Smart Water Bottle Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020
Published By:
Future Market Insights
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Report Description
This Future Market Insights report examines the ‘Smart Water Bottle’ market for the period 2014-2020. The primary objective of the report is to offer updates on the advancements in sensor technology that have given rise to a futuristic technology: the Smart Water Bottle, which is significantly transforming the idea to stay fit and hydrated. Smart Water Bottle market is also known as interactive water bottle. The primary objective of the smart water bottle is to update on the water level in the user body. The smart water bottle collects various information such as height, weight, age, temperature etc. and track the time and water intake, with the help of information collected the bottle will update the user to drink water before the body gets dehydrated. It interact with users either with the help of integrated display monitor attached with water bottles or with the smart phone connected through Bluetooth Complete Report with TOC @ http://www.mrrse.com/smart-water-bottlemarket .
Scope
The global smart water bottle market is estimated to value at US$ 2.5 million in 2014 and expected to reach 10.7 million by 2020, reflecting a CAGR of 27.5% during forecast period. The smart water bottle is segmented on the basis of technology which includes inbuilt smart water bottle, hardware smart water bottle and application smart water bottle. Inbuilt smart water bottle was valued US$ 1.0 million in 2014 with 40.1% market share. It is expected to lose out its market share by 640 BPS. Hardware smart water bottle is the largest segment in terms of revenue with 57.7% market share and likely to maintain its dominance in the forecast period with 63.6% market share reflecting an increase of590 BPS over the forecast period.Application smart water bottle is likely to exhibit highest CAGR of 32.2% during 2015-2020 with rising y-o-y growth through the forecast period.
Key Players Furthermore, advancement in sensor technology, advance product offering from supplierand rising GDP per capitaare also driving the smart water bottle market globally. Some of the market leaders in the SEA pet care market are BluFit, HydraCoach and Caktus Inc. Request a Sample Copy of the Report @ http://www.mrrse.com/sample/229 .
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