London, 19 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Pedometer Market 2015-2019, which is expected to grow at a CAGR of 6.35 percent during the period 2014-2019.
“The availability of high-speed broadband, the increasing penetration of smartphones, and technological innovations enable consumers to use various types of connected service,” says Faisal Ghaus, Vice President of TechNavio.
“A fitness pedometer collects the pulse rate of the user while running and provides health information based on these readings. In addition, it can send data to physicians and authenticated persons.”
Key Market Drivers
- Digital Consumerism
- Rise in Disposable Income Levels and Living Standards
- Awareness of Healthy Lifestyles
- Interest in Sports Activities
Key Market Trends
- Rise in Product Launches
- Decline in Costs
- Adoption of Connected Services
Key Market Vendors
- Fitbit Inc.
- Garmin Ltd.
- Jawbone (Aliph Inc.)
- Nike Inc.
- OMRON Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
