Global Fitness App Market 2024-2028
The fitness app market is forecasted to grow by USD 55.86 bn during 2023-2028, accelerating at a CAGR of 17.78% during the forecast period. The report on the fitness app market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by empowering health management amid the rising incidence of chronic diseases, growing adoption of wearable devices, and rising customer interest in yoga, aerobics, and mixed martial arts (MMA).
Technavio's fitness app market is segmented as below:
By Gender
By Application
- Lifestyle monitoring
- Health monitoring
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the innovative coaching platform approach with integrated video workout features as one of the prime reasons driving the fitness app market growth during the next few years. Also, increasing number of m and a and collaborations among vendors and rising investments in fitness apps will lead to sizable demand in the market.
The report on the fitness app market covers the following areas:
- Fitness app market sizing
- Fitness app market forecast
- Fitness app market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fitness app market vendors that include Adidas AG, Alphabet Inc., Apple Inc., ASICS Corp., Azumio Inc., BetterMe Ltd., Diverse Retails Pvt. Ltd., Fiit Ltd., Fitness Connection, Fooducate Ltd., Garmin Ltd., Jefit Inc., MINDBODY Inc., Nike Inc., PEAR Sports LLC, Polar Electro Oy, Samsung Electronics Co. Ltd., Squats Fitness Pvt. Ltd., Under Armour Inc., Wahoo Fitness LLC, WellDoc Inc., and YAZIO GmbH. Also, the fitness app market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.