Report Sees Market for Connected Fitness Services Growing Sixfold by 2019
Annual revenue from connected healthcare and fitness services will grow nearly sixfold by 2019 to an annual $2 billion globally, though deployments “will initially be constrained by inconsistent regulation" and "continued privacy concerns,” Juniper Research said Tuesday in a report.…
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“Connected fitness and health devices provide a way to collect biometric data,” Juniper said. “People want to interact with the devices at the app level. The draw is the information. Because of this, and the omnipresence of sensors, the importance of the hardware will diminish at a much faster rate than other CE market segments.”