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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.
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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
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.
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.
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 R&D 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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