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[PDF] Sports and Fitness Apps Market : Secrets Revealed
What Is Sports and Fitness Apps?Earlier, access to fitness programs was limited to fitness clubs and centers. However, it has increased in the recent past, due to adoption of smartphones among individuals. This in turn is expected to boost growth of the global sports and fitness apps market over the forecast period. Moreover technology integration in wearable devices is also expected to boost the market growth. Mobile apps can be integrated with fitness trackers and smartwatch that offer various benefits such as activity tracking and distance measurement with the help of GPS technology. However, lack of compatibility with wearable devices and lack of standardization may lead to integration issues with fitness apps, which can be one of the restraining factors that can hamper growth of the global sports and fitness apps market during the forecast period.
Sports and Fitness Apps Market Key Players:
ASICS Digital (The ASICS Run keeper), Inc., Azumio Inc., Fitbit Inc., Freeletics, Garmin Ltd., Jefit Inc., Nike Inc., Polar Electro, Runtastic GmbH, Under Armour Inc., Wahoo Fitness
The global Sports and Fitness Apps market is estimated to account for US$ 17,436.4 Million by 2027
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Global Market- Insights Sports and fitness apps have become an integral part of daily lives of millions of mobile users, allowing them to use smartphones to do everything related to sports and fitness of individuals. Fitness apps are gaining high adoption among individuals seeking a healthy lifestyle. Mobile apps are available in both free and paid versions, where paid apps require one-time payment during the installation. Due to limited budget and time, every fitness-conscious individual cannot afford membership in fitness centers or health clubs. Easy availability of cost-effective apps has led to growth of global sports and fitness apps market.
Sports and Fitness Apps Market Taxonomy
Global Sports and Fitness Apps Market, By Application:
Health Monitoring
Activity Tracking & Monitoring
Global Sports and Fitness Apps Market, By Platform Type:
iOS
Android
Windows
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Key features of the study:
This report provides in-depth analysis of Sports and Fitness Apps market, market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global Sports and Fitness Apps market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study include ASICS Digital (The ASICS Run keeper), Inc., Azumio Inc., Fitbit Inc., Freeletics, Garmin Ltd., Jefit Inc., Nike Inc., Polar Electro, Runtastic GmbH, Under Armour Inc., Wahoo Fitness
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, product up-gradation, market expansion, and marketing tactics
The global Sports and Fitness Apps market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global Sports and Fitness Apps market
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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