Sports and Fitness Apps Market worth USD 17.44 billion by 2027

Description

The report, titled "Sports and Fitness Apps Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", highlights the growing trend of consumers prioritizing their health and wellness. With the rise of lifestyle diseases such as obesity and diabetes, more people are turning to fitness and sports apps to help them achieve their health goals.

The report identifies several key factors that are propelling the sports and fitness apps market forward. These include rising mobile device adoption, the rise of wearable technology, and the rising popularity of fitness tracking and monitoring apps.

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Furthermore, the report states that the COVID-19 pandemic has had a significant impact on the market for sports and fitness apps. With many gyms and fitness centers closed or underutilized, more people are turning to mobile apps to stay active and healthy.

As the sports and fitness apps market continues to grow, analysts predict that there will be even more innovation in the space. From AI-powered coaching to virtual reality fitness experiences, the future of sports and fitness apps looks bright.

The Sports and Fitness Apps market is divided between organized and unorganized companies. The unorganized market now dominates the Sports and Fitness Apps market. However, over the predicted period of 2023-2030, this picture is expected to alter. Lifestyle Modifications, Urbanization, Growing Middle Class Population, Local Availability and Availability of Snacks in Small Package Sizes, Low Price, and Focus on Regional Taste are all factors contributing to the growth of the Sports and Fitness Apps market.

Major Key players in this Market:

◘ 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

Drivers & Trends

The Sports and Fitness Apps Market is reliant on a number of factors that can either help or hinder the industry overall. The variables are presented and classified according to their potential impact on the Sports and Fitness Apps Market. Various factors are defined in the report for all of the Sports and Fitness Apps Market segments and countries. These variables have data attached to them.

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Detailed Segmentation:

By Application:

◘ Health Monitoring
◘ Activity Tracking & Monitoring

By Platform Type:

◘ iOS
◘ Android
◘ Windows

Regional Outlook:

The Asia Pacific, North America, Europe, Latin America, and the Rest of the World are examined in the geographical analysis of the worldwide Sports and Fitness Apps market. Because of its well-established ICT service providers and big consumer base, North America is the world's leading/significant area in terms of market share. Over the projected period 2022-2030, Asia-Pacific is expected to have the greatest growth rate/CAGR.

Report Includes:

An up-to-date detailed analysis of the global markets for Sports and Fitness Apps.
Analyses of global market trends, including data from 2018 and 2021, predictions for 2022 and 2024, and compound annual growth rates (CAGRs) through 2028.

The worldwide Sports and Fitness Apps market size is estimated and forecasted, with market share analysis by Sports and Fitness Apps type, component, application, end-user industry, and geographic area.

Highlights of the industry's market potential for Sports and Fitness Apps, emerging applications, technological advancements, and strategic innovations

COVID-19 consequences on market advancement and assessment of feasible technological drivers through a comprehensive examination of numerous Sports and Fitness Apps specialized applications for new and existing sub-parts.

Recent industry structure, present competitive landscape, R&D activities, significant growth initiatives, and business value share analysis based on segmental sales are all included.

Review of patents granted for Sports and Fitness Apps, and assessment of new developments within the industry, as well as new advances in the sector.

Company profiles of the the world's leading global players.

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Table of Contents with Major Points:

1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2028 (USD Billion)
1.2.1. Sports and Fitness Apps Market, by Region, 2018-2028 (USD Billion)
1.2.2. Sports and Fitness Apps Market, by Type, 2018-2028 (USD Billion)
1.2.3. Sports and Fitness Apps Market, by Application, 2018-2028 (USD Billion)
1.2.4. Sports and Fitness Apps Market, by Verticles, 2018-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

2. Global Sports and Fitness Apps Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

3. Global Sports and Fitness Apps Market Dynamics
3.1. Sports and Fitness Apps Market Impact Analysis (2018-2028)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities

4. Global Sports and Fitness Apps Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

5. Global Sports and Fitness Apps Market, by Type
5.1. Market Snapshot
5.2. Global Sports and Fitness Apps Market by Type, Performance - Potential Analysis
5.3. Global Sports and Fitness Apps Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
5.4. Sports and Fitness Apps Market, Sub Segment Analysis

6. Global Sports and Fitness Apps Market, by Application
6.1. Market Snapshot
6.2. Global Sports and Fitness Apps Market by Application, Performance - Potential Analysis
6.3. Global Sports and Fitness Apps Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
6.4. Sports and Fitness Apps Market, Sub Segment Analysis
6.4.1. Others

7. Global Sports and Fitness Apps Market, by Verticles
7.1. Market Snapshot
7.2. Global Sports and Fitness Apps Market by Verticles, Performance - Potential Analysis
7.3. Global Sports and Fitness Apps Market Estimates & Forecasts by Verticles 2018-2028 (USD Billion)
7.4. Sports and Fitness Apps Market, Sub Segment Analysis

8. Global Sports and Fitness Apps Market, Regional Analysis
8.1. Sports and Fitness Apps Market, Regional Market Snapshot
8.2. North America Sports and Fitness Apps Market
8.3. Europe Sports and Fitness Apps Market Snapshot
8.4. Asia-Pacific Sports and Fitness Apps Market Snapshot
8.5. Latin America Sports and Fitness Apps Market Snapshot
8.6. Rest of The World Sports and Fitness Apps Market

9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Keyplayer1
9.2.1.1. Key InDurationation
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments

10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes

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