Mobile Sports And Fitness Ecosystems Market to Register Substantial Expansion by 2025

The 21st century can truly be considered as the mobile Internet era. We all have several interconnected portable devices like laptops, smartphones, smart watches, and fitness trackers. Along with the push towards smaller and lighter gadgets, there has also been a trend towards leading a fitter lifestyle, both from the company as well as the customer’s side. A sedentary routine has given host to a number of health issues for people like obesity, high blood pressure, anxiety and even heart attacks. That is why there has been a marked increase in the mobile sports and fitness ecosystems market. These devices provide an easy way to monitor your daily activity level (or lack of it) and also measure several important things like your vital signs, step count or quality of sleep. They can be used as standalone devices or can also work in tandem with a smartphone. The global mobile sports and fitness ecosystems market is already worth billions of dollars and is anticipated to become even larger going forward.

The mobile sports and fitness ecosystems market is mainly driven by the desire to lead a healthy lifestyle. Western countries are post-industrial societies with the majority working in the tertiary sector. A fast paced lifestyle coupled with the lack of time (or will) to exercise has led to several health issues like obesity, hypertension, and anxiety. Obesity in particular is a major issue in the U.S. which has one of the highest number of affected individuals. While mobile technology was prohibitively expensive a decade ago, low cost sensors, advancements in wireless tech and new kinds of materials used have made the prices of mobile and fitness devices reduce dramatically. This has also enabled manufacturers to target the fast growing Asia Pacific mobile sports and fitness ecosystem market. In addition to single purpose fitness trackers, manufacturers can also market smart watches as multi-function devices for a wide range of uses, increasing the overall size of the mobile sports and fitness ecosystem market.

Request Sample Report @ https://www.persistencemarketresearch.com/samples/19810

One of the biggest opportunities to sell mobile fitness devices can also become a potential threat to it – the smartphone. Most customers are unaware that their phones have almost all the same sensors as that of dedicated fitness trackers. If smartphones begin to be marketed as a lifestyle device, the dedicated mobile sports and fitness ecosystems market can face significant headwinds in the future. Another challenge could be a high price, especially in countries with a lower disposable income in Asia or Latin America. It can be quite challenging convincing customers to purchase an additional device to monitor their health when they don’t see the need for it or when their phones can serve the same purpose.

North America is the largest mobile sports and fitness ecosystem market, followed by the European Union. This is due to a sedentary lifestyle, aging population, and higher occurrence of obesity leading to various other issues like hypertension and diabetes. There is also a greater awareness of dedicated fitness trackers and smart mobile devices making it easy for manufacturers to sell their products. Asia Pacific is not a very big market for smart devices yet but is anticipated to grow very rapidly in the next decade or so. The main markets in Asia would be China, India, Hong Kong, Singapore, and South Korea as there would be greater awareness and acceptance of fitness devices in these countries. There are many diabetics in China and India and the latter has the dubious distinction of having the most diabetics of any country globally. This would also spur demand in the APAC mobile sports and fitness ecosystems market.

Request to view table of content @ https://www.persistencemarketresearch.com/toc/19810

Some of the key companies involved in the mobile sports and fitness ecosystems market include Apple Inc., Samsung Electronics, Fitbit, Pebble, Sony, LG, Lenovo, Motorola, Microsoft, Jawbone, Under Armour, Nike, Withings, Garmin and many others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

Read Report @ https://www.persistencemarketresearch.com/market-research/mobile-sports-and-fitness-ecosystems-market.asp

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research Pvt. Ltd

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

media@persistencemarketresearch.com

Web:www.persistencemarketresearch.com

This release was published on openPR.