According to this latest study, Fitness App Market was valued at USD 87.47 billion in 2019 and is expected to reach USD 358.74 billion by the year 2026, at a CAGR of 22.56%.
Fitness app industry
includes small, specialized programs designed to keep the user motivated while
running, walking, cycling, or taking part in any other physical activity. In
addition, majority of the fitness apps are used to count calories, others
statistical records on workouts or collect data on walks, runs, and bike rides.
Moreover, fitness apps connect the user to a personal trainer or nutritionist
to help with areas of concerns when using a specific fitness routine or just
generally with workouts. Furthermore, fitness apps also provide coordinated
series of songs, each having the same beat when doing workouts such as running
and fitness classes.
The report focuses
on growth prospects, restraints, and trends of the fitness app market analysis.
The study provides Porter’s five forces analysis to understand impact of
various factors, such as bargaining power of suppliers, competitive intensity
of competitors, threat of new entrants, threat of substitutes, and bargaining
power of buyers, on the fitness app market.
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Fitness App Market - Size, Competitive Landscape and
Segmentation Analysis:
Fitness App Market
Reports provide a high-level overview of market segments by product type,
applications, leading key players, and regions, as well as market
statistics. The research insights focus on the impact of the Covid-19
epidemic on performance and offers a thorough examination of the current market
and market dynamics. This crucial understanding of the report's objective can
help you make better strategic decisions about investment markets by assessing
elements that may affect current and future market circumstances. The leading
key players in the Global and Regional market are summarized in a research to
understand their future strategies for growth in the market.
The key players covered in the Fitness App market
report is:
·
Azumio
·
FitBit
·
Jawbone
·
FitnessKeeper
·
Under
Armour
·
Adidas
·
Daily
Workouts Apps
·
Fooducate
·
Google
·
My
Diet Coach
·
Nike
·
Noom
·
Polar
Electro
·
Runtastic
·
Samsung
Electronics
·
Sports
Tracking Technologies
·
Wahoo
Fitness
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By Type, Fitness
App has been segmented into:
·
Android
·
iOS
·
Other
By Application, Fitness
App has been segmented into:
·
Health Monitoring
·
Lifestyle Monitoring
·
Other
Market Segment
by Regions and Countries Level Analysis:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., France, Italy, Russia, Spain etc.)
·
Asia-Pacific
(China, India, Japan, Southeast Asia etc.)
·
South
America (Brazil, Argentina etc.)
·
Middle
East & Africa (Saudi Arabia, South Africa etc.)
Covid-19 Impact
and Recovery Analysis on Industry:
We've kept track of
Covid-19's direct impact on this market as well as its indirect impact on other
industries. During the analysis period, the impact of the Covid-19 pandemic on
the market is predicted to be significant. From a worldwide and regional
viewpoint, this report examines the influence of the pandemic on the Fitness
App industry. The study categories the Fitness App industry by type,
application, and consumer sector to determine market size, market features, and
market growth. It also includes a thorough examination of the factors that
influenced market development before and after the Covid-19 pandemic. In
addition, the research did a pest analysis in the sector to investigate major
influencers and entrance obstacles.
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Key Benefits
For Stakeholders
- The study provides an
in-depth analysis of the fitness app market forecast along with the
current trends and future estimations to explain the imminent investment
pockets.
- Information about key
drivers, restraints, & opportunities and their impact analysis on the
global market is provided in the report.
- Porter’s five forces
analysis illustrates the potency of the buyers and suppliers operating in
the industry.
- The quantitative
analysis of the fitness app market from 2021 to 2030 is provided to
determine the market potential.
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