openPR Logo
Press release

Global Smart Water Bottle Market to Expand at a CAGR of 27.5% from 2014 to 2020

06-21-2017 06:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Global Smart Water Bottle Market to Expand at a CAGR of 27.5% from

Future Market Insights (FMI), with sharp focus on emerging regions, delivers key market insights through its latest research report titled, “Smart Water Bottle Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020”. According to the report, the global smart water bottle market is anticipated to amplify at 27.5% CAGR between 2014 and 2020.This growth is attributed to enhanced customer experience and technology advancement in fitness related products. The global smart water bottle market was valued at US$2.5 Mn in 2014, and is expected to reach US$ 10.7 Mn by 2020. Key factors driving the global smart water bottle market are growing demand for smart fitness devices and increasing health awareness amongst fitness oriented consumers.

FMI Lead Analyst sheds light on the factors driving the demand for smart water bottles, “Growth of the smart water bottle market across the globe is majorly driven by advancement in sensor technology, growing tech-savvy consumer base, and increase in consumer spending on smart devices.”

Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-376

The global smart water bottle market is segmented on the basis of product technology and region.

By product technology, the global smart water bottle market is segmented into inbuilt, external hardware, and hydration tracking apps. Among these, the external hardware segment accounted for 57.7% share of the overall smart water bottle market in 2014. It is expected to increase by 590 basis point share through 2020, reflecting a growth rate of 6.8% during the forecast period.

Hydration tracking apps segment was the smallest in the global smart water bottle market, accounting for US$ 0.1 Mn value in 2014; this segment is expected to reach US $ 0.3 Mn by 2020. However this segment is anticipated to witness the fastest growth due to growth in smartphone industry and consumer awareness on the availability of hydration tracking apps. FMI estimates this segment to expand at a CAGR of 32.2% over the forecast period.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-376

Growing health awareness and increasing per capita income across the globe has increased the acceptance for smart water bottle among health conscious consumers. North America is the most lucrative region for smart water bottle market, followed by Europe. This is attributed to growing interest towards technology advancement and demand for high-tech products. On the other hand, the Asia-Pacific smart water bottle market is expected to exhibit a significant growth rate during the forecast period, owing to growing awareness towards health and wellness among people.

Key participants in the global smart water bottle market continue to introduce innovative technology in the smart water bottle, thereby expanding their respective product lines. Key players in the global smart water bottle market include BluFit, HydraCoach, Inc., 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:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Press: press@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Global Smart Water Bottle Market to Expand at a CAGR of 27.5% from 2014 to 2020 here

News-ID: 586324 • Views: 191

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 FMI

Combat Support Vehicle Market: Global Forecast over 2028 Says FMI
Combat Support Vehicle Market: Introduction Combat support vehicles are units that provide fire assistance and operational assistance to combat elements. Combat support vehicles fulfil a wide variety of support roles. For instance, they act as a protected ambulance, provide enhanced fire power, command and control, combat engineering functions and serve as a base for intelligence, security and communications. Combat support vehicles also provide a high degree of maneuverability and protection. With
Agar Market to surpass US$ 357,091.6 by 2026 | FMI
Agar being used as an essential natural ingredient in food and beverages; in technical application; in bacteriological and many other sectors is propelling the demand for agar. Future Market Insights (FMI) estimates global agar volume to surpass 10,968.8 tonnes by 2016 end and represent market value of over US$ 220,838.5. In global market, the demand for agar is dominated by food and beverage segment which especially includes bakery and dairy products.
FMI Releases New Report on the Camphor Market 2015 – 2025
Camphor is a crystalline and translucent terpene ketone with a pleasant odor. Camphor is predominantly produced from distillation of wood and bark of the camphor tree. Physical properties of camphor differ depending on the origin, species and growing conditions of the tree. Camphor is generally whitish or has light shades of different colors including gray and olive among others. Moreover, camphor can be synthetically produced by synthesis of turpentine oil
Duodenoscope Market Intelligence and Forecast by FMI 2016-2026
Duodenoscope is a side viewing endoscope primarily designed for Endoscopic Retrograde Cholangiopancreatography (ERCP) to diagnose diseases associated with pancreas and bile ducts with the help of fluoroscopic imaging procedure. Duodenoscopes are flexible, light weighted tubes that are relieved through the mouth, throat, and stomach till the duodenum portion. Duodenoscopes are being used in more than 500,000 gastrointestinal procedures in the U.S each year as a minimally invasive way than traditional
Pharmaceutical Solvent Market Forecast and Prospectus : FMI Research
Global Market for Pharmaceutical Solvents Projected to Witness Sluggish Growth A majority of medicines & drugs produced in the world are derived from formulating Active Pharmaceutical Ingredients (API), and such processes require alcoholic solvents such as ethanol, isopropanol, propanol and propylene glycol. Production of pharmaceutical solvents continues to be concentrated in the Asia-Pacific excluding Japan (APEJ) region as leading API suppliers and drug manufacturers in the world have based their production units
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains. According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during