Fitness App Market Size, Share, Growth, Demand, Emerging Trends and Forecast by 2028

Data Bridge Market research has recently published the comprehensive business research on "Fitness App Market " includes historic data, present market trends, future product environment, marketing strategies, emerging trends or opportunities, and the technical progress in the related industry.

Data Bridge Market Research analyses that the market is growing with a CAGR of 25.6% in the forecast period 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.

All the numerical data included in the Fitness App market report is backed up by excellent tools such as SWOT analysis, Porter’s Five Forces Analysis and others. The report covers quite a few topics including market trend analysis, market drivers, market restraints, opportunities, threats, application analysis, emerging markets, and futuristic market scenario.

Fitness App market report is an analytical estimation of the key challenges in terms of sales, export or import, and revenue that an organization may have to face in the approaching years. This business report also comprises of strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. The report makes use of an excellent research methodology which focuses on market share analysis and key trend analysis. Not to mention, the data is collected only from the dependable sources such as journals, newspapers, company websites and annual reports of the companies on which Fitness App industry can rely confidently.

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.

Market Players Covered

AllTrails, LLC, FITNESS22 LTD, FITNOTES, Google, Jefit, Inc., MyFitnessPal, Inc., Fitbit LLC., Calm, Strava, Inc, Headspace Inc., Firsthand Technology Inc., komoot, Freeletics GmbH, YAZIO, Lifesum AB, Leap Fitness group, ASICS DIGITAL, INC., STRONG FITNESS PTE LTD., AZUMIO, "RUNTASTIC GMBH" among others.

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.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Fitness App market. Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market. Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market. Market Development: Comprehensive information about emerging markets. This report analyses the market for various segments across geographies. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Fitness App market.

Key Influence of this Market:

• Comprehensive assessment of all opportunities and risk in this Market
• This Market recent innovations and major events
• Detailed study of business strategies for growth of the this Market-leading players
• Conclusive study about the growth plot of the Market for forthcoming years
• In-depth understanding of this Market-particular drivers, constraints and major micro markets
• Favorable impression inside vital technological and market latest trends striking this Market
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the market with respect to the current market size and future prospective

Highlights of Following Key Factors:-

• Business description

A detailed description of the company’s operations and business divisions

• Corporate strategy

Analyst’s summarization of the company’s business strategy

• Company history

Progression of key events associated with the company

• Major products and services

A list of major products, services and brands of the company

• Key competitors

A list of key competitors to the company

• Important locations and subsidiaries

A list and contact details of key locations and subsidiaries of the company

• Detailed financial ratios for the past 5 years

The latest financial ratios derived from the annual financial statements published by the company with 5 years’ history.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Fitness App market Landscape

Part 04: Global Fitness App market Sizing

Part 05: Global Fitness App market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches