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Fitness Tracker Market size to grow by USD 44,314.14 million from 2022 to 2027, The growing markets in emerging countries to drive market growth – Technavio
NEW YORK, May 19, 2023 /PRNewswire/ — The fitness tracker market size is estimated to increase by USD 44,314.14 million from 2022 to 2027. The market will progress with a CAGR of 16.14%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Discover some insights on market size before buying the full report -Request a sample report Technavio has announced its latest market research report titled Global Fitness Tracker Market 2023-2027 Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key…
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India’s wearables market ships 25.1 million units in 1Q23, growing 80.9% YoY, says IDC
INDIA, 10 May 2023 According to the International Data Corporations (IDC) India Monthly Wearable Device Tracker, 25.1 million wearable units were shipped in India in 1Q23, recording strong growth of 80.9% YoY (YoY). other), but remained stable quarter-over-quarter (quarter-over-quarter). ) after a solid 4T22. The share of connected watches rose to 41.4% from 26.8% a year ago. The headphone category also saw strong growth of 48.5% year-over-year. Improved supplies, reduced inventory, several new launches and faster portfolio refresh are the main reasons for this healthy growth. Additionally, a long tail of several smaller India-based players (collectively holding >15% share) further intensifies competition and lowers overall ASPs to $22.7 (from $29.5…
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