{"id":13192,"date":"2023-01-25T23:26:09","date_gmt":"2023-01-26T04:26:09","guid":{"rendered":"https:\/\/desis.osu.edu\/seniorthesis\/?p=13192"},"modified":"2023-01-25T23:27:54","modified_gmt":"2023-01-26T04:27:54","slug":"global-wearable-devices-in-sports-market-industry-trends-and-forecast-to-2029","status":"publish","type":"post","link":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/2023\/01\/25\/global-wearable-devices-in-sports-market-industry-trends-and-forecast-to-2029\/","title":{"rendered":"Global Wearable Devices in Sports Market \u2013 Industry Trends and Forecast to 2029"},"content":{"rendered":"\n<p>Sports-related wearable technology is a collection of diverse items intended to aid and support users. These wearable gadgets were created to assist athletes through technology. These wearable devices use IoT, Bluetooth, and Wi-Fi technology to offer data on an individual&#8217;s overall performance. They aid athletes in measuring important health indicators including heart rate and stamina. These wearable gadgets have GPS trackers that collect data on the user&#8217;s pace, heart rate, number of steps taken, number of calories burned, and other things. These tools sustain the user&#8217;s training-related physical activity and guard against overtraining. These gadgets also monitor sleeping patterns and exercise routines.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Rapidly increasing demands, a rise in industrialization, consumer awareness, growing sectors, and technical improvements are fueling the expansion of the global Wearable Devices in the Sports market.&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p><strong>Opportunities<\/strong><\/p>\n\n\n\n<p>Consumer awareness as a factor for the increased demand for wearable sports devices is super interesting to me. The article mentions opportunities for key players to be wearables that are health conscious. &#8220;Technology advancements like the smart watch, fitness tracker, and Bluetooth-enabled camera have opened up new business expansion opportunities.&#8221;<\/p>\n\n\n\n<p><strong>Restraints\/Challenges<\/strong><\/p>\n\n\n\n<p>The article goes into detail about some restraints and challenges in the wearables market. I was able to understand challenges like low battery life, high initial costs, product approvals, product launches and market size. Although I found it hard to grasp some of the restraints and challenges mentioned (ex: import-export analysis, analyses opportunities in terms of emerging revenue pockets, and application niches and dominance), it is still good to be aware of these things so I can find out what they mean at a later date.<\/p>\n\n\n\n<p>The following is another are of the article I found that could be useful to my research.<\/p>\n\n\n\n<p><strong>Global Wearable Devices in Sports Market Scope<\/strong><\/p>\n\n\n\n<p>&#8220;The wearable devices in the sports market is segmented on the basis of component, product type, site, application, end user, and distribution channel.&#8221; I highlighted below where I feel my AR tool would fall although I don&#8217;t envision it to be wearable.<\/p>\n\n\n\n<p><strong>Component<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hardware<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Software<\/mark><\/li>\n<\/ul>\n\n\n\n<p>&nbsp;<strong>Product Type<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Pedometers<\/li>\n\n\n\n<li>fitness and Heart Rate Monitors<\/li>\n\n\n\n<li>Smart Fabrics<\/li>\n\n\n\n<li>Smart Camera<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Shot\u00a0Trackers<\/mark><\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Others<\/mark><\/li>\n<\/ul>\n\n\n\n<p><strong>&nbsp;Site<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Headband<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Handheld<\/mark><\/li>\n\n\n\n<li>Arm and Wrist<\/li>\n\n\n\n<li>Clip<\/li>\n\n\n\n<li>Shoe&nbsp;Sensor<\/li>\n\n\n\n<li>Others<\/li>\n<\/ul>\n\n\n\n<p><strong>&nbsp;Application<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Step Counts<\/mark><\/li>\n\n\n\n<li>Calorie Burnt<\/li>\n\n\n\n<li>Heart Rate Monitoring<\/li>\n\n\n\n<li>Sleep Tracking<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Others<\/mark><\/li>\n<\/ul>\n\n\n\n<p><strong>&nbsp;End User<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sports Centers<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Fitness\u00a0Centers<\/mark><\/li>\n\n\n\n<li>Homecare Settings<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Others<\/mark><\/li>\n<\/ul>\n\n\n\n<p><strong>Distribution Channel<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Independent Retail Store<\/li>\n\n\n\n<li>Hypermarket\/Supermarket<\/li>\n\n\n\n<li>Brand Store<\/li>\n\n\n\n<li><mark class=\"has-inline-color has-vivid-purple-color\">Online Sale Channel<\/mark><\/li>\n<\/ul>\n\n\n\n<p><sub>Data Bridge Market Research. <em>Wearable Devices in Sports Market to Experience Substantial Growth of USD 212.67 Billion and is expected to Undergo a CAGR of 13.01 By 2029<\/em>. Data Bridge, 2022<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The wearable gadget is frequently used to measure a person&#8217;s vital data indicators, including location-based, fitness- and health-related, and biofeedback that indicates emotion<\/p>\n","protected":false},"author":90,"featured_media":13482,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[292],"class_list":{"0":"post-13192","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business"},"_links":{"self":[{"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/posts\/13192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/users\/90"}],"replies":[{"embeddable":true,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/comments?post=13192"}],"version-history":[{"count":7,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/posts\/13192\/revisions"}],"predecessor-version":[{"id":13493,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/posts\/13192\/revisions\/13493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/media\/13482"}],"wp:attachment":[{"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/media?parent=13192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/categories?post=13192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/desis.osu.edu\/seniorthesis\/index.php\/wp-json\/wp\/v2\/tags?post=13192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}