Press release
Outdoor Sports GPS Device Market 2023-2028: Industry Outlook, Future Demand, Business Strategy and Forecast
Outdoor Sports GPS Device Market
Outdoor Sports GPS Device Trends:
An outdoor sports GPS device is valuable for enthusiasts, athletes, and adventurers. These devices utilize GPS technology to provide accurate location tracking, navigation, and other essential data for outdoor activities such as hiking, camping, cycling, running, and more. They offer features like route planning, distance tracking, elevation measurements, and real-time performance metrics. Outdoor sports GPS devices are rugged, waterproof, and equipped with long-lasting battery life to withstand the demands of outdoor environments.
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Who are the key Players Operating in the Industry ? :
• Apple Inc.
• Bryton Inc.
• Bushnell Corporation (Vista Outdoor Inc.)
• Fitbit Inc. (Google LLC)
• Garmin Ltd.
• GlobalSat WorldCom Corporation
• Goyourlife Inc.
• Polar Electro Oy
• Samsung Electronics Co. Ltd.
• Suunto Oy (Dongguan Liesheng Electronic Technology Co. Ltd.)
• TomTom N.V.
What are the Growth Prospects and Trends in the Outdoor Sports GPS Device Industry ? :
The global market is majorly driven by the increasing popularity of outdoor sports and activities. In line with this, the growing interest in fitness, adventure, and exploration is significantly contributing to the market. Furthermore, the rising emphasis on health and fitness is positively influencing the market. Apart from this, the advancements in GPS and wearable technology are offering numerous opportunities for the market. Outdoor sports GPS devices have advanced features such as route planning, real-time tracking, and performance monitoring.
Integration with other wearable devices, such as heart rate monitors and smartwatches, further enhances the capabilities and functionality of these devices. Moreover, the escalating awareness of safety and the need for outdoor navigation is propelling the market. Additionally, the affordability and accessibility of outdoor sports GPS devices are providing a boost to the market.
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What is Included in Market Segmentation ? :
Type Insights:
• Handheld Device
• Wearable Device
Application Insights:
• Golf
• Running
• Cycling
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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