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  • Global Smart Band Market to Grow Steadily at a CAGR of Around 8% During the 2016-2020

    (I-SoftwareNews.Com, August 30, 2016 ) Global Smart Band Market 2016-2020 Size and Share Published in 2015-12-09 Available for US$ 2000 at Researchmoz.us

    Description

    Market outlook of the smart band market

    Technavio’s research analyst predicts the global smart band market to grow steadily at a CAGR of around 8% during the forecast period. The high demand for wearable lifestyle devices is the key growth driver for this market. Consumers use smartwatches, smart bands, and wearable rings to monitor daily fitness and health activities, listen to music, check virtual/3D videos, play virtual games, and access social networking websites such as Facebook, LinkedIn, and Twitter. The popularity of these devices is highest among the younger population, especially in the US.

    The strategic partnership among supply chain members is an emerging trend in the smart band market. In recent years, smart band manufacturers have increased their relationships with industry players worldwide. For instance, during 2015, HTC partnered with Under Armour to develop the Grip smart band.

    Geographical segmentation and analysis of the smart band market

    Americas

    APAC

    EMEA

    The Americas accounted for 65% of the market share during 2015 and is expected to retain its market leadership until the end of the forecast period. Its dominance was due to the presence of tech-savvy consumers with greater awareness of technologically advanced products such as smart bands. Fitbit, Garmin, and Jawbone; which are among the top five leading vendors in the market are also based out of the US.

    Get a Free Sample Copy of the Report: http://www.researchmoz.us/enquiry.php?type=S&repid=489838

    Competitive landscape and key vendors

    The global smart band market is characterized by intense competition due to the presence of multiple small and large vendors. The report predicts uncertain market growth for all vendors in 2016. Although large vendors such as Fitbit, Jawbone, and Samsung already have an established presence in the market, yet small vendors from APAC such as Xiaomi is taking over due to the low cost of manufacturing in the APAC region.

    The leading vendors in the market are -

    Fitbit

    Garmin

    Jawbone

    Samsung Electronics

    Xiaomi

    The other prominent vendors in the market include Lenovo, LG, Nike, Razer, and Sony.

    Key questions answered in the report include

    What will the market size and the growth rate be in 2020?

    What are the key factors driving the global smart band market?

    What are the Key Market trends?impacting the growth of the smart band 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 vendors in the global smart band market?

    Trending factors influencing the market shares of the Americas, APAC, and EMEA?

    What are the key outcomes of the five forces analysis of the smart band market?

    Inquiry on this report: http://www.researchmoz.us/enquiry.php?type=E&repid=489838



    Table of Content

    PART 01: Executive summary

    Highlights

    PART 02: Scope of the report

    Base year

    Forecast period

    Market coverage

    Market size calculation

    Geographical segmentation

    Vendor segmentation

    PART 03: Market research methodology

    Research methodology

    Economic indicators

    PART 04: Introduction

    Key market highlights

    PART 05: Market landscape

    Market overview

    Realistic scenario

    Optimistic scenario

    Five forces analysis

    Browse All ICT Market Research Reports at: http://www.researchmoz.us/ict-market-reports-96.html

    About ResearchMoz

    ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives.

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