Global Smart Band Market Research Report 2023

Report ID: 1900180 | Published Date: Sep 2024 | No. of Page: 96 | Base Year: 2023 | Rating: 4.6 | Webstory: Check our Web story
1 Smart Band Market Overview
    1.1 Product Overview and Scope of Smart Band
    1.2 Smart Band Segment by Type
        1.2.1 Global Smart Band Sales Growth Rate Comparison by Type (2022-2028)
        1.2.2 With Screen Smart Band
        1.2.3 Without Screen Smart Band
    1.3 Smart Band Segment by Sale Channel
        1.3.1 Global Smart Band Sales Comparison by Sale Channel: (2022-2028)
        1.3.2 Specialist Retailers
        1.3.3 Factory Outlets
        1.3.4 Online Stores
        1.3.5 Other
    1.4 Global Smart Band Market Size Estimates and Forecasts
        1.4.1 Global Smart Band Revenue 2017-2028
        1.4.2 Global Smart Band Sales 2017-2028
        1.4.3 Smart Band Market Size by Region: 2017 Versus 2021 Versus 2028
2 Smart Band Market Competition by Manufacturers
    2.1 Global Smart Band Sales Market Share by Manufacturers (2017-2022)
    2.2 Global Smart Band Revenue Market Share by Manufacturers (2017-2022)
    2.3 Global Smart Band Average Price by Manufacturers (2017-2022)
    2.4 Manufacturers Smart Band Manufacturing Sites, Area Served, Product Type
    2.5 Smart Band Market Competitive Situation and Trends
        2.5.1 Smart Band Market Concentration Rate
        2.5.2 The Global Top 5 and Top 10 Largest Smart Band Players Market Share by Revenue
        2.5.3 Global Smart Band Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    2.6 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Smart Band Retrospective Market Scenario by Region
    3.1 Global Smart Band Retrospective Market Scenario in Sales by Region: 2017-2022
    3.2 Global Smart Band Retrospective Market Scenario in Revenue by Region: 2017-2022
    3.3 North America Smart Band Market Facts & Figures by Country
        3.3.1 North America Smart Band Sales by Country
        3.3.2 North America Smart Band Revenue by Country
        3.3.3 U.S.
        3.3.4 Canada
    3.4 Europe Smart Band Market Facts & Figures by Country
        3.4.1 Europe Smart Band Sales by Country
        3.4.2 Europe Smart Band Revenue by Country
        3.4.3 Germany
        3.4.4 France
        3.4.5 U.K.
        3.4.6 Italy
        3.4.7 Russia
    3.5 Asia Pacific Smart Band Market Facts & Figures by Region
        3.5.1 Asia Pacific Smart Band Sales by Region
        3.5.2 Asia Pacific Smart Band Revenue by Region
        3.5.3 China
        3.5.4 Japan
        3.5.5 South Korea
        3.5.6 India
        3.5.7 Australia
        3.5.8 China Taiwan
        3.5.9 Indonesia
        3.5.10 Thailand
        3.5.11 Malaysia
    3.6 Latin America Smart Band Market Facts & Figures by Country
        3.6.1 Latin America Smart Band Sales by Country
        3.6.2 Latin America Smart Band Revenue by Country
        3.6.3 Mexico
        3.6.4 Brazil
        3.6.5 Argentina
    3.7 Middle East and Africa Smart Band Market Facts & Figures by Country
        3.7.1 Middle East and Africa Smart Band Sales by Country
        3.7.2 Middle East and Africa Smart Band Revenue by Country
        3.7.3 Turkey
        3.7.4 Saudi Arabia
        3.7.5 UAE
4 Global Smart Band Historic Market Analysis by Type
    4.1 Global Smart Band Sales Market Share by Type (2017-2022)
    4.2 Global Smart Band Revenue Market Share by Type (2017-2022)
    4.3 Global Smart Band Price by Type (2017-2022)
5 Global Smart Band Historic Market Analysis by Sale Channel
    5.1 Global Smart Band Sales Market Share by Sale Channel (2017-2022)
    5.2 Global Smart Band Revenue Market Share by Sale Channel (2017-2022)
    5.3 Global Smart Band Price by Sale Channel (2017-2022)
6 Key Companies Profiled
    6.1 Fitbit
        6.1.1 Fitbit Corporation Information
        6.1.2 Fitbit Description and Business Overview
        6.1.3 Fitbit Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.1.4 Fitbit Smart Band Product Portfolio
        6.1.5 Fitbit Recent Developments/Updates
    6.2 Garmin
        6.2.1 Garmin Corporation Information
        6.2.2 Garmin Description and Business Overview
