Global Habit Trackers Market was Worth US$ 22.8 Bn in 2021, Expected to Gain CAGR of 15% over the Forecast Period (2022–2030): A Report by Absolute Markets Insights
Living a healthy lifestyle is definitely the need of the hour. And in order to do so, one has to change numerous habits and adopt newer ones. In this process, the technology has been proving a great help. There are numerous apps and devices that aid in tracking habits. The habit tracker primarily is an extremely efficient way on monitoring and measuring whether one possesses a habit or not. The most basic format of tracking any habit is simply marking the date in one’s personal calendar. In case, if one individual lifts weights on Monday, Wednesday, and Friday, each of these dates will be marked. And over the period, the calendar keeps record of everything and proves a great aid. In an attempt to make this as process ultra-easy, there are certain habit tracking apps. These apps operate simply by creating a series of visual cues and when one has a look of the calendar and observes his/ her streak, they will receive a reminder to act again. These apps and devices that aid in tracking habits are gaining massive popularity. The rising popularity can be gauged with the help of various reports that conclude, people who keep a track of their progress of their objectives like losing weight, or quitting smoking, or even lowering blood sugar levels, emerge highly successful in doing so, compared to those who are against using it or don’t. A habit tracker device works by keeping a track one’s behavior, and hence by simply by initiating act of tracking it can create a huge impact. Along with this, by tracking habits also proves a great help in being one honest. Owing to multiple factors, the global habit trackers market is rampantly growing.
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One of the biggest factor that has been driving the growth of the global habit trackers market is rising number of population that is suffering from various ailments like obesity, and hypertension. Also, the fact that growing influence of social also aids in this market’s growth. Meanwhile, growing concerns related to misuse of data and privacy breach is more likely to prove a restraining factor for the growth of the global habit trackers market. On the other hand, rising awareness among majority of people, irrespective of age and gender will be providing impetus to the growth of the global habit trackers market over the period of forecast.
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Key Takeaways — Global Habit Trackers Market:
- On the basis of the type, the global habit trackers market is segregated into eating habit tracking, exercise habit tracking, sleeping habit tracking and others. Features like exercise habit tracking and sleeping habit tracking are being used the most by people of all ages.
- On the basis of the platform, the global habit trackers market is bifurcated web-based and app-based. Owing to rising popularity of smartphones, the app-based will be minting money at the fastest rate over the period of forecast.
- The region of Asia Pacific is expected to garner most of money that too at a rapid rate for the global habit trackers market over the period of next several of years. Rising population in countries like India and China that has been suffering from various ailment, especially youngsters will be driving the growth of the market.
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Competitors: Global Habit Trackers Market:
- Habit List
- Lift Worldwide (Coach)
- stick.com LLC
- Way of Life Aps
- Other Industry Participants
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Global Habit Trackers Market:
- Eating Habit Tracking
- Exercise Habit Tracking
- Sleeping Habit Tracking
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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