For 22.1% CAGR, Fitness App Market Size Expected a Global Growth of USD 19.33 Billion by 2029: Polaris Market Research

According to the research report, the global fitness app market size is expected to grow USD 19.33 Billion By 2029, at a CAGR of 22.1% during the forecast period.

According to the research report, the global fitness app market size is expected to grow USD 19.33 Billion By 2029, at a CAGR of 22.1% during the forecast period.

What is a Fitness App? How big is Fitness App Market?

Overview:

 

Fitness apps are applications designed to provide the user with instructions while running, walking, cycling, or taking part in any other physical activity. Many fitness apps are available to download from the internet onto a mobile device, such as a smartphone or tablet PC. Fitness apps are usually used to count calories other workouts-related statistical records such as walks, runs, and bike rides. Some apps provide music services, each having the same beat to motivate the user when doing such workouts as running and fitness classes.

The recent outbreak of the COVID-19 pandemic imposed nationwide lockdowns and social distancing norms that led to transit traditional studios and gyms to virtual fitness. This, in turn, has been a major factor in increased downloads and subscriptions of fitness apps. Technological advancements in AI and machine learning, increasing prevalence of hypertension, obesity, and cardiac problems are anticipated to create remunerative opportunities for the expansion of the fitness app market during the study period.

Request Sample Copy of Research Report @ https://www.polarismarketresearch.com/industry-analysis/fitness-app-market/request-for-sample

The Contents of The Report Include:

A collection of past data, events, and resulting forecasts.
Analysis of the market on a regional and global level, including its growth estimates
In-depth global fitness apps market segmentation by type, application, and regions
Profiles on the industry players with their sales, returns, market position
An up-to-date market analysis covers the latest market trends and technological developments.
A comprehensive evaluation of all opportunities and risks in the global fitness apps market
The market dynamics competitive environment for offering you a competitive edge of the major market.
A proprietary forecast of the economic scenario of the industry.

 

Top Global Market Players Are:

Aaptiv
Adidas
Appinventiv
Applico
Appster
Asics Corporation
Azumio Inc.
Fitbit Inc.
Google LLC
Grand Apps
Lenovo Group Limited
Nike
Noom
Samsung Electronics Co. Ltd.
TomTom International BV
Under Armour Inc.
Wahoo Fitness

 

Request for a Discount on this Report before Purchase @ https://www.polarismarketresearch.com/industry-analysis/fitness-app-market/request-for-discount-pricing

Frequently Asked Questions About The Market:

What is the global fitness apps market size at the global level?
What are the recent developments and government policies?
What are the top trends in the market?
What is the growth rate of the global fitness apps market?
Which Is the most potential market segment?
Which are the top industry players in the market?
Which region would offer high growth for vendors in the global fitness apps market?
How will the market dynamics change because of the impact of future opportunities, restraints, and drivers?
What is the impact of the regulations on the growth of the business?
Which is the leading region/country? What is the anticipated growth rate of the leading regions during the forecast period from 2021-to 2028?

 

Fitness Apps Market: Growth Drivers

Growing importance regarding healthy lifestyle features such as personal training, activity tracking, yoga and meditation, diet and nutrition tips, and others has positively impacted the growth of the global fitness app market size. In addition, the rising use of smartphones, tablets, and wearable devices is driving the global fitness apps market growth. Fitness apps allow people to achieve their healthy lifestyle goals at a lower cost and effort, which is the key factor forecasted to increase the demand for the software over the forecast period. An article published by World Economic Forum in September 2020 states that downloads of fitness and health apps increased worldwide by 46.0%.

Request Customized Copy of Report @ https://www.polarismarketresearch.com/industry-analysis/fitness-app-market/request-for-customization

(We customize your report according to your research need. Ask our sales team for report customization.)

Global Fitness Apps Market: Report Scope

Report Attribute

Details

Market Size 2020 Value

USD 3.28 Billion

Market Outlook for 2029

USD 19.33 Million

Expected CAGR Growth

22.1% from 2021 – 2029

Base year

2021

Forecast period

2022 – 2029

Segments covered

By Type, By Platform, By Device, By Region

Key Companies

Aaptiv, Adidas, Appinventiv, Applico, Appster, Asics Corporation, Azumio, Inc., Fitbit, Inc., Google LLC, Grand Apps, Lenovo Group Limited, MyFitnessPal Inc., Nike, Noom, Samsung Electronics Co., Ltd., TomTom International BV, and Under Armour, Inc.

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization Options

Customized purchase options are available to meet your research needs.

 

Fitness Apps Market: Market Segmentation

Insights By Type, Platform, Device, And Geographic Region

 

On the basis of type, the workout & exercise apps segment dominated the global fitness apps market with the largest revenue share of over 50.0% in 2021. This is because exercise and weight loss apps promote users to exercise. By platform, the android market segment is projected to dominate the market with high growth of 22.4% over the forecast period. The factors expected to contribute to this growth includes vast android users across the Asia Pacific and developments in android technology for smartphones. Based on devices, the smartphones market segment is anticipated to account for 60.9% in 2021 and is expected to continue its dominance over the forecast period because of rapidly growing smartphone users globally. 

In 2020, North America accounted for the largest market share in the global fitness industry and was expected to continue its progress over the forecast period owing to health-related issues such as obesity, respiratory problems, along with growing health concerns due to the COVID-19 outbreak. Asia Pacific is projected to register significant growth over the forecast period due to the spread of the COVID-19 pandemic that has led to increased investments in health and fitness. In addition, an increase in the usage of smartphones due to rising disposable income among the population is also positively favoring the industry expansion in this region.

Browse the full “Fitness App Market Share, Size, Trends, Industry Analysis Report, By Type (Workout & Exercise, Disease Management, Lifestyle Management, Nutrition & Diet, Medication Adherence); By Platform; By Device; By Region; Segment Forecast, 2021 – 2029” Report at https://www.polarismarketresearch.com/industry-analysis/fitness-app-market

The market is primarily segmented on the basis of type, platform, device, and geographic region.

Fitness Apps Market: By Type Outlook

Workout & Exercise Apps
Disease Management
Lifestyle Management
Nutrition & Diet
Medication Adherence

 

Fitness Apps Market: By Platform Outlook

Android
iOS
Windows

 

Fitness Apps Market: By Device Outlook

Smartphones
Tablets
Wearable Devices

 

About Us:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Media Contact
Company Name: Polaris Market Research and Consulting
Contact Person: Likhil
Email: Send Email
Phone: +1-9292-97-97-27
Address:30 Wall Street 8th Floor, New York City, NY 10005, United States
City: New York City
State: US
Country: United States
Website: https://www.polarismarketresearch.com/industry-analysis/fitness-app-market