According to the report, Attraction towards GPS Oriented Watches
is one of the primary growth factors for the market. Increasing Inclination towards Sports as well as Health & Fitness
is also expected to contribute significantly to the Sports Watches market. Overall, Running
applications of Sports Watches, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End User, such as Men, is boosting the Sports Watches market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Sports Watches market identified that the demand is rising in many different parts of the world as "Adoption of Advanced Technology". Furthermore, some recent industry insights like "On 7th October 2018, Apple has launched sport watch named as "Watch Nike+ Series 4" across United States, Australia and Asia and in other countries. This watch provides features such as larger screen, thinner body and ECG reader (currently US-only), fall detection and more. Price of watch between 399 dollar and 499 dollar. and On 8th January 2018, Garmin International, Inc. has launched GPS running watch with integrated music named as the Forerunner® 645 Music. Additionally, it provide feature such as Garmin" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Sports Watches market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Sports Watches market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.