Fitness Tracker Market Expected to Grow at CAGR 17.45% and Forecast to 2025
Brandessenceresearch.com Adds “Fitness
Tracker Market 2019 - Market Demand, Growth, Opportunities, Analysis of Top Key
Players and Forecast to 2025” To Its Research Database.
Description:
Fitness Tracker Market was valued at
USD 22034.2 Million in 2018 and is projected to reach around USD 67931.2
Million by 2025, at a CAGR of 17.45% during the forecast period.
The base year considered for
the study is 2017 and the forecast period is 2019-2024. Fitness tracker
includes high-end activity tracking features and interactive operating systems
such factor increase demand for Fitness tracker.
Scope of Global Fitness tracker Market
Reports –
Fitness tracker is a
computer application that records a person’s daily physical activity, collected
with other data relating to their fitness or health. Fitness trackers are one
standard way to keep track of the health progress. Additionally, depending on
the tracker type, people can track steps, calories, distance travelled, caloric
intake, and even heart rate and sleep. Some fitness trackers offer the features
like GPS tracking to map the distance and pace.
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Global fitness tracker market
report is segmented on the basis of device type, display type,
compatibility, sales channel, application, end-users and regional & country
level. Based upon device type, global fitness tracker market is divided into
fitness band, smart watch and others. By display type, global fitness tracker
market is classified into monochrome display, colored display and others. Based
upon compatibility, global fitness tracker market is divided into IOS, android,
windows, Tizen and others. Based upon sales channel, global fitness tracker
market is classified into online sales and retail sales. Based upon
application, the market is divided into heart rate tracking, sleep measurement
tracking, glucose measurement tracking and sports, running, cycling tracking.
By end-users, global fitness tracker market is classified into sports,
hospitals and diagnosis center and others.
The regions covered in this Fitness
tracker Market report are North America, Europe, Asia-Pacific and Rest of the
World. On the basis of country level, the market of Fitness tracker is sub
divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan,
India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC,
Africa, etc.
Key Players for Global Fitness tracker Market Reports
Some major key players for global
Fitness tracker market are Fitbit Inc., Sony Corporation, Samsung Electronics
Co. Ltd., LumoBodytech Inc., Xiaomi Inc., Fossil Group, Inc., Moov Inc.,
Sensoria Inc., TomTom International BV, and Motiv Inc., Xiaomi Inc., Jawbone,
Nike, Adidas, Misfit Inc., Shenzhen Motto Electronics Co. Ltd., Google LLP, and
Apple. Inc., Technologies Co., Ltd., DesayInfor Technology Co. Ltd, DO
Intelligent Technology Co., Ltd., NJY Science and Technology Co. Ltd., and
Beienda Technology Co.
Global Fitness tracker Market Dynamics –
Fitness tracker Market is
anticipated to show a significant growth owing to the increasing adoption of technology,
rising acceptance towards smart gadgets and benefits of fitness trackers.
In addition, user-friendly devices and growing health awareness are some
other factors drives the growth of the fitness tracker market within the
forecast period. However, high cost of the devices and constant change in
technology or product development are the factors restraining the growth of
fitness tracker market. However, increasing health awareness among people may
provide an opportunity for growth of fitness tracker market over the forecast
period. For example; as per the Fitness industry statistics the industry grew
to around 200,000 clubs globally, serving 162 million members, the
market is huge to attract more consumer some technology development and cost
reduction provide an opportunity to the market. Fitness and lifestyle is the
major segment amongst the current 423 wearable device in the market.
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Fitness Tracker Market Segmentation:
By Device Type:
- Fitness Band
- Smart watch
- Others
By Display Type:
- Monochrome Display
- Colored Display
By Compatibility:
- iOS
- Android
- Windows
- Tizen
- Others
By Age Group:
- Adult’s Fitness Tracker
- Children’s Fitness Tracker
By Sales Channel:
- Online Sales
- Retail Sales
By Application:
- Heart Rate Tracking
- Sleep Measurement Tracking
- Glucose Measurement Tracking
- Sports, Running, Cycling Tracking
By End-users:
- Sports
- Hospitals and diagnosis center
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Latin America
- Mexico
- Brazil
- The Middle East and Africa
- GCC
- Africa
- Rest of Middle East and Africa
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Full Report Overview @ https://brandessenceresearch.biz/Consumer-Goods/Fitness-Tracker-Market/Summary
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Email:alan@brandessenceresearch.com
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