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Information Technology : Technology Hardware, Storage & Peripherals | Large Cap Blend
Company profile

Apple Inc. designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions, and third-party digital content and applications. The Company's segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company's other operating segments. Its products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.

Price
Delayed
$122.10
Day's Change
-0.8383 (-0.68%)
Bid
--
Ask
--
B/A Size
--
Day's High
122.86
Day's Low
121.52
Volume
(Light)

Today's volume of 59,561,797 shares is on pace to be much lighter than AAPL's 10-day average volume of 97,829,016 shares.

59,561,797

Fitness Tracker Market to Exhibit a CAGR of 15.2% and Reach USD 91.98 Billion by 2027; High Demand for Wearables Devices to Create Sales Opportunities, states Fortune Business Insights(TM)

4:24 am ET October 28, 2020 (Globe Newswire) Print

The global fitness tracker market size is expected to reach USD 91.98 billion by 2027, exhibiting a CAGR of 15.2% during the forecast period. The rising adoption of wearable devices among the young population will significantly bolster healthy growth of the market, states Fortune Business Insights. The market size stood at USD 30.41 billion in 2019. The market size in North America stood at USD 14.57 billion in 2019 and is expected to account for the largest share during the forecast period. The growth in the region is attributed to the growing health issues such as chronic diseases among the general population. Key Prominent Players Covered in the Fitness Tracker Market Research Report Are Gramin Ltd, Apple Inc, Fitbit, Inc., Pebble Technology Corp, Samsung Electronics Co Ltd, Google Inc., Xiaomi Technology Co., Ltd., Jawbone, Nike and other key market players.

Significant Development:

June 2020 - Huami Corporation, launched the ultra-lightweight and thin body Amazfit BIP S at Rs 4,999 in India. The latest Amazfit Bip S is equipped with a sleep tracker, 64 Gamut color display, 5 ATM water resistance, and Bluetooth music control. It has built-in GPS and GLONASS dual-mode positioning and assists users to accurately track their routes and distances. The product is available on e-commerce platforms like Amazon, Myntra, Flipkart, and Amazfit's official website

March 2020 - Fitbit launched Fitbit Charge 4, its most advanced health & fitness tracker with built-in GPS, active zone minutes, Spotify, sleep tools, Fitbit pay, and more.

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/fitness-tracker-market-103358

Sedentary Lifestyle of People to Spur Market Demand

The growing health issues such as obesity, lack of sleep, diabetes, and others because of the present deskbound generation will simultaneously create lucrative opportunities for the market during the forecast period. The growing emphasis on health and fitness to prevent major health conditions is expected to bode well for the market.

The rising awareness about the importance of a healthy lifestyle will subsequently fuel the demand for fitness products, thus enabling the growth of the market. Additionally, an escalation in gym-goers and fitness enthusiasts has potentially spurred lucrative opportunities for the market.

The coronavirus incident has disturbed various industries across the globe. The governments of several countries have instigated lockdown to prevent the spread of this infectious disease. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

To get to know more about the short-term and long-term impacts of COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/fitness-tracker-market-103358

Preference for Fitness During Pandemic to Positively Sway Market

The occurrence of COVID-19 has caused disturbance to the business of fitness trackers because of the interruption triggered in manufacturing, production, shipment, and sales of these products. However, the ongoing development of technologically advanced products by OEMs will cater to the demand for fitness amid the coronavirus epidemic. For Instance, Fitbit announced the launch of an innovative tracker, Fitbit Charge 4.

The new device will assist and offer support to customers at home during this time. Moreover, Fitbit is also providing a free 90-day trial and access to premium content, thus leading to more premium subscribers. Similarly, the growing demand for fitness products during COVID-19 will improve sales of fitness trackers through online mediums, hence boosting the market.

Quick Buy - Fitness Tracker Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/103358

Surging Obese Population to Aid Expansion in Europe

The market size in North America stood at USD 14.57 billion in 2019 and is expected to account for the largest share during the forecast period. The growth in the region is attributed to the growing health issues such as chronic diseases among the general population.

Europe is expected to witness a substantial growth rate during the forecast period due to the growing obesity in the region. The market in Asia Pacific is expected to rise tremendously in the foreseeable future due to the growing adoption of tracking devices among the young population in countries such as Japan, China, and India. India accounts for 60% of the young people in Asia Pacific.

The Report Lists the Main Companies in the Fitness Tracker Market:

-- Gramin Ltd (Kansas, United States)

-- Apple Inc (California, United States)

-- Fitbit, Inc. (California, United States)

-- Pebble Technology Corp (California, United States)

-- Samsung Electronics Co Ltd (Suwon-si, South Korea)

-- Google Inc. (California, United States)

-- Xiaomi Technology Co., Ltd. (Beijing, China)

-- Jawbone (California, United States)

-- Nike (Oregon, United States)

-- Other Players

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/fitness-tracker-market-103358

Segments Covered in the Report

By Device Type

-- Smart Watches

-- Fitness Band

-- Smart Glasses

-- Smart Clothing

-- Others

By Application

-- Heart Rate Tracking

-- Sleep Measurement

-- Glucose Measurement

-- Sports

-- Running

-- Cycling Tracking

By Distribution Channel

-- Online

-- Retail

-- Others

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/fitness-tracker-market-103358

SECONDARY DATA SOURCES THAT WE REFER TO:

-- Annual reports, investor presentation, SEC filings, and press releases of companies operating in the market

-- Studies published by relevant associations MedTech Europe; American College of Radiology; Cancer Council Australia; Japan Hospital Association, etc.), government sources (Centers for Disease Control & Prevention, Ministry of Health, Labour & Welfare, Japan; National Health Service, England, etc.), international organizations (World Health Organization, The Organization for Economic Co-operation and Development, Eurostat, etc.), and articles published by Research Gate, NCBI, etc.

-- Website, reports, and press releases of end user facilities - Hospitals, Ambulatory Surgery Centres, Clinics

-- Industry journals and paid databases

SECONDARY RESEARCH IS CONDUCTED TO DERIVE THE FOLLOWING INFORMATION:

-- Details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies

-- Details in relation to prevalence, incidence, patient numbers, distribution of patients, average price of treatment, etc.

-- Number of end user facilities by region/country and average annual spending or procurement of devices by type of end user facility

-- Number of procedures and average price of procedures

-- Replacement rate and pricing of capital equipment

-- Market dynamics in relation to the market under focus - Drivers, restraints, trends, and opportunities

-- Market & technological trends, new product developments, product pipeline.

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About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Press Release: https://www.fortunebusinessinsights.com/press-release/global-fitness-tracker-market-10132

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