Global Outdoor Sports GPS Device Market Research Report 2023(Status and Outlook)

Global Outdoor Sports GPS Device Market Research Report 2023(Status and Outlook)

Report Overview

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.

Global Outdoor Sports GPS Device key players include Apple, Garmin, Samsung, SONY, Adidas, etc. Global top five players hold a share about 70%.

Europe is the largest market, with a share about 35%, followed by North America and Taiwan, having a total share about 40 percent.

In terms of product, Wearable Device is the largest segment, with a share about 70%. And in terms of application, the largest application is Running, followed by Golf, Cycling.

The Global Outdoor Sports GPS Device Market Size was estimated at USD 27480.00 million in 2022 and is projected to reach USD 269997.25 million by 2029, exhibiting a CAGR of 38.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Outdoor Sports GPS Device market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Outdoor Sports GPS Device Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Outdoor Sports GPS Device market in any manner.

Global Outdoor Sports GPS Device Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Garmin

SUUNTO

Adidas

Bushnell

DeLorme

Nike

Apple

Golife

Bryton

Samsung

SONY

Magellan

Fitbit

TomTom

Polar

Global Sat

Motorola

Gerk

Tomoon

inWatch

Market Segmentation (by Type)

Handheld Device

Wearable Device

Market Segmentation (by Application)

Railway Industry

Electricity Industry

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Outdoor Sports GPS Device Market

Overview of the regional outlook of the Outdoor Sports GPS Device Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors