ICT & Electronics Global Fitness Tracker Ring Market | Page 3

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Rising adoption of smart technologies
Rapid introduction of innovative and advanced technologies and increasing
consumer’s inclination towards smart technologies are major reasons
which are fostering the growth of global fitness tracker ring market. Fitness
tracker rings are allowing consumers to measure and monitor a number of
activities such as sleeping duration, heart rate monitoring, distance,
running, steps and burned calories on daily basis. Apart from this,
attractive design of fitness tracker ring is a key factor which is leading
consumers towards fitness tracker rings.
Increasing sales of fitness trackers
The global fitness tracker ring market is primarily driven by a number of
factors such as increasing number diabetic patients, rising awareness
amongst the consumers regarding fitness and wellness across the globe.
Further, rapid urbanization and swelled disposable income of the
consumers are also anticipated to be the dynamic factors behind the growth
of fitness tracker ring market during the forecast period. However, high
cost of fitness tracker rings and lack of compatibility with smart phones
except iPhone mobile OS are some of the factors that are likely to hinder
the growth of the Fitness Tracker Ring Market in the near future.
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