Press release
Global Wrist Wearable Industry Will Grow At A CAGR Of 10.94% During The Period 2016-2020
The smartwatches are multifunctional, and will hence gain popularity among consumers during the forecast period. Fitbit, a provider of fitness products, is one of the leading vendors in the global fitness band market. As a result of the growing popularity of smartwatches, wristband manufacturers across the globe are focusing on increasing the application areas so as to compete with other smartwatches and gain market share. For instance, some of the applications of wristbands, apart from fitness tracking, include mobile payments, secure access, safety, health, and wellness.
Technavios analysts forecast the global wrist wearable market to grow at a CAGR of 10.94% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global wrist wearable market for 2016-2020. To calculate the market size, the report considers the unit shipment of smartwatches and fitness bands.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
To Get Sample Copy of Report visit @ http://www.researchmoz.us/enquiry.php?type=S&repid=834822
Technavio's report, Global Wrist Wearable Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Apple
Fitbit
Garmin
Jawbone
Lenovo
Samsung Electronics
Xiaomi
Other prominent vendors
Adidas
Amiigo
Asus
Atlas Wearables
Baidu
BBK
Fitbug
Flyfit
Fossil
Goqii
Healbe
iFit
Jaybird
LG
Martian
Misfit
Mota
Movable
Mushroom Labs
Nautilus
Nike
Pivotal
Polar
Razer
Runtastic
Skechers
Sony
Striiv
TAG Heuer
Titan
YU Televentures
Market driver
Increased awareness of healthy lifestyle
For a full, detailed list, view our report
Market challenge
Integration of sensors into consumer-end devices and accessories
For a full, detailed list, view our report
Market trend
Decline in cost of wearable technology
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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