openPR Logo
Press release

Mobile Sensing Fitness Market – Growth Opportunities, Pitfalls and Challenges 2017-2024

06-01-2018 09:28 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

The mobile sensing fitness market is segmented based on products and advanced mobile connectivity. Based on product types, the market is segmented into smart watches, activity trackers, speed, cadence, and heart rate monitors. With the launch of new applications such as, wristbands, hand-wear and fitness belts the smart watches segment is expected to show a considerable growth over the coming years. The segment is showing progress owing to the innovations and is attracting several potential entrepreneurs to this industry. Leading industry players such as Apple, Maritime, Samsung, and Sony are relying on R&D investments to help maximize their respective market shares.

Mobile Sensing Fitness Market size is anticipated to witness several growth opportunities over the forecast timeline, owing to the increase in usage of advanced fitness devices such as smart watches and fitness trackers. Increased awareness regarding fitness among consumers and technological advancements are expected to fuel the mobile sensing fitness market demand.

Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1592

Mobile sensing fitness components are used in fitness and health devices to measure parameters such as heartbeat rate, muscle activity, 3D motion sensing, and hydration or bio-impedance levels. Rapid developments in sensing technologies is enabling regular health monitoring and is helping create fitness records for its end-users. This helps reduce medical expenditure, encourages fitness, and provides enhanced results. Consumers are consistently monitoring their health, owing to increase in health consciousness. Other factors such as aging population, frequent occurrence of diseases, and increasing healthcare costs are also expected to drive the mobile sensing fitness market demand.

Growing consumer demand for these devices has encouraged manufacturers to develop multi-function gadgets with smartphone connectivity, notifications, and alerts. Increase in R&D efforts, & venture capital funding’s, coupled with several ongoing innovations which are being offered by the mobile/IT industry are expected to drive the mobile sensing fitness market growth. Increasing acceptance of fitness applications and technological developments such as Bluetooth radios with mobile sensors are anticipated to positively impact the industry growth. These devices allow the connection between low power wireless wearable devices, internet, and sensor-infused smartphones. Combining multiple devices into one to monitor multiple activities using one device is the ongoing trend in the mobile sensing fitness market which will provide ample of growth opportunities to the manufacturers.

Lack of standardization and unregulated usage of fitness and health devices is anticipated to cause hindrance to mobile sensing fitness market growth. Furthermore, these devices are not capable of accurately diagnosing the illness of a patient and might pose as a threat to user’s health. In addition, high service & maintenance expenses and interoperability issues are expected to restrict mobile sensing fitness market growth.

Based on advanced connectivity solutions, the devices are classified into Bluetooth smart & Bluetooth classic, low power components, ANT sensor alliance, near field communications (NFC), Wi-Fi, and Body LAN. The Bluetooth smart has connected infinite wireless wearable sensors to the internet and sensor infused smartphones which are providing application developers new markets opportunities. These opportunities are expected to grow at an astonishing pace with shipments of the devices which are supporting fitness and sports mobile apps at a rising speed of 10X over the coming years thereby driving the mobile sensing fitness market demand.

North America is expected to dominate the mobile sensing fitness market, owing to the high adoption rate of enhanced fitness technology. The region is witnessing growing awareness among its consumers owing to improved health care facilities and focus on prevention of diseases pertaining to lack of fitness. The fitness apps are gaining popularity from its consumers as they are helping create a healthy competition amongst its users through functionalities such as progress dashboards and sharing the workout results on social networking websites.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1592

In Asia Pacific, the mobile sensing fitness market is expected to grow at fast rate, due to increasing awareness for health among consumers and rising disposable incomes. Economies in the region such as South Korea, India, China, and Japan are expected to exhibit high growth potential over the forecast timeframe. The mobile sensing fitness market manufacturers are increasingly setting their base in the region, as the government administrations are helping provide the manufacturers cost-effective labor and other incentives.

Some of key mobile sensing fitness market participants include Motorola, Adidas, LG, Fitbit, Google, Garmin, Apple, Microsoft, Samsung, Polar, and Nike. The market players are focusing on enhancing consumer experience by increasing R&D investments and are participating in new product developments to strengthen their position in the mobile sensing fitness market. For instance, in October 2016, Fitbit validated its usefulness by announcing the establishment of new research library, the Fitabase Research Library which consolidates every trial and research study into one place.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mobile Sensing Fitness Market – Growth Opportunities, Pitfalls and Challenges 2017-2024 here

News-ID: 1068111 • Views: 153

More Releases from Global Market Insights, Inc.

