USD 869.4 Million Fitness Rings Market Value Cross by 2031

On the basis of compatibility, the iOS segment held the major share of the fitness rings market and is expected to dominate during the forecast period.

WILMINGTON, DE, UNITED STATES, January 31, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Fitness Rings Market by Compatibility (iOS, Android, Windows, Others), by Distribution Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2021-2031" According to the report, the global fitness rings industry was valued at $408.40 million in 2021 and is estimated to generate $869.4 million by 2031, witnessing a CAGR of 7.9% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:: https://www.alliedmarketresearch.com/request-sample/54069

Drivers, Restraints, and Opportunities

Growth in awareness about health and fitness among the population and advances in technology drive the fitness rings market. However, the high price of fitness rings hinders the global market growth. On the other hand, ability of fitness rings to integrate with smart home devices and rise in interest in sleep tracking among consumers are likely to present new growth opportunities for the global fitness rings market in the coming years.

The iOS segment to dominate the market during the forecast period

Based on compatibility, the iOS segment contributed to the largest share of more than two-fifths of the global fitness rings market in 2021 and is expected to dominate in terms of revenue in 2031. There is an increase in consumer preference for fitness trackers with iOS, owing to its unique apps and features. However, the windows segment is likely to witness the fastest CAGR of 9.5% from 2022 to 2031. Windows is the operating system developed by Microsoft for various devices such as computers, Xbox, Microsoft band, Microsoft smartphones, and other computer devices. Fitness bands with Windows operating systems are compatible with iOS, Android, and Windows operating systems. This has led to the popularity of this operating system among smartphones.

𝐋𝐈𝐌𝐈𝐓𝐄𝐃-𝐓𝐈𝐌𝐄 𝐎𝐅𝐅𝐄𝐑 (𝐓𝐢𝐥𝐥 30 𝐉𝐀𝐍 2025) - 𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/checkout-final/41220606d11fb8b0dc79adc0cce73bab

The offline segment to achieve the highest revenue during the forecast period

Based on distribution channel, the offline segment grabbed the highest share of nearly three-fourths of the overall fitness rings market in 2021 and is projected to maintain its dominance in 2031. This is due to the fact that a substantial number of consumers prefer to experience the product and receive advice before the purchase. Many fitness tracker brands are selling products via offline channels to gain traction in the market. However, the online segment is expected to witness the fastest CAGR of 9.3% from 2022 to 2031. There is a considerable increase in the number of consumers shopping online owing to the product variety and price comparison features available on online platforms. Online shopping offers benefits such as availability of options to compare various products and easy access to other reviews of the consumers.

North America to achieve the largest revenue by 2031

Based on region, the market in North America was the largest in 2021, accounting for two-fifths of the global fitness rings market and is likely to dominate in terms of revenue in 2031. The U.S. is a major innovation hub for the fitness tracker industry and is home to key players such as Fitbit, Apple, Jawbone, and others. However, the LAMEA market is likely to grow at the fastest CAGR of 10.0% during the forecast period. This is owing to the fact that product and technology awareness is rapidly spreading among consumers in the region.

𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐛𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/54069

Leading Market Players
Circular
Sleepon
Motiv, Inc
Movano Inc.
LazyCo, Inc.
Ultrahuman Healthcare Private Limited
Sky Labs
Oura Health Oy
Ringly Inc.
ArcX Technology Ltd.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐆𝐨𝐨𝐝𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
𝐑𝐞𝐮𝐬𝐚𝐛𝐥𝐞 𝐑𝐞𝐬𝐩𝐢𝐫𝐚𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/reusable-respirators-market
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David Correa
Allied Market Research
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