Global Smart Wearable Fitness and Sports Devices and Services Market 2015-2019 with Adidas, Apple, Fitbit, Garmin, Jawbone, Nike, Samsung Electronics & Sony Dominating

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Apr 15, 2015, 09:07 ET

DUBLIN, Apr. 14, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/g8v7lb/global_smart) has announced the addition of the "Global Smart Wearable Fitness and Sports Devices and Services Market 2015-2019" report to their offering.

The Global Smart Wearable Fitness and Sports Devices market and the Global Smart Wearable Fitness and Sports Services market to grow at a CAGR of 25.38% and 29.9%, respectively, over the period 2015-2019

A smart wearable fitness and sports device is a device that is worn or attached to a user's body while on use. This device is portable and performs similar functions to that of smartphones and tablets. Important features of this device include real-time fitness monitoring, heart-rate monitoring, sleep statistics, counts the amount of calorie burnt and taken, gym training, monitoring and tracking daily activity of a user to provide valuable health insights. This device is used in various sports such as golf, football, basketball, tennis, and skiing and snowboarding.

The report, the Global Smart Wearable Fitness and Sports Devices and Services Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers Global Smart Wearable Fitness and Sports Devices and Services market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

The increased use of wearable devices in sports analytics is a major trend that is expected to exert a positive influence on the market during the forecast period. Wearable fitness and sports devices help in decision-making process of many games and sports like football and golf.

According to the report, growing popularity of wearable fitness devices among consumers is a key driver in the market. Wearable devices help consumers track and monitor their fitness activities on a regular basis. Athletes use these devices to measure the distance traveled, calorie count and heart rate.

Further, the report states that the privacy and security of data is a major challenge that the market faces. Although the size of smart wearable fitness and sports devices are small, they store significant amounts of sensitive information about the users.

Key Vendors (Devices)