Brand Story
26 May 2023, 06:59 GMT+10
The market for wireless health and fitness devices is currently valued at US$ 370 million, and it is expected to grow to US$ 580 million by the end of 2026. The demand for wireless health and fitness devices is expected to grow at a high-value CAGR of 12% between 2022 and 2026. Sports and fitness equipment sales are expected to grow at a CAGR of 11% over the next four years. Global demand for wireless activity tracker devices is increasing as professional athletes become more aware of the importance of regular fitness tracking. The wireless health and fitness devices market encompasses a wide range of wearable technologies and mobile applications designed to monitor and track a person's health and fitness activities.
Concerns about data privacy and security, the need for interoperability between different devices and platforms, and a lack of standardisation in data collection and analysis all pose challenges to the wireless health and fitness devices market. However, the market is expected to expand in the coming years, owing to rising demand for personalised and data-driven healthcare.
Download Free Sample Copy of this Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=7617
Key Takeaways from Wireless Health and Fitness Devices Market Study
Competitive Landscape
Key businesses are working to expand their global sales channels while supplying cutting-edge, new products with cutting-edge features and functions. Market players are focusing on research and development to create more efficient products in order to meet the growing demand. To increase their product offerings and market dominance, leading manufacturers are forming strategic alliances.
For instance,
Key players in the Wireless Health and Fitness Devices Market
Apple Inc.
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationNEW YORK: This week, ratings agency Moody's warned that it could downgrade China's credit rating, citing costs to bail out ...
NEW YORK, New York - AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet ...
WASHINGTON D.C.: To help reduce car collisions with wildlife and help animals safely cross roadways, the U.S. Transportation Department has ...
BRUSSELS, Belgium: To address power shortages at electric vehicle (EV) charging stations, last week, the European Commission announced plans to ...
BEIJING, China: Falling hog prices, mounting losses and rising debt are putting pressure on the biggest pig breeders in China, ...
NEW YORK, New York - A decline in labor costs as measured by ADP failed to boost U.S. Markets Wednesday."ADP's ...
WASHINGTON DC - In a major blow to U.S. President Joe Biden, less that a year out from the November ...
RALEIGH, North Carolina: After a decade of discussions and hesitations, North Carolina has expanded Medicaid coverage by offering government-funded health ...
(Photo credit: Brad Penner-USA TODAY Sports) Tennessee's tough early season continues Saturday, when the 17th-ranked Volunteers play yet another top ...
(Photo credit: Brad Mills-USA TODAY Sports) Tua Tagovailoa is on the verge of setting personal bests for passing yardage and ...
(Photo credit: David Butler II-USA TODAY Sports) Fifth-ranked UConn will play the first of its two remaining non-conference games when ...
(Photo credit: Lily Smith/The Register / USA TODAY NETWORK) Caitlin Clark scored 35 points, becoming the 15th Division I women's ...