        6.2.3 Garmin Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.2.4 Garmin Smart Band Product Portfolio
        6.2.5 Garmin Recent Developments/Updates
    6.3 Jawbone
        6.3.1 Jawbone Corporation Information
        6.3.2 Jawbone Description and Business Overview
        6.3.3 Jawbone Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.3.4 Jawbone Smart Band Product Portfolio
        6.3.5 Jawbone Recent Developments/Updates
    6.4 Samsung Electronics
        6.4.1 Samsung Electronics Corporation Information
        6.4.2 Samsung Electronics Description and Business Overview
        6.4.3 Samsung Electronics Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.4.4 Samsung Electronics Smart Band Product Portfolio
        6.4.5 Samsung Electronics Recent Developments/Updates
    6.5 Xiaomi
        6.5.1 Xiaomi Corporation Information
        6.5.2 Xiaomi Description and Business Overview
        6.5.3 Xiaomi Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.5.4 Xiaomi Smart Band Product Portfolio
        6.5.5 Xiaomi Recent Developments/Updates
    6.6 Lenovo
        6.6.1 Lenovo Corporation Information
        6.6.2 Lenovo Description and Business Overview
        6.6.3 Lenovo Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.6.4 Lenovo Smart Band Product Portfolio
        6.6.5 Lenovo Recent Developments/Updates
    6.7 Nike
        6.6.1 Nike Corporation Information
        6.6.2 Nike Description and Business Overview
        6.6.3 Nike Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.4.4 Nike Smart Band Product Portfolio
        6.7.5 Nike Recent Developments/Updates
    6.8 LG
        6.8.1 LG Corporation Information
        6.8.2 LG Description and Business Overview
        6.8.3 LG Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.8.4 LG Smart Band Product Portfolio
        6.8.5 LG Recent Developments/Updates
    6.9 Huawei
        6.9.1 Huawei Corporation Information
        6.9.2 Huawei Description and Business Overview
        6.9.3 Huawei Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.9.4 Huawei Smart Band Product Portfolio
        6.9.5 Huawei Recent Developments/Updates
    6.10 Razer
        6.10.1 Razer Corporation Information
        6.10.2 Razer Description and Business Overview
        6.10.3 Razer Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.10.4 Razer Smart Band Product Portfolio
        6.10.5 Razer Recent Developments/Updates
    6.11 Sony
        6.11.1 Sony Corporation Information
        6.11.2 Sony Smart Band Description and Business Overview
        6.11.3 Sony Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.11.4 Sony Smart Band Product Portfolio
        6.11.5 Sony Recent Developments/Updates
    6.12 Lifesense
        6.12.1 Lifesense Corporation Information
        6.12.2 Lifesense Smart Band Description and Business Overview
        6.12.3 Lifesense Smart Band Sales, Revenue and Gross Margin (2017-2022)
        6.12.4 Lifesense Smart Band Product Portfolio
        6.12.5 Lifesense Recent Developments/Updates
7 Smart Band Manufacturing Cost Analysis
    7.1 Smart Band Key Raw Materials Analysis
       7.1.1 Key Raw Materials
       7.1.2 Key Suppliers of Raw Materials
    7.2 Proportion of Manufacturing Cost Structure
    7.3 Manufacturing Process Analysis of Smart Band
    7.4 Smart Band Industrial Chain Analysis
8 Marketing Channel, Distributors and Customers
    8.1 Marketing Channel
    8.2 Smart Band Distributors List
    8.3 Smart Band Customers
9 Smart Band Market Dynamics
    9.1 Smart Band Industry Trends
    9.2 Smart Band Market Drivers
    9.3 Smart Band Market Challenges
    9.4 Smart Band Market Restraints
10 Global Market Forecast
    10.1 Smart Band Market Estimates and Projections by Type
        10.1.1 Global Forecasted Sales of Smart Band by Type (2023-2028)
        10.1.2 Global Forecasted Revenue of Smart Band by Type (2023-2028)
    10.2 Smart Band Market Estimates and Projections by Sale Channel
        10.2.1 Global Forecasted Sales of Smart Band by Sale Channel (2023-2028)
        10.2.2 Global Forecasted Revenue of Smart Band by Sale Channel (2023-2028)
    10.3 Smart Band Market Estimates and Projections by Region
