Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Report: GPS Fitness Watch Market to Grow 50% in 2013
Feb 13, 2013
 Printable format
 Email this Article
 Search

The GPS fitness watch market is on-track to hit $1.07 billion in 2013, according to ABI Research's latest GPS market report, and that growth will come regardless of whether the rumors of an Apple smart watch turn out to be true or false.

"Low cost watches rapidly emerged in 2012, and are forecast to take a significant chunk of the market in 2013," noted senior analyst Patrick Connolly.

He pointed to projected GPS IC shipment estimates that indicate that well-known watch, fitness apparel, and electronics makers are all planning one new GPS watch launches in 2013.

"In 2012, Motorola's MOTOACTV watch was a great example of how a new entrant can instantly win market share with a strong feature set and good price point," Connolly said.

Lesser-known names are also getting into the business, and the CES show included health/fitness watches being exhibited by start-ups including Leikr, Pebble, and Basis.

Cellular GPS fitness watches are coming from I'm Here and Bia Sport.

The market research firm said device manufacturers should accept that users now have familiarity and data banked with certain applications. Such users will be enticed by the ability to tie into their data rather than re-start with a new analytics package.

The research firm's Dominique Bonte noted the rumors of Apple products coming in this category in 2013, but they may be unfounded. "If an Apple watch did feature integrated GPS, it would no doubt significantly boost shipment forecasts in 2013."

Back to Daily News

 

Daily News

...........................................................

Oct 1, 2014: Commercial appliance spending and other restaurant capital spending solid in August

Oct 1, 2014: Appliance maker Gorenje is first Slovenian company with a European Works Council

Oct 1, 2014: HVAC/R contractors positive about short-term growth

Oct 1, 2014: Global semiconductor industry on-track to biggest year ever

Sep 30, 2014: Whirlpool Water launches refrigerator filter recycling program

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows