About fitness band Fitness band is a wristband used to monitor and track fitness-related metrics. It helps in tracking the duration of sleep, calories consumed/burnt, distance walked, heart rate, and various other activities. It is possible to sync this device with mobile devices to get a periodic statistics of activities to users. Some of the fitness bands may also have additional features such as notification of incoming call and messages.
Technavio's analysts forecast the global fitness band market to grow at a CAGR of 27.05% over the period 2014-2019.
Covered in this report This report covers the present scenario and the growth prospects of the global fitness band market for the period 2015-2019. To calculate the market size, the report considers the unit shipment of basic fitness bands. These bands serve a specific set of purposes and cannot run third-party applications. The report does not consider smart wearables and smart watches. It also presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market. In addition, the report discusses the major drivers that influence the growth of the global fitness band market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Market driver - Awareness of healthy lifestyle - For a full, detailed list, view our report
Market challenge - Design constraints - For a full, detailed list, view our report
Market trend - Decline in cost of wearable technology - For a full, detailed list, view our report
Key Questions Answered in this Report - What will the market size be in 2019 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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