        10.3.1 Global Forecasted Sales of Smart Band by Region (2023-2028)
        10.3.2 Global Forecasted Revenue of Smart Band by Region (2023-2028)
11 Research Finding and Conclusion
12 Methodology and Data Source
    12.1 Methodology/Research Approach
        12.1.1 Research Programs/Design
        12.1.2 Market Size Estimation
        12.1.3 Market Breakdown and Data Triangulation
    12.2 Data Source
        12.2.1 Secondary Sources
        12.2.2 Primary Sources
    12.3 Author List
    12.4 Disclaimer
List of Tables
    Table 1. Global Smart Band Sales Growth Rate Comparison by Type (2022-2028) & (K Units) & (US$ Million)
    Table 2. Global Smart Band Sales Growth Rate Comparison by Sale Channel (2022-2028) & (K Units) & (US$ Million)
    Table 3. Global Smart Band Market Size by Region (US$ Million) (2017 VS 2021 VS 2028)
    Table 4. Global Smart Band Market Competitive Situation by Manufacturers in 2021
    Table 5. Global Smart Band Sales (K Units) of Key Manufacturers (2017-2022)
    Table 6. Global Smart Band Sales Market Share by Manufacturers (2017-2022)
    Table 7. Global Smart Band Revenue (US$ Million) by Manufacturers (2017-2022)
    Table 8. Global Smart Band Revenue Share by Manufacturers (2017-2022)
    Table 9. Global Market Smart Band Average Price (USD/Unit) of Key Manufacturers (2017-2022)
    Table 10. Manufacturers Smart Band Manufacturing Sites and Area Served
    Table 11. Manufacturers Smart Band Product Type
    Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 13. Global Smart Band by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Smart Band as of 2021)
    Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans
    Table 15. Global Smart Band Sales by Region (2017-2022) & (K Units)
    Table 16. Global Smart Band Sales Market Share by Region (2017-2022)
    Table 17. Global Smart Band Revenue by Region (2017-2022) & (US$ Million)
    Table 18. Global Smart Band Revenue Market Share by Region (2017-2022)
    Table 19. North America Smart Band Sales by Country (2017-2022) & (K Units)
    Table 20. North America Smart Band Sales Market Share by Country (2017-2022)
    Table 21. North America Smart Band Revenue by Country (2017-2022) & (US$ Million)
    Table 22. North America Smart Band Revenue Market Share by Country (2017-2022)
    Table 23. Europe Smart Band Sales by Country (2017-2022) & (K Units)
    Table 24. Europe Smart Band Sales Market Share by Country (2017-2022)
    Table 25. Europe Smart Band Revenue by Country (2017-2022) & (US$ Million)
    Table 26. Europe Smart Band Revenue Market Share by Country (2017-2022)
    Table 27. Asia Pacific Smart Band Sales by Region (2017-2022) & (K Units)
    Table 28. Asia Pacific Smart Band Sales Market Share by Region (2017-2022)
    Table 29. Asia Pacific Smart Band Revenue by Region (2017-2022) & (US$ Million)
    Table 30. Asia Pacific Smart Band Revenue Market Share by Region (2017-2022)
    Table 31. Latin America Smart Band Sales by Country (2017-2022) & (K Units)
    Table 32. Latin America Smart Band Sales Market Share by Country (2017-2022)
    Table 33. Latin America Smart Band Revenue by Country (2017-2022) & (US$ Million)
    Table 34. Latin America Smart Band Revenue Market Share by Country (2017-2022)
    Table 35. Middle East and Africa Smart Band Sales by Country (2017-2022) & (K Units)
    Table 36. Middle East and Africa Smart Band Sales Market Share by Country (2017-2022)
    Table 37. Middle East and Africa Smart Band Revenue by Country (2017-2022) & (US$ Million)
    Table 38. Middle East and Africa Smart Band Revenue Market Share by Country (2017-2022)
    Table 39. Global Smart Band Sales by Type (2017-2022) & (K Units)
    Table 40. Global Smart Band Sales Market Share by Type (2017-2022)
    Table 41. Global Smart Band Revenue by Type (2017-2022) & (US$ Million)
    Table 42. Global Smart Band Revenue Share by Type (2017-2022)
    Table 43. Global Smart Band Price by Type (2017-2022) & (USD/Unit)
    Table 44. Global Smart Band Sales (K Units) by Sale Channel (2017-2022)
    Table 45. Global Smart Band Sales Market Share by Sale Channel (2017-2022)
    Table 46. Global Smart Band Revenue by Sale Channel (2017-2022) & (US$ Million)
