Global Smart Band Market 2016-2020.pdf

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Global Smart Band Market 2016-2020 is the latest addition to Rnrmarketresearch.org industry
research reports collection. The research analyst predicts the global smart band market to grow
steadily at a CAGR of around 8% during the forecast period.
Market outlook of the smart band market
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.
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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 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.
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Key questions answered in the report include
1. What will the market size and the growth rate be in 2020?
2. What are the key factors driving the global smart band market?
3. What are the key market trends impacting the growth of the smart band market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the vendors in the global smart band
market?
7. Trending factors influencing the market shares of the Americas, APAC, and EMEA?
8. What are the key outcomes of the five forces analysis of the smart band market?
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