According to HTF Market Intelligence, the Global Gps Watches market to witness a CAGR of 6.68% during forecast period of 2023-2028. The market is segmented by Global GPS Watches Market Breakdown by Application (Fitness Tracking, Outdoor Adventures, Health Monitoring, Others) by Type (Fitness GPS, Running GPS, Multi-sport GPS Watches, Others) by Sales Channel (Online, Offline) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The GPS Watches market size is estimated to increase by USD 0.97 Billion at a CAGR of 6.68% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 1.4 Billion.
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HTF Market Intelligence published a new research publication on GPS Watches Market Insights, to 2028″ with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the GPS Watches market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Garmin (United States), Fitbit (acquired by Google) (United States), Apple (United States), Samsung (South Korea), Polar (Finland), Suunto (owned by Amer Sports, a Chinese consortium) (Finland), Casio (Japan), TomTom (Netherlands), Huawei (China), Amazfit (a subsidiary of Huami) (China), Fossil (United States), Xiaomi (China), Coros (United States), Timex (United States), Sony (Japan)
Definition:
GPS watches are wearable devices equipped with GPS technology that allow users to track their location, distance traveled, speed, and other fitness-related metrics. These watches are widely used by athletes, outdoor enthusiasts, and fitness enthusiasts to monitor their activities and performance.
Market Trends:
Integration of advanced health monitoring features, including heart rate monitoring, sleep tracking, and stress tracking.
Market Drivers:
Rising health and fitness awareness among consumers.
Market Opportunities:
Expansion into emerging markets with untapped potential.
Market Restraints:
Expansion into emerging markets with untapped potential.
Market Challenges:
Expansion into emerging markets with untapped potential.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of GPS Watches Market: Fitness GPS, Running GPS, Multi-sport GPS Watches, Others
Key Applications/end-users of GPS Watches Market: Fitness Tracking, Outdoor Adventures, Health Monitoring, Others
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With this report you will learn:
- Who the leading players are in GPS Watches Market?
- What you should look for in a GPS Watches
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 GPS Watches vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
Who should get most benefit of this report?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for GPS Watches
- Marketers and agencies doing their due diligence in selecting a GPS Watches for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
List of players profiled in this report: Garmin (United States), Fitbit (acquired by Google) (United States), Apple (United States), Samsung (South Korea), Polar (Finland), Suunto (owned by Amer Sports, a Chinese consortium) (Finland), Casio (Japan), TomTom (Netherlands), Huawei (China), Amazfit (a subsidiary of Huami) (China), Fossil (United States), Xiaomi (China), Coros (United States), Timex (United States), Sony (Japan)
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of GPS Watches Market
GPS Watches Size (Sales Volume) Comparison by Type (Fitness GPS, Running GPS, Multi-sport GPS Watches, Others)
GPS Watches Size (Consumption) and Market Share Comparison by Application (Fitness Tracking, Outdoor Adventures, Health Monitoring, Others) (2022-2028)
GPS Watches Size (Value) Comparison by Region (2023-2028)
GPS Watches Sales, Revenue and Growth Rate (2023-2028)
GPS Watches Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type (Fitness GPS, Running GPS, Multi-sport GPS Watches, Others)
Analyse competitors, including all important parameters of GPS Watches
GPS Watches Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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Actual Numbers & In-Depth Analysis of Global GPS Watches Market Size Estimation and Trends Available in Full Version of the Report.
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