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Global Fitness App Market to Witness Huge Growth by Worldwide| Global Current Trade Size And Future Prospective

11-25-2020 01:35 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Fitness App Market

Global Fitness App Market

Data Bridge Market Research has recently added a concise research on the Global Fitness App Market to depict valuable insights related to significant market trends driving the industry. Global Fitness App Market report suggests that industry is anticipated to witness higher growth during the forecast period due to growing demand at the end user level. This report is the best overview about global industry perspective, comprehensive analysis, size, share, growth, segment, trends and forecast. The research study and research data covered in this Global Fitness App Market report makes this document a handy resource for managers, analysts, researchers, industry experts, and other key people get ready-to-access and self-analyzed study. Under competitive analysis section, major key players existing in the market are mentioned along with various details such as company profiles, their market share analysis, and their different strategies which make them thrive in the market.

Global Fitness App Market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Thorough insights into emerging trends, opportunities and potential threats are offered via this report as it is the key to long-term sustenance in a competitive environment. This Global Fitness App Market research report provides resourceful, efficient, fact-based and penetrating insights from the customers.

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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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.

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

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.

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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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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

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

For More Insights Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-fitness-app-market&pm

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)

Contact:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

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. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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