DUBLIN, August 18, 2021–(BUSINESS WIRE)–The “Fitness Tracker Market Size, Share & Trends Analysis Report by Type (Smartwatches, Smart Bands), by Application (Glucose Monitoring, Sports), by Distribution Channel (Online, Offline), and Segment Forecasts, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering.
The global fitness tracker market size is expected to reach USD 138.7 billion by 2028, registering a CAGR of 18.9%
Some of the factors contributing to the market growth are the rising awareness regarding health & fitness, growing adoption of smartphones, availability of the internet, and increasing consumer disposable incomes. Moreover, the rise in cases of sedentary lifestyle-related health problems and the growing prevalence of Cardiovascular Diseases (CVDs) and obesity are likely to boost the product demand.
For instance, in 2017, about 13% of the world’s adult population was obese and around 39% was overweight. The growing…