25-September-2018: According to Grand View Research, Inc., the worldwide smart water bottle market is expected to attain USD 48.7 million by 2025. Smart water bottle includes wireless communication capability for connecting with smartphones or wearable devices for them to set customized hydration goals. The bottles are manufactured using different types of materials include metals, polymers, and other.
On December 5, 2017, Astral Tequila ('Astral’) declared the news about its launch of smart bottles for its tequila in the United States. The nearfield communication technology is used in the bottle to provide exclusive content to smartphone users. This product is introduced to engage more customers in store and to offer them personalized digital experience through smartphone.
In 2017, Datum has collaborated with Groking Lab as the promotion partner of Datum empowered ecosystem. Groking Lab is introducing a limited version of Ozmo Active smart bottle. From December 2017 onwards, the beta version of Datum app will be available for the users. The app can be useful for making connection to Datum network and for sharing water, coffee or tea consumption. Its inner body is made up of Bisphenol A (BPA)-free material called Tritan.
On May 30, 2017, Bellabeat introduced a smart water bottle called Spring. The product is based on artificial intelligence and designed for women to help them with meaningful information regarding their health and to provide guidance to follow healthy habits. The AI based product syncs wirelessly with an app and collects information of the user’s lifestyle, which includes total sleeping hours and stress sensitivity. Thus, by providing notification, it can tell the amount of water should be consume by the user to avoid dehydration.
Factors such as increasing awareness among users regarding maintaining the hydration level in the body, growing disposable income and standard of living, and technological development and well execution of technologies such as artificial intelligence (AI) and internet of things (IoT) can drive the smart water bottle market over the forecast period (2014 to 2025).
North America has been dominating the market due to existence of established companies in the region.
Leading players operating in the market include Hidrate Inc.; Trago, Inc.; Out of Galaxy, Inc.; HydraCoach, Inc.; and Caktus, Inc.
In-Depth Research Report On Smart Water Bottle Market:
https://www.grandviewresearch.com/industry-analysis/smart-water-bottle-market
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