Global Smart Band Market 2018 Analysis By Top Key Players - Garmin, Fitbit, Samsung Electronics, Jawbone, Xiaomi, Apple, LG, Lenovo, Razer, Nike and Sony.

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    Enhanced Features and Connectivity Driving
Global Smart Band Market

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Report Description and Highlights
Report Description
Enhanced Features and Connectivity Driving Global
Smart Band Market The global smart band market
has experienced a healthy growth over the past
few years. The demand for smart bands is growing
worldwide on account of enhanced activity
tracking features and the declining prices of
smart bands. According to the latest report by
IMARC Group, titled Smart Band Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, the global smart band
market reached a volume of 43.6 Million Units in
2017. Smart band, also known as an activity or
fitness tracker, is a wireless device equipped
with sensors which helps the wearer to track a
number of physical and physiological parameters,
such as heart rate, quality of sleep, step count,
average speed, and distance covered while
walking, jogging or cycling. It also provides
access to social networking websites, such as
Twitter, Facebook, etc., where the users can
share their progress. The increasing number of
tech-savvy consumers with greater technology
awareness are majorly contributing to the growth
of smart band market across the globe.
Additionally, the lowering prices of smart bands
and availability of innovative designs have
escalated the demand for smart bands among the
mass consumers.
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Report Description and Highlights
Report Description
Global Smart Band Market Trends Owing to
sedentary lifestyles, and a consequent rise in
the prevalence of non-communicable diseases, the
consumers have become more focused towards their
fitness and physical well-being. This has led to
the uptake of devices such as fitness trackers
which encourage physical activity through their
game-like interface. Further, the advancements in
technology and growing penetration of Internet of
Things (IoT) have broadened the application areas
of smart bands. For instance, these bands can be
used to view notifications for incoming calls and
messages on the connected smartphone. The
manufacturers are also developing smart bands
with improved water resistance that can be used
during rains and for monitoring the pool
performance of swimmers, which will drive their
demand among professional athletes. In addition,
collaborations between smart band and smartphone
manufacturers have created a positive outlook for
the market. Owing to these factors, the market is
projected to reach volume of 50.8 Million Units
by 2023, exhibiting a CAGR of 3.9 during
2018-2023. Read more here https//www.imarcgro
up.com/smart-band-market
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Report Description and Highlights
Report Description

•  
• Global Smart Band Market Summary
• Based on type, the market has been segmented into
  with screen and without screen smart bands.
  Amongst these, with screen smart bands represent
  the most popular product type in the global smart
  band market.
• On the basis of distribution channels, online
  stores account for the majority of the smart band
  sales worldwide, on account of their convenience
  and wide range of products. Online stores are
  followed by specialist retailers, company outlets
  and others.
• Region-wise, North America is the leading smart
  band market, holding the largest share. The other
  major regions include Latin America, Asia
  Pacific, Europe, and Middle East and Africa.
• The competitive landscape of the market has also
  been examined with some of the key players being
  Garmin, Fitbit, Samsung Electronics, Jawbone,
  Xiaomi, Apple, LG, Lenovo, Razer, Nike and Sony.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  1033flagB

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Report Description and Highlights
Report Description

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