Global Pedometer Market 2017-2021

Global Pedometer Market 2017-2021

About Pedometer

A pedometer is an individual portable device, usually an electronic or electromechanical product, used to record the number of steps taken by a person by detecting the signal from a hip or hand motion. The modern pedometer device or app is supported with added functions, such as blood pressure monitoring, heartbeat count, and the count on calorie burn. These benefits of the product encourage its increased adoption. Pedometers are of several types among which the global market is classified broadly into two categories. Technavio’s analysts forecast the global pedometer market to grow at a CAGR of 6.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global pedometer market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Pedometer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Fitbit
  • Garmin
  • Jawbone
  • Omron Healthcare
Other prominent vendors
  • Apple
  • Motorola
  • Yamax
  • Samsung
  • Adidas
  • Misfit
  • Xiaomi
Market driver
  • Increased adoption of wearable devices for healthy lifestyle
  • For a full, detailed list, view our report
Market challenge
  • Low penetration in developing markets
  • For a full, detailed list, view our report
Market trend
  • Technological advancements
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Press Releases

Technavio Announces the Publication of its Research Report – Global Pedometer Market 2017-2021

Technavio recognizes the following companies as the key players in the global pedometer market: Fitbit, Garmin, Jawbone, and Omron Healthcare

Other Prominent Vendors in the market are: Apple, Motorola, Yamax, Samsung, Adidas, Misfit, and Xiaomi.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Technological advancements. Various technological advancements are taking place across industries, such as healthcare, medical, and the wearable industry. The pendulum-based electromechanical pedometers are undergoing product transformation to increase their accuracy and efficacy. The advancement in technology has led to the emergence of piezoelectric sensors that are used in pedometers to increase the accuracy of the device. As the piezoelectric device works on electromagnetic signals, the accuracy in counting steps or keeping track of the distance traveled is higher than a pendulum-based pedometer.”

According to the report, one of the major drivers for this market is Increased adoption of wearable devices for healthy lifestyle. The growing awareness about health and wellness is encouraging many people to exercise and stay fit and healthy. Wearables are increasingly being used by individuals as a preventive measure to monitor their health conditions. Among the wearable devices, the pedometer, which is available in various formats and designs, is one of the preferred devices. Pedometers are used by individuals to track the distance covered by them and monitor some basic health conditions. Features such as calorie counter, blood pressure monitor, and heart beat counter are providing value addition to the product and are one of the unique selling propositions for the higher sales of the product.

Further, the report states that one of the major factors hindering the growth of this market is Low penetration in developing markets. The pedometer is one of the most common wearable devices used by individuals. Pedometers are generally purchased from retail outlets such as supermarkets, hypermarkets, company outlets, or online stores, which also deal with other consumer goods and electronic devices. Online sales have also greatly improved over the past few years. This has increased product sales through the online stores. Vendors are frequently interacting with consumers to increase consumers' education and to motivate consumers toward maintaining health and wellness. In addition, companies are encouraging its employees to consume their products themselves, in order to provide first-hand testimonials about the product, thereby serving as a powerful sales tool.

Companies Mentioned

Fitbit, Garmin, Jawbone, Omron Healthcare, Apple, Motorola, Yamax, Samsung, Adidas, Misfit, and Xiaomi.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Overview: Global pedometer market 2017-2021
  • Market landscape
    • Market overview
      • Table Structural and functional development of pedometer
    • Industry value chain
      • Table Value chain for pedometer vendors
      • Table Pricing strategies for manufacturers and suppliers
    • Consumer insights
      • Table Factors affecting buying decision of consumers
      • Table Factors affecting the stakeholders of global pedometer market
    • Market size and forecast
      • Table Global pedometer market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Market overview
      • Table Pedometer market by region 2016-2021
    • Pedometer market in Americas
      • Table Pedometer market in Americas 2016-2021 ($ millions)
    • Pedometer market in EMEA
      • Table Pedometer market in EMEA 2016-2021 ($ millions)
    • Pedometer market in APAC
      • Table Pedometer market in APAC 2016-2021 ($ millions)
  • Market segmentation by distribution channels
    • Market overview
      • Table Global pedometer market by distribution channel 2016-2021
    • Global pedometer market by online stores
      • Table Global pedometer market by online stores 2016-2021 ($ millions)
      • Table Internet users region-wise 2016 (%)
    • Global pedometer market by retail outlets
      • Table Global pedometer market by retail outlets 2016-2021 ($ millions)
  • Market segmentation by product
    • Market overview
      • Table Global pedometer market by product 2016-2021
    • Global manual pedometer market
      • Table Global manual pedometer market 2016-2021 ($ millions)
    • Global smart pedometer market
      • Table Global smart pedometer market 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Technological advancements
    • Increased adoption of connective devices
    • Growth of modern sales channels
      • Table Growth of e-commerce industry 2008-2015
    • Emerging markets
  • Vendor landscape
    • Competitive landscape
  • Key vendor analysis
    • Fitbit
      • Table Fitbit: Profile
      • Table Fitbit: Strength analysis
      • Table Fitbit: Strategy assessment
      • Table Fitbit: Opportunity assessment
    • Garmin
      • Table Garmin: Profile
      • Table Garmin: Strength analysis
      • Table Garmin: Strategy assessment
      • Table Garmin: Opportunity assessment
    • Jawbone
      • Table Jawbone: Profile
      • Table Jawbone: Strength analysis
      • Table Jawbone: Strategy assessment
      • Table Jawbone: Opportunity assessment
    • Omron Healthcare
      • Table Omron Healthcare: Profile
      • Table Omron Healthcare: Strength analysis
      • Table Omron Healthcare: Strategy assessment
      • Table Omron Healthcare: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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