6, paving the way for widespread implementation.
Development of Wi-Fi 7: The Wi-Fi7 (802.11n standard) has been finalized and is currently being implemented by manufacturers, offering increased speeds and range over the previous standards. Wi-Fi 7 is expected to further enhance wireless networking capabilities with even higher speeds and extended range.
Wi-Fi Sensing: An emerging technology, Wi-Fi sensing, utilizes devices’ ability to detect the presence of Wi-Fi networks and gather information about them. This technology has potential applications in various fields, including automation and security, by enabling devices to react based on the presence or movement of people and objects within a Wi-Fi network’s range.
Millimeter Waves for 5G: Millimeter wave technology is being explored for its application in 5G wireless communications. It offers large bandwidth and the ability to penetrate obstacles, making it suitable for delivering high-speed internet in dense urban areas and for specific applications like medical imaging.
Low Power Wide Area Network (LPWAN): LPWAN technology is designed for long-distance communication at a low bit rate, making it ideal for connecting devices over long distances with minimal power consumption. It’s particularly useful in the Internet of Things (IoT) applications.
Vehicle to Everything (V2X) Communication: V2X communication technology enables vehicles to communicate with each other and with infrastructure, improving road safety and efficiency. The U.S. Department of Transportation has announced plans to equip all new cars and trucks with V2X technology in the future.
Advancements Towards 6G: The development of 6G technology is underway, focusing on creating a fully connected world that supports a vast array of intelligent devices and services. 6G is expected to integrate various networks, including WLANs, to support explosive growth in high-bandwidth applications and massive sensor arrays.
Best Wireless Adapters
(Source: futurecdn.net)
Netgear Nighthawk AC1900 Wi-Fi USB Adapter (best for value)
Specifications: frequency (2.4 GHz + 5 GHz), dimension (120*45*22 mm), and weight (66.5 gm).
This device is available at Amazon and costs $54.204.
Features: enables fantastic connectivity and includes an effective desktop cradle.
(Source: futurecdn.net)
Asus PCE-AC88 (best PCI wireless network adaptor)
Specifications: frequency (2.4 GHz +5 GHz), dimension (103*68.9*21 mm), and weight (125 gm).
This device costs $102.4045 and is available at Amazon.
Features: enable brilliant performance and have a remote antenna.
(Source: futurecdn.net)
Trendnet TEW-809UB (best for accessing unreachable areas)
Specifications: frequency (2.4 GHz +5 GHz), dimension (85*75*20mm), and weight (48 gm).
This device costs around $100.48 and is available at Amazon.
Features: provides the fastest speed and greater range.
Specifications: frequency (2.4 GHz +5 GHz), dimension (95.2*120.8*21.5mm), and weight (481 gm).
This device costs $60.23 and is available at Amazon.
(Source: futurecdn.net)
Asus USB-AC68 (best for frequent travelers)
Specifications: frequency (2.4 GHz +5 GHz), dimension (115*30*17 mm), and weight (44 gm).
Features are easy to install and positional antennae.
This device costs $156.20 and is available at Amazon.
Conclusion
As of today, after completing the article on Wireless Adapter Statistics it can be stated that the overall article provides a possible overview of the industry including market size, key players, shipment units, countries, types, etc. The wireless adapter includes several advantages and one of the best is this allows wired devices to pick up Wi-Fi signals. if still you are not using a wireless adapter yet, then must give it a try and you can buy it as per your preference. I hope all the above-explained statistics will help you in understanding the topic effectively.