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Rising health consciousness among consumers along with rise in disposable income, & increasing prevalence of chronic diseases are driving global fitness tracker

VANCOUVER, BC, CANADA, November 3, 2022 /EINPresswire.com/ -- The new report titled ‘Global Fitness Tracker Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Fitness Tracker market outlook over the forecast duration (2022-2030). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Fitness Tracker market. The latest research report serves as a perfect example of the precise analysis of the global Fitness Tracker market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.

The global fitness tracker market size was USD 41.60 Billion in 2021 and is expected to register a revenue CAGR of 18.4% over the forecast period, according to the latest report by Emergen Research. Rising health awareness among consumers along with rise in disposable income, and increasing prevalence of chronic diseases are some key factors expected to drive revenue growth of the market during the forecast period.

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The global Fitness Tracker market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Fitness Tracker market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

Google LLC, Apple, Inc., Fitbit, Inc (Google LLC)., Garmin Ltd., Beienda, Inc., Ambiotex GmbH, Hexoskin, Huawei Technologies, Nurvv Ltd., Oura Health Ltd., and Withings

Key regions covered in the report:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/fitness-tracker-market

This report is the latest document encompassing the massive changes that took place in the Fitness Tracker market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Fitness Tracker market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.

Device Type Outlook (Revenue, USD Billion; 2019-2030)
Smartwatches
Fitness Bands
Smart Glasses
Smart Clothing
Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
Online
Offline
Application Outlook (Revenue, USD Billion; 2019-2030)
Running
Cycling
Heart Rate Tracking
Stress Management
Others
Valuable Market Insights:

The report highlights the latest trends observed in the consumption pattern of each regional segment.
Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Fitness Tracker market.
The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:

What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Fitness Tracker in the near future?
What is the regulatory framework governing the application of Fitness Tracker in the food industry?
Which manufacturing processes are utilized for the production of Fitness Tracker?
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Thank you for reading our report. For further details or to inquire about the customization of the report, please let us know. We will offer you the report as per your requirements.

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