Albany, NY -- (SBWIRE) -- 11/26/2018 -- Global Smart Bottle Market: Snapshot

Smart bottles, the technologically advanced bottles that encompass wireless communication capabilities for connecting with computing devices such as smartphones or wearables and an artificial memory that helps provide alerts through display or sound system, are one of the most popular products in the world's technology-obsessed circles. With applications presently spanning across the drinking water, pharmaceutical, and alcoholic beverages sectors, smart bottles are increasingly gaining traction and are observing vast developments in terms of innovation and technology advances.

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Transparency Market Research estimates that the global smart bottle market, which was pegged at US$88.6 mn in 2016, will reach US$258.8 mn by 2024, registering a CAGR of 14.3% between 2016 and 2024.

Some of the leading players operating in the global smart bottle market are Hidrate Inc., Myhydrate, Kuvee, Inc., Thermos LLC, Adheretech Inc. Sippo, Trago, Inc, Spritz, Hydrasmart, and Ecomo Inc.
In order to understand and assess opportunities in this market, the report is categorically divided into three key sections on the basis of application type, distribution type and region. The report analyses the global smart bottle market in terms of value (US$ Mn) and volume (Thousand units)

By Application Type

Water bottle
Pharmaceutical Bottle
Alcoholic Beverage Bottle
Other Bottle
By Distribution Type

Online
Offline
By Region

North America
Latin America
Europe
Middles East and Africa (MEA)
Asia Pacific (APAC)

Global Smart Bottle Market: Scope of the Report

Vital feature of this report is the analysis of the global smart bottle market by region, application type and distribution type; and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from sales perspective of the global smart bottle market.