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Strategic Recommendations for The New Entrants in Wearable Fitness Trackers Market

The growth is led by increasing use of fitness tracking apps, rising demand for wireless and continuous health monitoring devices, thriving awareness about obesity, and increase in disposable income.

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Strategic Recommendations for The New Entrants in Wearable Fitness Trackers Market

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  1. Wearable Fitness Trackers Market to Reach $48.2 Billion by 2023

  2. Wearable Fitness Trackers Market Global wearable fitness trackers market size is forecasted to generate a revenue of $48.2 billion by 2023, P&S Market Research. The growth is led by increasing use of fitness tracking apps, rising demand for wireless and continuous health monitoring devices, thriving awareness about obesity, and increase in disposable income. Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/wearable-fitness-trackers-market

  3. Wearable Fitness Trackers Market APAC is expected to be the fastest growing market for wearable fitness trackers During the forecast period, the wearable fitness trackers industry is expected to witness fastest growth in Asia-Pacific (APAC), owing to the presence of local players providing low cost fitness tracker devices, rising adoption of fitness trackers due to increasing prevalence of chronic diseases, and surge in the number of internet users and e-shoppers. Many local market players such as Xiaomi Inc, Huawei Technologies Co Ltd, Intex Technologies and Guangdong Lifesense Medical Electronics Co., Ltd are continuously introducing low cost wearable fitness devices which further support the adoption of these devices in the region. Also, increasing disposable income fuels the growth of the wearable fitness trackers market in the region, as these devices have become affordable by the health-conscious consumers.

  4. Wearable Fitness Trackers Market Key players launching new products for market expansion Globally, key players in the wearable fitness trackers industry are launching products to gain a larger market share. For instance, in January 2018, Garmin Ltd. unit Garmin International, Inc. launched the Approach X10, a golf band, to its wearable lineup which is compatible with the Garmin Golf app. The Approach X10 comes preloaded with data for over 41,000 golf courses around the world. Also, in September 2017, Apple Inc. introduced a third-generation Apple Watch Series 3, with cellular connectivity. Apple Watch Series 3 allows users to stay connected, receive texts, track fitness, and make calls. The company introduced two models for Apple Watch Series 3—one with GPS and cellular, and the other with GPS, combined with the power of watchOS.

  5. Wearable Fitness Trackers Market Some of the other major players operating in the wearable fitness trackers market include Fitbit Inc., Sony Corporation, Samsung Electronics Co. Ltd., LumoBodytech Inc., Xiaomi Inc., Fossil Group, Inc., Moov Inc., Sensoria Inc., TomTom International BV, and Motiv Inc.

  6. Wearable Fitness Trackers Market Download report sample at: https://www.psmarketresearch.com/market-analysis/wearable-fitness-trackers-market/report-sample

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