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Fitness App Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

09-22-2023 12:19 PM CET | Health & Medicine

Press release from: Orion Market Research

Fitness App Market is Anticipated to Increase at a Stable CAGR

The global fitness app market is anticipated to grow at a significant CAGR of 20.8 % during the forecast period. Rising awareness among the population across the globe towards the health coupled with inclination towards the adoption of healthy lifestyle has propelled the growth of the market. As a result of which, consumers had started using apps to get more information on health issues and track their daily intakes. According to the World Economic Forum, in September 2021, downloads of health and fitness applications has been grew by 46% across the globe. Additionally, 97% believe fitness and happiness go hand in hand and while men are turning towards cycling, martial arts, and the gym, women are more inclined to choose dance, aerobics, and jumping rope to get there. Furthermore, during the period of home isolation increased usage of technology-aided distant social interaction, focus on physical fitness, and leisure activities were adopted by consumers, which acted as a major factor driving the growth of the fitness app market for the forecast period.

Outbreak of COVID-19 significantly impacted on the fitness app market. The pandemic pushed consumers to adopt virtual fitness over physical gyms and fitness studios. The guidelines of the government to maintain social distance to avoid transmission of COVID-19 are affecting the health of many individuals who are unable to meet their fitness goals. Owing to this, virtual app vendors are focusing on introducing innovative solutions and expanding their geographical range which is fueling the fitness app market for the forecast period. For instance, in August 2021, Union Minister for Youth Affairs and Sports in India, Anurag Thakur launched Fit India mobile app at the Major Dhyan Chand National Stadium in Delhi. The mobile app is a personal trainer and fitness guide which aims to create more awareness towards fitness. Additionally, vendors are offering various premium features and discounts to attract consumers and take subscriptions acting as a driver to the market.

The global fitness app market is segmented based on the operating system and application. Based on the operating system, the market is bifurcated into IOS and android. Based on the application, the market is sub-segmented into exercise & weight loss, diet & nutrition, activity tracking, and others. Among the operating system segment, the android market segment is expected to witness a high growth rate for the fitness app market for the forecast period. Rapidly increasing android users across the globe and advancements in android technology for smartphones are driving the growth of the market.

To Request a Sample of our Report on Fitness App Market:  https://www.omrglobal.com/request-sample/fitness-app-market

Fitness App Market Segmentation

By Operating System

IOS
Android 

By Application

Exercise & Weight Loss
Diet & Nutrition
Activity Tracking 
Others 

A full Report of Fitness App Market is Available @  https://www.omrglobal.com/industry-reports/fitness-app-market

Regional Analysis

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles 

Aaptiv Inc.
Applico Inc.
ASICS Asia Pte. Ltd.
Azumio, Inc.
Fitness keeper
Grand Apps
Kayla itsines
My FitnessPal Inc.
Noom Inc.
Polar Electro Oy
Samsung Electronics Co. Ltd.
Strong Fitness Pte Ltd.
Tom Tom International BV
Under Armour, Inc.
WillowTree, Inc.

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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/fitness-app-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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