The new report by Expert Market Research titled, ‘Global Fitness Tracker Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global fitness tracker market, assessing the market based on its segments like types, applications, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Request a free sample copy in PDF or view the report summary@ https://www.expertmarketresearch.com/reports/fitness-tracker-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 35.13 Billion
- Forecast CAGR (2021-2026): 18.80%
- Forecast Market Size (2026): USD 98.75 Billion
The growth of the fitness tracker industry is being aided by the increasing health-consciousness among the growing young population. The rising inclination towards a healthy and active lifestyle owing to the growing prevalence of various health-related issues is also propelling the market for fitness tracker. As innovative displays such as organic light-emitting diode (OLED) and AMOLED, among others, are increasingly integrated into fitness trackers, their demand for outdoor activities is surging, which is driving the industry growth. Moreover, the increasing demand for affordable fitness trackers with advanced features among the growing middle-class population in emerging economies is providing further impetus to the market growth.
Industry Definition and Major Segments
A fitness tracker is an electronic device that tracks and monitor fitness-related activities such as walking, sleeping, and cycling, among others. It can usually be linked to devices such as smartphones to boost fitness-related activities. A fitness tracker aids in achieving fitness goals, due to which it is increasingly used by sportsperson and fitness enthusiasts.
Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/fitness-tracker-market
Based on types, the market is divided into:
The major applications segments of fitness tracker are:
On the basis of distribution channels, the market is bifurcated into:
The major regional markets of fitness tracker are:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Latest News on Global Fitness Tracker Market@ https://www.expertmarketresearch.com/pressrelease/global-fitness-tracker-market
The market for fitness tracker is being aided by the advancements in sensor technology, which is surging the accuracy of health-related issues in fitness trackers. The increasing deployment of fitness trackers in the healthcare industry to provide meaningful insights regarding mental and physical wellbeing is expected to propel the market growth. In addition, the potential of fitness trackers to track emerging health-related issues for early diagnosis is predicted to aid the industry growth. The development of textile-based wearables with enhanced functionality is anticipated to significantly contribute to the market growth. Various research and development (RD) activities to boost the cost-effectiveness of fitness trackers are estimated to strengthen the market growth in upcoming years.
Key Market Players
The major players in the market are Ambiotex GmbH, Apple Inc., Fitbit Inc., NURVV Ltd., and Garmin Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
Read More Reports:-
Global Automated Material Handling Equipment Market: https://www.expertmarketresearch.com/reports/automated-material-handling-equipment-market
Global Automotive Gear Position Sensor Market: https://www.expertmarketresearch.com/reports/automotive-gear-position-sensor-market
Global Automotive Floor Carpet Market: https://www.expertmarketresearch.com/reports/automotive-floor-carpet-market
Global Automotive Event Data Recorder (EDR) Market: https://www.expertmarketresearch.com/reports/automotive-event-data-recorder-market
Global Automotive Dampers Market: https://www.expertmarketresearch.com/reports/automotive-dampers-market
Introducing Procurement Intelligence Services of EMR Inc.
Read more exclusive reports:
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.