MarketsandMarkets

Presents

The Body Area Network Market is projected to grow from USD 9.1
billion in 2019 to USD 15.8 billion by 2024; it is expected to record a
compound annual growth rate (CAGR) of 11.7%. Increased use of smart
devices for tracking physical fitness and its availability at low-cost are
major driving factors of the market. Utilization of advanced
technologies to reduce the growing healthcare expenditure and
adoption of IoT in healthcare applications provide an opportunity for
the market.
 MarketsandMarkets
Presents
Wearable devices to hold a major share of the Body Area Network
Market during the forecast period
Wearable devices are expected to lead the Body Area Network Market.
This is mainly because of rapid growth in adoption of smartwatches
and smart bands in sports and fitness applications across various
countries. These devices help users to keep a tab on their activities
such steps and calculate the distance covered by walking and running
every day. Based on the information gathered through sensors, these
fitness tracking devices can calculate and report accurate data on
calories that users have burned on each day and also monitors sleep
and heart rate. Hence, increasing preference for wearable devices for
fitness application drives the growth for Body Area Network Market.
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