    Table 47. Global Smart Band Revenue Share by Sale Channel (2017-2022)
    Table 48. Global Smart Band Price by Sale Channel (2017-2022) & (USD/Unit)
    Table 49. Fitbit Corporation Information
    Table 50. Fitbit Description and Business Overview
    Table 51. Fitbit Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 52. Fitbit Smart Band Product
    Table 53. Fitbit Recent Developments/Updates
    Table 54. Garmin Corporation Information
    Table 55. Garmin Description and Business Overview
    Table 56. Garmin Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 57. Garmin Smart Band Product
    Table 58. Garmin Recent Developments/Updates
    Table 59. Jawbone Corporation Information
    Table 60. Jawbone Description and Business Overview
    Table 61. Jawbone Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 62. Jawbone Smart Band Product
    Table 63. Jawbone Recent Developments/Updates
    Table 64. Samsung Electronics Corporation Information
    Table 65. Samsung Electronics Description and Business Overview
    Table 66. Samsung Electronics Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 67. Samsung Electronics Smart Band Product
    Table 68. Samsung Electronics Recent Developments/Updates
    Table 69. Xiaomi Corporation Information
    Table 70. Xiaomi Description and Business Overview
    Table 71. Xiaomi Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 72. Xiaomi Smart Band Product
    Table 73. Xiaomi Recent Developments/Updates
    Table 74. Lenovo Corporation Information
    Table 75. Lenovo Description and Business Overview
    Table 76. Lenovo Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 77. Lenovo Smart Band Product
    Table 78. Lenovo Recent Developments/Updates
    Table 79. Nike Corporation Information
    Table 80. Nike Description and Business Overview
    Table 81. Nike Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 82. Nike Smart Band Product
    Table 83. Nike Recent Developments/Updates
    Table 84. LG Corporation Information
    Table 85. LG Description and Business Overview
    Table 86. LG Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 87. LG Smart Band Product
    Table 88. LG Recent Developments/Updates
    Table 89. Huawei Corporation Information
    Table 90. Huawei Description and Business Overview
    Table 91. Huawei Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 92. Huawei Smart Band Product
    Table 93. Huawei Recent Developments/Updates
    Table 94. Razer Corporation Information
    Table 95. Razer Description and Business Overview
    Table 96. Razer Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 97. Razer Smart Band Product
    Table 98. Razer Recent Developments/Updates
    Table 99. Sony Corporation Information
    Table 100. Sony Description and Business Overview
    Table 101. Sony Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 102. Sony Smart Band Product
    Table 103. Sony Recent Developments/Updates
    Table 104. Lifesense Corporation Information
    Table 105. Lifesense Description and Business Overview
    Table 106. Lifesense Smart Band Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 107. Lifesense Smart Band Product
    Table 108. Lifesense Recent Developments/Updates
    Table 109. Production Base and Market Concentration Rate of Raw Material
    Table 110. Key Suppliers of Raw Materials
    Table 111. Smart Band Distributors List
    Table 112. Smart Band Customers List
    Table 113. Smart Band Market Trends
    Table 114. Smart Band Market Drivers
    Table 115. Smart Band Market Challenges
    Table 116. Smart Band Market Restraints
    Table 117. Global Smart Band Sales Forecast by Type (2023-2028) & (K Units)
    Table 118. Global Smart Band Sales Market Share Forecast by Type (2023-2028)
    Table 119. Global Smart Band Revenue Forecast by Type (2023-2028) & (US$ Million)
    Table 120. Global Smart Band Revenue Market Share Forecast by Type (2023-2028)
    Table 121. Global Smart Band Sales Forecast by Sale Channel (2023-2028) & (K Units)
    Table 122. Global Smart Band Sales Market Share Forecast by Sale Channel (2023-2028)
    Table 123. Global Smart Band Revenue Forecast by Sale Channel (2023-2028) & (US$ Million)
