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Fitness Tracker Market – Global Industry Analysis, Size, Share, Market Demand, Growth, Opportunities and Forecast 2027| Research Report by Fortune Business Insights

08-28-2020 11:10 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Fitness Tracker Market

Fitness Tracker Market

The global fitness tracker market size is expected to reach USD 91.98 billion by 2027, exhibiting a CAGR of 15.2% during the forecast period. The rising adoption of wearable devices among the young population will significantly bolster healthy growth of the market, states Fortune Business Insights, in a report, titled “Fitness Tracker Market Size, Share &COVID-19 Impact Analysis, By Device Type (Smart Watches, Fitness Bands, Smart Glasses, Smart Clothing, and Others), By Application (Heart Rate Tracking, Sleep Measurement, Glucose Measurement, Sports, Running, Cycling Tracking), By Distribution Channel (Online, Retail, and Others), and Regional Forecast, 2020-2027” the market size stood at USD 30.41 billion in 2019

The report fitness tracker market comprises:

Through analysis of the industry
Key insights into the market
Latest market trends and developments
Crucial information on COVID-19
Present and future market values


Request a Sample Copy of the Research Report:

https://www.fortunebusinessinsights.com/enquiry/sample/fitness-tracker-market-103358

Market Driver:

Sedentary Lifestyle of People to Spur Market Demand
The growing health issues such as obesity, lack of sleep, diabetes, and others because of the present deskbound generation will simultaneously create lucrative opportunities for the market during the forecast period. The growing emphasis on health and fitness to prevent major health conditions is expected to bode well for the market. The rising awareness about the importance of a healthy lifestyle will subsequently fuel the demand for fitness products, thus enabling the growth of the market. Additionally, an escalation in gym-goers and fitness enthusiasts has potentially spurred lucrative opportunities for the market.

Preferencefor Fitness During Pandemic toPositivelySway Market

The occurrence of COVID-19 has caused disturbance to the business of fitness trackers because of the interruption triggered in manufacturing, production, shipment, and sales of these products. However, the ongoing development of technologically advanced products by OEMs will cater to the demand for fitness amid the coronavirus epidemic. For Instance, Fitbit announced the launch of an innovative tracker, Fitbit Charge 4. The new device will assist and offer support to customers at home during this time. Moreover, Fitbit is also providing a free 90-day trial and access to premium content, thus leading to more premium subscribers. Similarly, the growing demand for fitness products during COVID-19 will improve sales of fitness trackers through online mediums, hence boosting the market. Besides, the enormous

For more information visit : https://www.fortunebusinessinsights.com/fitness-tracker-market-103358

Significant Development:

October 2019: Fitbit signed a partnership agreement with Bristol-Myers Squibb-Pfizer alliance to address gaps in atrial fibrillation detection to accelerate diagnosis.

The Report Lists the Main Companies in the Fitness Tracker Market:

Gramin Ltd (Kansas, United States)
Apple Inc (California, United States)
Fitbit, Inc. (California, United States)
Pebble Technology Corp (California, United States)
Samsung Electronics Co Ltd (Suwon-si, South Korea)
Google Inc. (California, United States)
Xiaomi Technology Co., Ltd. (Beijing, China)
Jawbone (California, United States)
Nike (Oregon, United States)
Other Players


Segmentation:

By Device Type

Smart Watches
Fitness Band
Smart Glasses
Smart Clothing
Others
By Application

Heart Rate Tracking
Sleep Measurement
Glucose Measurement
Sports
Running
Cycling Tracking


By Distribution Channel

Online
Retail
Others
By Geography

North America
By Device Type
By Application
By Distribution Channel
By Country
Table Of Content :

Introduction
Research Scope
Market Segmentation
Research Methodology
Définitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Key Industry Trends
New Product Launch
Technological Advancements in Fitness Tracker Market
Key Industry Development (Mergers, Acquisitions, and Partnerships, etc.)
Impact of COVID-19 on the Fitness Tracker Market
Continue.

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/fitness-tracker-market-103358

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges

Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
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APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

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