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Smart Fitness Devices Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.

“Smart Fitness Devices Market Size Worth $29.4 Billion By 2025�

The global smart fitness devices market is expected to reach USD 29.4 billion by 2025, according to a new report by Grand View Research, Inc. The smart fitness devices market has witnessed a rising demand among the growing urban population in a bid to enhance their fitness goals. Advantages such as accessing fitness activities data in remote and real-time operations have resulted in an increased penetration of the market. Additionally, there are tremendous opportunities for advancements in the smart fitness devices owing to the increasing usage of smartphones and enhanced internet accessibility, which, in turn, would fuel the growth of smart fitness market. The growing adoption of the smart fitness devices to keep track of sleep, steps, calories, heart rate, and other bodily stats is anticipated to revolutionize the market by 2025. The smart fitness devices market has been segmented based on product into the smartwatch, wristband, smart clothing, smart shoes, bike computers, and others. Based on types, the market has been segmented into head-wear, torso-wear, hand-wear, leg-wear, and bike mount. The hand-wear segment is the biggest segment in terms of size and is expected to dominate the market over the forecast period. This growth may be attributed to the high demand of wristbands and smartwatches. The torso-wear segment is anticipated to experience a notable shift in its growth owing to the rising demand for smart clothing.

The growing awareness and popularity of smart fitness products are encouraging producers to invest in research & development for creating better products. Manufacturers are making massive investments to develop several new products in order to enhance user experience. Researchers are focusing on developing cost-effective and reliable products. For Latest research study : @ https://www.grandviewresearch.com/industry-analysis/smart-fitness-devices-market

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Further key findings from the report suggest: • The growing demand for smart fitness devices market can be accredited to the increasing demand among individuals for keeping track of various body parameters such as heart rate, sleep, steps taken, calories burned, and others. •

The growing penetration of Internet of Things (IoT) and enhanced internet accessibility, which helps to direct digital controls for improved Machine-to-Machine (M2M) communication, have encouraged users to adopt smart fitness devices.

The increase in adoption of wireless technology, sensor technology, miniaturized hardware, cloud services, and smartphone have enabled smart fitness market to emerge as a new promising consumer segment.

The North American region accounted for the largest market share in 2016, which may be attributed to its large consumer base.

Key industry participants include Apple Inc. (U.S.), Fitbit Inc. (U.S.), Garmin Ltd. (Switzerland), Samsung Electronics Co., Ltd. (South Korea), and Xiaomi Inc. (China).

Grand View Research has segmented the smart fitness market based on products, types, and regions: Product Outlook (Revenue, USD Million; 2014 - 2025) • Smartwatch •

Wristband

Smart Clothing

Smart Shoes

Bike Computers

Others

Type Outlook (Revenue, USD Million; 2014 - 2025) • Head-wear •

Torso-wear

Hand-wear

Leg-wear

Bike mount

Table of Contents Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions

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1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Smart Fitness - Industry Snapshot & Key Buying Criteria, 2014 - 2025 Chapter 3 Industry Outlook 3.1 Market Segmentation & Scope 3.2 Smart Fitness Market Size and Growth Prospects 3.3 Smart Fitness - Value Chain Analysis 3.4 Market Dynamics 3.4.1 Market driver analysis 3.4.1.1 Rising concern towards health and fitness 3.4.1.2 Emergence of cross-over products 3.4.1.3 Rising disposable income 3.4.2 Market restraint analysis 3.4.2.1 Data Privacy concern 3.5 Key Opportunities - Prioritized 3.6 Industry Analysis - Porter’s 3.7 Smart Fitness Market - Key Company Analysis, 2016 3.7.1 Key company analysis, 2016 3.8 List of Market Players 3.9 Smart Fitness - PEST Analysis Continue…………………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc

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Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com

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Smart Fitness Devices Market is Expected to Witness Steady Growth by 2025  

The global smart fitness devices market is expected to reach USD 29.4 billion by 2025, according to a new report by Grand View Research, Inc...

Smart Fitness Devices Market is Expected to Witness Steady Growth by 2025  

The global smart fitness devices market is expected to reach USD 29.4 billion by 2025, according to a new report by Grand View Research, Inc...

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