Global GPS Running Watches Market Size, Share & Trends Reports And Forecast 2022-2028.

The global GPS running watches market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The presence of major players in the market coupled with their benchmarking products is anticipated to drive the growth of the global GPS running watches market. For instance, in October 2021, Apple Inc launched Apple Watch Series 7. The apple watch series 7 offers indispensable tools for health and wellness including an electrical heart sensor and ECG app, and a blood oxygen sensor. Also, the watch 7 series allows users to stay healthy, active, and connected through new workout types. The Apple Watch 7 series contains IP6X certification for resistance to dust and maintains WR50 water-resistant rating. Further, in July 2021, Oneplus Technology Co.Ltd had launched Oneplus Cobalt Limited Edition Watch in India. The watch features a 1.39-inch HD AMOLED display. In addition, the watch consists of several health-focused features such as SpO2 monitoring, rapid heart rate alerts, stress detection, and sedentary reminders. Thus, such benchmarking products by the major players are anticipated to fuel the demand for the global GPS running watches market.

The increasing application of GPS running watches in the biking segment is anticipated to drive the growth of the market. According to the data published by the Department of Transport in 2021, the average cycling stage increased by 23.0% between 2019 (17 stages per person) and 2020 (21 stages per person). The average number of cycling trips increased by 26.0% from 16 trips per person in 2019 to 20 in 2020. The average miles cycles per person increased by 62.0% between 2019 (54 miles per person) and 2020 (88 miles per person). Moreover, men made more than double the amount of cycle trips as women (28 trips per person compared to 13 trips per person). Furthermore, in England, 47.0% of people aged 5 and above owned or had access to a bicycle in 2020, an increase compared to the 3-year average of 42.0% for 2017-2019. Bicycle ownership remained prevalent amongst people under 17 years old. According to the data published by National Travel Attitudes Survey (NTAS), the most preferred reasons for cycling were related to safety and infrastructure including off-road and segregated cycle paths (55.0%), and safer roads (53.0%) and well-maintained road surfaces for cycling (49.0%).

Competitive Landscape- 

Adidas AG, Apple Inc., and Fitbit Inc., among others

By Type

• GPS Heart Rate Watches
• GPS Step Counting Watches

By Application

• Running
• Biking
• Climbing
• Cardio Training
• Others

Scope of the Report
The research study analyzes the Global GPS Running Watches industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global GPS Running Watches Market Report
1. What was the Global GPS Running Watches Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Global GPS Running Watches Market during the forecast period (2022-2028)?
   3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
   4. Which manufacturer/vendor/players in the Global GPS Running Watches Market was the market leader in 2021?
   5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

• Proliferation and maturation of trade in the Global GPS Running Watches market.
• The market share of the Global GPS Running Watches market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Global GPS Running Watches market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global GPS Running Watches market.