ICT & Electronics Global Fitness Tracker Ring Market | Page 2

“Fitness Tracker Ring Market: Global Demand Analysis
& Opportunity Outlook 2024”
The global fitness tracker ring market is segmented into distribution
channel such as online stores and offline stores. Among these segments,
rising consumer’s preference for online shopping coupled with availability
of fitness tracker ring on online distribution channels is anticipated to fuel
the growth of online segments during the forecast period. Moreover, fitness
tracker ring can work properly in every condition such as while running,
while sleeping, in areas of adventures and harsh conditions owing to its
compact and waterproof design.
Global Fitness Tracker Ring Market is expected to register a robust
CAGR over the forecast period. Moreover, the global fitness tracker ring
market is expected to reach at notable revenue by the end of 2024. The
market is expected to expand on the back of rising awareness amongst the
consumers regarding fitness and well ness. Further, rising swelled
disposable income of the consumers and increasing adoption of smart
technologies are some of the major factors which are anticipated to fuel the
demand for fitness tracker ring during the forecast period i.e. 2017-2024.
In addition to this, the fitness tracker rings are designed to fulfill both
fashion and function needs of the consumers. Fitness tracker rings are
available in different colors and sizes. Further, fitness tracker rings are
capable of tracking a number of activities such as running, sleeping, steps,
resting. Moreover, it can also measure heart rates, calories burned and
distance.
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