Global Smart Band Market 2016-2020
The report analyzes and presents an overview of "Global Smart Band Market 2016-
Market outlook of the smart band market
Technavios 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.
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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. Technavio 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 -
The other prominent vendors in the market include Lenovo, LG, Nike, Razer, and Sony.
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Table of Content :
PART 01: Executive summary
PART 02: Scope of the report
Market size calculation
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
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