Glycol Ether Market to witness commendable growth from automotive applications
Glycol ether market is witnessing extensive growth due to its aggravated demand in automotive, paints & coatings and chemical industries. It offers several benefits, including protection from UV radiation, low toxicity, slow evaporation rate, etc. Stringent government regulations pertaining to the usage of toxic chemicals is also playing a major role in glycol ether industry growth. Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3269 According to an in-depth research study
Extensive application in the cement sector to propel global sodium metasilicate …
Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and paper industry. With increasing product penetration, Global Market Insights, Inc., suggests that the sodium metasilicate pentahydrate market
Ferroalloy Market to exceed $70 bn revenue by 2024 | ArcelorMittal, Tata Steel L …
Global Market Insights, Inc., forecasts that the ferroalloy market size may hit USD 70 billion by 2025 end, with surging demand across building and construction, automotive, and other applications and elevating need for steel across myriad sectors and industries. Ferroalloys are massively used in the production of steel. In fact, according to industry professionals, the global steel market is poised for unprecedented growth in the upcoming years, in terms of
Vinyl ester market to cross 1.7 billion by 2025, key players are Swancor Holding …
Global vinyl ester market size will hit US$1.7 billion in yearly revenues by 2025. Pulps and paper industry has witnessed considerable growth and changes over the past several years and has showcased tremendous demand for vinyl ester-based fiber-reinforced plastics. The resin is known to resist corrosive chemicals and serve as an alternative to the conventional metals and coatings for the process fluid surroundings in the pulp and paper industry. Get

All 5 Releases


More Releases for Bluetooth

Global Bluetooth Waterproof Speakers Market Research Report
This report studies the global Bluetooth Waterproof Speakers market status and forecast, categorizes the global Bluetooth Waterproof Speakers market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. The major manufacturers covered in this report FUGOO Bose Beats Ultimate Ears Skullcandy JBL Braven Altec Lansing AmazonBasics Logitech SHARKK Scosche
Bluetooth Beacon And Ibeacon Market
Understanding several aspects of the global Bluetooth beacon and iBeacon market, Persistence Market Research has presented a well-structured analysis on several trends, challenges, opportunities, restraints and drivers impacting the growth of the global market in its recent publication “Bluetooth Beacon and iBeacon Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025)”. These aspects are studied across key regions of North America, Europe, Asia Pacific, Latin America and Middle East and
Digitek launches tubular Bluetooth speaker
New Delhi –Digitek, an Indian market leader in Photographic & amp; Smartphone Accessories today announced the launch of its brand new Bluetooth Speaker, DBS-011 that promises an incredible audio experience with impressive performance. Powered by a built-in 2000MAH rechargeable battery, the premium speaker delivers uninterrupted music playback for 5 hours. Boasting a stylish tube-shaped, smooth finish exterior, the speaker comes with hooks on both sides to attach the handle for
COSEC Bluetooth based Access Control
Mobile phones have integrated as an essential element in our day-to-day life. Presently, along with swift communication, it is tremendously used for Payment of Bills, E-commerce Shopping, Health Monitoring, GPS Navigation and more. A similar progressive trend is observed with access control, which initiated with RFID Cards, then expanded with biometrics and now it is being enhanced with advanced mobile credentials like Bluetooth. Matrix offers gesture based identification of users.
Global Bluetooth in Automotive Market
Bluetooth in Automotive Market: Introduction Bluetooth is a technology in which wireless exchange of data from two devices (mobile and fixed) takes place and is used for creating personal area networks (PAN). Bluetooth was invented by Ericsson in 1994. It can connect many devices at the same time, avoiding the synchronization issues. Bluetooth is managed by Bluetooth Special Interest Group (SIG), present in various fields namely telecommunication, computing & networking and
Bluetooth Key
Global and China Bluetooth Key Market 2016-2021 Market Research Report The report Bluetooth Key offers a detailed impact analysis of the key trends shaping the Industry. The Industry determinants, i.e. drivers, restraints, opportunities, and threats have been covered in the report. The research study delivers a detailed analysis of the consumer trends that are influencing the Industry. The impact analysis of the Industry drivers, restraints, and opportunities is presented in the