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.

Fitness App Market Segmentation
Thanks to the growing consumer adoption of iOS devices, iOS is anticipated to be one of the operating system segments with the highest growth rates for the fitness app market share during the forecast period.

According to device type, smartphones are anticipated to be among the most lucrative segments for market share growth for fitness apps during the forecast period.

Exercise and weight loss are anticipated to be one of the most lucrative segments for growth in the fitness app market share during the forecast period due to the rising prevalence of obesity-related diseases like cardiovascular diseases, cancer, diabetes, and others.
Asia-Pacific is anticipated to have the highest CAGR of 26.3 percent between 2021 and 2030 due to the widespread acceptance rate of fitness apps, rising obesity rates, and growing demand for hassle-free, risk-free fitness services. During the projection period, North America is anticipated to be one of the markets with the highest growth potential for the fitness app market share.

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Key Market Segments
• By Device Type
o Smartphones
o Tablets
o Wearable Devices
• By Operating System
o iOS
o Android
• By Type
o Exercise & Weight Loss
o Diet & Nutrition
o Activity Tracking
o Others

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