Fitness app Market to Witness Robust Expansion by 2028

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The Fitness app market was estimated to grow from USD 1.2 billion in 2021 to USD 3.71 billion by 2028 at a CAGR of over 17.52% during the forecast period.

Stratview Research has published a new report titled ‘Fitness app Market’ to its database. It has segmented the market By Type (Exercise Weight Loss, Diet Nutrition, Activity Tracking), By Platform (Android, iOS, others), By Device (Smartphones, Tablets, Wearable Devices), and  by Region (North America [The USA, Canada, and Mexico], Europe, and Rest of the World [Brazil, Saudi Arabia, and Others]).

Market Segments' Analysis

The market researchers have studied the Fitness app Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information -

Based on the product type, the market has been classified into Exercise Weight Loss, Diet Nutrition, and Activity Tracking. Under these, the exercise weight loss segment held a significant market share of more than 49.5% in 2021.

Based on the platform type, the market has been classified into Android, iOS, and others. Under these, the iOS segment held a significant market share of more than 49.9% in 2021.

Based on the device type, the market has been classified into Smartphones, Tablets, and Wearable Devices. Under these, the Smartphone segment held a significant market share of more than 65.1% in 2021. An increase in smartphone penetration globally is a key factor driving the segment's growth.

 

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Key Players of the market:

  • Noom
  • Nike
  • Under Armour, Inc.
  • WillowTree, Inc.
  • Adidas
  • Appster

In terms of region, the North American market held the highest market share of more than 34.5% in 2021 and is projected to grow at a fastest CAGR in the coming years. The presence of major RD investors such as IBM Corporation, Amazon.com, and Oracle Corporation expands the regional market size.

Highlights of the report:

The report also highlights the following segments -

  • The market structure and forecasts for the coming years.
  • Drivers, restraints, opportunities, and current trends of Fitness app Market.
  • Historical data and forecast.
  • Estimations for the forecast period 2028.
  • Developments and trends in the market.

Our market research experts have studied the FITNESS APP Market in 360 degrees via. both primary secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-chain, pricing trends, product preferences, consumer patterns more. The findings are further validated through primary research with industry experts across the globe.

Reasons to Invest in this Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period.
  • Segments include quantitative, qualitative, and value data.
  • Regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.

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About Us

Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.

 

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