Press release
Sales of Smart Sports Fitness Tracker Through Sports Stores to Reach US$ 180 Mn Revenue by 2022
Growing need to track and monitor heart beat rate and calorie consumption has revved up demand for fitness trackers among the diabetic manufacturers. As manufacturers are increasingly integrating bio-impedance sensors and galvanic skin response sensors, demand for fitness trackers is projected to increase in the fitness industry globally.For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=216
According to a recently published report by Fact.MR, the global smart sports fitness tracker market will reflect a steady CAGR over the forecast period, 2017 -2022.
Factors Fuelling Growth of the Global Market
Increasing health awareness has revved up demand for fitness tracker to track heart beat rate and physical activities in the healthcare industry. As manufacturers are integrating enhanced technology in the fitness tracker, professionals in the fitness industry are increasingly witnessing considerable demand. Manufacturers are increasingly integrating galvanic skin sensors and bio-impedance sensors in the fitness trackers, which enables in monitoring the distance walked, heartbeat rate and respiratory rate.
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Such factors are projected to boost the global market growth of smart sports fitness tracker during the projected period. Moreover, integration of technological updates including GPS, and wireless connectivity with the smartphones is projected to make end users dependent on fitness trackers. These factors are projected to fuel the global market growth of sports fitness tracker during the predicted period.
In contrast to this, increasing availability of smart-watches and smartphones with integrated with better features is projected to drop demand for fitness tracker. Inaccurate results related to the consumption of calories, and the distance covered is further projected to inhibit the global market growth of smart sports fitness tracker through 2022.
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Market Taxonomy
Product Type
• Activity Tracking
• Sleep Monitoring
• Heart Rate Monitoring
• Augmenting Nutrition Plan
• Coaching
• Others
Distribution Channel
• Hypermarket/Supermarket
• Departmental Stores
• Online Retail
• Sport Stores
• Others
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2018/02/19/1361290/0/en/6-Key-Research-Findings-from-Fact-MR-s-Report-on-Baseball-Equipment-Market-for-Forecast-Period-2017-2026.html
Market Players
Major players in the global market of smart sports fitness tracker are Bosal, Witter, Brink/ Thule Towing Systems, Westfalia Automotive, Tow-Trust Towbars, PCT Automotive, Dixon Bate Limited, Thule, A1 Towing Limited, David Murphy Towing, Montaplast GmbH, and A1 Towing Limited.
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Content Source: https://www.factmr.com/media-release/206/smart-sports-fitness-tracker-market
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