Global Wearable Tracking Devices Market Size, Share, Forecast Report, 2020-2027

The global wearable tracking devices market is expected to grow during the forecast period. The wearable tracking devices allow the users to monitor their health and physical activity. These devices can be worn on body 24*7, and the device continuously records your vitals accurately like heart rate, quality of sleep, step count and others. The growing trend of wearable fitness tracking device among the young generation is the key factor for the market to grow. Furthermore, the increasing prevalence of cardiovascular diseases, rising obesity rates, the rise of fitness consciousness among the old population, increasing demand for sophisticated technology devices, and modernization of lifestyle fuel the market growth.

However, factors such as high costs of wearable tracking devices, security issues, and different devices give different results are some of the factors expected to hinder the market growth during the forecast period.

Segmentation

The global wearable tracking devices market is segmented on the basis of types, application, sales channel, and end-user. The global wearable tracking devices market, by type, is segmented into Wristwear, Footwear and other. The wristwear segment includes Fitness Bands and Smartwatch. The Application segment is segmented into Healthcare, Consumer electronics, and others. Sales Channel segment consists of online and offline. On the basis of end-user, the market is categorized into Sportsperson, Patients, and Others. On the basis of region, the Global wearable tracking devices Market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.
Key players

Some of the key players for the Global wearable tracking devices Market are Adidas (Germany), Gramin Ltd (Switzerland), Apple Inc (US), Pebble Technology Corp (US), Samsung Electronics Co Ltd (South Korea), Sony (Japan), Fitbit, Inc. (US), Google Inc. (US), Xiaomi Technology Co., Ltd. (China), Jawbone (US), Nike (US).

Global Wearable tracking devices Market, by Types

• Wristwear
  • Fitness Bands
  • Smartwatch
• Footwear
• Others

Global Wearable tracking devices Market, by Application 

• Healthcare
• Consumer electronics
• Others

Global Wearable tracking devices Market, by Sales Channel

• Online
• Offline

Global Wearable tracking devices Market, by End-User

• Sportsperson
• Patients
• Others

Global wearable tracking devices Market, by Key Players

• Adidas (Germany),
• Gramin Ltd (Switzerland),  
• Apple Inc (US),
• Pebble Technology Corp (US),
• Samsung Electronics Co Ltd (South Korea),
• Sony (Japan),
• Fitbit, Inc. (US),
• Google Inc. (US),
• Xiaomi Technology Co., Ltd. (China),
• Jawbone (US),
• Nike(US)