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NEWS
Health and fitness devices will dominate wireless accessory market
POSTED 05 Aug 2013 . BY Chris Dodd
The health and fitness app market is expected to show exciting growth
Health and fitness devices will make up half of all wireless accessories shipped by 2018, with shipments of app-enabled devices set to hit 170m, according to a new report from Juniper.

The growth in the number of devices shipped will increase from a current level of over 18m this year.

Devices considered in the study included smart watches, smart glasses and other pieces of wireless hardware that link to smartphones.

The study found that entry from influential brands such as Apple and Google into the market will drive interest and adoption levels of premium, wearable devices. This in turn will lead to greater awareness and an increased knowledge among consumers.

Given that over 50 per cent of wireless devices shipped this year will relate to the healthcare and fitness industries, the study suggests a multi-channel approach will be necessary for businesses to secure a place in the market.

In another recent study, IHS found that a 60 per cent increase is expected in the number of sports and fitness app installed between now and 2017. Figures show that these installs, which often accompany device accessories, will grow from 156m in 2012 to 248m in 2017.

Last year a survey of 400 UK and US consumers, conducted by IHS subsidiary IMS, showed that 62 per cent of smartphone owners who exercise at least once a week and are interested in sport would be willing to buy a fitness sensor that connects to an app on their phone.
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Jobs    News   Products   Magazine
NEWS
Health and fitness devices will dominate wireless accessory market
POSTED 05 Aug 2013 . BY Chris Dodd
The health and fitness app market is expected to show exciting growth
Health and fitness devices will make up half of all wireless accessories shipped by 2018, with shipments of app-enabled devices set to hit 170m, according to a new report from Juniper.

The growth in the number of devices shipped will increase from a current level of over 18m this year.

Devices considered in the study included smart watches, smart glasses and other pieces of wireless hardware that link to smartphones.

The study found that entry from influential brands such as Apple and Google into the market will drive interest and adoption levels of premium, wearable devices. This in turn will lead to greater awareness and an increased knowledge among consumers.

Given that over 50 per cent of wireless devices shipped this year will relate to the healthcare and fitness industries, the study suggests a multi-channel approach will be necessary for businesses to secure a place in the market.

In another recent study, IHS found that a 60 per cent increase is expected in the number of sports and fitness app installed between now and 2017. Figures show that these installs, which often accompany device accessories, will grow from 156m in 2012 to 248m in 2017.

Last year a survey of 400 UK and US consumers, conducted by IHS subsidiary IMS, showed that 62 per cent of smartphone owners who exercise at least once a week and are interested in sport would be willing to buy a fitness sensor that connects to an app on their phone.
MORE NEWS
Active Oxfordshire secures £1.3 million to tackle shocking levels of inequality
Active Oxfordshire has received £1.3 million to tackle inactivity and inequality and launch a new programme for children.
Barry’s considers next investor move, as North Castle Partners looks to exit
Barry’s – known for its HIIT workouts combining treadmills and weights – is thought to be looking at strategic options, including taking on a new backer.
Providence Equity Partners takes control of VivaGym and its Fitness Hut brand
US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a shareholder. Financial terms have not been disclosed.
Bannatyne has bounced back from the pandemic
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Basic-Fit hints Spanish Holmes Place clubs might be sold
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Nuffield Health calls for National Movement Strategy as research shows decline in fitness levels among some consumers
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COMPANY PROFILES
miha bodytec

Founded in 2007 in Gersthofen, Germany, miha bodytec is the market-leading supplier of Electro Muscl [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

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