Wearable-Sending Health and Fitness Sensing Devices to Spur LifeApps Growth
November 05 2013 - 8:30AM
Marketwired
Wearable-Sending Health and Fitness Sensing Devices to Spur
LifeApps Growth
BALTIMORE, MA--(Marketwired - Nov 5, 2013) - Goldman Small Cap
Research, a stock market research firm focused on the small cap and
microcap sectors, notes that a recent report released by global
technology research firm ON World illustrates that the huge demand
for health and fitness solutions has spurred widespread adoption of
mobile sensing health and fitness devices. This report
confirms that LifeApps Digital Media, Inc. (OTCQB: LFAP), a
provider of sports and fitness apps to the growing mobile media
market is set to monetize these apps with the proliferation of the
aforementioned sensing devices.
ON World predicts that with the broad expansion of Bluetooth
Smart technology that seamlessly connects mobile sensors to the
Internet, more than a quarter of a billion wearable health and
fitness sensing devices will be shipped worldwide between 2013 and
2017. Forecasts such as this are music to the ears of the
management of LifeApps Digital Media, Inc. ON World's report
entitled Mobile Sensing Sports and Fitness was produced following
interviews with 2,000 individuals. Highlights of report are
extremely relevant to LifeApps' growth, considering its key mobile
apps such as the Golf Core Grip Workout System, Yoga
workouts and a Tennis Workout system as well.
For example, by 2017, it is estimated that there will be 500
million annual sensor shipments for mobile sensing fitness and
health applications and two-thirds of these will be for activity
tracking. In addition, one of ON Worlds' surveys of 1,000 consumers
found that 40% are interested in purchasing a smart watch and
nearly half will use their smart watch primarily for health and
fitness applications. On a related note, another survey revealed
that 37% say it is "important" or "most important" to use their
smartphones for fitness/weight management.
This report dovetails nicely with an outstanding article just
published on Forbes online entitled "7 Ways Mobile Will Change
Business In 2014."
http://www.forbes.com/sites/drewhendricks/2013/10/29/7-ways-mobile-will-change-business-in-2014/?utm_campaign=techtwittersf&utm_source=twitter&utm_medium=social
Clearly, LifeApps offers the right products for one of the
fastest and most important segments of the mobile device and mobile
app markets. As new hardware and new technologies are adopted, the
Company is poised to enjoy substantial growth.
To view sponsored LifeApps articles, reports, and disclaimers,
please visit www.goldmanresearch.com. This sponsored article is the
opinion of Goldman Small Cap Research and was written based upon
publicly available information and our own due
diligence. LifeApps Digital Media, Inc. has not endorsed or
compensated GSCR for this report. Goldman Small Cap Research
is not affiliated with Goldman Sachs & Co.
About Goldman Small Cap Research: Led by former Piper Jaffray
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About LifeApps Digital Media, Inc.: LifeApps Digital
Media, Inc. (OTCQB: LFAP) is a digital media company focusing on
health, fitness, sports publications, and next-generation social
networks. The company is a leading, authorized developer, publisher
and licensee for Apple iOS -- iPhone, iPod Touch, and iPad -- and
Android tablets on Google Play and Kindle Fire and Androids via
Amazon Mobile Marketplace. Health, fitness and sports enthusiasts
can benefit from the expertise of top-tier sports physicians,
performance fitness trainers and professional athletes through
LifeApps® multi-sport and fitness publications and mobile apps.
These subject matter experts create the skills, drills and workouts
that are featured in the family of LifeApps® Digital Media products
and publications.
For more information, please visit
http://www.lifeappsmedia.com.
Goldman Small Cap Research Rob Goldman Analyst 410-609-7100
rob@goldmanresearch.com
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