Global Mobile Sensing Fitness Market 2024 - Research Report

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Global Mobile Sensing Fitness Market Forecasts to
2024 and Analysis Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
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Regional Analysis of Mobile Sensing Fitness
Market

• North America is expected to dominate the mobile
  sensing fitness market, owing to the high
  adoption rate of enhanced fitness technology. The
  region is witnessing growing awareness among its
  consumers owing to improved health care
  facilities and focus on prevention of diseases
  pertaining to lack of fitness.
• In Asia Pacific, the mobile sensing fitness
  market is expected to grow at fast rate, due to
  increasing awareness for health among consumers
  and rising disposable incomes. Economies in the
  region such as South Korea, India, China, and
  Japan are expected to exhibit high growth
  potential over the forecast timeframe.
• The mobile sensing fitness market manufacturers
  are increasingly setting their base in the
  region, as the government administrations are
  helping provide the manufacturers cost-effective
  labor and other incentives.

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Application Analysis of Mobile Sensing Fitness
Market

• Mobile sensing fitness components are used in
  fitness and health devices to measure parameters
  such as heartbeat rate, muscle activity, 3D
  motion sensing, and hydration or bio-impedance
  levels.
• Rapid developments in sensing technologies is
  enabling regular health monitoring and is helping
  create fitness records for its end-users. This
  helps reduce medical expenditure, encourages
  fitness, and provides enhanced results. Consumers
  are consistently monitoring their health, owing
  to increase in health consciousness.
• Other factors such as aging population, frequent
  occurrence of diseases, and increasing healthcare
  costs are also expected to drive the mobile
  sensing fitness market demand.

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Competitive Market Share of Mobile Sensing
Fitness Market

• Some of key mobile sensing fitness market
  participants include Motorola, Adidas, LG,
  Fitbit, Google, Garmin, Apple, Microsoft,
  Samsung, Polar, and Nike. The market players are
  focusing on enhancing consumer experience by
  increasing RD investments and are participating
  in new product developments to strengthen their
  position in the mobile sensing fitness market.
  For instance, in October 2016, Fitbit validated
  its usefulness by announcing the establishment of
  new research library, the Fitabase Research
  Library which consolidates every trial and
  research study into one place.

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