02-Jan-2020 | Zion Market Research
Zion Market Research has published a new report titled “Fitness App Market by Type (Nutrition, Exercise, and Activity Tracking), Platform (iOS, Android, and Others), and Device (Wearable Devices, Tablets, and Smartphones): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025” According to the report, global demand for fitness app market was valued at approximately USD 2,521.6 Million in 2018, and is expected to generate revenue of around USD 10,785.3 Million by end of 2025, growing at a CAGR of around 8.6% between 2019 and 2025.
Browse the full “Fitness App Market: by Type (Nutrition, Exercise, and Activity Tracking), Platform (iOS, Android, and Others), and Device (Wearable Devices, Tablets, and Smartphones): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025” Report at https://www.zionmarketresearch.com/report/fitness-app-market
Fitness has gained an important position in the lives of individuals all over the world. With the emergence of a more prosperous middle class, the demand for fitness services has amplified considerably. Technology has transformed the fitness industry in many ways. The development of fitness apps has played an important role in taking fitness inside the households. Nutrition and diet apps help in planning and executing healthy nutrition plans. Whereas, workout apps are used for carrying out body weight drills that can help in weight loss.
Factors such as increasing demand for continuous health assessment, growing internet and smartphone reach in developing counties, increasing popularity of smart bands and watches, growing inclination towards fitness and weight reduction, high obesity rate, and convenience will act as major driving factors in the growth of global fitness app market. Continual research undertaken by app developers to club new features in existing apps and increasing income will present an opportunity for the market players in the fitness app market. Nonetheless, paid app features and absence of awareness in developing counties will restrict the growth of global fitness app market.
The global fitness app market has been split into type, platform, and device. Based on type, fitness app market has been segmented into nutrition, exercise, and activity tracking. The exercise segment accounted for the highest market share in 2018 owing to high demand for weigh loss apps, increasing sedentary lifestyle, and growing preference given by working professionals to home workout.
The platform segment has been divided into iOS, Android, and Others. The android segment is expected to exhibit highest CAGR during the forecast period.
The device segment has been divided into wearable devices, tablets, and smartphones. The smartphones segment accounted for the highest market share in 2018. The wearable devices segment is expected to exhibit highest growth in the forecast time-frame due to increasing adoption of smart bands.
Regionally, the thoracic drainage devices market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa North America will be foremost region through the forecast time. U.S. will be the leading country in the North America region owing to high rate of obesity, rapid uptake of latest lifestyle related technologies, and presence of major market players. Europe is expected to be the next key market. The vital reasons are high importance given to fitness and diet. Asia Pacific will develop at the highest growth rate owing to high smartphone and internet penetration, rising disposable income of the middle class population, and launch of budget smart bands and smart watches by Chinese manufacturers. Latin America region will propagate at a noteworthy rate through the assessment time. Middle East & Africa will demonstrate positive progression in the projected years.
The report also includes detailed profiles of key players such as Fitbit, Inc., Appster, Adidas, FitnessKeeper, MyFitnessPal Inc., Azumio, Inc., Nike, Under Armour, Inc., Noom, Appinventiv, Aaptiv, and Applico among others.
This report segments the Global Fitness App Market as follows:
Global Fitness App Market: By Type
Global Fitness App Market: By Platform
Global Fitness App Market: By Device
Global Fitness App Market: By Region
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