DUBLIN, March 16, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zjk89n/wearable_fitness) has announced the addition of the "Wearable Fitness Technology Market by Product, Category, Component & Geography - Global Forecast to 2022" report to their offering.
The global market for wearable fitness technology is forecast to reach a value of USD 12.44 Billion by 2022. This market is primarily driven by consumer preference for sophisticated gadgets, increasing popularity of wearable fitness and medical devices, increasing awareness about fitness, and rise in disposable incomes in developing economies.
The wearable fitness technology market for smartwatches is expected to grow at the highest CAGR during the forecast period. Smartwatches held around the largest share of the total market in 2015, of many additional features other than fitness tracking such as text messaging, phone calls, social media, and music. A smartwatch provides all features of a wristband along with many additional ones, thus it is expected that more consumers would prefer smartwatches over wristbands in future.
The market for displays was the highest in 2015. Display being the most expensive part of a wearable device, it has larger market size then than other components. Also, display technology is evolving day by day, and new technologies such as organic light-emitting diode (OLED), active-matrix organic light-emitting diode (AMOLED), tactile/haptic touch, and more are being incorporated in new products by companies.
The report will help the companies in this market in the following ways:
Companies Mentioned:
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Analysis
7 Market, By Product
8 Market, By Product Category
9 Market, By Component
10 Market, By Technology
11 Wearable Fitness Technology, By Activity Tracking
12 Wearable Fitness Technology, By Software and Services
13 Geographic Analysis
14 Competitive Landscape
15 Company Profiles
16 Appendix
For more information visit http://www.researchandmarkets.com/research/zjk89n/wearable_fitness
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SOURCE Research and Markets
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