Garmin releases 2022 Connect Fitness Report

Rhea-AI Summary

Garmin (NYSE: GRMN) released its 2022 Garmin Connect Fitness Report, revealing significant shifts in fitness habits post-pandemic. The report highlights a surge in logged activities with the Garmin Connect app reaching an all-time high, as consumers resumed pre-pandemic routines. Key insights include a 143% year-over-year growth in skiing/snowboarding activities and a 40% increase in gravel cycling activities. Home-based workout activities have leveled off, while indoor sports like running and swimming have surged. The report marks the third year of annual insights into fitness trends.

Positive

• Garmin Connect app activities hit an all-time high.
• Skiing/snowboarding activities increased by 143% year-over-year.
• Gravel cycling logged activities up by 40% over 2021.

Negative

• None.

Global smartwatch data offers insights into fitness tends

OLATHE, Kan., Dec. 12, 2022 /PRNewswire/ -- Garmin (NYSE: GRMN), today released its 2022 Garmin Connect Fitness Report, shedding light on the changing exercise habits of Garmin customers around the world as millions returned to pre-pandemic routines. The number of activities logged in the Garmin Connect™ fitness community app reached an all-time high, and the data reflects a shift in the movement of active lifestyle customers as they resumed travel to the office, to the gym and to their favorite vacation spots.

Here are some high-level insights:

• Home-based activities that skyrocketed amid lockdowns such as indoor cycling and yoga leveled off, while indoor activities that couldn't be performed in a home gym such as indoor running, indoor rock climbing and lap swimming rose sharply.
• As leisure travel roared back in 2022, so did vacation-based activities such as resort skiing, scuba diving, sailing and surfing. Skiing/snowboarding was the fastest growing Garmin Connect activity, up 143% year-over-year.
• Gravel cycling continues to be on a roll, with total activities logged up 40% over 2021.

This is the third year for the annual year-end report.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, connect with @garmin on social media, or follow our adventures at garmin.com/blog.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark and Garmin Clipboard and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations.  The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 28, 2019, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983).  A copy of such Form 10-K is available at https://www.garmin.com/en-US/company/investors/earnings/. No forward-looking statement can be guaranteed.  Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Krista Klaus
913-397-8200
media.relations@garmin.com

 

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SOURCE Garmin Ltd.

FAQ

What insights were revealed in the 2022 Garmin Connect Fitness Report?

The report highlights significant shifts in fitness habits, including a 143% increase in skiing/snowboarding activities and a 40% rise in gravel cycling activities.

How did the number of activities logged in Garmin Connect change in 2022?

The number of activities logged in the Garmin Connect app reached an all-time high as users returned to pre-pandemic routines.

What sports activities saw a decline in 2022 according to Garmin's report?

Home-based activities like indoor cycling and yoga leveled off after a surge during lockdowns.

Which activity was the fastest-growing in the Garmin Connect report?

Skiing/snowboarding was the fastest-growing Garmin Connect activity, increasing by 143% year-over-year.