According to a report by Grand View Research, Inc., the worldwide smart water bottle market is expected to attain a valuation of USD 48.7 million by 2025. Smart water bottle includes wireless communication capability for connecting with smartphones or wearable devices allowing users to set customized hydration goals. These water bottles are manufactured using different types of materials such as metals, polymers, and others. Companies in the field are constantly introducing innovative products in order to attract consumers.
For instance, in 2017, Datum collaborated with Groking Lab as the launch partner of Datum empowered ecosystem. Groking Lab is introducing a limited version of Ozmo Active smart water bottles. At present, the beta version of Datum app is available for the users. The app is useful for making connection to Datum network and for water, coffee, or tea consumption. Its inner body is made up of Bisphenol A (BPA)-free material called Tritan.
For More Insight Click Here : https://www.grandviewresearch.com/industry-analysis/smart-water-bottle-market
Another industry update includes a new smart water bottle called Spring introduced by Bellabeat. The product is based on the Artificial Intelligence (AI) technology and is designed for women to help them with meaningful information regarding their health and guide them accordingly. The AI-based product syncs wirelessly with an app and collects information of the user’s lifestyle, which includes total sleeping hours, stress sensitivity, and so on. Thus, by providing notification, it can tell the amount of water to be consume by the user to avoid dehydration.
The global smart water bottle market is anticipated to expand at a substantial growth rate of 25.7 % during the forecast period (from 2018 to 2025). Factors such as increasing awareness among users regarding health and maintaining the hydration levels in the body is expected to be the major growth-driver for the market. In addition, growing disposable income levels and thus, standard of living across various developing regions may also have a positive impact on the market development in the coming years.
Furthermore, constant technological innovations and integration of advanced technologies such as AI, Machine Learning (ML), and internet of things (IoT) in the production of smart water bottles is also likely to drive the market expansion over the next few yeras. Geographically, North America led the global market in the past as a result of the presence of established smart bottle manufacturers in the region. Some of the leading manufacturers operating in the global market include Hidrate Inc.; Trago, Inc.; Out of Galaxy, Inc.; HydraCoach, Inc.; and Caktus, Inc.
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For instance, in 2017, Datum collaborated with Groking Lab as the launch partner of Datum empowered ecosystem. Groking Lab is introducing a limited version of Ozmo Active smart water bottles. At present, the beta version of Datum app is available for the users. The app is useful for making connection to Datum network and for water, coffee, or tea consumption. Its inner body is made up of Bisphenol A (BPA)-free material called Tritan.
For More Insight Click Here : https://www.grandviewresearch.com/industry-analysis/smart-water-bottle-market
Another industry update includes a new smart water bottle called Spring introduced by Bellabeat. The product is based on the Artificial Intelligence (AI) technology and is designed for women to help them with meaningful information regarding their health and guide them accordingly. The AI-based product syncs wirelessly with an app and collects information of the user’s lifestyle, which includes total sleeping hours, stress sensitivity, and so on. Thus, by providing notification, it can tell the amount of water to be consume by the user to avoid dehydration.
The global smart water bottle market is anticipated to expand at a substantial growth rate of 25.7 % during the forecast period (from 2018 to 2025). Factors such as increasing awareness among users regarding health and maintaining the hydration levels in the body is expected to be the major growth-driver for the market. In addition, growing disposable income levels and thus, standard of living across various developing regions may also have a positive impact on the market development in the coming years.
Furthermore, constant technological innovations and integration of advanced technologies such as AI, Machine Learning (ML), and internet of things (IoT) in the production of smart water bottles is also likely to drive the market expansion over the next few yeras. Geographically, North America led the global market in the past as a result of the presence of established smart bottle manufacturers in the region. Some of the leading manufacturers operating in the global market include Hidrate Inc.; Trago, Inc.; Out of Galaxy, Inc.; HydraCoach, Inc.; and Caktus, Inc.
Get Free Sample Report : https://www.grandviewresearch.com/industry-analysis/smart-water-bottle-market/request
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