"Rapid Increase in Fitness Trackers Market to Boost the growth of 3D Pedometer Market"
The 3D pedometer market worldwide is expected to grow at a CAGR of 5.14% during the forecast period from 2019 to 2027, starting from US$ 1.49 Bn in 2018. The demand for 3D pedometer is increasing rapidly due to rising fitness trackers market worldwide. Since 2017, the fitness trackers market is growing with over 10% growth rate annually. The multipurpose use of 3D pedometer to record various activities such as daily steps, distance covered, calories burned and others has propelled the penetration of 3D pedometers worldwide. Some of the 3D Pedometer are available with various connectivity options such as Wi-Fi, Bluetooth, LCD screen and touch, which makes 3D Pedometer more user-friendly. As a result of all these factors, we are expecting a boom in the 3D pedometer market during the forecast period.
Market Synopsis
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"Online Sales Segment to Continue Dominate the Market"
In 2018, the online sales segment contributing to over 60% of the total revenue generated worldwide in 3D pedometer market. Expansion of e-commerce industry worldwide and noteworthy benefits of online sales are driving the growth of the online sales segment. Some of the major benefits that are the major growth drivers of online sales are attractive deals, ease of shopping, faster shipping and others. Due to all these factors, we are expecting the online sales segment to continue dominating the market throughout the forecast period. In addition, considering consumer behavior towards purchasing 3D pedometer or similar fitness trackers, online retails remains the preferred channel.
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"Asia Pacific to Register the Fastest Growth in the Forecast Period"
North America lead the 3D Pedometer market followed by Europe and Asia Pacific. In 2018, the regional market accounted for nearly 30% of the total revenue generated worldwide. North America is the leader due to rising health issues such as obesity, diabetes, blood pressure and other ailments includes body acne, asthma and others. Asia Pacific is expected to register the highest growth in the 3D pedometer market during the forecast period due to increase in younger population, technological advancements, urbanization and others. Due to all these factors, we are expecting a huge growth in the Asia Pacific region throughout the forecast period.
Some of the prominent players operating in the 3D Pedometer market include Huawei Technologies Co., Ltd, DiDo, FitBit, Inc., WeLoop, Life Sense Group, Omron Corporation, Precision and others.
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Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The 3D pedometer market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global 3D pedometer market based on product type, sales channel and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Product Type (2017–2027; US$ Bn)
• Pedometer Watches
• Computer-enabled Pedometers
|
|
Sales Channel (2017–2027; US$ Bn)
• Online Retail
• Physical Stores
|
|
Geography (2017–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of 3D pedometer market in 2018 and forecast up to 2027?
- Which is the largest regional market for 3D pedometer market?
- What are the major trends followed in overall 3D pedometer market across different regions?
- Who are the key 3D pedometer companies leading the market?
- What are the key strategies adopted by the leading 3D pedometer companies in market?
Unique data points of this report
- Statistics on fitness trackers market worldwide
- Statistics on 3D pedometer penetration and spending worldwide
- Recent trends across different regions in terms of adoption of 3D pedometer across various applications
- Notable developments going on in 3D pedometer industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
