Fitness Trackers Industry By Display Type(Monochrome display, Colored display), By Device Type (Fitness band, Smartwatches, Others), and By Sales Channel (Online, Offline)- Global Size Analysis and Market Forecast 2019-2025
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Product Code:
RP-ID-10078296 -
Published Date:
21 Oct 2022 -
Region:
Global
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Pages:
110 -
Category:
Healthcare & Pharmaceuticals -
Publisher:
Pub-ID-27
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Global Fitness Trackers Industry was valued at USD 21.20 Billion in the year 2017. Global Fitness Trackers Industry is further estimated to grow at a CAGR of 19.2% from 2019 to reach USD86.52 Billion by the year 2025.
Major market players in the Fitness Trackers Industry are Apple Inc., Adidas AG, Garmin Ltd., Fitbit Inc., Jawbone, Abc, Nike Inc., Lumo Bodytech Inc., Xiaomi Inc., Samsung Electronics Co. Ltd., and brief overview of 10 more companies is also provided in the report. Rising research and development expenses to satisfy the changing demands of end users, new product launches and organic growth strategies were few techniques adopted by various manufacturers in last 5 years.
In the Global Fitness Tracker Industry by region, Asia Pacific region holds the highest Industry share in 2017 and is considered as the fastest growing Industry in the forecasted period due to strongly growing awareness and rising youth population. At a country level, Japan and China are projected to grow strongly in the coming years.
SWOT Analysis of Fitness Trackers Industry:
Strength:
Growing trend in the youth population
Increasing disposable income.
Weakness:
Risk related to data security
High initial & production cost
Opportunities:
Technological development
Increase in fitness enthusiasts
Threats:
Unaddressed Regulatory Issues
The segmentation is done on the basis of Device Type, by Display Type, by Sales Channel, and by region. On the basis of device type, the global Fitness Trackers Industry is sub-segmented as Fitness band, Smartwatches, and Others of which the Smartwatches segment is expected to hold the highest CAGR during the forecast period.
Fitness Trackers Industry Segmentation:
By Display Type
• Monochrome display
• Colored display
By Sales Channel
• Online
• Offline
By Device Type
• Fitness band
• Smartwatches
• Others
By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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