Global Outdoor Sports GPS Device Market Growth 2023-2029

Global Outdoor Sports GPS Device Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Outdoor Sports GPS Device Industry Forecast” looks at past sales and reviews total world Outdoor Sports GPS Device sales in 2022, providing a comprehensive analysis by region and market sector of projected Outdoor Sports GPS Device sales for 2023 through 2029. With Outdoor Sports GPS Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outdoor Sports GPS Device industry.

This Insight Report provides a comprehensive analysis of the global Outdoor Sports GPS Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Outdoor Sports GPS Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Outdoor Sports GPS Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outdoor Sports GPS Device and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Outdoor Sports GPS Device.

The global Outdoor Sports GPS Device market size is projected to grow from US$ 37260 million in 2022 to US$ 393620 million in 2029; it is expected to grow at a CAGR of 393620 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Outdoor Sports GPS Device market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Handheld Device

Wearable Device

Segmentation by application

Golf

Running

Cycling

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Garmin

SUUNTO

Adidas

Bushnell

DeLorme

Nike

Apple

Golife

Bryton

Samsung

SONY

Magellan

Fitbit

TomTom

Polar

Global Sat

Motorola

Gerk

Tomoon

inWatch

Key Questions Addressed in this Report

What is the 10-year outlook for the global Outdoor Sports GPS Device market?

What factors are driving Outdoor Sports GPS Device market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Outdoor Sports GPS Device market opportunities vary by end market size?

How does Outdoor Sports GPS Device break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.