Report Feature
The future of the GPS sports watch market looks promising with opportunities in the professional and amateur end users. The global GPS Sports Watches market is expected to grow with a CAGR of 15%-16% from 2019 to 2024. The major growth drivers for this market are increase in trend of wearable technology among the youth, preference for these devices by the old population, high-end activity tracking features and interactive operating systems, will boost the demand for these devices.
A total of 157 figures / charts and 132 tables are provided in this 200-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of GPS sports watch market report, download the report brochure.
The study includes trends and forecasts for the global GPS sports watch market by end user, product type, and region as follows:
By End User [$M shipment analysis for 2014 – 2025]:
- Professionals
- Amateurs
By Product Type [$M shipment analysis for 2014 – 2025]:
- Basic GPS Watch
- Smart GPS Watch
By Region [$M shipment analysis for 2014 – 2025]:
-
North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- France
- Spain
- Italy
-
Asia Pacific
- China
- India
- Japan
- Korea
- The Rest of the World
Some of the pedometer companies profiled in this report include Fitbit, Suunto, Apple, Garmin, Timex, Polar, Bryton, Samsung, and TomTom.
Lucintel forecasts that smart GPS watch will remain the largest product type over the forecast period.
Within the GPS sports watches market, professionals, and amateurs are the major end users.
Asia Pacific will remain the largest market over the forecast period due to rapidly upgrading healthcare infrastructure amenities and growing health consciousness in developing nations.
Some of the features of “Global GPS Sports Watch Market: Trends, Forecast and Competitive Analysis” Include:
- Market size estimates: GPS sports watch market size estimation in terms of value ($M) and volume (kilotons) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by product type and end users.
- Segmentation analysis: GPS sports watch market size by various segments, such as end users and product type in terms of value and volume shipment.
- Regional analysis: GPS sports watch market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different end users and regions for GPS sports watch market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for GPS sports watch market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global GPS sports watch market by end user (Professionals, and Amateurs), product type (Basic GPS Watch, and Smart GPS Watch), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
|
Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | 198 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | By End User (Professionals, and Amateurs), By Product Type (Basic GPS Watch, and Smart GPS Watch) |
| Regional Scope | North America (The United States, Mexico, Canada), Europe (Germany, France, and Russia), Asia Pacific (China, Japan, and India), and RoW |
| Customization | 10% Customization Without any Additional Cost |
Table of Contents
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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