Global Outdoor Sports GPS Device Market 2015-2019
About Outdoor Sports GPS Devices
Outdoor sports GPS devices are portable gadgets that receive satellite signals. A GPS device offering different functionalities comes in different forms such as a handheld device, wearable device, smart watch and a smart glass. The mechanism of these devices is similar to smartphones and tablets.
Technavio’s analysts forecast the global outdoor sports GPS device market to grow at a CAGR of 13.21% in revenue from 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the global outdoor sports GPS device market for 2015-2019. To calculate the market size, the report considers the revenue generated from global outdoor sports GPS devices across various regions.
Technavio's report, the Global Outdoor Sports GPS Device Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the market’s global landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors.Key Regions
Technavio Announces the Publication of its Research Report – Global Outdoor Sports GPS Device Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Outdoor Sports GPS Device Market: Bushnell, DeLorme Publishing Company, Garmin International and Magellan Navigation
Other Prominent Vendors in the market are: Adidas, Apple, Fitbit, Jawbone, Nike, Samsung and Sony
Commenting on the report, an analyst from Technavio’s team said: “The introduction of augmented reality technology has taken the experience of using GPS devices to a new dimension. Augmented reality technology allows users to view the real, physical environment live, directly or indirectly, where elements are augmented by computer-generated sensors. This technology is used by vendors such as Garmin, which helps in projecting images in high resolution and allow users to manipulate 3D objects. For instance, the technology helps the user to view the golf course from numerous standpoints. The player can easily identify the greens, water landscapes, bunkers, trees, and the unevenness in the ground that the golfer would not be able to perceive otherwise. The use of augmented reality technology in GPS devices therefore, is an emerging trend that will drive the growth of the overall market.”
According to the report, increased usage of wearable devices in sports analytics favors the growth of the market. Outdoor sports GPS devices are predominantly used in sports analytics as they aid in the decision-making process of many games and sports such as football and golf. These devices are used to monitor speed, distance, and the heart rate of players. In addition, the fitness of players can be monitored while they are on the field. Players are trained to improve their fitness based on the gathered information.
Further, the report states that privacy and security of data and information gathered is a serious concern for the market.
Bushnell, DeLorme Publishing Company, Garmin International, Magellan Navigation, Adidas, Apple, Fitbit, Jawbone, Nike, Samsung, Sony
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