Key Drivers and Market Trends
The Global Fitness app market is projected to grow by $ 3.50 bn, accelerating at a CAGR of over 15.34% till 2025 owing to factors such as Increasing use of mobile apps. In addition, Rising penetration of Internet is a key trend that is expected to drive market growth. This research report delineates all the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.
Fitness App Market: Segments and Geographical Regions
Fitness App Market: Vendor Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
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The report provides insights into the following FAQs:
Fitness App: Discover Key Drivers that will Boost Growth
Synopsis of Growth Drivers with Market Forecast 2021-2025
The Global Fitness App Market is projected to grow by $ 3.50 bn, accelerating at a CAGR of over 15% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.
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Fitness App Market: Top Drivers for Growth
One of the key factors that will drive growth is Increasing use of mobile apps. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.
Fitness App Market: Segment List
This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Fitness App Market is segmented by Application (Lifestyle monitoring, Health monitoring, and Others) and Geography (APAC, North America, Europe, MEA, and South America). Request our Free Sample Report
Fitness App Market: adidas AG, Alphabet Inc., ASICS Digital Inc., Azumio, BetterMe, Fiit Ltd., Jefit Inc., Nike Inc., Samsung Electronics Co. Ltd., and Under Armour Inc. are some of the leading competitors
The Fitness App Market is fragmented and market growth of the depends on market conditions, government support, and industry development. Our report offers a detailed study of all the factors that can influence growth. adidas AG, Alphabet Inc., ASICS Digital Inc., Azumio, BetterMe, Fiit Ltd., Jefit Inc., Nike Inc., Samsung Electronics Co. Ltd., and Under Armour Inc. are some of the major market participants. The report also provides insights into the growth prospects of each of these leading players along with their product pipelines.
Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.
For more insights on this market: Download a Free Sample Report
The report provides insights into the following FAQs:
Fitness App Market: Leading Regions and Market Trends
Regional Growth Analysis and Market Trends 2021-2025
The fitness app market is set to grow by $ 3.50 bn, accelerating at a CAGR of almost 15% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.
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Fitness App Market: APAC to lead market growth during the forecast period
Fitness App Market: Vendor Landscape
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. adidas AG, Alphabet Inc., ASICS Digital Inc., Azumio, BetterMe, Fiit Ltd., Jefit Inc., Nike Inc., Samsung Electronics Co. Ltd., and Under Armour Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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The report provides insights into the following FAQs:
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Fitness App Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the fitness app market and it is expected to grow by $ 3.50 bn, accelerating at a CAGR of almost 15% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Fitness App Market: Key Trends to impact market growth
The growing adoption of wearable devices will positively influence the fitness app market growth. The demand for fitness devices is growing significantly, and their activity tracking capabilities are improving every year. Several wearable electronic devices, such as smartwatches, smart bands, and smart rings, have various features, such as calling, messaging, and fitness tracking. These devices integrate fitness applications to connect with smartphones for several activities, such as heart rate monitoring, GPS tracking, and sleep monitoring.
Fitness App Market: Top Drivers to Boost Demand
Sports and fitness apps enable people to maintain healthy lifestyles and fitness routines by tracking their footsteps, calories burnt, and running distance. The rising use of smartphones has increased the adoption of mobile apps. The availability of simple payment options for the subscription of digital content and access to tips on health management are encouraging people to use fitness apps. Awareness among people about health and nutrition will increase the adoption of mobile fitness apps and drive the growth of the market during the forecast period.
Vendor Analysis: adidas AG, Alphabet Inc. and ASICS Digital Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. adidas AG, Alphabet Inc., ASICS Digital Inc., Azumio, BetterMe, Fiit Ltd., Jefit Inc., Nike Inc., Samsung Electronics Co. Ltd., and Under Armour Inc. are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Fitness App Market: Key Highlights of the Report for 2021-2025
Fitness App Market to Grow by $ 3.50 Billion through 2021-2025
The Global Fitness App Market is expected to grow by $ 3.50 billion, accelerating at a CAGR of over 15% during the forecast period. Although the Information Technology industry is expected to witness mixed growth as a result of COVID-19, the impact of the pandemic on the market in focus is expected to remain POSITIVE. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report
"The increasing use of mobile apps will drive the growth prospects for the Global Fitness App Market in the forthcoming years. 42% of the market growth will originate from APAC during the forecast period", says senior research analyst for the Information Technology Industry at Technavio.
Fitness App Market: Application Segment Highlights
42% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for fitness apps in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The significant growth of the telecommunication industry will facilitate the fitness app market growth in APAC over the forecast period.
Fitness App Market: Competitive Analysis
Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report
