Title: GPS Fitness Device Market size forecast to reach USD 3 billion by 2023
1GPS Fitness Device Market size forecast to reach
USD 3 billion by 2023, growing at a CAGR of
around 15 from 2016 to 2023 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Regional Analysis of GPS Fitness Device Market
- Asia Pacific GPS fitness device market size is
anticipated to witness significant growth owing
to rapidly upgrading healthcare infrastructure
amenities and growing health consciousness in
developing nations such as China, Taiwan, Korea
and India. - North America, especially the U.S. wearable
device market, is expected to accumulate major
industry share due to high patient alertness,
advance healthcare technology and encouraging
reimbursement policies.
3 Application Analysis of GPS Fitness Device
Market
- These devices are the combination of various
sensors namely motion sensors, GPS, temperature,
skin resistance, heart rate, rpm and cadence and
pedal force. - Motion sensors are mainly use for counting the
number of steps taken and are very useful for
basic fitness improvisation for all runners. GPS
helps in tracking speed and amount of distance
covered while travelling. It is mainly used by
recreational athletes and professionals. - In addition, heart rate sensors are utilized to
measure blood pressure as well as pulse rate
during the workout and are mainly useful for
recreational athletes as well as professionals.
4 Competitive Market Share of GPS Fitness Device
Market
- Key industry players in the GPS fitness device
market share encapsulate Bushnell Corporation,
Samsung, Polar, Citizen, Adidas, Casio, Fitbit,
Bryton Incorporated, Samsung, Motorola, L.G,
Sony, DeLorme Publishing Company, TomTom NV,
Jawbone, Nike Inc., Microsoft, FitnessKeeper
Inc., Moov, Misfit, - Xiaomi Mi, Swarovski, Garmin International inc.,
Groundspeak Inc., Mondaine, HOLUX Technology Inc,
Withings, Basis, Lowrance Electronics, Runtastic,
MiTAC International Corporation, Magellan
Navigation, Trimble Navigation Ltd. and Mio among
others.
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