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Fitness App Market: Current Analysis and Forecast (2021-2027)

Region:Global

Author(s):

Product Code:UMTI21528

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Published on

November 2021

Total pages

281

Table of Content

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About the Report

About the Report

Fitness applications are mainly used to monitor and record fitness-related physical activities, for example, distance walked, steps taken, heartbeat monitoring, sleep duration, and others. The wireless connectivity medium is employed for the connection of these devices with computers or smartphones. The advancements in technologies and innovation are expected to boost market growth in the upcoming period. In September 2019, Apple unveiled the apple watch series 5, with many advanced features such as onboard tracking of GPS and heart rate with high accuracy.
With the rising number of working professionals and the problems faced by consumers due to their busy schedules and long working hours, many of the consumers are actively adopting home workout routines which in turn is propelling the market growth. Also, the growing trends of home workouts are providing a boost to fitness app market as more consumers are spending on these products for the exercise & Weight Loss tracking, Activity Tracking etc.,
Increase in the global burden of people suffering from chronic diseases including cancer, heart diseases, and diabetes that has inclined people to adopt a healthy lifestyle which will drive the global market of fitness app market. For instance, according to WHO, 41 million people die every year because of non-communicable diseases accounting for 71% of all deaths all over the world. Furthermore, fitness app is gaining huge popularity among fitness enthusiasts owing to the growing trend of bodybuilding which in turn is boosting the market growth. However, some of the restraints in the market include the various alternatives available for fitness applications.
The market for the Fitness app is increasing on account of the rising trend of wearable technology amongst young youth, increase in awareness of health consciousness, rise in IoT trend, high preference in old age people. Moreover, the rising disposable income leads to high purchasing power which boosts the market growth. However, some of the restraints in the market are Safety & Privacy Concerns and high costs.
Based on the type, the market is fragmented into Workout and Exercise Apps, Disease Management, Lifestyle Management, Nutrition and Diet, Medication Adherence and Others. The Workout and Exercise Apps segment captured XX% market share in the Fitness App Market in 2020 and dominated the market.
Moreover, the market would witness a sharp rise in the forthcoming years owing to the surging awareness among consumers. However, the lifestyle management segment would witness sky-rocked growth in the forecast period of 2021-2027F.
Based on the Platform, the market is fragmented into Android, iOS and Windows. The android segmented captured XX% market share in the Fitness App Market in 2020 and dominated the market. Moreover, the market would witness a sharp rise in the forthcoming years owing to the rising number of android shipments coupled with the availability of android phones at reasonable price.
Based on the Gender, the market is fragmented into Male and Female. The male segmented captured XX% market share in the Fitness App Market in 2020 and dominated the market. However, the female segment would witness a sharp rise in the forthcoming years owing to the rising awareness among females and the rising health issues to females.
Based on the Device, the market is fragmented into Smartphones, Tablets and Wearable Devices. The smart phones segment captured XX% market share in the Fitness App Market in 2020 and dominated the market. However, the wearable device segment would witness a sharp rise in the forthcoming years owing to the rising popularity among consumer and the launch of new smart wearables at affordable price.
For a better understanding of the market adoption of the Fitness App Market, the market is analyzed based on its worldwide presence in the countries such as North America (the United States and Canada), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of APAC), and Rest of World. North America constitutes a major market for the Fitness App industry and generated revenue of USD XX Million in 2020 owing to the increase in the rising chronic disease among consumers.
Some of the major players operating in the market are Adidas, Fitbit, Inc., Appster, Azumio, Inc., MyFitnessPal Inc., Applico, FitnessKeeper, Aaptiv, Nike and Noom, etc., Several M&As along with partnerships have been undertaken by these players to develop Diabetic food.

Products


Companies

Adidas, Fitbit, Inc., Appster, Azumio, Inc., MyFitnessPal Inc., Applico, FitnessKeeper, Aaptiv, Nike and Noom

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stake Holders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Fitness App Market

2.2. Research Methodology of the Fitness App Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Fitness App Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL FITNESS APP MARKET COVID-19 IMPACT

6 GLOBAL FITNESS APP MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY TYPE

7.1. Workout and Exercise Apps

7.2. Disease Management

7.3. Lifestyle Management

7.4. Nutrition and Diet

7.5. Medication Adherence

7.6. Others

8 MARKET INSIGHTS BY PLATFORM

8.1. Android

8.2. iOS

8.3. Windows

9 MARKET INSIGHTS BY GENDER

9.1. Male

9.2. Female

10 MARKET INSIGHTS BY DEVICE

10.1. Smartphones

10.2. Tablets

10.3. Wearable Devices

11 MARKET INSIGHTS BY REGION

11.1. North America Fitness App Market

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. Europe Fitness App Market

11.2.1. United Kingdom

11.2.2. Germany

11.2.3. France

11.2.4. Italy

11.2.5. Spain

11.2.6. Rest of Europe

11.3. Asia Pacific Fitness App Market

11.3.1. China

11.3.2. Japan

11.3.3. India

11.3.4. Australia

11.3.5. South Korea

11.3.6. Rest of Asia Pacific

11.4. Rest of World Fitness App Market

12 FITNESS APP MARKET DYNAMICS

12.1. Market Drivers

12.2. Market Challenges

12.3. Impact Analysis

13 FITNESS APP MARKET OPPORTUNITIES

14 FITNESS APP MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

16.1. Demand Side Analysis

16.2. Supply Side Analysis

16.2.1. Top Product Launches

16.2.2. Top Business Partnerships

16.2.3. Top Business Expansions, Investments and Divestitures

16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

18.1. Competitive Landscape

18.1.1. Company Shares, By Revenue

19 COMPANY PROFILED

19.1. Adidas

19.2. Fitbit, Inc.

19.3. Appster

19.4. Azumio, Inc.

19.5. MyFitnessPal Inc.

19.6. Applico

19.7. FitnessKeeper

19.8. Aaptiv

19.9. Nike

19.10. Noom

20 DISCLAIMER

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