Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Global Fitness Tracker Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The fitness tracker market is forecast to grow by USD 44,314.14 million during 2022-2027, accelerating at a CAGR of 16.14% during the forecast period. This report on the fitness tracker market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing markets in emerging countries, growing adoption of wearable devices, and increasing awareness about the benefits of a healthy lifestyle.
The analyst's fitness tracker market is segmented as below:
By Application
- Running
- Cycling
- Heart rate tracking
- Stress management
- Others
By Distribution Channel
- Online
- Offline
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the new product launches as one of the prime reasons driving the fitness tracker market growth during the next few years. Also, increasing the number of M and A and collaborations and increasing use of wearable devices in sports analytics will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
This report on the fitness tracker market covers the following areas:
- Fitness tracker market sizing
- Fitness tracker market forecast
- Fitness tracker market industry analysis
The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fitness tracker market vendors that include Alphabet Inc., Apple Inc., DO Technology Co. Ltd., Garmin Ltd., Hexoskin, Huawei Technologies Co. Ltd., Lenovo Group Ltd., Mensa Brand Technologies Pte Ltd., Moov Inc., Nike Inc., NURVV Ltd., Oura Health Oy, Samsung Electronics Co. Ltd., Sensoria Inc., Shenzhen Beienda Technology Co. Ltd., Sony Group Corp., Withings France SA, Xiaomi Communications Co. Ltd., Zepp Health Corp., and Fossil Group Inc. Also, the fitness tracker market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
A selection of companies mentioned in this report includes
- Alphabet Inc.
- Apple Inc.
- DO Technology Co. Ltd.
- Garmin Ltd.
- Hexoskin
- Huawei Technologies Co. Ltd.
- Lenovo Group Ltd.
- Mensa Brand Technologies Pte Ltd.
- Moov Inc.
- Nike Inc.
- NURVV Ltd.
- Oura Health Oy
- Samsung Electronics Co. Ltd.
- Sensoria Inc.
- Shenzhen Beienda Technology Co. Ltd.
- Sony Group Corp.
- Withings France SA
- Xiaomi Communications Co. Ltd.
- Zepp Health Corp.
- Fossil Group Inc.
For more information about this report visit https://www.researchandmarkets.com/r/2726yb
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