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The Global GPS Bike Computers Market is expected to grow by $ 174.53 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period

·2-min read

Global GPS bike computers market 2020-2024 The analyst has been monitoring the GPS bike computers market and it is poised to grow by $ 174. 53 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period.

New York, Oct. 12, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global GPS Bike Computers Market 2020-2024" -
Our reports on GPS bike computers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of smart cycling products, increasing adoption of bicycles to maintain fitness, and government and corporate initiatives to promote bicycles. In addition, growing adoption of smart cycling products is anticipated to boost the growth of the market as well.
The GPS bike computers market analysis includes product segment, application segment and geographical landscapes

The GPS bike computers market is segmented as below:
By Product
• Non-mapping
• Mapping

By Application
• Fitness and commuting
• Athletics and sports

By Geographical Landscapes
• North America
• Europe
• South America

This study identifies the introduction of GPS bike computers with analog display and digital data collection as one of the prime reasons driving the GPS bike computers market growth during the next few years. Also, provision of virtual training partner and growing participation of women in cycling will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our GPS bike computers market covers the following areas:
• GPS bike computers market sizing
• GPS bike computers market forecast
• GPS bike computers market industry analysis

Read the full report:

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