Online Fitness Market : Outlook, Opportunity and Demand Analysis, Forecast 2021- 2026 | ClassPass, Inc., FitnessOnDemand, Les Mills International

Consistent prevalence of obesity-related diseases resulting leading to higher incorporation of daily fitness routines will drive online fitness market in the coming years. An increase in health issues owing to sedentary lifestyles as well as a rising demand for customized workout experience at offices and homes is pushing the need for sophisticated virtual fitness classes.

Fitness instructors are using live streaming videos to monitor performance in real-time. Training centers, Blink Fitness and 305 Fitness are using digital platforms like Facebook and YouTube to virtually stream their fitness sessions, to make them interactive, and encourage the exercisers to provide feedback as well as enquire about their fitness-related queries.

This, along with the personalized recommendation offered by the trainers intensifies the overall workout experience. As per reports, the online fitness market is anticipated to be worth more than 30 billion globally by 2026.

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Online Fitness Market In terms of regional expanse, European users have emerged as key consumers for virtual services, with growing popularity of on-demand sessions for cardio workouts like exercise bikes, treadmills, and climbers. As per the European Heart Network, cardiovascular diseases are responsible for nearly 45% of the total deaths in the region. Death rates due to Ischemic Heart Disease and stroke are considerably high in the Central and Eastern parts of Europe.

Cardiovascular equipment helps in the maintenance of heart health along with lowering the blood pressure levels. The increasing awareness regarding health and well-being has motivated the consumers to incorporate cardio workouts in their routines to help reduce instances of heart diseases. Many leading technology companies are working towards offering the latest fitness solutions to meet the changing consumer demands and to achieve a competitive edge.

For instance, in September 2020, Apple unveiled a new virtual fitness service with a bundle of all its subscription of Apple One. The launch is a part of the company’s growth strategy to meet the demands of the consumers that are working at home during the pandemic.

Top Key Players Are : ClassPass, Inc., FitnessOnDemand, Les Mills International Ltd., Navigate Wellbeing Solutions, Peerfit, Inc., Sworkit, Viva Leisure, Peloton, Zwift, Charter Fitness, Inc., Goodlife Fitness, Wexer, Fitness First, Econofitness, Fittr, and MoveGB.

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Table Of Content:

Chapter 5. Virtual/Online Fitness Market, By Streaming Type
5.1. Key trends, by streaming type
5.2. Live
5.2.1. Market estimates and forecast, 2016 – 2026
5.3. On–demand
5.3.1. Market estimates and forecast, 2016 – 2026
Chapter 6. Virtual/Online Fitness Market, By Session Type
6.1. Key trends, by session type
6.2. Group
6.2.1. Market estimates and forecast, 2016 – 2026
6.3. Solo
6.3.1. Market estimates and forecast, 2016 – 2026
Chapter 7. Virtual/Online Fitness Market, By Device Type
7.1. Key trends, by device type
7.2. Smart TVs
7.2.1. Market estimates and forecast, 2016 – 2026
7.3. Smartphones
7.3.1. Market estimates and forecast, 2016 – 2026
7.4. Laptops, desktops and tablets
7.4.1. Market estimates and forecast, 2016 – 2026
7.5. Others
7.5.1. Market estimates and forecast, 2016 – 2026

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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