Sports & Fitness Performance Wearables Market Space Examined by WinterGreen Research in Topical Report Now Available at MarketPublishers.com03 Nov 2015 • by Natalie Aster
LONDON – The market for sports & fitness smart wearables has been gaining rapid momentum recently, driven by the increasing adoption of the respective devices by sports teams and professional athletes that need to achieve a significant competitive advantage, as well as by semi-professionals and amateur consumers seeking to gain performance advantage in their routines by imitating what the professional athletes do.
Within the market for smart wearables for fitness and sports, the development of smart devices is linked to smart phone adoption reaching 9.5 billion by 2021-end. The ability to provide high-end analytics for the wearable devices is what offers sophisticated application capabilities. Applications are further evolving to provide motion tracking and assist in providing mastery of a slew of diverse techniques for mastering certain aspects of sports and fitness.
The value of the sports and fitness performance wearables market stood at USD 3.5 billion as of 2014, and it is forecast to amount to USD 14.9 billion by end-2021. The growth of the market is in line with the evolution of the wearables technology. As the technology matures, price points are projected to decrease rapidly and affordability will likely propel the market growth.
The most prominent players in the market are Apple, Adidas, Casio, iHealth, Diamond Kinetics, Diamond Kinetics, LG, Nike, Zepp, Sony, Vista Equity Partners, Pebble, Motus, to name a few.
New market research report “Smart Wearables for Sports and Fitness: Market Shares, Market Strategies, and Market Forecasts, 2015 to 2021” prepared by WinterGreen Research provides an in-depth insight into the global market for sports & fitness performance wearables and sensor devices. The study present a comprehensive description of the market, canvasses the market dynamics including an analysis of key factors driving the market growth; offers market share data and granular market forecasts. The report identifies lucrative opportunities in the marketplace; provides a description of the pertinent products; gives an all-round overview of sports wearables technology and sheds light on the R&D initiatives. Furthermore, detailed profiles of the leading companies involved in the industry are available, too.
Smart Wearables for Sports and Fitness: Market Shares, Market Strategies, and Market Forecasts, 2015 to 2021
Published: October, 2015
Price: US$ 4,000.00
New studies prepared by the publisher can be found at WinterGreen Research page.