The market is expected to
register a strong growth of 24.6% in its CAGR during the projected
period to reach US$ 9,525.6 million by 2020. Thesmart
fitnesscomponentsuch as smart accessories, strength training
equipment and cardiovascular equipment made considerable contribution
to the overall growth of smart fitness devices market across regions.
Increased consumer spending on smart accessories and growing health
concerns are some of the prominent factors driving the demand for
smart fitness devices. Also, introduction of connected fitness
devices with advanced features by key players such as Samsung
Electronics Co. Ltd., Fitbit Inc., and Sony Group are expected to
boost the growth of smart fitness devices, thereby increasing
competitiveness in the market. Geographically, North America
represents a huge market potential followed by Western Europe and
Asia-Pacific, wherein the individual and fitnessinstitutions owe a
significant contribution to the global smart fitness devicesmarket.
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In this study, we analyse
the global smart fitness devicesbetween 2013 and 2020. We focus on:
Key smart fitness devices
trends, development and technology adoption across all the regions
Market size and forecast by
smart fitness devices, componentsand regions/countries
Relative market attractiveness
and providers landscape in regions
Smart fitness devicesMarket
Company Profiles
Key
Regions/Countries Covered
Global smart fitness devices
market–North America, Western Europe, Asia-Pacific, Japan, Eastern
Europe, Latin America, Middle East and Africa (MEA)
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Examples
of Key Companies
Competitive landscape of key
players, such asFitbit Inc., Pebble Inc., Samsung Electronics Co.
Ltd., Shanda Group, Sony Corporation, Nike Inc., Xiaomi Inc. and
Garmin International Inc. in global smart fitness devices market.
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