Fitness App Market Growth, Dynamics, Emerging Technologies, Manufacturing Cost Analysis And Opportunity Forecast To 2030

0
3K

Fitness App Industry Overview

The global fitness app market size was valued at USD 1.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.6% from 2022 to 2030. 

The spreading COVID-19 pandemic led to nationwide lockdowns followed by social distancing norms, thereby aiding the transition from traditional studios and gyms to virtual fitness. It, in turn, has led to increased downloads and subscriptions of fitness apps. As per a report published by the American College of Sports Medicine (ACSM), it has been stated that fitness apps were ranked at number 13 in accordance with the 2019 fitness trends.

 Gather more insights about the market drivers, restrains and growth of the Global Fitness App Market

Tough competition has been witnessed between brick-and-mortar gyms against in-app fitness. Information technology has transformed the way the fitness industry works. According to an article published by World Economic Forum in September 2020, it is stated that downloads of fitness and health apps increased globally by 46.0% due to the growing trend of online fitness training, which is driving the market globally. The growing awareness regarding fitness and mental well-being is also driving the market.

In addition, the COVID-19 pandemic has led to an increase in awareness concerning health and hygiene. As per a World Economic Forum article published in September 2020, the Daily Active Users (DAUs) of fitness apps have increased by 24.0% in quarter 2 over quarter 1 in 2020. Moreover, the expanding network of fitness studios and gyms through online platforms is further aiding the adoption of these apps. Owing to this, several consumers are significantly investing in in-home fitness equipment, thus boosting revenue growth. For instance, revenue generated by Peloton, a U.S.-based exercise equipment company, has been estimated to double in 2020.

 Browse through Grand View Research's Healthcare IT Industry Research Reports.

  • mHealth Apps Market - The global mHealth apps market size was valued at USD 38.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.8% from 2022 to 2030. Growing adoption of fitness and medical apps to collect and track individuals' health-related data and to improve the overall health of the patients’ using smartphones are the major factors anticipated to drive the market.
  • Digital Health Market - The global digital health market size was valued at USD 175.6 billion in 2021 is projected to grow at a compound annual growth rate (CAGR) of 27.7% from 2022 to 2030. Increasing smartphone penetration, improving internet connectivity, advancing healthcare IT infrastructure, growing healthcare expenditure, rising prevalence of chronic diseases, increasing demand for remote patient monitoring services, and increasing accessibility of virtual care are driving market growth.  

Fitness App Market Segmentation

Grand View Research, Inc. has segmented the global fitness app market report on the basis of type, platform, device, and region:

  • Fitness App Type Outlook (Revenue, USD Million, 2016 - 2030)
    • Exercise & Weight Loss
    • Diet & Nutrition
    • Activity Tracking
  • Fitness App Platform Outlook (Revenue, USD Million, 2016 - 2030)
    • Android
    • iOS
    • Others
  • Fitness App Device Outlook (Revenue, USD Million, 2016 - 2030)
    • Smartphones
    • Tablets
    • Wearable Devices
  • Fitness App Regional Outlook (Revenue, USD Million, 2016 - 2030)
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa (MEA)

Market Share Insights

  • September 2020: It is stated that downloads of fitness and health apps increased globally by 46.0% due to the growing trend of online fitness training, which is driving the market globally. The growing awareness regarding fitness and mental well-being is also driving the market.
  • June 2020HealthifyMe, a health and nutrition app, launched HealthifyMe Studio to provide live and interactive workouts.

Key Companies profiled:

Some prominent players in the global fitness app market include:

  • Adidas
  • Appster
  • FitnessKeeper
  • Fitbit, Inc.
  • Azumio, Inc.
  • MyFitnessPal Inc.
  • Noom
  • Nike
  • Under Armour, Inc.
  • WillowTree, Inc.
  • Polar Electro
  • Kayla Itsines
  • Google
  • Fooducate
  • ASICS America Corporation

Order a free sample PDF of the Fitness App Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Pesquisar
Patrocinado
Categorias
Leia Mais
Outro
Streamline Deployment: Unveiling the Power of Zero-Touch Provisioning
In today's fast-paced IT world, deploying new network devices can be a time-consuming and...
Por RUCKUS Networks 2024-07-09 13:58:46 0 421
Health
What To Know Before Using Organixx CBD Gummies Shark Tank? Read!
The trimmings in them calm your mind and body, which reduces the craving to smoke cigarettes. The...
Por Ruth Frigo 2022-01-31 05:49:15 0 2K
Outro
Motion Control Encoders Market Report with Key Player Landscape and Their Market Entry Strategies, Marketing Channels
Motion Control Encoders Market 2022 The analysis includes forecasted Motion Control Encoders...
Por Ajaykumar Patil 2022-10-18 21:30:21 0 2K
Outro
Local SEO for your personal Little Business Accomplishment
  What is Local SEO? Before we move into using the strength of Local SEO, we have to fully...
Por Thomas Shaw 2022-10-13 05:53:31 0 1K
Outro
Gonorrhea Therapeutics Market Analysis Report - 2023-2027
The Gonorrhea Therapeutics Market size is estimated to grow by USD 506.68...
Por Techi Person 2023-11-10 08:30:13 0 985