Soaring Fitness Consciousness to favorably foster the Global Fitness App Market
MarkNtel Advisors - Market Research Company
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The Global Fitness App Market is projected to grow at a CAGR of 22.0% in the forecast period of 2021-26, cites MarkNtel Advisors in their recent research report. Most of the market expansion is driven by the increasing internet penetration, resulting in a pool of smartphone users. Besides the constant technological evolutions pertaining to mental and physical fitness, curating the well-edged pathways for fitness applications further pushes the market upward.
Moreover, the gradual behavioral changes demonstrated by the explosion in consumer interest have given rise to more technological advancements in terms of fitness apps. Besides, the mushrooming of fitness centers has also amplified the market horizon, as the signature gyms lines are coming up with their own application to promote their fitness centers and fitness style, further states the research report, “Global Fitness App Market Analysis, 2021.”
The workout and Exercise Apps segment holds the maximum share through 2026
Based on the type, the Workout and Exercise Apps segment acquired the lion's share in the global fitness app market in 2019. It owes principally to the mounting prevalence of obesity and its severe health effects. Moreover, the rising awareness regarding other health issues, such as the prevalence of cardiovascular diseases, is likely to strengthen the segment's growth.
Further, the workout and exercise apps present a personal online trainer and aid in monitoring daily workout activities by maintaining the logbooks, which in turn, bolsters the market growth during the forecast period.
Owing to the highest number of downloads for fitness apps, Asia -pacific tops the industry
Asia-Pacific is anticipated to emerge as a promising market for fitness apps during the forecast period. It attributes principally to the growing health consciousness, increasing smartphone penetration, and the swift inclination toward fitness apps. These factors led to the highest number of downloads in Asia -Pacific in 2019, specifically India.
Competitive Landscape
The leading players in the Global Fitness App Market Are My FitnessPal Inc, Apple Inc, Google, Dom and Tom, Motorola Mobility LLC., Grandapps, Fitbit, Flo, Fitness Coach, Samsung Health, BetterMe, WillowTree, HealthifyMe, and Home Workout.
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Key Questions Answered in the Research Report
Market Segmentation:
1.?????By Type (Workout and Exercise Apps, Disease Management, Lifestyle Management (Sleep Tracker and Period, Ovulation Tracking, Others), Nutrition & Diet, Medication Adherence, Others (Meditation & Brain Training Apps)),
2.?????By Platform (Android, iOS, Windows),
3.?????By Device Type (Smartphones, Tablets, Wearable Devices),
4.?????By Gender (Men, Women),
5.?????By Region (North America, South America, Europe, Middle East & Africa, Asia-Pacific).
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