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Global Wearable Fitness Tracker Market (2021 to 2026) - by Device Type, Display Type, Distribution and Region - ResearchAndMarkets.com

·4-min read

DUBLIN, September 21, 2021--(BUSINESS WIRE)--The "Wearable Fitness Tracker Market Research Report by Device Type, by Display Type, by Distribution, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Wearable Fitness Tracker Market size was estimated at USD 23.17 Billion in 2020 and expected to reach USD 26.34 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 14.03% to reach USD 50.95 Billion by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Wearable Fitness Tracker Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Wearable Fitness Tracker Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Wearable Fitness Tracker Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Wearable Fitness Tracker Market?

4. What is the competitive strategic window for opportunities in the Global Wearable Fitness Tracker Market?

5. What are the technology trends and regulatory frameworks in the Global Wearable Fitness Tracker Market?

6. What is the market share of the leading vendors in the Global Wearable Fitness Tracker Market?

7. What modes and strategic moves are considered suitable for entering the Global Wearable Fitness Tracker Market?

Market Dynamics

Drivers

  • Growing prevalence of health issues inclined towards fitness activities

  • Rising need for user-friendly smart gadgets

  • Growing awareness towards health and fitness

Restraints

  • Safety and privacy concerns

Opportunities

  • Technological advancements in fitness tracking devices

  • Increasing popularity of Internet of Things ecosystem

Challenges

  • Fluctuations in the price of products

Companies Mentioned

  • Apple Inc.

  • Beienda Technology Co. Limited

  • Corning Incorporated

  • Fitbit, Inc.

  • Gallup, Inc.

  • Garmin Ltd.

  • Glide Technology Pvt Ltd.

  • Google LLC

  • Huawei Technologies Co., Ltd

  • Microchip Technology Inc.

  • Moov Inc.

  • Nike, Inc.

  • NJY Science and Technology Co. Ltd.

  • Pebble Technology Corporation

  • Samsung Electronics Co. Ltd.

  • STMicroelectronics Inc.

  • Testbirds GmbH

  • uMotif Limited

  • Wearable Technologies AG

  • Xiaomi Inc.

For more information about this report visit https://www.researchandmarkets.com/r/bsn0qi

View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005567/en/

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