Fitness App Market 2020 Global Share, Growth, Size, Opportunities, Trends, Regional Overview, Leading Company Analysis, And Key Country Forecast to 2026 | adidas, Motorola, ASICS, Google Fit, Nike, SAMSUNG ELECTRONICS, Wahoo Fitness

This Fitness App market document underlines the market growth during the forecast period 2020-2026. The segmental analysis provided in this report is based on significant factors such as market share, market size, consumption, production & growth rate of the market segments studied. This industry analysis report gives idea about the sub-market that will make significant contribution to the market. It takes into account top factors which are impacting the growth of the market. The report studies developed as well as developing regional markets entirely to help market players identify profit-making opportunities in diverse regions and countries.

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This market analysis document offers a deeper analysis of the latest and future trends of the global Fitness App market. Readers of the report are also provided with far-reaching geographical analysis to provide a clear understanding of the regional growth of the market. Market players can use this analysis to gain a competitive advantage over their competitors. Fitness App market document covers all the key regions and countries for studying market parameters. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions & compare the growth of all regional markets.

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.

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.

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Market Definition: Global Fitness App Market

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.

Segmentation: Global Fitness App Market

Fitness App Market : By Type

Exercise & Weight Loss
Diet & Nutrition
Activity Tracking

Fitness App Market : By Gender

Men
Women

Fitness App Market : By Platform

Android
iOS
Others

Fitness App Market : By Device

Smartphones
Tablets
Wearable Devices

Fitness App Market : By Application

Lifestyle Monitoring
Health Monitoring
Others

Fitness App Market : By Geography

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

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

Fitness App 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

Fitness App 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

Key Questions Answered in Global Fitness App Market Report

What is the scope of growth of companies in the global Fitness App market?
What will be the Y-o-Y growth of the global Fitness App market between 2020 and 2027?
What is the influence of changing trends in technologies on the global Fitness App market?
Will North America continue to be the most profitable market for Fitness App providers?
Which factors will hamper the growth of the global Fitness App market during the forecast period?
Which are the leading companies in the global Fitness App market?

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Fitness App Market : 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.

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