openPR Logo
Press release

Global Fitness Tracker Market | Expected to Reach USD 91.98 billion (at CAGR of 15.2%) | COVID-19 Impact Covered | Forecast Period 2021-2027

08-25-2021 11:42 AM CET | Health & Medicine

Press release from: Fortune Business Insights

Fitness Tracker Market

Fitness Tracker Market

The global ”Fitness Tracker Market” 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.

Major Fitness Tracker Market Key players covered in the report include:
• Gramin Ltd (Kansas, United States)
• Apple Inc (California, United States)
• Fitbit, Inc. (California, United States)
• Pebble Technology Corp (California, United States)
• (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

Get Sample Report Of Fitness Tracker Market Report at:
https://www.fortunebusinessinsights.com/enquiry/sample/fitness-tracker-market-103358

Our research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

It offers figurative estimations for upcoming years on the basis of the recent developments and historic data. For gathering information and estimating revenue for all segments, researchers have used top-down and bottom-up approaches. On the basis of data collected from primary and secondary research and trusted data sources the report will help both existing and new aspirants for market to figure out and study the market’s needs, market size, and competition.

Fitness Tracker Market Analysis 2021:
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.

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

Regional Analysis:
Surging Obese Population to Aid Expansion in Europe
The market size in North America stood at USD 14.57 billion in 2019 and is expected to account for the largest share during the forecast period. The growth in the region is attributed to the growing health issues such as chronic diseases among the general population. Europe is expected to witness a substantial growth rate during the forecast period due to the growing obesity in the region. The market in Asia Pacific is expected to rise tremendously in the foreseeable future due to the growing adoption of tracking devices among the young population in countries such as Japan, China, and India. India accounts for 60% of the young people in Asia Pacific.

Preference for Fitness During Pandemic to Positively Sway 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
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.

Have Any Query? Ask Our Experts:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/fitness-tracker-market-103358

Table of Content:
• Introduction
o Research Scope
o Market Segmentation
o Research Methodology
o Définitions and Assumptions
• Executive Summary
• Market Dynamics
o Market Drivers
o Market Restraints
o Market Opportunities
• Key Insights
o Key Industry Trends
o New Product Launch
o Technological Advancements in Fitness Tracker Market
o Key Industry Development (Mergers, Acquisitions, and Partnerships, etc.)
o Impact of COVID-19 on the Fitness Tracker Market
• Global Fitness Tracker Market Analysis, Insights and Forecast, 2016-2027
o Key Findings / Summary
o Market Analysis, Insights and Forecast – By Device Type
 Smart Watches
 Fitness Band
 Smart Glasses
 Smart Clothing
 Others
o Market Analysis, Insights and Forecast – By Application
 Heart Rate Tracking
 Sleep Measurement
 Glucose Measurement
 Sports
 Running
 Cycling Tracking
o Market Analysis, Insights and Forecast – By Distribution Channel
 Online
 Retail
 Others
o Market Analysis, Insights and Forecast – By Country
 North America
 Europe
 Asia Pacific
 Latin America
 Middle East & Africa

Toc Continue…

About Us:
Fortune Business Insights™ 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™, 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 Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune -411045, Maharashtra, India.
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Fitness Tracker Market | Expected to Reach USD 91.98 billion (at CAGR of 15.2%) | COVID-19 Impact Covered | Forecast Period 2021-2027 here

