Smart Wearable Fitness and Sports Devices and Services Market Share, Size, Overview, Outlook and Research Report 2016

Smart Wearable Fitness and Sports Devices and Services Market
Analysis, Share and Size, Emerging Trends, Overview and Outlook,
Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report – Global Smart Wearable Fitness and Sports
Devices and Services Market 2016-2020
Technavio recognizes the following companies as the key players in the global smart wearable fitness
and sports devices and services market: Adidas, Apple, Fitbit, Garmin, Jawbone, Nike, Samsung, Sony,
AT&T, EE, Sprint, and Telefónica.
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Other Prominent Vendors in the market are: 270 Vision, 4iiii Innovations, Agent, Bia Sport, Bragi, BTS
Bioengineering, Buhel, Carre Technologies, Cool Shirt Systems, Dreamtrap Commercials, Epson America,
Finis, Free Wavz, Geopalz, Gesture Logic, Glofaster, Jaybird, Ki Life Solutions, Microsoft, Mio, Moticon,
Mushroom Labs, Myontec, Notch, O-Synce, Polar, Push Design Solutions, Qardio, Sentimoto, Shot
Tracker, Suunto Ambit, Sync, Tlink, Wearit, Weartrons Labs, Wellograph, Xensr, and Xybermind.
Commenting on the report, an analyst from Technavio’ s team said: “Use of augmented reality
technology will be a key trend for market growth. The augmented reality technology has taken smart
wearable devices to a new level by allowing users to view the real, physical environment live, directly, or
indirectly by means of computer-generated sensors. This technology projects images in high resolution
and allows users to manipulate 3D objects. Sportspersons can use augmented reality technology to
monitor and analyze their game. They can decide their fitness activities based on the performance
results obtained. The use of augmented reality technology in smart wearable devices is an emerging
trend that is likely to drive the growth of the smart wearable fitness and sports devices and services
market during the forecast period.”
According to the report, growing emphasis on healthy lifestyle will be a key driver for market growth.
The increased health awareness among people is reflected in the rapid growth in the demand for
hygienic and nutritious food, gym memberships, and diet programs, and in the use of mobile health
applications. The rise of obesity and related health disorders like diabetes, joint problems, high blood
pressure, high cholesterol, cancer, gall bladder problems, breathing difficulties, and coronary artery
diseases have led to an increased need for the adoption of a healthy lifestyle. People are using various
connected wearable health and fitness devices like fitness bands and sports equipment to track and
control their health to reduce the risk of diseases.
Further, the report states that high power consumption of devices will be a challenge for the market.
Most of the wearable sports and fitness devices function on GPS, wireless networks, and M2M
(machine-to-machine) technology. The battery life of the fitness devices is very low because the power
consumption of the technologies used in these devices is very high. This high power consumption starkly
affects the duration of usage. The lifespan of Google Glass battery, for instance, is 4-8 hours while in
intensive usage. Therefore, high power consumption coupled with low battery life will reduce the
demand for smart wearable devices.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Smart Wearable Fitness and Sports Devices
Smart wearable fitness and sports devices are portable devices that can be fastened to the body of a
user to monitor real-time fitness, heart rate, sleep statistics, calorie control, and provide valuable health
insights. The mechanism of smart wearable devices is similar to smartphones and tablets. These devices
are used in various sports such as golf, football, basketball, tennis, skiing, and snowboarding. A smart
wearable device can be easily synchronized with smartphones and tablets of users to enhance
accessibility.
Technavio’ s analysts forecast the global smart wearable fitness and sports devices and services market
to grow at a CAGR of 25.22% and 38.35% respectively during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global smart wearable fitness
and sports devices and services market for 2016-2020. To calculate the market size, the report considers
the smart wearable fitness and sports devices and generated by telecommunication operators in the
smart wearable services market.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Smart Wearable Fitness and Sports Devices and Services 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.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]

According to the report, growing emphasis on healthy lifestyle will be a key driver for market growth. The increased health awareness among people is reflected in the rapid growth in the demand for hygienic and nutritious food, gym memberships, and diet programs, and in the use of mobile health applications.