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Growing health concerns and rising demand for fitness tracking devices is driving the growth of connected gym equipments market. Connected gym equipments allow the user to monitor the workout session in real time and help to improve the performance and to collect workout data. Rising number of fitness enthusiasts along with emerging technology of connecting their smart phones and tablets to the smart gym equipments to track their performance and fitness activity is the major factor fuelling the growth of global connected gym equipment market. Global connected gym equipment market is expected to expand at a CAGR of 26.7% over the forecast period i.e. 2016-2024. Connected gym equipment market segmentation has been carried out on the basis of product types such as cardiovascular and strength training connected gym equipments.
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Report Code : CR1001 Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis Global Connected Gym Equipment Market Outlook Gym equipments are getting smarter with the innovation of technology and digitization across the globe. Connected gym equipments are equipped with software and sensors that stores data and monitor every workout session for better results. Moreover, connected gym equipments are capable of measuring improvements and can track physical response to training session such as calories burned, heart rate, activity data and wattage output. Connected gym equipments also offer capability to track your workout session data on mobile apps. Mobile apps also features training plans, by collecting data from sensors which are implanted in the shoe sole, in functional wears which measures bodily movements and also controls bodily functions. Earlier it was anticipated that no algorithm can successfully replace a well trained trainer but the digital products are getting closer to innovation. Wearable technology is one of the most popular technologies among fitness freaks which include activity trackers, smart watches and smart eye glasses. Connected gym bikes are also the most attractive technology that allows the user to visually target individual muscles and to take complete advantage of limitless settings of the bike.
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis • Market Segmentation • By Product Type • Cardiovascular Training Equipment • Treadmills • Elliptical • Stationary bike • Rowing machine • Others • Cardiovascular Training Equipment • Squat Rack • Barbells • Bench Press • Incline bench press • Dumbbells • Other • By Distribution Channels • Offline Channels • Online Channels Sample Request
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis • Based on Geography • North America (US, Canada) {Market Share (%), Market Size (USD Million), Product Unit (Sales)} • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Million), Product Units (Sales), Product Unit (Sales)} • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Million), Product Unit (Sales)} • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Million), , Product Unit (Sales)} • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Million), Product Unit (Sales)} • Rest of the World {Market Share (%), Market Size (USD Million), Product Unit (Sales), Product Unit (Sales)}
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis Market Size and Forecast (2016-2024) The global connected gym equipment market is accounted for roughly USD 135 million in 2016 and expected to expand at compound annual growth rate of 26.7% over the forecast period i.e. 2016-2024. Further, the market is anticipated to surpass USD 900 million by the end of 2024. The market is expected to grow significantly over the forecast period owing to rising adoption of smart fitness wears. Geographically, North America is anticipated to dominate the market over the forecast period. The dominance of the region is expected to be driven by the growing adoption of smart wearable technology and rising health awareness among consumers. North America is likely to be followed up by Europe and Asia Pacific owing to huge consumer base and increasing penetration of smart technology and fitness tracking wearable.
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis Growing health concerns and rising demand for fitness tracking devices is driving the growth of connected gym equipments market. Connected gym equipments allow the user to monitor the workout session in real time and help to improve the performance and to collect workout data. Rising number of fitness enthusiasts along with emerging technology of connecting their smart phones and tablets to the smart gym equipments to track their performance and fitness activity is the major factor fuelling the growth of global connected gym equipment market. Global connected gym equipment market is expected to expand at a CAGR of 26.7% over the forecast period i.e. 2016-2024. Connected gym equipment market segmentation has been carried out on the basis of product types such as cardiovascular and strength training connected gym equipments. Cardiovascular gym equipments constitute major share in connected gym equipment market owing to its wide adoption in gyms as well as for use in homes. On the other hand, strength training equipments are not much evolved in terms of technology and are expected to grow moderately with innovation of new products. Global connected gym equipment market size reached USD 135 million in 2016 and further the market is estimated to surpass USD 900 million by the end of 2024. Geographically, North-America and Europe are showcasing the fastest adoption rate of connected gym equipments. North America is expected to maintain its dominance in global connected gym equipment market over the forecast period owing to rising number of new start-up gyms and introduction of new connected gym devices by the established player in the region. Asia-Pacific is anticipated to be fastest growing region, owing to rapid urbanization and penetration of advance technology in developing countries. Send Us Sample Request@https://www.goldsteinresearch.com/request-sample/global-connected-gym-equipment-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis • Scope Background • Market Synopsis • Market Segmentation • The global connected gym equipment market segmentation as follows: • By Product Type (Market Size, Demand Analysis and Growth Analysis) • By Distribution Channels Type (Market Size, Demand Analysis and Growth Analysis) • By Country • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} • Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} • Rest of World {Market Size, Growth Analysis and Opportunity Analysis} Sample Request
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis • Market Dynamics: Growth Drivers, Restraints and Opportunities • Risk Factors • Regional Variations • Recent Trends and Developments • Key Market Players • Synopsis • Business Strategy • Product Portfolio • SWOT Analysis • Porter’s Five Force Model • Market Landscape: Competition and Beyond • Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem • Expert Analysis • Concluding Remarks • Request for TOC@https://www.goldsteinresearch.com/toc-request/global-connected-gym-equipment-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024 Sample Request
Global Connected Gym Equipment Market Outlook 2016-2024 | Insights, Trends, Demand & Competitors Analysis About Goldstein Research Based in U.S., Goldstein Researchis a young business consulting and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
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