Fitness App Market was worth US$ 6.48 Bn in 2022 and total revenue is expected to grow at a rate of 21.4 % CAGR from 2023 to 2029, reaching almost US$ 25.19 Bn in 2029
Fitness App Market Report Overview
A new report published by Global Market Intelligence firm, Maximize Market Research, indicates that the Fitness App Market is expected to grow significantly in the coming years. The report identifies the key drivers of growth, as well as the major restraints and challenges that the market is facing. It also provides insights into the potential opportunities that exist in the market.
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Fitness App Market Report Scope
The report provides current Fitness App market trends and regional insights, including demand, supply, and sales, as well as recent changes in the market. It focuses on the key drivers and restraints for key players, as well as the current competitive landscape. The report also provides the latest data on market statistics, future developments, size, and emerging trends, which can help you identify the products and end users that are driving revenue growth and profitability. It also includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product.
Fitness App Market Regional Analysis
The Fitness App market report provides a comprehensive overview of the market, including its geographic condition, market size and share, business network structure, opportunities, and news updates.
Fitness App Market Segmentation
The market is further divided into three segments based on type: Activity Tracking, Diet & Nutrition, and Exercise & Weight Loss. The exercise and weight loss segment held the major part of 54.7% in 2022 because to the increased prevalence of obesity. The World Health Organization reports that between 1975 and 2022, the prevalence of obesity tripled. An analysis by the Global Burden of Disease in 2022 found that 8% of the world’s population died from obesity. Additionally, it is anticipated that growing public awareness of the harmful health implications of obesity, including diabetes, cancer, and cardiovascular disease, will propel category expansion. Exercise and weight-loss applications come with features including personal trainers, weight-loss logbooks, video and audio instruction, timers, and the ability to pair with other devices.
The market is divided into submarkets based on platform, including iOS, Android, and others. iOS has the largest revenue share of 52.6 percent in 2022. Growing customer adoption of iOS is one of the main factors propelling the growth of this market. After the iOS 14 upgrade was released in September 2021, about 26% of users of iPhones, iPods, and iPads had installed it in five days. Additionally, the growing use of iOS smartphones is driving the segment’s rise. As to Apple Inc., there were 1.5 billion active users of Apple devices in the first fiscal quarter of 2021, up from 1.4 billion in the previous quarter. Among the fitness applications for iOS are Nike Training Club, Fitocracy, MyFitnessPal, FitStar, Fooducate, and Strava.
The market is divided into three sub-sectors based on devices: wearables, tablets, and smartphones. With a revenue share of 676.6% in 2022, smartphones held the largest proportion. One of the main factors propelling this segment’s growth is the rise in the number of smartphone users worldwide. It is projected that 75% of people worldwide will own a smartphone by 2022, up from the current percentage of 65%. 49% of people used their mobile phones to access the internet in 2021, according to the Mobile Economy Survey. The market is expanding in part because more people are using cellphones to access the internet. The market for wearable technology is anticipated to grow rapidly throughout the forecast period. As people become more conscious of their health and wellness, wearables are growing in popularity.
Global Fitness App Market Analysis and Forecast, By Platform
1. Introduction and Definition
2. Key Findings
3. Fitness App Market Value Share Analysis, By Platform
4. Fitness App Market Size (US$ Bn) Forecast, By Platform
5. Fitness App Market Analysis, By Platform
6. Fitness App Market Attractiveness Analysis, By Platform
Global Fitness App Market Analysis and Forecast, By Type
1. Introduction and Definition
2. Key Findings
3. Fitness App Market Value Share Analysis, By Type
4. Fitness App Market Size (US$ Bn) Forecast, By Type
5. Fitness App Market Analysis, By Type
6. Fitness App Market Attractiveness Analysis, By Type
Global Fitness App Market Analysis and Forecast, By Device
1. Introduction and Definition
2. Key Findings
3. Fitness App Market Value Share Analysis, By Device
4. Fitness App Market Size (US$ Bn) Forecast, By Device
5. Fitness App Market Analysis, By Device
6. Fitness App Market Attractiveness Analysis, By Device
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Fitness App Market Key Players
1. Fooducate
2. Google
3. Kayla Itsines
4. Myfitnesspal, Inc.
5. Nike
6. Noom
7. Adidas
8. Appster
9. Asics America Corporation
10. Azumio, Inc.
11. Fitbit, Inc.
12. Fitness keeper
13. Polar Electro
14. Under Armour, Inc.
15. Willowtree, Inc.
16. APPLICO INC.
17. Aaptiv Inc
18. Appinventiv
19. Samsung Electronics
20. Tom-tom
21. Lenovo
22. Grand Apps
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Key Questions answered in the Fitness App Market Report are:
- What is Fitness App?
- What is the forecast period of the Fitness App Market?
- What is the expected Fitness App market size by the end of the forecast period?
- What will be the CAGR of the Fitness App market during the forecast period?
- Who are the key players in the Fitness App industry?
- Which region held the largest market share in the Fitness App Market?
- What are the opportunities for the Fitness App Market?
- What are the factors restraining the Fitness App market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Fitness Appers, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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