Fitness Tracker Market 2024 Analysis, Share, Trends, and
Overview 2024-2031

The global
fitness tracker market is anticipated to grow at a CAGR of 15.2%
during the forecast period. The key factor that is augmenting the market growth
includes technological advancements in the field of smart fitness trackers,
which are used in various applications such as heart rate monitoring, sleep
measurement, glucose measurement, and cycling tracking, among others. These new
technological products nowadays include smart watches, glasses, and clothing
that can track various every second activity of a person's body and assist them
in maintaining good health. The new technologies are been integrated with a
fitness tracker that is driving fitness tracker market growth. 

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Recent Developments

·       
In June 2022, Garmin launched the Vivosmart 5
fitness tracker, in India. This new tracker comes with multiple sensors, such
as a pulse oxygen saturation sensor, Garmin Elevate heart rate sensor, and with
new feature Hydration Tracking feature, which also provides tips to lower their
fitness age.

·       
In January 2022, Titan Eye+, in collaboration
with RayBan launched its first smart glasses called the Titan EyeX. Several
technologies used in new products are audio support, fitness tracking, and
other features. It also comes with Bluetooth connectivity one can easily pair
it with a smartphone.

·       
In August 2021, Fitbit expanded its product
portfolio with the launch of Fitbit Luxe and Fitbit Luxe Special, smart
trackers with advanced sensor technology. It comes with a wide range of health
and wellness features and it is applied to an innovative design process called
metal injection.

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Market Coverage

•             Segment
Covered- 

o             By
Product Type

o             By
Application

o             By
Distribution Channel

•             Regions
Covered-

o             North
America

o             Europe

o             Asia-Pacific

o             Rest of
the World

•             Competitive
Landscape- Apple Inc., Fossil Group, Inc., Huawei Technologies Co., Ltd.,
Fitbit, Inc., Samsung Electronics Co., Ltd., and Garmin Ltd. 

Key questions addressed by the report

•             What is
the market growth rate?

•             Which
segment and region dominate the market in the base year?

•             Which
segment and region will project the fastest growth in the market?

•             How has
COVID-19 impacted the market?

o             Deviation
from the pre-COVID-19 forecast

o             Most
affected region and segment

•             Who is
the leader in the market?

•             How
players are addressing challenges to sustain growth?

•             Where is
the investment opportunity?

Global Fitness Tracker Market Report by Segment

By Product Type

• Fitness
  Band


• Smart
  Watches


• Others
  (Smart Clothing and Smart Glasses)

By Application

• Heart
  Rate Monitoring


• Sleep
  Measurement


• Glucose
  Measurement


• Cycling
  Tracking


• Sports
  activities


• Women’s
  Health


• Running

By Distribution Channel

• Offline


• Online

Global Fitness Tracker Market Report by Region

North America

•             US

•             Canada

Europe

•             UK

•             Germany

•             Italy

•             Spain

•             France

•             Rest of
Europe 

Asia-Pacific

•             China

•             India

•             Japan

•             South
Korea

•             Rest of
Asia-Pacific 

Rest of the World

•             Latin
America 

•             Middle
East & Africa

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