fitness tracker market growth


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  • What is the global fitness tracker market size?

    The global fitness tracker market size was valued at USD 44.8 billion in 2022 and is expected to grow a compound annual growth rate (CAGR) of 17.6% over the forecast period. The increasing prevalence of chronic diseases such as obesity, diabetes and heart diseases is one of the major drivers of the fitness tracker market.

  • How will obesity affect the growth of fitness tracker market?

    The growing prevalence of obesity and other risk factors are expected to have a significant impact on the growth of the fitness tracker market as the awareness among the people is increasing with the advancement and easy availability of the tracking devices.

  • Why are fitness trackers becoming more popular in the United States?

    Higher adoption of fitness trackers by the United States due to the health disorders associated with sedentary lifestyles and higher disposable incomes has contributed to a higher regional share of the fitness trackers market. The fitness tracker market is fragmented and competitive and consists of several major players.

  • What factors hamper the growth of fitness tracking & smartwatch market?

    However, high cost of fitness tracking devices and smartwatches and concerns related to data theft are some key factors hampering revenue growth of the market over the forecast period.

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