Global Fitness App Market 2024-2028

Description

List of Tables

The fitness app market is forecasted to grow by USD 55.86 bn during 2023-2028, accelerating at a CAGR of 17.78% during the forecast period. The report on the fitness app market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by empowering health management amid the rising incidence of chronic diseases, growing adoption of wearable devices, and rising customer interest in yoga, aerobics, and mixed martial arts (MMA).

Technavio's fitness app market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	17.5%
CAGR	17.78%
Incremental Value	$55.86bn

By Gender

Female
Male

By Application

Lifestyle monitoring
Health monitoring
Others

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the innovative coaching platform approach with integrated video workout features as one of the prime reasons driving the fitness app market growth during the next few years. Also, increasing number of m and a and collaborations among vendors and rising investments in fitness apps will lead to sizable demand in the market.

The report on the fitness app market covers the following areas:

Fitness app market sizing
Fitness app market forecast
Fitness app market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fitness app market vendors that include Adidas AG, Alphabet Inc., Apple Inc., ASICS Corp., Azumio Inc., BetterMe Ltd., Diverse Retails Pvt. Ltd., Fiit Ltd., Fitness Connection, Fooducate Ltd., Garmin Ltd., Jefit Inc., MINDBODY Inc., Nike Inc., PEAR Sports LLC, Polar Electro Oy, Samsung Electronics Co. Ltd., Squats Fitness Pvt. Ltd., Under Armour Inc., Wahoo Fitness LLC, WellDoc Inc., and YAZIO GmbH. Also, the fitness app market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40200

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global fitness app market 2018 - 2022
4.2 Gender Segment Analysis 2018 - 2022
4.3 Application Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Gender

6.1 Market segments
6.2 Comparison by Gender
6.3 Female - Market size and forecast 2023-2028
6.4 Male - Market size and forecast 2023-2028
6.5 Market opportunity by Gender

7 Market Segmentation by Application

7.1 Market segments
7.2 Comparison by Application
7.3 Lifestyle monitoring - Market size and forecast 2023-2028
7.4 Health monitoring - Market size and forecast 2023-2028
7.5 Others - Market size and forecast 2023-2028
7.6 Market opportunity by Application

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 APAC - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Japan - Market size and forecast 2023-2028
9.11 Germany - Market size and forecast 2023-2028
9.12 South Korea - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Adidas AG
12.4 Alphabet Inc.
12.5 ASICS Corp.
12.6 Azumio Inc.
12.7 BetterMe Ltd.
12.8 Diverse Retails Pvt. Ltd.
12.9 Fiit Ltd.
12.10 Fitness Connection
12.11 Fooducate Ltd.
12.12 Garmin Ltd.
12.13 Jefit Inc.
12.14 MINDBODY Inc.
12.15 Nike Inc.
12.16 Samsung Electronics Co. Ltd.
12.17 Under Armour Inc.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations