Fitness Tracker Market
Fitness Tracker Market Global Industry Assessment & Forecast
Segments Covered
- By Type Smart Watches, Fitness Bands, Smart Clothing, Others
- By Application Heart Rate Tracking, Sleep Monitoring, Glucose Monitoring, Sports, Running, Cycling Tracking, Others
- By Distribution Channel Online, Offline
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 34.6 Billion |
Revenue 2028: | 139.94 Billion |
Revenue CAGR (2021 - 2028): | 19 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
FAQ
Frequently Asked Question
What is the global demand for Fitness Tracker in terms of revenue?
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The global Fitness Tracker valued at 34.6 Billion in 2020 and is expected to reach 139.94 Billion in 2028 growing at a CAGR of 19%.
Which are the prominent players in the market?
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The prominent players in the market are Garmin, Suunto, Adidas AG, Under Armour, Casio, XiaoMi, Polar, Apple, Sony Corporation, Moov Inc., Nike, Lumo, Bodytech Inc., Samsung, Misfit, Fitbit Inc., Epson, Jawbone, Fitbit..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 19% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
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The driving factors of the Fitness Tracker include
- The rising health & fitness awareness as well as the growing penetration of the internet & smartphones is expected to fuel the growth of the market during the forecast period.
- The increased consumer disposable income levels is expected to propel the growth of the market in the years to come.
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Fitness Tracker in 2020.