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Fitness wearables will dip, but then bounce back, says study
POSTED 21 Nov 2014 . BY Kath Hudson
Wearables need to evolve to offer more functionality than smartphones, says Gartner
Wearable fitness devices are projected to dip in popularity in the short term, but bounce back in 2016, according to new research.

Analyst Gartner believes there will be a dip in shipments of smart wristbands, sports watches, fitness monitors, smart garments and heart rate monitor chest straps next year, owing to overlapping functionality with smartphones. However, more versatile designs and lower cost displays will lead to a resurgence the following year.

Shipments are expected to be 68.1 million units in 2015, down from 70 milion units this year. However, in 2016 Gartner expects to see shipments leap to 91.3 million, as they raise their game and smart garments have great potential for growth.

The analyst expects fitness bands and other monitors to carve out a non-retail niche, as they will be increasingly offered for free, or at discounted prices, by gyms, weight loss clinics, insurance companies and employers.
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  FEATURE: Wearable technology: Wearing it well


We catch up with the latest products in wearable technology – a market that’s expected to be worth US$2bn by 2018
  Almost three quarters of 16 to 24-year-old internet users 'interested in wearable tech'


Almost three quarters of 16 to 24-year-olds have used or hold an interest in wearable technology, according to new figures published by GlobalWebIndex.
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Planet Fitness increases price of basic membership for first time in over 20 years
Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using cash.
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
Xponential Fitness today indefinitely suspended founder and CEO, Anthony Geisler, saying it had been notified on 7 May that the company is facing a legal challenge by the United States Attorney’s Office for the Central District of California.
Fast Fitness Japan acquires master franchisee rights to Anytime Fitness Germany
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Jobs    News   Products   Magazine
NEWS
Fitness wearables will dip, but then bounce back, says study
POSTED 21 Nov 2014 . BY Kath Hudson
Wearables need to evolve to offer more functionality than smartphones, says Gartner
Wearable fitness devices are projected to dip in popularity in the short term, but bounce back in 2016, according to new research.

Analyst Gartner believes there will be a dip in shipments of smart wristbands, sports watches, fitness monitors, smart garments and heart rate monitor chest straps next year, owing to overlapping functionality with smartphones. However, more versatile designs and lower cost displays will lead to a resurgence the following year.

Shipments are expected to be 68.1 million units in 2015, down from 70 milion units this year. However, in 2016 Gartner expects to see shipments leap to 91.3 million, as they raise their game and smart garments have great potential for growth.

The analyst expects fitness bands and other monitors to carve out a non-retail niche, as they will be increasingly offered for free, or at discounted prices, by gyms, weight loss clinics, insurance companies and employers.
RELATED STORIES
Fitness gadget could mean you never have to plug your phone in again


No longer will your phone running out of juice be a problem: providing you are prepared to have a quick run. New gadget AMPY converts energy from motion into battery life to charge any USB-powered device.
FEATURE: Wearable technology: Wearing it well


We catch up with the latest products in wearable technology – a market that’s expected to be worth US$2bn by 2018
Almost three quarters of 16 to 24-year-old internet users 'interested in wearable tech'


Almost three quarters of 16 to 24-year-olds have used or hold an interest in wearable technology, according to new figures published by GlobalWebIndex.
MORE NEWS
Snap Fitness' holding company – Lift Brands – is up for sale
Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company –  owner of Snap Fitness and Fitness On Demand – is up for sale.
Planet Fitness increases price of basic membership for first time in over 20 years
Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, using cash.
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
Xponential Fitness today indefinitely suspended founder and CEO, Anthony Geisler, saying it had been notified on 7 May that the company is facing a legal challenge by the United States Attorney’s Office for the Central District of California.
Fast Fitness Japan acquires master franchisee rights to Anytime Fitness Germany
Fast Fitness Japan, master franchisee of Anytime Fitness in Japan, has acquired Eighty-8 Health & Fitness, giving the company master franchisee rights to Anytime Fitness in Germany.
Saga Holographic hits Kickstarter target to roll out holographic indoor bike
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Peloton considers de-listing to draw a line under pandemic challenges
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FEATURED SUPPLIERS

Sue Anstiss' Game Changers podcast headed for Elevate 2024
Join us at Elevate from 12-13 June in London for a special one-off live recording of The Game Changers Podcast with Sue Anstiss, CEO of Fearless Women. [more...]

Places Leisure successfully launches myFitApp to enhance member experience
Places Leisure is a leading leisure centre operator with a mission to create active places and healthy people for communities to thrive. [more...]
+ More featured suppliers  
COMPANY PROFILES
Precor

Precor has been a pioneer in delivering fitness experiences for commercial customers for more than 4 [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


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