Press release
Virtual Reality (VR) Fitness Game Market Size, Trends, Drivers, Growth Rate And Future Expansion To 2033
The new report published by The Business Research Company, titled Virtual Reality (VR) Fitness Game Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the virtual reality (VR) fitness game market size has grown strongly in recent years. It will grow from $12.16 billion in 2023 to $13.08 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The virtual reality (VR) fitness game market size is expected to see strong growth in the next few years. It will grow to $17.73 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.
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Increase In The Popularity Of Gaming Apps Driving VR Reality (VR) Fitness Game
The increase in the popularity of gaming apps is expected to propel the growth of the virtual reality (VR) fitness game market going forward. Gaming apps are programs intended for entertainment and frequently include interactive gameplay experiences. The increase in the popularity of gaming apps can be attributed to factors such as immersive experiences, a diverse range of workouts, and enhanced privacy features. VR fitness games integrate virtual reality technology into gaming applications to provide immersive and engaging experiences focused on physical exercise and health. For instance, in January 2024, according to Business of Apps, a UK-based B2B media and information platform, 148.2 billion applications and games were downloaded in 2023, a 3.9% rise from 2022. Therefore, the increase in the popularity of gaming apps is driving the growth of the virtual reality (VR) fitness game market.
Technological Advancements Revolutionizing Fitness
Major companies operating in the virtual reality (VR) fitness market are focused on developing advanced products with technology such as virtual reality fitness apps, to help users achieve their fitness goals. Virtual reality (VR) fitness apps are applications or software programs that leverage virtual reality technology to provide users with interactive and immersive fitness experiences. For instance, in April 2021, VirZOOM, Inc., a US-based technology company, launched the VZfit fitness app for Oculus Quest 1 & 2 devices, featuring patented motion control technology. This technology maps images onto a 3D environment, providing immersive experiences without motion discomfort while users work out and explore Google Maps Street View. The users can enjoy full-body workouts or connect smart bike devices for cycling workouts. Additional features include alerts for points of interest, social media sharing, multiplayer options, Strava and Fitbit integration, music streaming, and personalized coaching.
The virtual reality (VR) fitness game market covered in this report is segmented -
1) By Type: Music Rhythm Games, Boxing And Fighting Games, Other Types
2) By Connecting Device: Gaming Console, PC Or Desktop, Smartphone
3) By Application: Single-Player Fitness, Multiplayer Fitness
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Major companies operating in the virtual reality (VR) fitness game market are Meta Platforms Inc. , Sony Interactive Entertainment LLC, Valve Corporation, HTC Corporation, Resolution Games AB, Joyway Technology Co Ltd, Fit Club, Survios Inc., Fit Reality Inc., FitXR Limited, Blue Goji, Kluge Interactive, Within Unlimited Inc. , Icaros GmbH, Virtuix Holdings Inc., Black Box VR Inc., Sealost Interactive LLC, YUR Inc., GymCraft Ltd, Reflexion Interactive Technologies, Holodia, Virtuleap, VREX, Synth Riders, Cmoar Studio
Contents of the report:
1. Executive Summary
2. Virtual Reality (VR) Fitness Game Market Report Structure
3. Virtual Reality (VR) Fitness Game Market Trends And Strategies
4. Virtual Reality (VR) Fitness Game Market - Macro Economic Scenario
5. Virtual Reality (VR) Fitness Game Market Size And Growth
…..
27. Virtual Reality (VR) Fitness Game Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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