Overview of the Global Fitness Applications Market to 2025
Dublin, Oct 06, 2021 (GLOBE NEWSWIRE) – The report “Global Fitness Application Market (2020-2025) by Type, Gender, Platform, Function, Geography, Competitive Analysis and Impact of Covid-19 with Ansoff analysis “has been added to ResearchAndMarkets.com offer.
The global fitness applications market is estimated to be worth $ 5.23 billion in 2020 and is expected to reach $ 11.52 billion by 2025, with a CAGR of 17.1%.
Key factors such as the emphasis on maintaining a healthy lifestyle, the increasing use of smartphones, tablets and wearable devices, and the increased awareness of diet-related illnesses are driving the growth of the market fitness apps. In addition, the ease of access and timing flexibility of fitness related information has enhanced the growth of the market.
However, factors such as technical issues of applications and high cost of applications are likely to restrain the growth of the market. In addition, the strong competition between application developers with the presence of different alternatives is a major challenge for the market.
The global fitness apps market is further segmented on the basis of type, gender, platform, function, and geography.
By Type, the market is categorized as Exercise & Weight Loss, Activity Tracking, Diet & Nutrition, and Muscle Gain. Among all, the Exercise and Weight Loss segment holds the highest market share.
By function, the market is categorized into disease management, lifestyle management, activity monitoring, and medication adherence. Among all of them, the activity monitoring segment accounted for the largest share.
By gender, the market is categorized into men and women. Among the two, the female segment holds the highest market share.
By platform, the market is categorized into ios, android and windows. Among all, the Android segment holds the highest market share.
By geography, North America is expected to dominate the market.
1. Under Armor said it was selling MyFitnessPal to investment firm Francisco Partners for $ 345 million, slightly less than what it paid for the connected fitness app and platform in 2015. – November 2, 2020
2. Fitbit has launched Fitbit Ace 3, the next-generation sleep and activity tracker for kids 6 and older to get active and develop healthy habits with the whole family. – March 9, 2021
Some of the companies covered in the report are Adidas America Inc., Fitbit, Inc., Fitnesskeeper Inc., Azumio, MyFitnessPal, Inc., Nike, Noom, Inc., Under Armor, Aaptiv Inc, Appinventiv, Google, Samsung Electronics, Lenovo and Grand Apps,
The report includes Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors taken into account for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.
Why buy this report?
The report offers a comprehensive assessment of the global fitness applications market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The main research is carried out through interviews, surveys and observations of well-known people in the industry.
The report includes in-depth market analysis using Porter’s 5 Force Model and Ansoff Matrix. The impact of Covid-19 on the market is also presented in the report.
The report also contains competitive analysis using the Competitive Quadrant, the analyst’s proprietary competitive positioning tool.
Highlights of the report:
A comprehensive market analysis including parent industry
Important market dynamics and trends
Historical, current and projected market size based on value and volume
Market shares and strategies of the main players
Recommendations for companies to strengthen their presence in the market
Main topics covered:
1 Description of the report
2 Research methodology
3 Executive summary
4 Market overview
4.2 Market dynamics
22.214.171.124 High priority to maintain a healthy lifestyle
126.96.36.199 Growing use of smartphones, tablets and portable devices
188.8.131.52 Increase awareness of diet-related diseases
184.108.40.206 Ease of access and flexibility of time for fitness, nutrition and information
220.127.116.11 Technical problems in applications
18.104.22.168 High cost of applications
22.214.171.124 Emerging markets
126.96.36.199 Growing Investments in Fitness Applications
188.8.131.52 Growing demand for real-time data
184.108.40.206 Growing demand of fitness apps for different purposes
220.127.116.11 Inaccurate Tracking and / or Fitness Data Results
18.104.22.168 High competition
22.214.171.124 High demands on data from consumers
5 Market analysis
5.1 Porter’s five forces analysis
5.2 Impact of COVID-19
5.3 Ansoff matrix analysis
6 Global Fitness Applications Market, By Type
6.2 Exercise and weight loss
6.3 Activity monitoring
6.4 Diet and nutrition
6.5 Muscle gain
7 Global Fitness Applications Market, By Function
7.2 Activity monitoring
7.3 Adherence to medication
7.4 Disease management
7.5 Lifestyle management
8 Global Fitness Apps Market, By Gender
9 Global Fitness Applications Market, By Platform
10 Global Fitness Applications Market, By Geography
10.2 North America
10.2.1 United States
10.3 South America
10.4.1 United Kingdom
10.4.6 Rest of Europe
10.5.6 South Korea
10.5.9 Rest of APAC
10.6 Rest of the world
10.6.2 Saudi Arabia
10.6.3 South Africa
10.6.4 United Arab Emirates
10.6.5 Latin America
11 Competitive landscape
11.1 Competitive quadrant
11.2 Market share analysis
11.3 Competitive scenario
11.3.1 Mergers & Acquisitions
11.3.2 Agreement, collaborations and partnerships
11.3.3 New product launches and improvements
11.3.4 Investments and financing
12 company profiles
12.1 Adidas AG
12.2 ASICS Digital Inc.
12.3 Azumio inc.
12.5 FitNow Inc.
12.6 Google LLC
12.7 Nike Inc.
12.8 Samsung Electronics Co. Ltd.
12.9 Under Armor Inc.
12.10 YAZIO GmbH.
12.12 Electro polar
12.13 MyFitnessPal, Inc.
12.14 Kayla Itsines
12.15 Willow Tree, Inc.
12.17 Fitbit, Inc. (Google)
12.18 FitnessKeeper (Asics)
12.20 Motorola Mobility LLC (Lenovo)
12.21 Aaptiv Inc
For more information on this report, visit https://www.researchandmarkets.com/r/z4x70d
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