News-ID: 2366825 • Views: 118

More Releases from Fortune Business Insights

Mobility Scooter Market 2021 by Manufacturers, Regions, Type and Application, Fo …
The global mobility scooters market size is expected to gain momentum by reaching USD 1.85 billion while exhibiting a CAGR of 6.9% between 2020 and 2027. This is attributable to the growing focus on developing innovative mobility scooters and the increasing prevalence of neurological disorders across the globe. This information is published by Fortune Business Insights, in its latest report, titled, “Mobility Scooters Market Size, Share & Industry Analysis, By
Surgical Stapling Devices Market Trending Technologies, Development Plans and Fu …
The rising prevalence of chronic diseases is expected to contribute positively to the surgical stapling devices market, says Fortune Business Insights in a report, titled “Surgical Stapling Devices Market Size, Share & Industry Analysis, By Product Type (Powered, Manual), By Type (Disposable, Re-usable), By Application (Gynecology Surgery, Urology Surgery, General Surgery, Others), By Surgery Type (Open Surgery, Laparoscopic Surgery), By End-user (Hospitals, Speciality Clinics, Others) and Regional Forecast, 2019-2026.” The
DNA Sequencing Market | Dynamics, Market Size, Analysis, Development, Revenue, F …
The Global DNA Sequencing Market size is expected to gain momentum backed by the increasing incidence of suicides and the growing number of psychiatrists that is likely to boost the adoption of advanced DNA Sequencing modules worldwide. This information is published by Fortune Business Insights in its upcoming report, titled, ““DNA Sequencing Market Size, Share & Industry Analysis, By Type (Instruments, Reagents & Consumables, Workflow Products, Services), By Technology (Next
Radiofrequency Ablation Systems Market 2021 Global Industry Size Forecast 2027
The increasing prevalence of cancer and rising demand for treating such chronic diseases are propelling the Global Radiofrequency Ablation Systems Market, finds Fortune Business Insights in their recent study. The study is titled, “Radiofrequency Ablation Systems Market: Global Market Analysis, Insights, and Forecasts, 2020 – 2027.” The market, as per study, will exhibit growth at a promising CAGR on account of rising prevalence of both cardiovascular and chronic diseases around the

All 5 Releases


More Releases for Fitness

GOODVICE - Your Fitness App
GOODVICE is a fitness tech company that empowers customers to enjoy fitness on the go at the gym and fitness centres of their choice without committing to long-term memberships. GOODVICE caters to the growing breed of gym-floaters by offering a solution to activate, reactivate and sustain customers on their fitness journey. One can simply explore any gym workout, yoga, Zumba, Pilates, spinning, swimming, and much more in your city. To
0 Excuses Fitness
Do you know what the biggest problem plaguing people is these days? It's not so much fitness related as it is related to life - and that problem is - in a nutshell - "MAKING EXCUSES GALORE". Oh, I have no time to train. Oh, the neighborhood gyms are too expensive. Oh, those stretches are too difficult. Oh, and ... ah, why not just do it tomorrow? And so forth.
Kids & Fitness
We live in a time when there are too many things kids can do to entertain themselves while remaining inactive: television and movies, smart phones, video games and social media and of course what my kid loves to do…sleep! So how can you get your kids to jump off the couch, put down whatever electronic device they’re holding, and join you for a bit of good old fashioned exercise? The Right Approach Encourage
Summer Home Fitness Tips
Summer sun means it’s time to shed those extra pounds, tone up, and get ourselves down to swimsuit weight so we can enjoy those long lounging weekends at the beach or pool. Dropping a few pounds isn’t as hard as you might think. You don’t need to starve yourself or go on a fad diet, and you don’t even need a gym membership – you can lose weight at home in
3Dimensional Fitness Continues Growth
3Dimensional Fitness enhances its Personal Training, Health, and Nutrition programs with the addition of new, skilled team members Norwalk, CT (June 16, 2011) – 3Dimensional Fitness could not be more excited in introducing their newest team members, world class boxer Travis Simms Jr., and leading internist Dr. Henry Sobo. With a passion to strive for excellence at all times, these professionals are considered to be the best in their respective fields.
Post Pregnancy Fitness
Pregnancy is a life changing experience. In addition to having a new baby, most moms find themselves with a new body – and one that many are anxious to shape up as soon as possible. The old adage of “nine months on, nine months off” is not a standard that applies to all women. Some moms will shed their postpartum weight within the first few weeks; others will still be carrying