Press release
Smart Fitness Market 2018-2025 Growth Opportunities & Outlook By Key Players Fitbit Inc., LG Electronics, Samsung Electronics Co., Sony Mobile Communications Inc., Garmin Ltd., Polar Electro, Jawbone, MAD Apparel, Apple Inc., Inc., OMsignal and more other
AdroitMarketResearch.com has published "Global Smart Fitness Market Drivers, Restraints, Potential Growth Opportunities, Product Size, Application Estimation, Vendor Competitive Landscape, Trends and Forecast 2018-2025" report to its new research report offeringPreviously in 2018. The Global Smart Fitness Market Size was valued at USD xx million and estimated to project the rise of USD xx million in 2025, accounting a CAGR of x.x% during the forecast period.
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The global smart fitness market share is segmented into several classifications including product type, devices type, and region. Based on the product type the market is categorized by smart watch, wristband, smart clothing, smart shoes, bike computers, and others. In 2017, the smart watch segmented projected the largest market share and is estimated to drive its position during the forecast period. However, this is owing to high demand for wireless health monitoring devices. Similarly like a smartphones devices, these smart watches carry out multiple functions such as fitness monitoring, tracking number of calories burnt, tracking exercise training, tracking of user’s daily routine to offer productive insights on their health. Keeping the records of the health can further help doctor to diagnose patient’s health remotely. This is anticipated to aid in growth of the segment over the forecast period. Moreover, the product type of global smart fitness market trends is also categorized by wristband, smart clothing, smart shoes, bike computers, and others.
Based on the devices type the market is classified into head-wear, torso-wear, hand-wear, leg-wear, and bike-mount.
Geographically, the global smart fitness market is also widely range to North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. North America held an influential existence in the global smart fitness market 2017, and is anticipated to attain its dominance throughout the forecast period. This growth is accredited to increasing number of health issue related to obesity such as diabetes, heart disease and more which directly affects adults, youth, and children. Growing concern among people about health related issues is leading to increasing demand for fitness equipment, in order to manage their fitness.
The commercial fitness equipment market is expected to rise over the forecast period. Increasing pollution due to industrialization and rapid urbanization is resulting in ill health and stress thus making customers spend more money and time on exercise and fitness. Advancements such as smartphone applications and wearable technologies allows customers to monitor their performance and vitals and provide personalized training which will increase the growth of the market.
Various organizations in Europe promote healthy lifestyle with the help of sports. Large number of individuals are engaged in physical activities. Either they take up exercises packages and programs or exercise individually. The global fitness equipment market is used in hotels, medical centers and hospitals, corporate offices, public institutions, home consumers, gyms or health clubs and many more.
To deliver better results and improve fitness activities, fitness equipment are developed with the help of scientific research on human body. For instance, population across the world are aware about the disadvantages of sedentary lifestyle which leads to various diseases thus office furniture is being designed in a way to help solve this issue. The global fitness equipment market is also coming up with new chains and outlets for fitness spas and clubs. This positive outlook will boost the market over the forecast period.
Leading players of the global smart fitness market include Fitbit Inc., LG Electronics, Samsung Electronics Co., Sony Mobile Communications Inc., Garmin Ltd., Polar Electro, Jawbone, MAD Apparel, Apple Inc., Inc., OMsignal and more others.
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Key Segmentation of the Global Smart Fitness Market 2018-2025
By Product Type
Smart watch
Wristband
Smart Clothing
Smart Shoes
Bike Computers
Others
By Devices Type
Head-wear
Torso-wear
Hand-wear
Leg-wear
Bike mount
By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
What to expect from the upcoming ‘Global Smart Fitness Market’:
- Analysis over future prospects as well as smart fitness market trends, and smart fitness market share.
- Information regarding technological progressions as well as innovations taking place in developing as well as developed economies and also various macro & microeconomic factors that affect the growth of the market.
- Supportive initiatives by government likely to influence the market dynamics.
- Key drivers influencing market’s growth, opportunities, restraints, sales channels and distributors.
- In-depth analysis of different market segmentations including product types, application and geographical regions.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market such as expansions, growth strategies, agreements, new product launches and acquisitions in the market
Value Chain and Sales Channels Analysis
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About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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