Connected Gym Equipment Market to Exhibit a Remarkable CAGR of 26.93% by 2030, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the connected gym equipment market, valued at USD 822.56 million in 2022, will reach USD 5542.19 million by 2030, growing at a CAGR of 26.93% during the forecast period of 2023 to 2030. 

Gym equipment connected to the internet and centralized servers gathers user data according to their need and desire. Users can connect the equipment to wearables or smartphone applications to track and continuously monitor their performance. They were also used to create individualized workout schedules to maximize their effectiveness and enhance the user's form. The connected gym equipment includes stationary bikes, ellipticals, rowing machines, and treadmills. Squat racks, barbells, bench presses, and dumbbells are some equipment used for strength training. These tools make it easier to work out different muscle groups in a synchronized fashion with other users and store the database on a cloud server.

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Some of the major players operating in the Connected Gym Equipment Market are EGYM (Germany), LES MILLS INTERNATIONAL LTD (New Zealand), Life Fitness (U.S.), Brunswick Corporation (U.S.), Precor (U.S.), Technogym S.p.A. (Italy), Paradigm Health and Wellness (U.S.), Johnson Health Tech (U.S.), Nautilus, Inc. (U.S.), Core Health and Fitness, LLC. (U.S.), Inc. (U.S.), iFIT Inc.(U.S.), TRUE (Thailand), Nortus Fitness (India) Into Wellness (India), Escape Fitness (U.K.), Watson GYM Equipment (U.K), BEAVERFIT LIMITED (U.S.), Steelflex Fitness (U.K.) among others.

Competitive Landscape and Connected Gym Equipment Market Share Analysis :

The connected gym equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to connected gym equipment market.

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