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NEWS
Fitness predicted to continue dominance of wearables market
POSTED 27 Jan 2016 . BY Jak Phillips
Wearables are able to produce an ever-growing array of metrics and information, but the interpretation of this data is where the opportunity lies for the health club industry Credit: Syda Productions / Shutterstock.com
Fitness tracking devices are expected to remain the dominant force in the wearable tech market over the next three years, according to new research, although smartwatches are anticipated to gradually increase their market share.

A new report from technology analyst Juniper Research titled Future Health & Fitness Wearables: Business Models, Forecasts & Vendor Share 2016-2020 observed that lines between traditional fitness tracker bands and other wearables are beginning to blur, with fitness wearables offering a range of call-handling and notification functions that can also be found in smartwatches. The report adds that the existence of app-enabled fitness trackers, such as the Samsung Gear Fit and Microsoft Band, lessens the distinction even further.

The wearable tech market has boomed in recent years and shows no signs of abating, with devices like the Apple Watch pushing wearables firmly into the mainstream. Currently worth around US$5.1bn (€4.5bn £3.2bn), the market is expected to triple in value over the next decade.

Juniper analysts noted that fitness devices remain the most popular wearables currently, because they are both cheaper and have a more obvious use than current smartwatches. They said however, that this would change by 2019, when fitness wearables are expected to be used by approximately 110m people worldwide, while smartwatches will have more than 130m users.

The findings came in the same week that Mintel reported three million wrist-worn wearable devices such as fitness bands and smartwatches were estimated to have been sold in the UK in 2015. This marked a 118 per cent increase on unit sales in 2014, which reached 1.4 million.

Although smartwatches increased their market share in the UK as predicted, it was the fitness band which was the most bought wearable device last year, out-stripping sales of smartwatches by almost two to one.

“While fitness bands are, on average, less expensive than other wearables and have been on the market for relatively longer, higher adoption rates are also a reflection of the fact that wrist-worn devices offer a compelling practical benefit to active users,” said Sara Ballaben, Technology Analyst at Mintel.

“Fitness bands monitor and help to improve their performance while eliminating the need to carry around bulkier devices while training. While important product launches have and will certainly continue to accelerate consumer demand for smartwatches, the expected popularity of smartwatches in the short term is also the result of continued growth of the phablet market, which creates more compelling use cases for wrist-worn watches.”
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The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
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NEWS
Fitness predicted to continue dominance of wearables market
POSTED 27 Jan 2016 . BY Jak Phillips
Wearables are able to produce an ever-growing array of metrics and information, but the interpretation of this data is where the opportunity lies for the health club industry Credit: Syda Productions / Shutterstock.com
Fitness tracking devices are expected to remain the dominant force in the wearable tech market over the next three years, according to new research, although smartwatches are anticipated to gradually increase their market share.

A new report from technology analyst Juniper Research titled Future Health & Fitness Wearables: Business Models, Forecasts & Vendor Share 2016-2020 observed that lines between traditional fitness tracker bands and other wearables are beginning to blur, with fitness wearables offering a range of call-handling and notification functions that can also be found in smartwatches. The report adds that the existence of app-enabled fitness trackers, such as the Samsung Gear Fit and Microsoft Band, lessens the distinction even further.

The wearable tech market has boomed in recent years and shows no signs of abating, with devices like the Apple Watch pushing wearables firmly into the mainstream. Currently worth around US$5.1bn (€4.5bn £3.2bn), the market is expected to triple in value over the next decade.

Juniper analysts noted that fitness devices remain the most popular wearables currently, because they are both cheaper and have a more obvious use than current smartwatches. They said however, that this would change by 2019, when fitness wearables are expected to be used by approximately 110m people worldwide, while smartwatches will have more than 130m users.

The findings came in the same week that Mintel reported three million wrist-worn wearable devices such as fitness bands and smartwatches were estimated to have been sold in the UK in 2015. This marked a 118 per cent increase on unit sales in 2014, which reached 1.4 million.

Although smartwatches increased their market share in the UK as predicted, it was the fitness band which was the most bought wearable device last year, out-stripping sales of smartwatches by almost two to one.

“While fitness bands are, on average, less expensive than other wearables and have been on the market for relatively longer, higher adoption rates are also a reflection of the fact that wrist-worn devices offer a compelling practical benefit to active users,” said Sara Ballaben, Technology Analyst at Mintel.

“Fitness bands monitor and help to improve their performance while eliminating the need to carry around bulkier devices while training. While important product launches have and will certainly continue to accelerate consumer demand for smartwatches, the expected popularity of smartwatches in the short term is also the result of continued growth of the phablet market, which creates more compelling use cases for wrist-worn watches.”
MORE NEWS
David Rockwell creates immersive magic destination, The Hand and The Eye
A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
+ More news   
 
COMPANY PROFILES
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
Taylor Made Designs

Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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Tel: +44 (0)1462 431385

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