AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Outdoor Sports GPS Device market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Outdoor Sports GPS Device market to grow at a CAGR of %.
According to Analyst at AMA Research, the Global Outdoor Sports GPS Device market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Use in Sports Analytics and Increasing Participation of People in Leisure and Outdoor Activities Around the Globe.
Outdoor sports GPS devices are the portable gadgets which receive satellite signals. A GPS device providing various functionalities is available in different forms including a handheld device, wearable device such as smart watch & a smart glass. These devices have same mechanism as the smartphones and tablets. The increasing outdoor sports activities coupled with rising popularity of wearable devices globally are the key factors which drive the global outdoor sports GPS devices market growth over coming years.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Outdoor Sports GPS Device market by Type (Handheld Device and Wearable Device (Smart Watch and Smart Glasses)), by Application (Golfing, Running, Cycling, Hiking and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Finland, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market