Global fitness app market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 25.6% in the forecast period of 2021 to 2028 and is expected to reach USD 27,646.95 million by 2028. The global fitness app market is growing tremendously due to increasing inclination towards fitness and weight reduction, increasing prevalence of chronic diseases including diabetes among others. The rising popularity of using smartwatches and bands is also driving market growth.
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Global Fitness App Market Scenario
According to Data Bridge Market Research, the market for global fitness app in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Integrated Fitbit LLC which accounts an estimated market share of approximately 22.42% in the global market. The company has gained outstanding sale by providing novel fitness app products.
A fitness app is defined as an application that can be downloaded on smart devices including laptops, phones, and tablets among others. It can be available on two different platforms including android and iPhone operating systems (iOS). According to the online public health resource (Health Works Collective), more than 97,000 fitness and health apps are available on tablet and mobile devices. Moreover, approximately 52% of the smartphone users achieve health-associated information through their devices and approximately 15% of the users are between the age of 18-29 years old who have installed health apps. There are several types of fitness app available including care management apps, vital sign monitoring apps, health and wellness apps, women health apps, medication management apps, consultancy apps among others.
The fitness app market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.
Now the question is which other regions Fitbit LLC, CALM and Headspace Inc. are targeting? Data Bridge Market Research has forecasted a large growth in North America fitness app market and the market leaders targeting U.S. and Canada to be their next pocket revenue for 2021.
The fitness app market is becoming more competitive with companies like regions Fitbit LLC, CALM and Headspace Inc. These are the top dominating companies in fitness app market and have launched novel software, services and consumables in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the Global fitness app market.
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In December 2020, Apple announced the launch of Fitness+, which brings the studio-style workout to iPad, iPhone and intelligently incorporates personalized and immersive experience to users. This new app provides heart rate data and teaches the basics of HIIT, strength, core, and yoga to beginners. Moreover, cycling and treadmill workouts are also featured with this app In September 2020, Fitbit Inc. launched a new premium health and fitness subscription service, which provides users with sleep tracking, audio, relaxation tools, and other similar insights. Moreover, this up-gradation also involves gamification and other challenges to keep the users motivated about their health and fitness In January 2019, Withings launched Move, a stylish, affordable, and sleep tracking watch collection. This new affordable product launched by Withings is the best way to track sleep, weight, activity, among others using the Withings health mate app
Key Market Competitors Covered in the Report
Calm Fitbit LLC. Headspace Inc. MyFitnessPal, Inc. Strava, Inc “RUNTASTIC GMBH” Freeletics GmbH AllTrails, LLC Lifesum AB FITNESS22 LTD komoot AZUMIO Firsthand Technology Inc. Google Jefit, Inc. STRONG FITNESS PTE LTD. ASICS DIGITAL, INC. Leap Fitness group FITNOTES
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Global Fitness App Market Scope and Market Size
The Global fitness app market is categorized into eight notable segments based on the product, type, application, therapeutic area, operating system, mode of purchase, end user, and distribution channel.
On the basis of product, the global fitness app market is segmented into care management apps, vital sign monitoring apps, health and wellness apps, women health apps, medication management apps, consultancy apps and others. In 2021, health and wellness apps are expected to dominate the market as the hectic lifestyle and the emergence of COVID-19 has led people to take care of their health more which will drive the segment growth.
On the basis of type, the global fitness app market is segmented into connected apps and in-built devices. In 2021, the connected apps segment is expected to dominate the market due to the growing aging population, changing lifestyles, and rising health concerns.
On the basis of application, the global fitness app market is segmented into training, tracking, fitness games and others. In 2021, the tracking segment is expected to dominate the market because regular reminder boosts motivation levels and with a fitness tracker, one can keep track of its physical activity daily.
On the basis of therapeutic area, the global fitness app market is segmented into cardiovascular, dermatology & skin cancer, ophthalmology, diabetes, respiratory, audiology, sleep disorders, nutrition and others. In 2021, nutrition is expected to dominate the market due to the rise in awareness regarding eating healthy and the importance of consumption of right nutrition.
On the basis of operating system, the global fitness app market is segmented into iOS, android, and windows. In 2021, the IOS segment is expected to dominate the market because of increasing IOS users as compared to other technologies, as the apple phone is quite advanced and has unique in built facilities that help the fitness apps to provide more features to their users.
On the basis of mode of purchase, the global fitness app market is segmented into subscription based and non-subscription based. In 2021, subscription based segment is expected to dominate the market as it provides customized plans, workout routines, diet charts among others. Such advantages are increasing the growth potential of the subscription-based segment.
On the basis of end user, the global fitness app market is segmented into providers, home healthcare, and others. In 2021, the providers segment is expected to dominate the market due to an increase in the number of healthcare centers worldwide.
On the basis of distribution channel, the global fitness app market is segmented into third party distributor and direct tender. In 2021, the third party distributor segment is expected to dominate the global fitness app market because of overall control over sales.
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Key Pointers Covered in This Market Research Report: Market Size Market New Sales Volumes Market Replacement Sales Volumes Installed Base Market By Brands Market Procedure Volumes Market Product Price Analysis Market Healthcare Outcomes Market Cost of Care Analysis Regulatory Framework and Changes Prices and Reimbursement Analysis Market Shares in Different Regions Recent Developments for Market Competitors Market Upcoming Applications Market Innovators Study
This Report Consists of: ▪ No of pages: 350 ▪ No of Figures: 60 ▪ No of Tables: 220
Objectives of the Report To carefully analyze and forecast the size of the market by value and volume. To estimate the market shares of major segments of the To showcase the development of the market in different parts of the world. To analyze and study micro-markets in terms of their contributions to the market, their prospects, and individual growth trends. To offer precise and useful details about factors affecting the growth of the To provide a meticulous assessment of crucial business strategies used by leading companies operating in the market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Destinations of This report: 1. To make accessible the wide-going outline of the market. 2. To accomplish the data about the central members in this industry, their item portfolios, and their key techniques. 3. To know about the future standpoint and possibilities for this market investigation and figure 2022-2029. 4. To dissect the market size of the market so that understanding the critical patterns from it gets simple. 5. To look at the market dependent on item, portion of the overall industry, and size of the item share. 6. To dissect possibilities or openings on the lookout for partners by realizing the high-development fragments of the market. 7. To increase bits of knowledge about the major provincial experiences in which the is prospering. 8. To accomplish delineations and gauge the market, as far as worth, by process, item type, and industry. 9. To strategically diagram the central parts and exhaustively dissect their market position as far as positioning and center capabilities, and detail the cutthroat scene for market pioneers. 10. To portray and estimate the market, as far as worth, for different fragments, by area North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
Report Coverage: Vendor Profiles Vendor Assessment Strategies Technology Assessment Product Mapping Industry Outlook Economic Analysis Segmental Analysis Market Size Analysis Tables
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