    Table 124. Global Smart Band Revenue Market Share Forecast by Sale Channel (2023-2028)
    Table 125. Global Smart Band Sales Forecast by Region (2023-2028) & (K Units)
    Table 126. Global Smart Band Sales Market Share Forecast by Region (2023-2028)
    Table 127. Global Smart Band Revenue Forecast by Region (2023-2028) & (US$ Million)
    Table 128. Global Smart Band Revenue Market Share Forecast by Region (2023-2028)
    Table 129. Research Programs/Design for This Report
    Table 130. Key Data Information from Secondary Sources
    Table 131. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of Smart Band
    Figure 2. Global Smart Band Market Share by Type in 2021 & 2028
    Figure 3. With Screen Smart Band Product Picture
    Figure 4. Without Screen Smart Band Product Picture
    Figure 5. Global Smart Band Market Share by Sale Channel in 2021 & 2028
    Figure 6. Specialist Retailers
    Figure 7. Factory Outlets
    Figure 8. Online Stores
    Figure 9. Other
    Figure 10. Global Smart Band Revenue, (US$ Million), 2017 VS 2021 VS 2028
    Figure 11. Global Smart Band Market Size (2017-2028) & (US$ Million)
    Figure 12. Global Smart Band Sales (2017-2028) & (K Units)
    Figure 13. Smart Band Sales Share by Manufacturers in 2021
    Figure 14. Global Smart Band Revenue Share by Manufacturers in 2021
    Figure 15. The Global 5 and 10 Largest Smart Band Players: Market Share by Revenue in 2021
    Figure 16. Smart Band Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2017 VS 2021
    Figure 17. Global Smart Band Sales Market Share by Region (2017-2022)
    Figure 18. Global Smart Band Sales Market Share by Region in 2021
    Figure 19. Global Smart Band Revenue Market Share by Region (2017-2022)
    Figure 20. Global Smart Band Revenue Market Share by Region in 2021
    Figure 21. U.S. Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 22. Canada Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 23. Germany Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 24. France Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 25. U.K. Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 26. Italy Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 27. Russia Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 28. China Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 29. Japan Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 30. South Korea Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 31. India Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 32. Australia Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 33. China Taiwan Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 34. Indonesia Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 35. Thailand Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 36. Malaysia Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 37. Mexico Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 38. Brazil Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 39. Argentina Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 40. Turkey Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 41. Saudi Arabia Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 42. UAE Smart Band Revenue Growth Rate (2017-2022) & (US$ Million)
    Figure 43. Sales Market Share of Smart Band by Type (2017-2022)
    Figure 44. Manufacturing Cost Structure of Smart Band
    Figure 45. Manufacturing Process Analysis of Smart Band
    Figure 46. Smart Band Industrial Chain Analysis
    Figure 47. Channels of Distribution
    Figure 48. Distributors Profiles
    Figure 49. Bottom-up and Top-down Approaches for This Report
    Figure 50. Data Triangulation
    Figure 51. Key Executives Interviewed
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
Fitbit
Garmin
Jawbone
Samsung Electronics
Xiaomi
Lenovo
Nike
LG
Huawei
Razer
Sony
Lifesense
Frequently Asked Questions
Smart Band report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Smart Band report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Smart Band report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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