Upcoming Market Forecast Study Offers Key Discernments on Expansion of Fitness App Market during 2019-2026 | Fooducate LTD., Nike, Inc, Sports Tracking Technologies, ASICS Corporation, adidas International Trading B.V.

Fitness apps are the software platforms designed by the technological companies to provide their consumers with all of the relevant information required for the maintenance of their healthcare and enhancement of their lifestyles. These applications are available on various mobile-based app stores, giving motivations to their consumers, organizing an exercise regime, providing a diet and nutritional plan and keeping a track of all their fitness activities.

This Fitness App market report gives a methodical estimation of the key challenges in terms of sales, export/import, or revenue that any business may have to deal with in the coming years. This Fitness App report also provides the complete overview of the market, covering various aspects such as product definition, market segmentation, and the prevailing vendor landscape. It aids in estimating the demand of particular product in the market with respect to several aspects. Moreover, it offers noteworthy data along with future forecast and thorough analysis of the market on a global and regional level. Expert solutions combined with potential capabilities make this Fitness App market report outshining.

Market Analysis: Global Fitness App Market

Global Fitness App Market is expected to rise to an estimated value of USD 12.98 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the rise in the levels of disposable income of individuals, along with the advancements of applicable devices being integrated with enhanced quality of sensors.

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Fitness App Industry In trying to lose weight, exercise more consistently, or push yourself to higher intensity workouts, everyone needs a little help. Fitness apps give you that help by reminding you of your goals and prompting you to follow through on them. They also give you the tools you need, whether it's a calorie calculator or a video-based workout session, to achieve success.

Key Market Competitors:

Few of the major competitors currently working in the global fitness app market are adidas International Trading B.V.; Motorola Mobility LLC; ASICS Corporation; Azumio; Fitbit, Inc.; Fooducate LTD.; Google Fit; The Bikini Body Training Company; Under Armour, Inc.; Nike, Inc.; Noom, Inc.; Polar Electro; TomTom International BV; Daily Workout Apps, LLC; Jefit, Inc.; SAMSUNG ELECTRONICS CO., LTD.; Sports Tracking Technologies; Sworkit by Nexercise, Inc.; inKin Social Fitness; Wahoo Fitness among others.Market Drivers

• Increasing focus of individuals to maintain a healthier lifestyle; this factor is expected to drive the growth of the market
• Higher rate of adoption for digital/mobile health applications to maintain individual health is expected to propel the market growth
• High rate of adoption for smart devices such as smartphones and smart watches for fitness-related activities is expected to fuel the growth of this market
• Increasing rate of obese population globally during significant rise in the consumption of fast-food; this factor is also expected to boost the market growth

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Market Restraints

• Availability of cheap-alternative applications that provide similar functionality restricts the market growth
• Concerns regarding the complicated navigational experience for consumers in the application and the app stores is expected to hinder the market growth

Segmentation: Global Fitness App Market

By Type

• Exercise & Weight Loss
• Diet & Nutrition
• Activity Tracking

By Gender

• Men
• Women

By Platform

• Android
• iOS
• Others

By Device

• Smartphones
• Tablets
• Wearable Devices

By Application

• Lifestyle Monitoring
• Health Monitoring
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa

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Key Developments in the Market:

• In September 2019, Netpulse, in collaboration with 49ers Fit announced the launch of a gym companion app for Apple Watch. The app is designed for optimizing user experience for various gym-related activities such as checking-in, management of classes, analyzing the workouts and providing motivation to the users over a long-period of time. The app is integrated with eGym Cloud helping in the better analysis of performance delivering a more personalized experience
• In May 2019, Future.fit announced the availability of their fitness app available for a monthly subscription of USD 150 per month. The app assigns a personalized trainer for each individual who monitors the fitness activities and whether the user is following the routine planned out for them. They even provide all of the necessities for monitoring the workout such as an Apple watch, and integration of their app with the watch

Competitive Analysis:

Global fitness app market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fitness app market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

• Current and future of global fitness app market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Points Covered in The Report:

• The points that are discussed within the report are the major market players that are involved in the Fitness App market.
• The complete profile of the companies is mentioned.
• The production, sales, future strategies, and the technological developments that they are making are also included within the report.
• The growth factors of the Fitness App market is discussed in detail wherein the different end users of the market are explained in detail.
• The application areas of the Fitness App market are also discussed thus giving a broad idea about the market to the clients.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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