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DUBLIN--(BUSINESS WIRE)--Oct 5, 2022--
The "Fitness Tracker Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
The global fitness tracker market is expected to grow from $31.80 billion in 2021 to $38.34 billion in 2022 at a compound annual growth rate (CAGR) of 20.5%. The fitness tracker market is expected to grow to $78.35 billion in 2026 at a CAGR of 19.6%.
North America was the largest region in the fitness tracker market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fitness tracker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The increasing incidence of health disorders is expected to propel the growth of the fitness tracker market going forward. A health disorder refers to a condition that has known physical causes and visible psychopathology. With a fitness tracker, there will be physical activity every day, which helps in preventing various health disorders. For instance, in 2020, according to the World Health Organization, a US-based government agency, chronic disease prevalence is expected to rise by 57%. Therefore, the increasing incidence of health disorders is driving the growth of the fitness tracker market.
Technological advancement is a key trend gaining popularity in the fitness tracker market. Major companies operating in the fitness tracker market are engaging in technological advancements to sustain their position in the market. For instance, in April 2021, Fitbit, a US-based consumer electronics and fitness company that is operating in the fitness tracker market, launched Fitbit Luxe, a fashion-forward health and wellness tracker with the fundamentals like heart and sleep tracking, breathing rate, stress management, and other such features. It added a touch of luxury with a stainless steel case and colour AMOLED display technology. It has a blood oxygen sensor and keeps track of stress with a daily stress score, sleep, heart rate, steps, active zone minutes, and 50-meter water resistance.
Scope
Markets Covered:
1) By Device Type: Smart Watches; Fitness Band; Smart Glasses; Smart Clothing; Other Device Types
2) By Application: Heart Rate Tracking; Sleep Measurement; Glucose Measurement; Sports; Running; Cycling Tracking
3) By Distribution Channel: Online; Retail; Other Distribution Channel
Key Topics Covered:
1. Executive Summary
2. Fitness Tracker Market Characteristics
3. Fitness Tracker Market Trends And Strategies
4. Impact Of COVID-19 On Fitness Tracker
5. Fitness Tracker Market Size And Growth
6. Fitness Tracker Market Segmentation
7. Fitness Tracker Market Regional And Country Analysis
8. Asia-Pacific Fitness Tracker Market
9. China Fitness Tracker Market
10. India Fitness Tracker Market
11. Japan Fitness Tracker Market
12. Australia Fitness Tracker Market
13. Indonesia Fitness Tracker Market
14. South Korea Fitness Tracker Market
15. Western Europe Fitness Tracker Market
16. UK Fitness Tracker Market
17. Germany Fitness Tracker Market
18. France Fitness Tracker Market
19. Eastern Europe Fitness Tracker Market
20. Russia Fitness Tracker Market
21. North America Fitness Tracker Market
22. USA Fitness Tracker Market
23. South America Fitness Tracker Market
24. Brazil Fitness Tracker Market
25. Middle East Fitness Tracker Market
26. Africa Fitness Tracker Market
27. Fitness Tracker Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fitness Tracker Market
29. Fitness Tracker Market Future Outlook and Potential Analysis
30. Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/8bfuz5
View source version on businesswire.com:https://www.businesswire.com/news/home/20221005005420/en/
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 10/05/2022 05:15 AM/DISC: 10/05/2022 05:17 AM
http://www.businesswire.com/news/home/20221005005420/en