Press release
Global Fitness App Market Shows Strong Growth with Leading Players are adidas International Trading B.V.; Motorola Mobility LLC; ASICS Corporation; Azumio; Fitbit, Inc
A most recent review on Global Fitness App Market is led covering different associations of the business from various topographies to think of 100+ page report. The examination is an ideal blend of subjective and quantitative data featuring key market improvements, challenges that industry and rivalry is looking alongside whole investigation and new open door accessible and may slant in Global Fitness App Market showcase. The report connects the authentic information from 2013 to 2018 and anticipated till 2027*. Market analysis included here gives an examination of various segments that are relied upon to witness the fastest development amid the estimate forecast frame. And not to mention, before giving it to the end users, all this information is assessed and validated by the market experts. Some are the key and developing players that are a piece of inclusion and have being profiled are adidas International Trading B.V.; Motorola Mobility LLC; ASICS Corporation; Azumio; Fitbit, Inc.; Fooducate LTD.; Google Fit; The Bikini Body Training Company and moreThe current market scenario and future prospects of the sector have also been examined in the most excellent Global Fitness App Market report. A number of estimations and calculations have been executed in this market report by assuming definite base year and the historic year. It is a professional and detailed report that highlights primary and secondary drivers, market share, leading segments and geographical analysis. This market research report is a resource for getting current as well as upcoming technical and financial details of the industry to 2027. The report also analyses the emerging trends along with major drivers, challenges and opportunities in the 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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Focus of the report:
The report focuses to provide all the insights of the Global Fitness App Market along with all CAGR values and the market shares analysis of all the players in the market. The report is a vital piece of information on the market which explains all the competitive landscape and all the segments in the market while analyzing and forecasting the Global Fitness App Market for the coming years. The report also provides all details in terms of recent developments in the market and all the manufacturers.
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.
Global Fitness App Market By Type (Exercise & Weight Loss, Diet & Nutrition, Activity Tracking), Gender (Men, Women), Platform (Android, iOS, Others), Device (Smartphones, Tablets, Wearable Devices), Application (Lifestyle Monitoring, Health Monitoring, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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.
Strategic Key attributes of the report:
• The 360-degree Global Fitness App Market overview based on a global and regional level
• Market share, value, volume, and production capacity is analyzed on global, regional and country level
• A complete and useful guide for new market aspirants
• Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
• Supply and Consumption – In continuation of sales, this section studies supply and consumption for the Global Fitness App Market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.
• Competitors – In this section, various Global Fitness App Market industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
• Production Analysis – Production of the Global Fitness App Market is analyzed with respect to different regions, types and applications. Here, price analysis of various Global Fitness App Market key players is also covered.
• Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Global Fitness App Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.
• Other analyses – Apart from the information, trade and distribution analysis for the Global Fitness App Market.
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.
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
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
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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
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