Fitness App Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Fitness App Market Global Opportunity Analysis - 2030
The global fitness app market size was valued at USD 13.78 billion in 2020 and is projected to reach USD 120.37 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 24.3% from 2021 to 2030.

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The fitness app market is primarily driven by the growing emphasis on leading a healthy lifestyle and the expanding use of smart devices like smartphones, tablets, and wearables. The development of fitness apps using artificial intelligence and machine learning, as well as the rising incidence of diseases linked to a sedentary lifestyle, are creating lucrative growth opportunities. The fitness app market worldwide is also growing as people become more aware of diseases linked to diet. Home fitness apps have always been a part of our lives, but recently, their use has skyrocketed. National lockdowns and social distance guidelines have altered how we use applications over the past 18 months. All verticals experienced significant growth in installs and sessions in 2020, but the health and fitness sector performed especially well.

Trends Influencing Fitness App Market
Fitness applications have done a great job of retaining their users, which has led to many people choosing to utilize their mobile devices to maintain their fitness levels. Apart from the limitations that still affect users' habits, the variety and number of health and fitness applications are probably what motivates this continuous use. Nowadays, in addition to workouts and routines, several applications also include integrated equipment, wearable technologies, and mindfulness/meditation exercises.
By enabling us to monitor our progress from anywhere, mobile apps have given us more tools to improve our health and fitness. They also offer tips on how to carry out particular exercises and training schedules, which we may follow on our phones. This element is anticipated to fuel the fitness app market.
The fitness app market is expanding as more individuals realize how important leading a healthy lifestyle is. The increased number of people who are employed and leading busy lives means that there is less time for people to concentrate on their health. Stress-related illnesses including anxiety and depression are thus on the rise. As a result, customers are becoming more motivated to pay attention to their health, which has given rise to the widespread use of fitness apps. Additionally, during the course of the projection period, the fitness app market will rise due to the general public's increasing use of smartphones, tablets, wearable technology, and high-speed internet connectivity.

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• KEY MARKET PLAYERS
o Aaptiv Inc.
o Applico Inc.
o Addias
o Azumio, Inc.
o Fitbit LLC.
o FitnessKeeper
o MyfitnessPal, Inc.
o Nike, Inc.
o Noom Inc.
o Under Armour, Inc.

• By Device Type
o Smartphones
o Tablets
o Wearable Devices

• By Operating System
o iOS
o Android

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