The article cited AMA's Global GPS Watches Market Study explored substantial growth with CAGR of 5.1%. According the report, Technological advancement in smart watch for various applications is one of the primary growth factors for the market. Increasing number of online stores across the globe
is also expected to contribute significantly to the GPS Watches market. Overall, Men
applications of GPS Watches, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global GPS Watches market identified that the demand is rising in many different parts of the world as "The integration of IoT technology". Furthermore, some recent industry insights like "February 2018, Apple launched its first store in Austria, this is as a part of compa and In September 2017, Huawei launched its classic versions of smartwatches for customers, particularly in India, who have been demanding economic smartwatches equipped with various smart features including Bluetooth, GPS, NFC and Wi-Fi, at a pocket-friendly price. The newly launched Huawei Watch 2, Huawei Watch 2 Classic, and Huawei Watch 2 4G are comparatively low priced than other similar offerings by players in the market." is constantly making the industry dynamic. One of the challenges that industry facing is "Limited Battery life and Dependent on Smartphones"
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 GPS Watches market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the GPS Watches market and other related sub-markets covered in the study.
o Key & emerging players in the GPS Watches market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall GPS Watches market size is calculated using market estimation process, the GPS Watches market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global GPS Watches market size has been validated using both top-down and bottom-up approaches.