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Showing posts with the label Connected Gym Equipment Market Share

Global Connected Gym Equipment Market – Tech Gift for Healthy World

According to Goldstein Research, global connected gym equipment market is expected to reach USD 900 million by 2024 from USD 135 million in 2016, growing at a CAGR of 26.7% over the forecast period 2016-2024. Rising number of fitness enthusiasts along with emerging technology of connecting their smartphones and tablets to the smart gym equipment to track their performance and fitness activity is the major factor fuelling the growth of global connected gym equipment market. Globally connected gym equipment market segmentation has been carried out on the basis of product and distribution channels type. Based on product type, cardiovascular gym equipment constitute major market share owing to its wide adoption in gyms as well as for use in homes. Strength training equipment are not much technologically advanced thus, it is expected to grow at moderate rates with innovation of new products. Globally connected gym equipment market is dominated by North America region and is expected to con...