Dallas, Texas (PRWEB) November 29, 2014
With increase in awareness about health and fitness among people, the global market for pedometers has grown at a steady rate. A device that counts every step a person takes with the help of hip movement is called a pedometer. Nowadays pedometers have been integrated into a number of other portable devices such as smartphones and music players. With advancement in technology, pedometers have become highly sensitive and accurate, thus limiting the problem of erroneous recording of movement. The global pedometer market is expected to grow at a compound annual growth rate of 6.35 percent during the period from 2014 to 2019. An increase in sporting activities, rise in living standards, and increase in disposable income, digital consumerism and increased awareness about leading a healthy lifestyle are some of the factors which are driving the growth in the global pedometer market.
Increased adoption of connected devices, increase in product range, and declining cost of pedometers are some of the growth drivers in the global pedometer market. The increased adoption of wearable devices is also a key factor fueling the growth of the market. However, the increased adoption of smartphones is a challenge to the growth of the pedometer market. The main companies in the pedometer market are “Nike, Fitbit, Garmin, OMRON, and Jawbone”. Other important vendors in the market are “Motion Fitness, Motorola, Casio, iHealth Lab, Adidas, 9Solutions, GeoPalz, Sony, Samsung, Active Mind Technology, Fitbug, O-Synce, I’m, Yamax, Withings, MEMI, Suunto, MetaWatch, Qardio, sWaP, Striiv, Mykronoz, Pebble, Sqord, Fly Fit, Catapult International, Rest Devices, Keryos, PUSH Design Solutions, Jaybird, Kiwi Wearables, Polar, Misfit, GOQii, OMsignal, NZN Labs, Heapsylon, Mushroom Labs, Martian Watches, Ki Life Solutions, H