Availability of Compact Technologies and Growing Fitness Tends Prove Fruitful to Global Smart Sports Fitness Tracker Market
The global smart sports fitness tracker market is projected to expand at an impressive rate through the forecast period (2017 to 2022), according to a new market study by XploreMR. The growth of the market is majorly driven by soaring demand in the fitness industry. Smart sports fitness tracker can be an application or device that tracks fitness-related activities such as heartbeat, quality of sleep, consumption of calories, distance and number of footsteps walked.
Over the years, consumers have become highly inclined towards fitness, and this is positively influencing the growth of the market. Moreover, emergence of integrated technologie such as optical heart rate monitors and bio-impedance sun sensors are also likely to proel the demand for smart fitness trackers in the forthcoming years. The adoption of smarket sports fitness trackers has burgeoned among debetic patients owing to increasing need to continually monitor heartbeat, respiratory rate, and calories burned or consumed.
Furthermore, the sales of smart sports fitness trackers are majorly concentrated in the sports industry and healthcare sector in the recent past on the back of increased health consciousness among people globally. Owing to the aforementioned factors, the global smart sports fitness tracker market will progress on a positive growth trajectory through the assessment period to surge past a valuation of US$ 2.7 Bn by the end of 2022.
Increasing demand for tracking heart rate and calorie consumption is expected to rev up demand for the smart sports fitness trackers in the healthcare sector. Sales of smart sports fitness trackers through online retailers is expected to boost growth of the global market. However, availability of wearable devices with enhanced features is predicted to hinder growth of the global smart sports fitness tracker market during the predicted period. The report, compiled by XploreMR, provides in-depth analysis of the global smart sports fitness tracker market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of XploreMR’s report is to analyze the global smart sports fitness tracker market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports fitness tracker manufacturers, stakeholders, and suppliers in the global sporting goods & accessories industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.
Smart Sports Fitness Tracker Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022Buy Now
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