Rapid Increase in Fitness Trackers Market to Boost the Growth of the 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 pedometers is increasing rapidly due to the rising fitness tracker market worldwide. Since 2017, the fitness tracker market has grown at a rate of over 10% annually. The multipurpose use of 3D pedometers to record various activities such as daily steps, distance covered, calories burned, and others have propelled the penetration of 3D pedometers worldwide. Some of the 3D pedometers are available with various connectivity options such as Wi-Fi, Bluetooth, an LCD screen, and touch, which makes the 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
Online Sales Segment to Continue Dominating the Market
In 2018, the online sales segment contributed over 60% of the total revenue generated worldwide in the 3D pedometer market. The expansion of the e-commerce industry worldwide and the 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 toward purchasing 3D pedometers or similar fitness trackers, online retail remains the preferred channel.
Asia Pacific to Register the Fastest Growth in the Forecast Period
North America led 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 such as 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 an increase in the younger population, technological advancements, urbanization, and others. Due to all these factors, we are expecting 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.
Historical and Forecast Period
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is 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 the global 3D pedometer market based on product type, sales channel, and geography. Key segments covered in the report are as follows:
Key questions are answered in this report.
What was the market size of the 3D pedometer market in 2018, and what is the forecast up to 2027?
Which is the largest regional market for the 3D pedometer market?
What are the major trends followed in the 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 the market?
Unique data points of this report
Statistics on the fitness tracker market worldwide
Statistics on 3D pedometer penetration and spending worldwide
Recent trends across different regions in terms of adoption of the 3D pedometer across various applications
Notable developments are going on in the 3D pedometer industry.
Attractive investment propositions for segments as well as geography
Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
Frequently Asked Questions:
The market for 3D Pedometer Market is expected to reach US$ 1.49 Bn in 2027.
The 3D Pedometer Market is expected to see significant CAGR growth over the coming years, at 5.14%.
The report is forecasted to 2019-2027.
The base year of this report is 2018.
Huawei Technologies Co.,DiDo,FitBit, Inc.,WeLoop, Life Science Group are some of the major players in the global market.
