Outdoor Sports GPS Device market was valued at US$ 38090 million in 2022 and is anticipated to reach US$ 383100 million by 2029, witnessing a CAGR of 38.6% - Valuates Reports

Outdoor Sports GPS Device market was valued at US$ 38090 million in 2022 and is anticipated to reach US$ 383100 million by 2029, witnessing a CAGR of 38.6% during the forecast period 2023-2029.

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Outdoor sports GPS devices are portable gadgets that receive satellite signals. A GPS device offering different functionalities comes in different forms such as a handheld device, wearable device (smart watch and a smart glass). The mechanism of these devices is similar to smartphones and tablets.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Outdoor Sports GPS Device key players include Apple, Garmin, Samsung, SONY, Adidas, etc. Global top five players hold a share about 70%.
Europe is the largest market, with a share about 35%, followed by North America and Taiwan, having a total share about 40 percent.
In terms of product, Wearable Device is the largest segment, with a share about 70%. And in terms of application, the largest application is Running, followed by Golf, Cycling.

This report aims to provide a comprehensive presentation of the global market for Outdoor Sports GPS Device, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Outdoor Sports GPS Device.
The Outdoor Sports GPS Device market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Outdoor Sports GPS Device market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Outdoor Sports GPS Device manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
Handheld Device
Wearable Device

Segment by Application
Golf
Running
Cycling

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