Published on : Aug 09, 2016
ALBANY, New York, August 09, 2016: Right from the start, till their development stage, many tech chiefs and fitness experts have lauded the fitness wearable devices. Today, fitness wearable devices fall into two types, namely smartwatches and fitness trackers. As people are now eager to own wearable devices, it is not surprising to see that the market offers a wide variety of fitness wearable devices. The growing demand for fitness wearable devices will give the global market a high level of momentum in coming few years. These are some of the crucial findings of a new report recently added to the repository of ResearchMoz.us.
Players operating in the global fitness wearable devices market are consistently taking efforts to use the latest technology to introduce new fitness wearable devices. This is expected to propel the global market throughout the forecast period, predict the analysts. Among the available fitness wearable devices, fitness trackers are being adopted by many. However, many other fitness wearable devices have become popular among health-conscious people across the globe. These fitness wearable devices help people in tracking various health markers such as their calorie intake and step patterns, and thus help measure the level of overall fitness. Advancements in wearable devices and the ready adoption of new technology have helped manufacturers introduce new products in the market.
The 67-page report, titled ‘Global Fitness Wearable Device Market: Size, Trends & Forecasts (2016-2020),’ states that the global fitness wearable devices market is set for a rapid expansion during the period between 2016 and 2020 owing to the rising outbreak of health issues and chronic diseases including diabetes and obesity. The rising number of fitness clubs and the growing awareness among people about the importance of maintaining a higher level of fitness has boosted the global market for fitness wearable devices.
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The research defines fitness wearable devices and also highlights their key features and benefits. Sports watches, chest straps, smart garments, wrist belts, and other fitness wearable devices are being increasingly used by health-conscious people across the world. The rising consumer base of fitness wearable devices is also expected to propel the global market in the years to come.
The report further highlights the many factors driving and restricting the growth of the global fitness wearable devices market. As per the findings of the report, the availability of substitute products, unaddressed regulatory issues, cost of inactivity, and technical difficulties are some of the factors expected to hamper the growth of the global fitness wearable devices market.
The research report lists key companies operating in the global market. Fitbit, Inc., Garmin Ltd., Xiaomi, Inc., and Jawbone, Inc. are some of the prominent companies operating in the global fitness wearable devices market.
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