openPR Logo
Press release

Smart Water Bottle Market will register a staggering 27.50% CAGR from 2014 to 2024 Globally.

02-22-2019 01:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Smart Water Bottle Market

Smart Water Bottle Market

Future Market Insights has recently announced the publication of a market research report that covers the global market for smart water bottles in great details. The report, titled “Smart Water Bottle Market: Global Industry Analysis and Opportunity Assessment 2014–2020,” states that the market will register a staggering 27.50% CAGR from 2014 to 2024. If the numbers hold true, the market will rise from a valuation of US$ 2.5 mn in 2014 to US$10.7 mn by 2020.

Some of the leading factors expected to drive the market are the rising global population of health-conscious people, the rising spending power of the global population, and the increased demand for smart fitness devices across developed as well as developing economies. The report segments the global smart water bottle market on the basis of criteria such as technology and geography. On the basis of technology, the report covers such segments of the market as external hardware, inbuilt sensors/equipment, and hydration tracking apps. Of these, the report states that the segment of external hardware, including products such as sensor bands and smart caps compatible with most standard water bottles, accounted for the dominant share over nearly 58% of the overall revenue valuation of the market in 2014. The segment is also expected to remain the top revenue grosser in the global market over the report’s forecast period, increasing by a 590 basis point share and a CAGR of 6.8% from 2015 through 2020.

The segment of bottles with in-built capability of undertaking a variety of tasks associated with the idea of smart water bottles, such as notifying the user of the level of hydration based on the amount of water consumed over a specific period, sharing real-time data with smart operating devices, and maintaining the temperature of water in the bottle, accounted for the second-largest share in the market in 2014. With over 40% of the market, the segment continues to be one of the most lucrative segment in the global smart water bottle market. The segment of applications, or the software solutions made for easy analysis of data collected by smart water bottles, accounted for the least share in the market in 2014 but is expected to exhibit an impressive 32.2% CAGR from 2015 to 2020, the highest of all technology segments.

From a geographical standpoint, the report examines the market for smart water bottle for regions such as Latin America, North America, Asia-Pacific, Europe, and Middle East and Africa. Of these, the market in North America holds the dominant share in the global market and is also likely to retain its top position in the market over the report’s forecast period, followed by the market in Europe. The leading position of the North America market is chiefly attributed to the higher acceptance to advanced and innovative technologies along with the high purchasing power of the population. 

Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-376

The report also presents a thorough analytical account of the vendor landscape of the market, furnishing details such as recent developments and business strategies along with detailed business profiles of some of the leading vendors operating in the overall market. Since the market is in its nascent stage of development, the number of competitors is presently less but the market could get crowded in the next few years as companies start realizing the growth opportunities in the market. Some of the leading vendors operating in the global smart water bottle market are HydraCoach, BluFit, and Caktus Inc.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

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 Smart Water Bottle Market will register a staggering 27.50% CAGR from 2014 to 2024 Globally. here

News-ID: 1610627 • Views: 159

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Smart

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
Powered Smart Cards
In terms of consumption, the global powered smart card market stood at 2,049.1 Mn units in 2015 and is expected to register a volume CAGR of 59.2% to reach 5,640.6 Mn units by 2024 end. In a new report titled “Powered Smart Card Market: Global Industry Analysis & Forecast, 2016–2024”, Persistence Market Research studies the performance of the global powered smart card market over an eight-year forecast period (2016 –
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency