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Online/Virtual Fitness Market 2022 Size, Industry Overview, Demand Factors And New Solutions Forecast To 2026
Online/Virtual Fitness Market
The regions covered in the online/virtual fitness market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest online/virtual fitness market share.
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The online/virtual fitness market consists of sales of online/virtual fitness services and related products by entities (organizations, sole traders, and partnerships) that offer online accessibility of health and wellness to fitness-conscious consumers or persons who might not be keen or able to visit a gym. Virtual or online fitness is a convenience-based fitness/wellness service to the users to access a trainer online/virtually rather than visiting the fitness facility. Usually, the fitness training videos are provided on the web dashboards or fitness apps that are managed by the fitness trainer. In addition, virtual fitness sensors in smartphones and wearable enable various virtual fitness applications like sleep monitoring and running rhythm tracking to enhance users' lifestyles and health.
Key competitors in the online/virtual fitness market include ClassPass Inc., FITBIT, INC., Fitness On Demand, Les Mills International Ltd., Navigate Wellbeing Solutions, Reh-Fit Centre, Sworkit Company, Viva Leisure, Wellbeats Inc., Zwift, Peloton Interactive, Inc, Health Clubs & Gyms, Fast Lean Fitness centre and Gym, Charter Fitness Inc., and MoveGB.
The global online/virtual fitness market size is expected to grow from $11.39 billion in 2021 to $16.15 billion in 2022 at a compound annual growth rate (CAGR) of 41.84%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The online fitness market is expected to reach $79.87 billion in 2026 at a CAGR of 49.12%.
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TBRC's report segments the global online/virtual fitness market:
1) By Device Type: Smart TV, Smartphones, Laptops, Desktops, Tablets
2) By End-User: Professional Gyms, Sports Institutes, Defense Institutes, Educational Institutions, Corporate Institutions, Individuals
3) By Revenue Model: Subscription, Advertisement, Hybrid
Read Further On The Online/Virtual Fitness Market Here:
https://www.thebusinessresearchcompany.com/report/online-virtual-fitness-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Online/Virtual Fitness Market Characteristics
3. Online/Virtual Fitness Market Trends And Strategies
4. Impact Of COVID-19 On Online/Virtual Fitness
5. Online/Virtual Fitness Market Size And Growth
.....
27. Online/Virtual Fitness Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Online/Virtual Fitness Market
29. Online/Virtual Fitness Market Future Outlook and Potential Analysis
30. Appendix
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