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Global Wrist Wearable Market to grow at a CAGR of 10.94% during the period 2016-2020.

Press Release   •   Oct 14, 2016 09:32 EDT

About Wristband

The smartwatches are multifunctional, and will hence gain popularity among consumers during the forecast period. Fitbit, a provider of fitness products, is one of the leading vendors in the global fitness band market. As a result of the growing popularity of smartwatches, wristband manufacturers across the globe are focusing on increasing the application areas so as to compete with other smartwatches and gain market share. For instance, some of the applications of wristbands, apart from fitness tracking, include mobile payments, secure access, safety, health, and wellness.

Technavios analysts forecast the Global Wrist Wearable Market to grow at a CAGR of 10.94% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global wrist wearable market for 2016-2020. To calculate the market size, the report considers the unit shipment of smart watches and fitness bands.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/834822

Technavio's report, Global Wrist Wearable Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Apple

Fitbit

Garmin

Jawbone

Lenovo

Samsung Electronics

Xiaomi

Other prominent vendors

Adidas

Amiigo

Asus

Atlas Wearables

Baidu

BBK

Fitbug

Flyfit

Fossil

Goqii

Healbe

iFit

Jaybird

LG

Martian

Misfit

Mota

Movable

Mushroom Labs

Nautilus

Nike

Pivotal

Polar

Razer

Runtastic

Skechers

Sony

Striiv

TAG Heuer

Titan

YU Televentures

Market driver

Increased awareness of healthy lifestyle

For a full, detailed list, view our report

Market challenge

Integration of sensors into consumer-end devices and accessories

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 2020 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?